A senior Reserve Bank of India official criticised foreign-exchange market makers for their role in aggravating the rupee’s weakness during the ongoing West Asia tensions, as the regulator keeps up its tough messaging stance in its defense of the currency. Addressing an annual foreign exchange dealers’ conference in Paris at the weekend, deputy governor T…

Two supertankers carrying Iranian crude have anchored off India’s eastern and western coasts, marking a potential resumption of such imports after nearly seven years, even as the US steps up efforts to restrict Tehran’s oil exports.Ship-tracking data, cited by Bloomberg show that the Felicity, a very large crude carrier owned by the National Iranian Tanker…