The rupee’s recent decline against the US dollar might be due to strategic moves by the Reserve Bank of India to boost export competitiveness. The RBI is believed to have intervened to address the rupee’s overvaluation, reflected in a high REER. The interventions appear to have reduced the REER, making Indian exports more competitive.
Insurers plan performance-linked battery cover as EVs gain traction
Insurers are adapting motor insurance for electric vehicles (EVs) to address battery-related risks, a major EV cost component. Performance-linked battery failure coverage is being developed,
September 23, 2025