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The US-Iran conflict’s escalation in Feb 2026 put the Indian rupee under sharp pressure-it declined 4% and breached the 95 mark against the dollar. Usually RBI tackles volatility by selling dollars, but this time it cracked down on what it described as ‘excessive speculaton’-bets against the rupee in India and abroad, and took measures to…

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Thousands of Indian professionals working in Britain through Indian employers will stop paying dual social security contributions from July 15, with officials estimating that 90-95% of such workers will benefit from the India-UK social security pact coming into force alongside the free trade agreement.The Agreement on Social Security, or Double Contribution Convention (DCC), is expected…

MUMBAI: Credit card spending slowed in Nov 2025 across India as festive demand faded after Diwali and Dussehra, with transaction values and volumes easing month-on-month once seasonal shopping normalised.Total credit card spends fell to around Rs 1.9 lakh crore in Nov, down 11.9% from Rs 2.1 lakh crore in Oct, data released this week showed….