23 Mar 2026
RBI Forex Reserves: $20 Billion Burned Defending Rupee in March 2026
RBI forex reserves in March 2026 fell $20 billion defending the rupee. Import cover is at a three-year low. How long can the central bank keep this up?
Markets, companies, startups, and economic policy affecting India.
RBI forex reserves in March 2026 fell $20 billion defending the rupee. Import cover is at a three-year low. How long can the central bank keep this up?
India's stock market crash March 2026: Sensex fell 1,836 points, rupee hit 93.98. Hormuz chaos and FPI flight wiped ₹14L crore. Here's why.
India's 2026 fertilizer shortage deepens as Hormuz blockade cuts 44% of urea exports. China restricts supply. Yara slashes output. Kharif season starts in 10 weeks.
50+ generic Ozempic brands launch in India at ₹3,000/month after patent expiry. Down from ₹11,000 — but 250 million obese Indians are still priced out.
IDBI Bank privatisation restarts from scratch after bids fell short. Stock crashed 20% in two days. What it means for India's disinvestment plans.
India's Russian oil imports hit a 44-month low under US tariff pressure. Now Hormuz is closed and Moscow is offering 9.5M barrels via alternative routes.
Semaglutide generics launch March 21 at ₹3,000-5,000/month — 50-70% cheaper than Ozempic. 50+ brands incoming, but price isn't the real barrier.
Induction cooktop sales surge 300% as India's LPG crisis sparks panic buying. Amazon, Flipkart, Blinkit sold out. What the rush reveals about energy vulnerability.
Rupee hits record 92.45 vs dollar as oil crosses $101, FPIs pull ₹39,450 crore, and RBI burns $11.68 billion in reserves. What it means for you.
20% of Mumbai restaurants shut as LPG crisis deepens. Hormuz blockade chokes 85% of imports. What it means for your wallet.