Daily brief
Prime Minister Modi renewed his call for austerity, labeling the forex crisis the 'biggest crisis of this decade', as India's fuel price freeze costs state retailers billions and the rupee sinks to a record low on oil shock and outflow strain, with the central bank likely stepping in.
India mulls a fuel price hike to save forex reserves amid the oil shock.
India speeds up withdrawal of gold reserves from abroad.
An Indian firm launches a germanium-free EO/IR sensor.
India hosts the Kimberley Process Intersessional Meeting 2026 in Mumbai, focusing on ethical diamond trade.
by WorldBrief & Maksim Micheliov | AI-generated summary