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Economy

Iron ore rally built on Brazil supply fears

IRON ore’s ongoing run above US$100 a tonne is begging the question as to how long a price rally can sustain on fear of an event that is yet to present itself in the evidence

Forex

US$500bil war chest or not, RBI won’t let rupee climb

MUMBAI: India’s foreign-exchange reserves are at a record and approaching the US$500bil mark, and yet, the rupee is Asia’s worst performer over the past three months.