With the rupee recently weakening past Rs. 70 to a dollar and hovering about that level since, concerns over the impact of the devaluation on economic indicators are intensifying. Here is what happens when the rupee falls: What happens to inflation? One of the first visible effects of currency depreciation …

India’s current account deficit (CAD) will widen to 2.5% of the GDP in the current fiscal due to the higher oil prices that has been accentuated by rupee depreciation, Moody’s and other experts said. The rupee last week slid to a record low of 70.32 to a U.S. dollar as …

India’s economic growth seems to be back on a recovery path and the country will be on a firm 7.5%-plus growth track this fiscal, former Chief Economic Adviser (CEA) Arvind Virmani said on Sunday. He further said the U.S.-China tariff war provides an opportunity to increase India’s exports to the …

Afghan President Ashraf Ghani declared a provisional three-month ceasefire with the Taliban in a televised broadcast on Sunday, but said the truce would hold only if the insurgents reciprocated. The announcement followed a bloody week of fighting across Afghanistan which saw the Taliban launch a massive assault against the provincial …

Among other things, the 19th Amendment to Sri Lanka’s Constitution, passed three months after Mr. Rajapaksa was unseated in January 2015, revived a clause in the 1978 Constitution that said: “No person who has been twice elected to the office of President by the People, shall be qualified thereafter to …

The Centre has released 50,000 metric tonnes of rice and wheat to help Kerala tackle the flood situation, with a promise to release additional quantities soon. It has also made arrangements to airlift 100 metric tonnes of pulses by Monday with additional quantities to be sent by train. An official …

Kerala Chief Minister Pinarayi Vijayan said on Sunday that six health officers would be deployed in each panchayat to ensure that there was no outbreak of communicable diseases as the flood waters receded and the focus shifted to relief and rehabiliation. The State government would distribute 36 lakh textbooks free …

A recent map published by the Central Pollution Control Board (CPCB) has revealed that water in nearly a dozen major stretches of the Ganga in West Bengal is so polluted that it is even unfit for bathing. The development comes at a time when the Centre has claimed that the …

The Advanced Medium Combat Aircraft (AMCA), India’s next indigenous fighter, is expected to make its first flight by 2032. Development work on the jet is under way. “The AMCA will feature geometric stealth and will initially fly with two GE-414 engines. Once we develop our own engine, it can be …

The Indian Institutes of Technology need to hire regular foreign faculty to break into top global rankings, IIT Delhi Director V. Ramgopal Rao says. In an interview with The Hindu , Professor Rao underlined the need for the brightest minds to pursue research rather than land a finance job or …