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.
The US Federal Reserve’s decision to maintain interest rates between 5.25 and 5.50 per cent has left the financial world in a state of uncertainty.
The global oil market, that has been on a rollercoaster ride since the October 7 Hamas attack on Israel, experienced a second consecutive week of decline in prices.
There remained an uneasy peace between Israel and Palestine despite the peace accord facilitated by the US in the past but the acrimony never disappeared. Then on 7 October, without warning, Gaza’s militant Hamas rulers attacked Israel by air, land and sea, forcing millions of Israelis to run helter-shelter for safety.
Forced repatriation of North Korean defectors poses a severe risk of a humanitarian catastrophe because they could be executed or die from torture
India, the world’s largest rice exporter, has long been a reliable source of this essential staple for many nations across Asia and Africa.
