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India has secured $136.38 billion in foreign currency inflows through special schemes, far exceeding expectations and giving the Reserve Bank of India greater firepower to support the rupee amid global economic pressures.
A large crowd gathered in Delhi for the ‘Reservation Hatao Andolan’, with Rapid Action Force and Delhi Police deployed as protesters remained at Jantar Mantar beyond the permitted time. Several protesters were reportedly detained.
Union Minister JP Nadda met a delegation of reservation-reform activists after the August 21 Jantar Mantar protest. Activist Ajeet Bharti criticised the meeting, alleging that the government's outreach failed to address the movement's core demands.
The NIA has arrested PNB manager Amit Kumar in the ₹17.29 crore fake currency case in Saharanpur. Investigators are tracing the cash trail and possible Nepal links.
The US Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%-4.00% on September 16, its first rate increase under Chair Kevin Warsh. Policymakers signalled that another hike could follow as inflation remains above the Fed’s 2% target.
Agricultural cooperatives in 16 Japanese prefectures have cut advance rice payments by 20% to 40% on average as higher prices, imports and increased supply weaken demand.
The US Department of Homeland Security has proposed a new $103,265 fee for certain cap-subject H-1B petitions, a move that could significantly increase the cost for employers seeking to hire foreign skilled workers.
Decorated former IAF Group Captain Abhinandan Varthaman, who rose to prominence after the 2019 India-Pakistan aerial confrontation, has reportedly joined Goa-based regional airline FLY91 as a pilot.
Commerce and Industry Minister Piyush Goyal has criticised the Opposition for questioning India’s latest GDP figures, insisting that the economy’s 7.8% growth in the April-June quarter reflects genuine economic resilience.
European gas prices have climbed to their highest level since early 2023 as renewed US-Iran fighting adds fresh pressure to LNG supplies and raises concerns over Europe’s energy security ahead of winter.
US Army Secretary Dan Driscoll has resigned after around 18 months in the position, amid reported tensions with Defence Secretary Pete Hegseth. His departure adds to a series of senior military leadership changes under the Trump administration.
