Why the Government’s Getting Jittery About Dollars Leaving India
The latest RBI numbers the other day and thought, “Arre, this is serious stuff that affects all of us.” India’s Balance of Payments has landed in a deficit of $30.8 billion for the whole of 2025-26. That’s not pocket change – it means way more money flowed out of the country than came in, through […]
Rupee Falls Below 90 for the First Time Ever – and It Hurts Mumbai, 3 December 2025
Yesterday the Indian rupee did something it has never done in 78 years of independence: it closed weaker than 90 against the US dollar. The final number on the screen was 90.23 – a drop of 32 paise in a single day, and almost 4 rupees weaker than where it stood just three months ago. […]
