The agency flagged that while some Asia-Pacific economies are cushioned by sizeable strategic reserves, India depends more on administrative measures to shield consumers, making it vulnerable to sustained spikes in global energy prices.
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The Indian rupee has reached a historic low against the US dollar. This decline is driven by escalating Middle East conflict and concerns over disrupted energy supplies. Asian currencies are also experiencing a downturn. The ongoing crisis has significantly boosted…
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At 12:28 pm, the Sensex was down 1,930 points at 72,601, while the Nifty 50 slipped to 22,494. The sharp selloff wiped off nearly Rs 13 lakh crore from the total markcapitalisation of all BSE-listed companies, bringing it down to…
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India’s insurance sector is set for a major accounting change from April 2026. Companies will adopt Indian Accounting Standards, aligning with global practices. This shift will alter how profits and liabilities are reported. Insurers are investing heavily in technology and…
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Vedanta Group has approached the National Company Law Appellate Tribunal. They are challenging the National Company Law Tribunal’s approval of Adani Group’s bid for Jaiprakash Associates Ltd. The Adani bid was approved for Rs 14,535 crore. Vedanta was also a…
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Around 40 countries, including India and Turkiye, have voiced concerns at the WTO regarding a China-backed Investment Facilitation for Development (IFD) proposal. Proponents aim for a deal at MC14, but critics worry about constrained policy flexibility and the absence of…
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