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RESERVATIONS
Madras HC says converts to Islam cannot claim backward class Muslim statusThe Madras High Court has declared unconstitutional a Tamil Nadu government order that allowed converts to Islam to claim backward class st...- India's forex reserves up by $963 million to $672.58 billion as of June 19India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June 19, 2026, as per RBI data. This ro...
- Karnataka restores full jungle safari at Bandipur, Nagarahole tiger reservesJungle safaris are back at Bandipur and Nagarahole tiger reserves following the state government's approval of a technical committee's repo...
- Yen wobbles near 40-year low as dollar pauses for breathThe yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federa...
- Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
- Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
- 'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
- RBI proposes to further enhance money market participation, liquidityThe Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to s...
- US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
- Rupee bounces from day's low on RBI supportThe Indian rupee saw a slight recovery on Wednesday, closing at 94.66 against the dollar after touching an intraday low. State-run banks in...
- Dollar hits 13-month high as rate-hike bets, stock rout boost demandThe US dollar has hit a 13-month peak, fueled by a selloff in tech stocks and growing expectations for interest rate hikes from the Federal...
- Rupee cushioned by central bank hand even as dollar strength dents Asia FXThe Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening doll...
- Japan's Nikkei falls on Fed rate-hike bets, tech valuation concernsThe Nikkei index in Japan fell for a consecutive second day amid worries about potential interest rate increases by the US Federal Reserve ...
- Dollar hits one-year high on Fed hike bets; yen nears 40-year lowThe US dollar surged to a year-high on Tuesday, driven by expectations of a more aggressive Federal Reserve and ongoing Middle East uncerta...
- US Stock Market: Warsh to face lawmakers in key semiannual policy testimony on July 14Federal Reserve Chair Kevin Warsh is set to deliver his inaugural semiannual monetary policy address to Congress on July 14. This crucial a...
- RBI sold net $8.9 billion in April, gold holdings unchangedThe Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee fr...
- Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
- Govt near-finalises constitutional amendment to operationalise women's reservation via seat expansionThe government is nearing finalization of a constitutional amendment to implement women's reservation by expanding Lok Sabha and assembly s...
- Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
- India’s forex reserves fall $9.99 billion to $671.63 billion as of June 12India's foreign exchange reserves saw a dip of nearly $10 billion to $671.63 billion in the week ending June 12, 2026. This decline was pri...
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