Rupee
Geopolitics
Macro
India’s $50B Gulf Remittance Lifeline Breaks as Conflict Forces Mass Exodus
As 220,000 workers flee and regional economies contract, the cascading shock to remittance-dependent states exposes a transmission channel distinct from energy prices.
Macro
Markets
India Burns $11.7bn in Forex Reserves in One Week as Iran War Drains Currency Defense
RBI's steepest reserve decline since November 2024 exposes the cost of defending the rupee against geopolitical shocks—and signals broader emerging-market vulnerability.