No material concerns, HDFC Bank has sound financials: RBI

No material concerns, HDFC Bank has sound financials: RBI

The RBI confirmed that the bank is well-capitalised, has sufficient liquidity, and continues to be managed by a professional board and competent leadership. It also approved a temporary transition arrangement, appointing Keki Mistry as interim part-time chairman for three months starting March 19. Mar 19, 2026
India and Japan: A Stabilising Axis for the Indo-Pacific

India and Japan: A Stabilising Axis for the Indo-Pacific

As the region grapples with a worsening strategic environment, deeper India-Japan maritime cooperation under FOIP could serve as a powerful and increasingly necessary stabilising force, writes Samir Puri, visiting lecturer in war studies at King's College London. Mar 19, 2026
crude oil

Tankers reroute from China to India amid spike in Russian oil purchases

India has sharply increased its purchases of Russian oil, prompting several tankers initially bound for China to divert to Indian ports. The Aframax tanker Aqua Titan, carrying Urals crude, will arrive at New Mangalore on March 21 after turning around mid-journey from Rizhao. Mar 18, 2026
US‑Iran‑Israel war: Rupee hits record low of ₹92.18 against US dollar amid surging oil prices and geopolitical tensions

Rupee hits record low of 92.63 amid firm dollar, import pressures

The Indian rupee weakened to a record low of 92.63 against the US dollar, surpassing its previous all-time low amid ongoing Middle East tensions. Elevated oil prices driven by the conflict have increased import costs, triggered capital outflows, and heightened macroeconomic risks for India Mar 18, 2026