India issues Letter of Request to France for inking contract for 114 Rafale jets; IAF chief in Paris to advance deal | India News

NEW DELHI: In another big step towards inking the Rafale deal, India has issued the Letter of Request (LoR) to France to finalise the mega defence agreement worth around Rs 3.25 lakh crore for 114 Rafale fighter jets for the IAF.“The Letter of Request was issued last week by the acquisition wing of the defence…

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MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments

MoneyGram announced Tuesday it had launched its own U.S. dollar-backed stablecoin on the Stellar (XLM) blockchain, joining a growing wave of global payments companies and banks building products around digital dollars. The stablecoin, dubbed MGUSD, will be embedded into the MoneyGram app, allowing customers to hold a dollar-denominated balance in a self-custodial wallet and transfer…

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CBSE re-evaluation portal goes live: How to apply, fees, Aadhaar rules and key FAQs answered | India News

NEW DELHI: The Central Board of Secondary Education (CBSE) on Tuesday opened the online portal for Class 12 students to apply for verification of issues found in scanned copies of their evaluated answer books and for re-evaluation of answers. The facility, available only to students who have already obtained scanned copies of their answer books,…

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Mumbai-Ahmedabad bullet train project achieves major milestone as mountain tunnel breakthrough completed

Screen grab from X @AshwiniVaishnaw’s video The Mumbai-Ahmedabad Bullet Train project achieved its third mountain tunnel breakthrough in Maharashtra within five months, marking another milestone in the construction of India’s first high-speed rail corridor.The breakthrough took place in Dahanu taluka of Palghar district in Maharashtra.Union railway minister Ashwini Vaishnaw on Tuesday posted on X, “Mumbai-Amdavad…

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H-1B hiring boost: Nvidia offers top salaries despite slowdown in foreign recruitment

At a time when many technology companies are cutting jobs, slowing recruitment and reducing sponsorship of foreign workers, Nvidia appears to be moving in the opposite direction. The artificial intelligence chip giant has continued to aggressively hire overseas talent through the H-1B visa programme.Federal filings show Nvidia secured certification for around 1,200 H-1B positions during…

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US-Iran war impact: RBI likely sold $12 billion gold reserves to shield foreign currency assets, says report

According to an assessment by Bloomberg Economics, RBI sold gold worth around $12 billion during the two weeks ending May 22. (AI image) Amid the ongoing US-Iran conflict, the Reserve Bank of India may have sold some of its gold holdings to protect foreign exchange reserves from the economic fallout of the Middle East situation,…

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