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Rupee

Rupee’s advance seems to be causing some discomfort for RBI

The central bank has announced plans to hold a $5 billion foreign-exchange swap auction for a three-year tenor.
Rs 2,000 banknote

Rupee rallies as India-Pakistan tensions abate but election wall is coming up

The rupee has rebounded about 2% since early February, and is no longer the worst performer this year among Asia's emerging market currencies.
farmers

Rupiah will beat rupee in battle of high-yielders, Goldman says

India faces a less predictable outcome at its general elections this year compared to Indonesia.
Indian currency

RBI is unlikely to change interest rate in monetary review on 5 December

Since the previous policy announcement, the rupee has appreciated against the US dollar and moved above the crucial mark of 70.
Rupee

Modi should thank Trump & oil prices for rupee recovery

The reprieve couldn’t have come at a better time for Modi as the opposition has used rupee’s depreciation to criticise his economic management.
RBI Headquarters in Mumbai | Punit Paranjpe/AFP/Getty Images

Urjit Patel won the first round in RBI vs Centre, but the war isn’t over

The timing of RBI deputy governor Viral Acharya’s scathing speech was impeccable.
CBI

No end to the CBI’s woes, and King Kohli breaches another landmark

The best cartoons of the day, chosen by editors at ThePrint.
Indian rupee

Rupee to nosedive on rising oil prices & political uncertainty, says forecaster

With India importing 80 per cent of its oil needs, the rupee's weakness is also a reflection of the country's vulnerability to higher crude prices.
RBI

India’s forex reserves post biggest weekly fall since 2011 to well below $400 billion

Forex reserves fell to $394.47 billion as the Reserve Bank of India sold dollars to shore up the sinking rupee.
A man looks up at an electronic ticker board that indicates stock figures at the Bombay Stock Exchange (BSE)

Ahead of earnings season, stock market rebounds from a 6-month low

After Sensex dropped to 23.4 Tuesday, some investors judged the selloff as excessive which rebounded Indian stocks. Mumbai: Indian stocks rebounded as some investors judged the recent selloff as excessive after the benchmark index closed at a six-month low Tuesday. The S&P BSE Sensex rose 1.4 percent to 34,760.89 at close in Mumbai after a technical indicator yesterday fell below a level that some investors see as a signal to buy shares. Seventeen of 19 sector sub-indexes compiled by BSE Ltd. advanced, led by a gauge of real estate and consumer durables shares. Zee Entertainment Enterprises Ltd. reported net income for the second quarter that was 3.5 percent below the average analyst estimate. “Indian stocks are rebounding from an oversold zone,” Soumen Chatterjee, head of research at Guiness Securities Ltd., said by phone. “Markets will continue to be volatile in the coming days and will offer great long-term buying opportunities.” The Sensex’s relative...

On Camera

Kanshiram (centre) along with the other founding members of BAMCEF in the 1970s | Facebook

Kanshi Ram matters in 2019 polls and why some think he deserves a Bharat Ratna

Kanshi Ram promised the lower castes that if they can organise themselves into a grand voting bloc, they will become the ruler of this country.
anil ambani

Anil Ambani pays up: Defaulting tycoons can no longer game the system or is it a one-off?

Anil Ambani Tuesday escaped a three-month prison term after his elder brother Mukesh Ambani agreed to repay money Reliance Communications owed to Ericsson’s local unit.

Defence

Mi-25 gunships | YouTube

Chopper delivery from India to Afghanistan delayed by a year, now likely in June

Questions are, however, being raised in Afghanistan on whether India will be able to deliver the Mi-25 gunship choppers as it heads into elections & amid tension with Pakistan.
Illustration by Soham Sen | ThePrint

China humiliated India because of these 5 fatal follies of Modi Doctrine

India looks less equal to China than 5 years ago, US alliance is hobbled by trade, and Pakistan looks anything but chastened by Balakot. What’s gone wrong?