The Indian rupee has been battered since the start of the US-Iran war, and continues to depreciate versus the US dollar driven by a multitude of factors. (AI image) The Indian rupee on Monday breached the 95 mark for the first time versus the US dollar. In fact, in this financial year, the rupee has…

India has reportedly turned down Russia’s offer to sell liquefied natural gas (LNG) cargoes that are under US sanctions, despite rising energy concerns linked to tensions in the Middle East.The decision has left at least one Russia-linked LNG shipment stranded near Singapore while discussions continue over what supplies India can legally purchase.According to a Reuters…

The government has imposed restrictions on silver imports, according to an official order issued on Saturday, as authorities continue efforts to regulate bullion inflows and reduce pressure on the country’s external sector.In a notification, the Directorate General of Foreign Trade said the import policy for silver, including silver alloys with gold and platinum, has been…