Indian Rupee remains steady as investors anticipate July’s CPI data for India and the US

The Indian rupee has dropped to nearly 87.90 against the US dollar as inflation in India rose moderately in July. India’s retail inflation rate increased to 1.55% year-on-year, marking the lowest level seen in eight years. The US and China have both consented to extend their 90-day tariff ceasefire. On Tuesday, during the latter part […]
Old Indian seashell method may aid in treating sleep apnea: research

New Approach to Sleep Apnea It’s quite surprising, really. Nearly 54 million adults across the United States are estimated to suffer from obstructive sleep apnea (OSA). This condition occurs when throat muscles relax and periodically block the airways, disrupting sleep and often leading to loud snoring. But it doesn’t stop there. OSA can increase one’s […]
Indian Oil Refineries Halt Russian Buys as Trump Tariffs Approach

India Halts Purchases of Russian Oil Amid Pressure State-owned oil refineries in India reportedly stopped buying Russian oil last week following warnings from President Donald Trump and NATO Secretary-General Mark Latte. They cautioned that clients of Russian oil might face secondary sanctions aimed at supporting the war in Ukraine. Latte openly addressed leaders from India, […]
Indian cryptocurrency exchange CoinDCX breached, $44 million stolen

CoindCX Hacked, Loses $44 Million On Friday, India’s cryptocurrency exchange, CoindCX, experienced a significant security breach, resulting in a loss of $44 million. The hack was carried out by violating one of CoindCX’s internal accounts connected to “liquidity regulations” through a server compromise. Fortunately, user funds remained untouched, as stated by CoindCX CEO Sumit Gupta. […]
Sinaloa Cartel Provided Fentanyl and Meth to Canadian Gangsters and Indian Groups

Authorities in Arizona have uncovered a Canadian gang network linked to crime syndicates in Arizona, India, and the Middle East, revealing just one of the many operations used by the Sinaloa Cartel to traffic drugs from Mexico to the US, and then to Canada and beyond. Federal agents in Arizona have arrested Opinder Singh Sian […]
Legal and illegal immigration: An Indian American’s perspective on citizenship

Reflections on the American Dream and Immigration I was born in India but grew up in the United States. My father, who was a dedicated naval officer back home, made a significant sacrifice by leaving everything behind for the chance at the American dream. With just $80 in his pocket, he brought my mother, my […]
The Weakened US Dollar Compared to the Euro, Yen, Canadian Dollar, Dollar Indices, and Softer Currencies such as the Indian Rupee

It’s no longer the cleanest, dirty shirt. Wolf Richter on Wolf Street. The US dollar has dipped against the euro, with the exchange rate now at US$1.16 for 1 euro. This marks the dollar’s lowest point against the euro since November of 2021. Back in early January, there were discussions about the euro depreciating against […]
USD/INR remains close to the day’s low as falling oil prices boost the Indian Rupee.

The Indian Rupee Nears 86.10 Against the US Dollar Amid Oil Price Fluctuations Following Ceasefire The Indian rupee is approaching 86.10 against the US dollar, reflecting a roughly 0.75% decline. Investor risk appetite has noticeably diminished the strength of the US dollar. Fed’s Bowman expressed support for potential interest rate cuts at the upcoming policy […]
I wouldn’t be able to make ‘Slumdog Millionaire’ today and would hire a young Indian director to prevent cultural appropriation.

Danny Boyle on Slumdog Millionaire’s Future British filmmaker Danny Boyle recently announced that he will not be directing a new version of Slumdog Millionaire. Instead, he plans to seek out a young Indian filmmaker for the project. Boyle, who has enjoyed significant success throughout his career, has an estimated net worth of around $60 million. […]
Sikhs in Canada Angry Over Indian Prime Minister’s G7 Summit Invitation

Outcry from Canadian Sikhs over Modi’s G7 Invitation Canadian Sikhs expressed their anger towards Prime Minister Mark Carney for inviting India’s Prime Minister Narendra Modi to the G7 summit in Alberta this weekend. This comes after Carney’s predecessor, Justin Trudeau, openly criticized Modi’s administration following the assassination of Hardeep Singh Nijjar, a prominent Sikh separatist […]