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India's Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has triggered a severe energy shock, driving the Indian rupee to record lows beyond 95 per U.S. dollar and pushing 10-year government bond yields to nearly 7.14% -- their highest point in almost two years. After delivering 125 basis points in cumulative rate cuts throughout 2025, th ...Read More >
Former Union Minister and Congress leader Anand Sharma on Thursday (April 2, 2026) appreciated India's diplomatic and skilful handling of the West Asia crisis and urged it to be the leader of the Global South in de-escalating the hostilities in the region. In a statement, Mr. Sharma said the international community could not remain a "mute spectator" to the collapse of the rules-based multilateral order and global crisis-management mechanisms. "Indian diplomatic handling of the crisis has been ...Read More >
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