MUMBAI: The rupee closed at 95.4 against the dollar, down 15 paise from its previous close of 95.25 in the foreign exchange market, with renewed demand for dollars spurring speculation over the return of oil marketing companies (OMCs) to the forex market.To reduce market demand for dollars and stem rupee volatility, RBI had earlier this…
NEW DELHI: RBI on Thursday made its stand over legalising cryptocurrency clear, amid fears that it can be a source of financing for crimes with transnational dimensions like drug trade and terrorism, persons familiar with the deliberations said after the central bank briefed a Parliamentary committee on virtual digital assets (VDAs).A lawmaker said RBI also…
Is Kai Cenat set to stream Taylor Swift and Travis Kelce’s wedding? Truth behind the Madison Square Garden rumor (Image via Getty) Rumors about Taylor Swift and Travis Kelce’s reported wedding have taken over social media ahead of the July 4 weekend. One of the biggest claims suggested that popular streamer Kai Cenat would live-stream…
NEW DELHI: With the situation in West Asia improving and oil prices falling, govt expects a pick-up in the economy, amid economic indicators pointing to a strong momentum in first quarter.“The economic indicators released by the govt continue to underline resilience of Indian economy despite global uncertainties. Strong GDP growth, expanding manufacturing and services activity,…
MUMBAI: Abu Dhabi’s International Holding Company, which emerged as a key backer of the Adani Group following the Hindenburg-induced market turmoil in 2023, is deepening its partnership with the conglomerate through an $11.5 billion integrated aluminium project in Odisha.The partners have formed an equal joint venture to build a sprawling aluminium complex comprising a four-million-tonne…
The Las Vegas Raiders’ star player Maxx Crosby has been a regular name concerning trade rumors ever since his trade to the Baltimore Ravens failed reportedly because of a physical test back in March 2026. Amid all the mess, it seems the New England Patriots and the San Francisco 49ers have emerged as potential landing…
BENGALURU: The rise of GenAI is exposing new vulnerabilities in campus hiring, as recruiters confront increasingly sophisticated cheating techniques-from hidden wearable devices and AI-assisted tools to proxy candidates and ghost coders taking control of assessments via remote desktop software.Recruiters say organised “interview-as-a-service” networks are making hiring fraud more sophisticated, prompting companies to deploy AI-powered proctoring…
A beach suddenly lights up with every crashing wave. A tiny insect flashes through a dark forest. Thousands of glowing dots turn the ceiling of a cave into what looks like a starry sky. It may seem like something out of a fantasy film, but these spectacles are created by real animals. For some, glowing…
MUMBAI: If you think the AI boom will only make MacBooks and iPads more expensive, you are wrong. You probably do not realise it, but a host of products you use every day have memory chips in them-this is because devices are getting ‘smart’ which means they require more memory to process data and run…
MUMBAI: Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian healthcare group NMC Health in an out-of-court settlement that brings to a close years of cross-border insolvency and fraud-related litigation, with both sides making no admission of liability and courts in Abu Dhabi…