RBI partially rolls back curbs on rupee derivative trades

MUMBAI: RBI on Monday partially unwound emergency curbs on rupee derivatives, signalling a shift from firefighting to restoring normal market function after a spell of currency volatility.The central bank withdrew its April 1 directive, which had barred banks from offering non-deliverable forwards (NDFs)—offshore rupee derivatives settled in foreign currency—and prevented users from rebooking cancelled forward…

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Mumtaz says friendship with Feroz Khan was platonic, he had an Anglo-Indian girlfriend: ‘Every woman was physically attracted to him’ |

Feroz Khan and Mumtaz shared a close friendship through the years. The actress did her first and only ever bikini scene for his film ‘Apraadh’. They also did films like ‘Aadmii Aur Insaan’, ‘Mela’, ‘Upaasna’ together. In a recent interview, Mumtaz spoke about her bonding with the late actor and also clarified that there was…

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Why the UAE asked Pakistan for its $3.5bn back

Pakistan’s sudden repayment of roughly $3.5bn to the United Arab Emirates has exposed how geopolitics and financial dependence are increasingly intertwined. What Islamabad described publicly as a “routine financial transaction” came after Abu Dhabi made an unexpected request for immediate repayment—at a time when Pakistan’s foreign exchange reserves were already under pressure and tied to…

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Jeh Aerospace to manufacture high-precision landing gear components for Liebherr-Aerospace of France

Hyderabad: Jeh Aerospace has inked a long-term agreement with French aerospace and transportation major Liebherr-Aerospace to manufacture and supply high-precision landing gear components for high-rate commercial single-aisle aircraft.As part of the agreement, Jeh Aerospace will produce these components at its Hyderabad facility, which will now become a part of Liebherr-Aerospace’s global industrial network. The deal…

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Robert Kiyosaki Quote: Success quote of the day by ‘Rich Dad Poor Dad’ author Robert Kiyosaki: “Winners fail until they succeed”

Financial educator Robert Kiyosaki challenges the notion that setbacks signal the end, advocating instead for viewing failure as a crucial part of the learning process. His philosophy, exemplified by the quote ‘Winners fail until they succeed,’ emphasizes perseverance through disappointment. The world is obsessed with quick wins and overnight success, so many people give up…

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