As widely anticipated, the Reserve Bank left interest rates unchanged for a second consecutive policy meeting. Giving a major boost to the rupee, Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced several steps to attract foreign capital at a time when the US-Iran conflict is putting pressure on India’s external sector resilience.The…
Forward Industries deposited 455,784 SOL worth roughly $31.87 million to Coinbase Prime on Friday after a month of dormancy, according to onchain tracker Lookonchain. The transfer is the first sizeable movement from the company’s treasury wallets in more than four weeks and lands in the middle of a sharp Solana drawdown that has pushed the…
Prime Minister Narendra Modi shares photos of Jai Prakash Narayan Bird Sanctuary via his X handle. (Photo credit: X via @narendramodi / ANI) NEW DELHI: India on the World Environment Day on Friday designated Jai Prakash Narayan Bird Sanctuary (Surha Tal) of Ballia, Uttar Pradesh as its 100th site on the list of Wetlands of…
Indian economy (AI image) With an aim to attract foreign capital, the government on Friday promulgated an ordinance to exempt capital gains tax on investments made by Foreign Institutional Investors in government securities, according to a PTI report. The move is aimed at making Indian debt markets more attractive to overseas investors while helping shield…
Foreign capital (AI image) US-Iran war: Moving in to bolster forex reserves and attract foreign investments, the Reserve Bank of India (RBI) governor Sanjay Malhotra on Friday announced five measures. The steps come at a time when foreign investors have been exiting Indian equities at a record pace, putting pressure on the rupee and India’s…
Gold’s intraday technical structure remains weak following a decisive breakdown below key support levels. (AI image) Gold price prediction today: Gold prices seem to be exhibiting weak intraday bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends a sell on rise strategy.Gold August futures on MCX are trading near…
NEW DELHI: Karnataka chief minister DK Shivakumar on Friday reacted to Ramalinga Reddy’s resignation as minister, saying there was “nothing to worry” about. Reddy’s resignation came days after Siddaramaiah’s exit from CM post and Shivakumar’s elevation as the state’s new chief minister.The transition of power in Karnataka came after intense buzz and discussions within the…
Tencent’s Chief AI Scientist Yao Shunyu (R) discusses the tech outlook with Tencent CNBC | Evelyn Cheng BEIJING — A former OpenAI researcher is now chief AI scientist for Tencent in China, and wants to build artificial general intelligence. It’s a sign of a shift in the U.S.-China tech race. AI with human-level or above…
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Privacy-focused zcash (ZEC) has taken a beating in the past 24 hours, falling roughly 30% to $400 amid broader market weakness. The selling accelerated after Shielded Labs, a nonprofit Zcash developer, disclosed a critical vulnerability in the blockchain’s Orchard privacy pool that could have threatened the integrity of the token’s supply. Late Thursday, Shielded Labs…
