Hotel fire in New Delhi kills 21, 40 treated
Some victims were medical tourists from African countries, while the cause of the fire remains under investigation.
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Some victims were medical tourists from African countries, while the cause of the fire remains under investigation.
Why it matters: The won and rupiah led regional losses as officials in South Korea, Indonesia, Japan, India and the Philippines stepped up defenses.
What's new: The Reserve Bank of India now sees inflation at 5.1% in FY2027 and growth at 6.6%, as oil and rupee pressure build.
What's next: The RBI now sees fiscal 2027 growth at 6.6% and inflation at 5.1% as the Iran war lifts energy costs.
Why it matters: The move takes effect April 1, 2026, and aims to steady the rupee after it fell more than 6% this year.