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19.10.26 - 17:30
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India shelves coal import plan as high global prices, weak rupee raise costs (Times of India)
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India has decided not to mandate coal imports for power plants due to high international prices and a weaker rupee. Coal stockpiles have reached critically low levels at many power stations, prompting concerns about electricity shortages in the country. Policymakers are focusing on boosting domestic coal production and improving transportation to mitigate the situation....
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19.10.26 - 07:42
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Rupee rises to 94.80 against US dollar, but crude oil threatens recovery (Times of India)
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Rupee opened the week strong, gaining 9 paise to reach 94.80 against the US dollar. This improvement marked the currency's third consecutive session of recovery, following a previous close of 94.89. However, high crude oil prices continue to pose significant risks to the rupee's gains, as oil is trading around $107.79 per barrel. Domestic equities, meanwhile, faced pressure with BSE Sensex dropping over 470 points....
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15.10.26 - 20:01
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India′s current account deficit narrows to $5.2 billion in August, RBI data shows (Times of India)
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India's overall balance of payments showed a surplus of $45.4 billion in August 2026. This significant surplus is attributed to an increase in foreign currency inflows, especially from non-resident Indian deposits. The current account deficit also narrowed slightly to $5.2 billion during the same month. Foreign direct investment improved, with net inflows of $3.3 billion recorded....
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