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Thursday, August 14, 2025
TopicPeople's Bank of China

Topic: People's Bank of China

Rupee pressure likely to persist for now. Flexibility may be apt strategy for RBI to counter uncertainty

Rupee had a major fall this week, led by strong US macro data, rising crude prices. China's currency moves, Japan’s possible rate hike & domestic growth concerns may maintain pressure.

China plans its own digital currency as global competition heats up

The People's Bank of China is accelerating the launch and will conduct trials across several cities, according to the state-run Global Times. Internet giants Alibaba and Tencent are expected to participate too.

India and China are leading the world, at least in the monetary cosmos

Monetary policies of People's Bank of China and the Reserve Bank of India have indicated more to come, as both are responding to global headwinds that have local ramifications.

On Camera

Dogs matter more to Indian middle class than people

Why do people who complain that our municipalities are incapable of offering proper shelter to dogs not worry about the pathetic shelter offered to refugees and victims of political persecution?

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.