The Indian rupee is at a critical point, falling past 93 against the US dollar. Crude oil prices and foreign investor outflows are pressuring the currency. Geopolitical risks, especially concerning the Strait of Hormuz, are a major factor. The Reserve Bank of India is intervening to manage volatility. The rupee’s future direction depends on easing energy prices and global stability.
Purchase of bad loans by ARCs rises 56% in Q1
Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six percent increase from the previous year’s
August 10, 2026