During the election campaign until May 4, the government ordered public sector oil marketing companies (OMCs) to sell petroleum products at pre-Iran war prices to hide looming economic trouble, according to a…
The fundamental anxiety behind India's current economic problems is not gold, oil, or the rupee, but the fear that the global economy is reorganising around artificial intelligence (AI)-driven productivity. This shift threatens…
The government has amended the Foreign Trade Policy to let exporters invoice overseas sales and receive payments in Indian rupees, aligning rules with RBI regulations issued in 2023. For countries outside the…
The rupee opened 17 paise higher at 95.56 against the US dollar on Thursday (August 20, 2026) on a weaker dollar index after the US Treasury announced it would double buyback operations…
Overseas travel spending by Indians fell by $212.43 million to $1.09 billion in March from $1.3 billion in February, according to Reserve Bank of India data on outward remittances under the Liberalised…
BMW India's pre-owned car sales surged 54 per cent year-on-year in the first half of 2026, as repeated price hikes on new luxury vehicles push buyers towards certified used cars. Mercedes-Benz India's…
Business Today reports that the Reserve Bank of India's decision to close the FCNR(B) deposit swap window earlier than expected has left banks scrambling and renewed concerns about policy communication. Markets reacted…
The rupee depreciated 7 paise to close at 95.68 against the U.S. dollar on Tuesday, weighed down by elevated crude oil prices and lingering geopolitical tensions in West Asia. Brent crude traded…
India's current account deficit (CAD) could widen in FY27, but strong capital inflows are expected to support the rupee and keep the balance of payments (BoP) in surplus of nearly $50 billion,…
The rupee depreciated 19 paise to close at 95.61 against the US dollar on Monday, pressured by weak domestic equity markets and a surge in crude oil prices. The Reserve Bank of…
