The widespre ad misconception that the Reserve Bank of India’s (RBI) “intervention” (selling dollars), in India’s inter-bank “foreign exchange” (forex) market, by itself, depletes India’s dollar reserves, needs to be cleared.
Speaking as the co-chair at the Arria-formula meeting of the Security Council on ‘Bridging the Implementation Gap: Security Council Resolutions and the Maintenance of International Peace and Security,’ Pakistan’s permanent member to the UN, Asim Iftikhar Ahmad, raised Kashmir as expected.
The controversy surrounding alleged irregularities in donations to the Ram Janmabhoomi temple is no longer merely about missing cash or precious metals.
The devastation caused by Venezuela’s twin earthquakes will ultimately be measured not only by the number of lives lost, but by what the disaster reveals about the strength ~ or weakness ~ of the institutions expected to protect citizens when catastrophe strikes.
In May 1826, a seventeen-year-old youth, Henry Louis Vivian Derozio, joined the ten-year-old Hindu College as a teacher and revolutionised the character of the institution.
Amidst the waves of economic optimism, the Reserve Bank of India (RBI) finds itself anchored by concerns over inflation, specifically the looming spectre of food price pressures.
As Russia stands at the threshold of President Vladimir Putin’s re-election bid, it grapples with a nuanced economic narrative marked by both resilience and challenges.
Amid geopolitical stress in the Northeast Asian region, some recent developments show signs of some optimism that the faultlines can be plugged if sincere efforts are made by the stakeholders.
At the heart of the matter is the quest for stability in global oil markets.
But the applause might not yet be warranted. The deal itself leaves much undecided and has been met with criticism by climate justice advocates and front-line communities.
