Nearly eight years after the Indian government announced the demonetisation of ₹500 and ₹1,000 currency notes, the policy remains one of the most debated economic decisions in the country’s history. On November 8, 2016, the government declared that the two high value currency notes w...
The India-United Kingdom Free Trade Agreement (FTA), one of the most significant trade deals negotiated by India in recent years, is now set to come into force after both countries resolved a major dispute over British steel safeguard measures. The development follows high level discussion...
A series of recent developments involving Indian export consignments has reignited debate over the country’s quality control systems and preparedness to meet increasingly stringent global standards. China has temporarily suspended three Indian chilli exporters after detecting excessi...
The Reserve Bank of India (RBI) has revised its economic projections for the current financial year, raising its inflation forecast while lowering growth expectations, signaling a more challenging period ahead for the Indian economy. In its latest monetary policy review, the RBI increased ...
Prime Minister Narendra Modi has warned that the ongoing crisis in West Asia could push millions of people around the world back into poverty if the situation continues to worsen. Speaking during recent public addresses and government meetings, Modi described the current decade as a “Decad...
For millions of people around the world, owning a house is no longer just a financial goal it is becoming an increasingly difficult dream. From major cities in India to the United States, Europe, the Middle East and Asia, property prices are rising much faster than salaries, leaving ordina...
For decades, the global oil market has operated on a system that strengthened the power of the United States and the U.S. dollar. Most countries buying oil from the Middle East and other major producers have traditionally paid in U.S. dollars, creating what economists commonly describe as ...
In a significant development in global economic discussions, member nations of BRICS are increasingly focusing on reducing their reliance on the U.S. dollar for international trade. Recent meetings within the bloc have highlighted a growing interest in using local currencies including Chin...
The Indian rupee plunged to a historic low, closing at ₹95.23 against the US dollar, down 39 paise in today’s trading session. This marks the weakest level ever recorded for the domestic currency, raising concerns over inflation and economic stability. What Happened? The rupee weakened sha...
Global finance continues to be shaped by the dominance of the US dollar and the international banking network known as SWIFT, sparking ongoing debate about economic Power, Sanctions and Alternative systems such as cryptocurrencies. The US dollar remains the world’s primary reserve and trad...
