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The Indian rupee, once one of Asia’s most volatile currencies, has become one of its most stable over the past decade. This remarkable turnaround highlights India’s growing economic influence and the central bank’s strategic interventions to manage currency fluctuations. The timing of this stability is crucial as Indian bonds are set to join a significant
Adani Enterprises Ltd. (ADEL.NS), the flagship company of India’s Adani Group, announced on Tuesday that its board has approved a plan to raise up to 166 billion rupees ($2 billion). This capital will be raised through the issuance of shares or other securities via qualified institutional placements or any other permissible method, as per an
Summary: Prime Minister Narendra Modi faces allegations of exploiting religious divisions for electoral gain as he contests for a historic third term. The Election Commission investigates claims by the opposition regarding his campaign statements. In New Delhi, as India’s monumental seven-phase election unfolds, Prime Minister Narendra Modi filed his nomination on May 14, aiming for
