The Russian rouble briefly dipped in early trading due to lower oil prices and decreased foreign currency supply. It quickly recovered, strengthening by 0.3% against the dollar at 92.57, supported by President Vladimir Putin and key government officials. Market observers anticipate a possible interest rate hike to 16% by the Bank of Russia.

India’s Paytm experiences a 20% drop in stocks, the sharpest since going public, as it adjusts lending practices due to stricter RBI regulations. Analysts doubt larger loans will fully compensate for the reduction in smaller ones, causing downgrades and lowered price targets for the company.

The Russian rouble hit a one-month low due to low oil prices and a decrease in foreign currency supply, but later recovered. The rouble is expected to continue to devalue, reaching 97.5 to the dollar. The Central Bank’s rate decision and CEO of Sberbank’s comments will be closely watched. Meanwhile, Brent crude oil improved while Russian stock indexes declined.

Paytm’s share price drops by 20% due to new consumer lending regulations from the RBI. Despite reducing small loans, Goldman Sachs predicts high-value loans won’t fully compensate. Jefferies adjusts revenue estimates and target price, while Paytm plans to add new lending partners to mitigate the impact.

Pakistan rice exporters have become a major player in the international rice market, thanks to their high-quality rice varieties, modern rice mills, competitive pricing, and government support. This has boosted the economy and created employment opportunities in the country.

The declining rice procurement by the Food Corporation of India (FCI) raises concerns about food security and the livelihoods of farmers. Strategies to incentivize farmers to sell to the FCI and maintain sustainable growth in the agricultural sector are crucial. Source: Hindustan Times.

Indian Prime Minister Narendra Modi’s focus on combating Sikh separatism is driven by security concerns, despite the minimal support it has among the Sikh minority. Critics argue that Modi is exploiting the issue for political gain, particularly after Sikh farmers dealt a blow to his government through successful protests.

India grants a one-time exemption to the Indian Rice Exporters Federation, allowing them to export 20 metric tons of rice as a donation to Nepal earthquake victims. This act of generosity aims to address the immediate food needs and support the recovery efforts of the affected communities.

Discover the unsung heroes of Bangladesh’s diplomacy who stood against Pakistan’s foreign service to fight for the freedom of their nation. These courageous diplomats, including Wali-ur Rahman and Abul Hasan Mahmood Ali, played a pivotal role in shaping Bangladesh’s history during the tumultuous year of 1971.

In an exhilarating match at Kenilworth Road, Arsenal clinched a dramatic 4-3 victory over Luton Town, placing them temporarily five points ahead in the Premier League. Despite setbacks and resilient competition, a last-minute header from Declan Rice sealed the win, extending Arsenal’s dominant position at the top.