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MUMBAI: Increased opportunities to hedge foreign exchange risk and longer trading hours are at the heart of a proposed overhaul by RBI to liberalise access to currency markets.The draft framework broadens the different types of derivatives that banks (authorised dealers) may offer to individuals and firms, extending hedging tools for currency and interest-rate exposures. Trades…
File photo: Defense minister Rajnath Singh (Picture credit: PTI) NEW DELHI: Defense minister Rajnath Singh on Tuesday said Operation Sindoor had sent a clear signal that India responds firmly when pushed, drawing a parallel between the government’s action against terrorism and the decisive leadership of Sardar Vallabhbhai Patel. Speaking at the ‘Sardar Sabha’ in Vadodara’s…
Nooruddin Azizi (File photo) Afghanistan’s Taliban government on Wednesday said that it is seeking alternative trade routes through Central Asia as border closures with Pakistan continue to cripple commerce and worsen economic losses.Acting commerce minister Nooruddin Azizi said that the country is losing nearly $200 million every month due to the shutdown of key crossings…
Kerala chief minister Pinarayi Vijayan condemned his Assam counterpart Himanta Biswa Sarma’s “point-blank” video, terming it “communal hate mongering”. However, it was only weeks ago when he himself remained at the center of a controversy for supporting a communal statement in his state.Kerala’s Left has, for decades, projected itself as an ideological outlier in Indian…
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NEW DELHI: The Indian economy enters 2026 under the shadow of global trade tensions and geopolitical shifts but swift reform measures have laid the foundation for it to weather the global challenges on the back of robust growth. The nearly $4-trillion economy has managed to navigate the global storm deftly with growth now expected to…
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