Under the current schedule, Vi needs to pay more than ₹18,000 crore next March as the first instalment after the end of a moratorium on AGR payments the government had given to telcos in 2021. This was not interest-free, resulting in the arrears increasing every year.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting