The steep rise in food prices has left a bad taste in the mouth of restaurant owners. To deal with the high cost of inputs, many have already increased the prices on their menus. Meanwhile, the share of developed market currencies in India’s trade has only been going up in recent decades. The share is up around 30 percentage points since the early 1990s. Read more on these in our top headlines
Asian countries in talks for settling trade in domestic currencies
The Reserve Bank of India’s (RBI’s) latest move allowing international trade settlement in rupees comes at a time when several