Shailendra Tyagi
The ruling has pushed the euro’s value higher against major currencies
The rupee is Asia’s worst performer this year, having tumbled by 15 per cent. There are domestic reasons for it too
Apart from soaring domestic interest rates, the Centre’s searing fiscal deficit, and high inflation coupled with lower growth, there is another threat to the Indian economy.
Local currencies are often seen as a frivolity, but several communities in America are dead serious about their do-gooder potential in a fast globalising world