India’s foreign exchange reserves declined by $2.334 billion to $700.236 billion in the week ended September 26, according to data released by the Reserve Bank of India (RBI) on Friday. In the previous week, the reserves had dipped by $396 million to $702.57 billion.The fall was primarily due to a drop in foreign currency assets…
India has been recognised globally for its strides in social protection, becoming the fifth country to win the prestigious International Social Security Association (ISSA) Award for Outstanding Achievement in Social Security.The honour was conferred at the World Social Security Forum (WSSF) in Kuala Lumpur, Malaysia, where Union Labour and Employment Minister Mansukh Mandaviya received the…
MUMBAI: UPI (Unified Payments Interface) transactions in September 2025 continued to show strong momentum, with growth evident in both daily transaction counts and values. While the total number of transactions for the month dipped slightly compared to August, the average daily data—adjusted for the shorter 30-day September—indicates a clear upward trend in activity on the…
OpenAI has asked a federal judge to dismiss a lawsuit from Elon Musk’s AI startup xAI, which claims that the company lured away its employees to steal trade secrets. OpenAI called the case part of Musk’s “ongoing harassment” and denied all allegations as “false and unsubstantiated.”In its court filing, OpenAI said, “Under Musk’s leadership, talented…
American farmers are looking at losing billions of dollars as Chinese importers have refused to buy US soybeans due to tensions between the two nations. To ease the blow, US treasury secretary Scott Bessent announced that the government will be rolling out new support measures for the farming sector.Bessent told CNBC that the federal government…
Indian households are beginning to feel some relief from rising prices, according to the Reserve Bank of India’s latest Inflation Expectations Survey (IESH). The September 2025 survey showed that while households’ perception of current inflation rose slightly, expected price increases across major product categories including food, non-food items, housing, and services, have eased, signalling a…
Divorces are not just the end of a marriage, but also the beginning of a storm. Beyond the annulment lawyer’s office lies an ocean of emotions, with equal amounts of gloom and anger. Adding to the misery comes a financial slap for both ex-spouses. While men scramble to arrange alimony, women often face upheaval, relocating…
Asian stocks mostly rose on Friday, as investors ended the week on a positive note, with hopes of US interest rate cuts outweighing worries over a government shutdown.Japan’s Nikkei jumped 721 points or 1.6% reaching 45,675. Kospi also traded 2.7% higher, gaining 93 points to 3,549.Shanghai and Shenzhen also added 0.5% and 0.3% respectively.HSI, on…
MUMBAI: India’s capital markets have been resilient, defying global slowdown on the back of robust support from domestic investors, allowing a spate of startups to go public. This has been “the single biggest” positive development for all private market investors, said Shailendra Singh, MD at Peak XV Partners. This is the first time India’s capital…
BENGALURU: Tata Consultancy Services (TCS) is under scrutiny as lawmakers in both the US and UK press CEO K Krithivasan for answers regarding the company’s employment practices and cybersecurity protocols. US Senators Charles E Grassley and Richard J Durbin from the senate judiciary committee wrote to TCS CEO K Krithivasan, raising concerns about the company’s…