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OrangeNews9

Economic Illiteracy is Driving the Rupee Narrative

Our Business Desk The viral claim that the Indian Rupee has fallen against the Pakistani, Bangladeshi, and Sri Lankan currencies is mathematically correct — but economically misleading. Currencies cannot be judged in isolation or through short-term bilateral movements alone. Macro-economics doesn’t work like a cricket scoreboard. Yes, the Indian Rupee has weakened marginally against the…

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OrangeNews9

56 killed as storm, rain batter UP

Lucknow:  At least 56 people were killed after a strong storm and heavy rain uprooted trees and damaged houses across several districts of Uttar Pradesh, officials said on Thursday. Chief Minister Yogi Adityanath took cognisance of the loss of lives and damage caused by unseasonal rain, thunderstorms and lightning on Wednesday and directed officials to…

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OrangeNews9

Ex-Army chief Naravane backs RSS leader’s remarks on dialogue with Pakistan

Mumbai:  Former Army Chief General (retd) Manoj Naravane has supported RSS leader Dattatreya Hosabale’s stand for fostering dialogue and people-to-people connections with neighbouring Pakistan, saying that such engagements are “important”. The former Army Chief said that the fundamental struggles of the “common man”, specifically the basic needs of “roti, kapda, and makan” (food, clothing, and…

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OrangeNews9

India bans sugar exports till Sept 30

New Delhi:  India has banned the export of sugar till September 30 this year, according to a government notification. The notification issued by the Directorate General of Foreign Trade (DGFT) on May 13 said this order does not apply to sugar being exported to the European Union and the US under the tariff rate quota…

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OrangeNews9

Iran Foreign Minister Araghchi begins 3-day India visit

New Delhi:  Iranian Foreign Minister Abbas Araghchi began a three-day official visit to India on Wednesday, marking the first high-level diplomatic engagement from Tehran since the outbreak of the US-Israel war with Iran more than two months ago. Araghchi is visiting India primarily to attend a two-day meeting of BRICS foreign ministers beginning Thursday. The…

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OrangeNews9

Jaishankar holds talks with Russia’s Lavrov; trade, geopolitics top agenda

New Delhi:  External Affairs Minister S Jaishankar and Russian Foreign Minister Sergey Lavrov held “productive” talks on Wednesday to advance bilateral cooperation in energy and trade amid shifting geopolitical tensions. Jaishankar met Lavrov shortly after the Russian foreign minister landed in New Delhi to attend a two-day conclave of the BRICS member states beginning Thursday….

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