The Financial Times article linked here is behind an access restriction, and its headline and full text were not available for reliable review while preparing this post. Rather than invent the story or attribute claims to the publication without seeing them, this article explains why the specific report needs to be identified before its implications can be analysed accurately. Financial Times rep…
The Indian rupee has once again moved close to a psychologically important level against the US dollar, and the latest weakness is not being driven by one isolated event. It is the result of several forces operating at the same time: elevated crude oil prices, stronger demand for dollars from Indian importers, rising US Treasury yields, expectations of tighter US monetary policy, global geopoliti…
India's Unified Payments Interface has become so deeply embedded in everyday life that paying through a QR code often feels less like a financial transaction and more like a routine gesture. A customer buys groceries, pays a restaurant bill, books a service, transfers money to a family member or settles an online purchase, and the payment happens within seconds. For millions of Indians, the most …
