Standard Plan
The Reserve Bank of India intervened in the foreign-exchange market before trading began on 24 November 2025 as the rupee was weakening rapidly. The currency had fallen past ₹88.80 in earlier sessions and was showing momentum towards ₹89.50–₹90 per US dollar. A move beyond ₹90 would have created panic, speculative trading and additional volatility. One-liner: […]
Standard Plan
The Defence Acquisition Council (DAC) chaired by the Defence Minister has cleared procurement proposals worth around ₹79,000 crore for the Indian Army, Navy and Air Force to enhance operational capabilities. Revision one-liner: DAC approves defence procurements worth ₹79,000 crore across all three services. This marks a major step in strengthening India’s military