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THIS AFTERNOON: International banks join FX deposit race as INR nears another record low
Plus: Adani case shouldn’t have been America’s fight, says DoJ
Fuel austerity and import curbs: India scrambles to stem the Iran war fallout
From mandating virtual meetings at state banks to electrifying commercial transit, India is rolling out sweeping measures to reduce diesel…
Indian refiners pivot away from the greenback to settle Russian oil trades
Buyers are setting up alternative payment channels in AED and CNY to bypass sanctions, but the USD remains the ultimate…
India’s CAD stands to triple if crude prices stay elevated, report says
India’s macro stability is facing renewed energy strain as energy shocks, remittance dependence, and near-zero FDI inflows converge to pressure…
THIS AFTERNOON: Energy infrastructure targeted over the Eid break
Plus: L&T fails to assuage investors over its Middle East exposure
Oyo secures shareholder approval for IPO; RBI steps in to ease INR forward-market stress
Plus: IndiGo taps Qatar and Turkey for wet-leased aircraft amid domestic capacity constraints
Rupee hits record low; Gulf SWF backed Reliance firm planning IPO
Plus: Government withdraws mandatory cybersecurity app directive + IndiGo faces third straight day of flight disruptions