Anand Mahindra has been reappointed to the Reserve Bank of India’s central board. Former ISRO Chairman S Somanath also joins the board for a four-year term. Their appointments are effective from August 20, 2026, according to the RBI. Mahindra’s reappointment ensures continuity and brings diverse business experience. Somanath’s technological expertise will aid the central bank’s digital focus.
Dollar wobbles as investors balk at US Treasury’s rescue efforts
The dollar faced a decline on Friday, ending the week lower amid investor worries. Concerns arose over the U.S. Treasury’s bond buyback, which many viewed