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Rupee slide continues: INR hits all-time low of 90.32 against dollar; US-India trade-deal delays and dollar demand weigh

The rupee closed at a new all-time low of 90.32 against the US dollar on Thursday, sinking 38 paise, as uncertainty around the India-US trade deal and continued foreign fund outflows pressured the currency, PTI reported.The local unit opened at 89.95, weakened further through the session and hit a record intra-day low of 90.48, before…

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Goa nightclub fire: How the Luthra brothers were nabbed – A timeline | India News

NEW DELHI: Saurabh and Gaurav Luthra co‑owners of the Goa nightclub Birch by Romeo Lane, have been detained by Thai authorities in Phuket and are set to be deported to India to face investigation in connection with a deadly fire that killed 25 people last week.Indian law enforcement agencies, working through diplomatic and international policing…

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‘Big Short’ Steve Eisman is getting worried about the AI trade

Steve Eisman of “The Big Short” fame said he is starting to worry that the artificial intelligence boom may rest on shakier ground than investors assume. “The Real Eisman Playbook” podcast host and former Neuberger Berman senior portfolio manager said he encountered a theory suggesting that as large language models continue to scale, their performance gains…

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New labour codes: Does your salary & wage definition, PF contribution, ESI, gratuity payout & bonus change? Explained

Some of the key provisions of the new labour codes include minimum wages, gratuity payout for fixed term employees after a year of service. (AI image) New labour codes decoded: The government has introduced new labour codes that have wide-ranging implications for your salary structure, provident fund contributions, bonus payout, ESI benefits, gratuity payout and…

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‘Very warm conversation’: PM Modi speaks with Trump; trade, defence in focus | India News

NEW DELHI: Prime Minister Narendra Modi and United States President Donald Trump held a telephone conversation on Thursday and reviewed the progress of the India–US Comprehensive Global Strategic Partnership. Both leaders expressed satisfaction with the steady strengthening of bilateral cooperation across a broad range of areas.According to an official statement, the two leaders discussed ways…

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Income tax refund delays: Why many ITRs are still pending; is your return stuck due to these common mistakes?

ITR refunds: Delays in receiving income tax refunds this year are largely tied to filing errors, system checks for high-value claims and incomplete verification by taxpayers, according to an ET report. While small refunds have been processed for most filers, many taxpayers are still waiting because their returns have been flagged for additional review, or…

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Sky’s Keel Starts $500M Investment Campaign to Boost Tokenized RWAs

Keel, an onchain capital allocator of the Sky ecosystem focusing on Solana SOL$131.08, has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to grow Solana’s footprint in decentralized finance. The initiative, dubbed the “Tokenization Regatta” and announced at Solana Breakpoint in Abu Dhabi, aims to…

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