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China's push for renminbi global role reflects world seeking dollar hedges

The weaponisation of financial markets is driving the search for less risky alternatives, and China is stepping into the breach

rnb , global trade | illustration: binay sinha

More on Opinion

Echoes of 1990-91? Energy shock revives concerns over economic stability

Let us hope that 2026-27 will remind us of 1991-92, when economic policy shifted from increased foreign and domestic borrowing to implementing serious policy reforms

Echoes of 1990-91? Energy shock revives concerns over economic stability
Updated On : 14 Jun 2026 | 11:26 PM IST

The rise and rise of smallcaps: Strong earnings, robust demand

The dominance of India's largest companies too is gradually eroding

The rise and rise of smallcaps: Strong earnings, robust demand
Updated On : 14 Jun 2026 | 11:25 PM IST

Time for lenders to rethink MSME credit beyond collateral-based models

Financial institutions must pivot towards cashflow tracking and unified digital networks to unlock funding for small businesses

Time for lenders to rethink MSME credit beyond collateral-based models
Updated On : 14 Jun 2026 | 11:17 PM IST

The upskilling imperative: TCS' plan on AI agents must spur a new approach

IT majors, including TCS, recently experienced erosion in stock-market valuation mainly due to investor anxiety over AI threats as well as geopolitical factors

The upskilling imperative: TCS' plan on AI agents must spur a new approach
Updated On : 14 Jun 2026 | 11:14 PM IST

AI with borders: US' Anthropic curbs should compel a rethink for India

There has been talk of moving to a decentralised AI development model, where no single government has the powers to revoke access

AI with borders: US' Anthropic curbs should compel a rethink for India
Updated On : 14 Jun 2026 | 11:12 PM IST

12 years of NDA: A mixed record in foreign trade, tariffs and FTAs

While services exports have expanded sharply over the past decade, India's share of global merchandise exports has remained largely unchanged despite multiple trade policy reforms

12 years of NDA: A mixed record in foreign trade, tariffs and FTAs
Updated On : 14 Jun 2026 | 10:42 PM IST

Consumer Protection: Sale or allotment of parking space by builder illegal

Maharashtra State Commission cited Supreme Court's ruling in Nahalchand Laloochand Pvt Ltd vs Panchali Co-operative Housing Society Ltd, where it had clarified that parking spaces could not be sold

Consumer Protection: Sale or allotment of parking space by builder illegal
Updated On : 14 Jun 2026 | 10:18 PM IST

A new era of 'free' deposit rates begins with RBI's LCR-based window

The Reserve Bank of India recently opened a window allowing banks differential interest rates on deposits, based on their LCR runoffs

A new era of 'free' deposit rates begins with RBI's LCR-based window
Updated On : 14 Jun 2026 | 10:00 PM IST

Checking digital insurance fraud key to financial inclusion goals

As digital platforms expand coverage across India, cybercriminals are targeting first-time buyers with online scams

Checking digital insurance fraud key to financial inclusion goals
Updated On : 14 Jun 2026 | 9:16 PM IST

Modi's next test is not revisiting history but governing the future

Like any Prime Minister serving such a long tenure, Mr Modi has had his share of crises. Three of them were global: Covid, Ukraine, and the West Asia wars

Modi's next test is not revisiting history but governing the future
Updated On : 13 Jun 2026 | 9:30 AM IST

Best of BS Opinion: Why PM Modi must leave the past behind and look ahead

From China's bid to expand the renminbi's global role to India's data centre boom, Narendra Modi's next challenges and Pope Leo XIV's views on AI, here's the best of BS Opinion

Best of BS Opinion: Why PM Modi must leave the past behind and look ahead
Updated On : 13 Jun 2026 | 6:15 AM IST

Marjane Satrapi's women: How Embroideries shaped a generation of readers

The process of adapting a Tehran-based play into one in Lucknow made us realise how women's struggles - both the everyday and the revolutionary - are often the same everywhere

Marjane Satrapi's women: How Embroideries shaped a generation of readers
Updated On : 13 Jun 2026 | 12:04 AM IST

AI's promise must not come at the cost of human dignity

Whether you agree with the Pope's interpretation depends in part on your answers to foundational questions about what it means to be human and the nature of consciousness

AI's promise must not come at the cost of human dignity
Updated On : 12 Jun 2026 | 11:33 PM IST

China's push for renminbi global role reflects world seeking dollar hedges

The weaponisation of financial markets is driving the search for less risky alternatives, and China is stepping into the breach

China's push for renminbi global role reflects world seeking dollar hedges
Updated On : 12 Jun 2026 | 11:17 PM IST

India's data centre boom will succeed only if it stays sustainably green

Policy aspirations to becoming a big player in AI cannot be fulfilled without the necessary DC capacity

India's data centre boom will succeed only if it stays sustainably green
Updated On : 12 Jun 2026 | 11:10 PM IST

Best of BS Opinion: E85 policy push needs a coherent transport roadmap

From India's biofuel push and FIFA's commercial priorities to pressure on the rupee, shifts in the global arms market and Malayalam cinema's evolution, here are today's key opinion pieces

Best of BS Opinion: E85 policy push needs a coherent transport roadmap
Updated On : 12 Jun 2026 | 6:15 AM IST

India needs to deploy e-trucks urgently to win the pollution battle: Kant

The solution is clear: India must rapidly electrify its trucking sector

India needs to deploy e-trucks urgently to win the pollution battle: Kant
Updated On : 11 Jun 2026 | 10:47 PM IST

Rupee risks persist as oil shock could outpace policy response

The clock is ticking on the capital inflows that the recent measures of the government and the RBI are expected to garner

Rupee risks persist as oil shock could outpace policy response
Updated On : 11 Jun 2026 | 10:29 PM IST

A fragmented arms market offers India a chance to gain influence

India possesses geopolitical credibility, growing technological capability, and a thriving defence innovation ecosystem, particularly in emerging technologies, that allows engagement across competing

A fragmented arms market offers India a chance to gain influence
Updated On : 11 Jun 2026 | 10:29 PM IST

FIFA's own goals: Revenue maximisation is tarnishing sporting values

Ticket prices for the final stand at over $7,500, more than four times the price of the 2022 final

FIFA's own goals: Revenue maximisation is tarnishing sporting values
Updated On : 11 Jun 2026 | 10:21 PM IST