Forex kitty: India’s reserves rise $1.68 billion to $688.94 billion; gold and FX assets up

India’s foreign exchange reserves rose by $1.689 billion to $688.949 billion in the week ended December 12, data released by the Reserve Bank of India showed on Friday, according to PTI.In the previous reporting week, the country’s overall forex reserves had increased by $1.033 billion to $687.26 billion.Foreign currency assets (FCAs), the largest component of…

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Trade dispute: China seeks WTO consultations with India over ICT tariffs; flags solar subsidies

China on Friday requested consultations with India at the World Trade Organisation (WTO), challenging New Delhi’s tariffs on information and communication technology (ICT) products and subsidy measures in the solar sector, according to PTI.In a statement, China’s Ministry of Commerce said India’s measures allegedly violate multiple WTO obligations, including the principle of national treatment, and…

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India-Oman CEPA rollout: Trade pact may take effect in three month; Piyush Goyal flags faster execution

India and Oman are aiming to operationalise their recently signed Comprehensive Economic Partnership Agreement (CEPA) within the next three months, Commerce and Industry Minister Piyush Goyal said on Friday, signalling a faster rollout than several past trade pacts, PTI reported.The India–Oman free trade agreement was signed on December 18. Under the CEPA, Oman has offered…

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Trump administration appeals court ruling restoring $2.7 billion in Harvard research funds: Settlement talks remain underway

Harvard research funding dispute escalates as Trump administration files appeal The Trump administration has formally appealed a September court ruling that ordered the return of nearly $2.7 billion in frozen research funding to Harvard University. As Harvard Crimson reports, the appeal, filed in the United States District Court for the District of Massachusetts, intensifies a…

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Lionel Messi’s visit shows India loves football icons — just not Indian Football | Football News

Indian cricket administrator and Chairman of the International Cricket Council (ICC) Jay Shah presents Argentine footballer Lionel Messi with a personalised Indian cricket jerseys next to Argentine footballer Rodrigo De Paul (R) and Uruguayan footballer Luis Suarez (L) at Arun Jaitley Cricket Stadium during the Lionel Messi G.O.A.T Tour on December 15, 2025 in Delhi,…

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