India inflation stayed below RBI's 4% target last year on falling vegetable prices. Economists now see it at above 5% this fiscal, beating the RBI’s 4.6% forecast.
This is the transcript of Ep 1830 of Cut the Clutter, where Shekhar Gupta explains why strategic petroleum reserves are a national necessity & how India compares with China, US & Japan.
Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.
India did not choose to move away from Iran for oil; it was forced to. The fact that India managed the costs of this transition efficiently does not convert them into gains.
Shipowners with vessels in the Persian Gulf have been on edge in recent days, with Wednesday’s altercation marking the second round of attacks in less than a week.
India faces acute pressure with LPG shortages and dwindling Russian cargoes, while China taps reserves as Hormuz disruptions cut global supply by about 10%.
IRGC said it intercepted what it described as “violating” vessels and directed them toward the Iranian coast. Among them was Liberia-flagged Epaminondas, bound for Mundra Port.
In Berlin, defence minister hails PM Modi's 'balanced approach'. Despite blockade, India has stood out as one of the countries with most ships to have navigated Strait of Hormuz.
From the buffalo herders who built one of the world’s greatest medieval ports to academics translating Sanskrit works, here is one part of the history of Indians in the Arab world.
By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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