India’s exchange rate framework came under renewed global scrutiny on Wednesday after the International Monetary Fund reclassified the country’s “de facto” regime as a “crawl-like arrangement”, two years after designating it “stabilised”. The change follows an IMF review conducted earlier this year and could shape how global investors read India’s approach to managing the rupee…
Defending her bastion of West Bengal for the fourth time to extend her term by another five years to 20 years was never meant to be easy for Mamata Banerjee. She was up against a formidable challenger, the Bharatiya Janata Party, its redoubtable election-winning organisation and bottomless resources and its star campaigner, Narendra Modi.For five…
New Delhi: The Indian Army has issued its first comprehensive technology roadmap for unmanned aerial systems (UAS) and loitering munitions, towards providing long-term visibility of the force’s requirements in the field of UAS. The nearly 50-page document ‘Indian Army’s Technology Roadmap for Unmanned Aerial Systems and Loitering Munitions’, which was released by Lt Gen Rahul…
MARA Holdings shares jumped 17% after the bitcoin mining firm announced Thursday a partnership with Starwood Capital Group to build large data centers across its existing U.S. sites. The agreement will convert select MARA locations, many of which were originally developed for Bitcoin mining, into facilities serving enterprise cloud and artificial intelligence customers. Starwood, which…
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US stocks edged lower on Tuesday as investors remained cautious amid uncertainty over how long the war with Iran may last and whether oil prices will stabilise after recent sharp swings.The S&P 500 slipped 0.4% in morning trading, while the Dow Jones Industrial Average fell about 250 points, or 0.5%, as of 10 a.m. Eastern…
Growth in India’s eight core infrastructure sectors slowed to a two-month low of 4 per cent in January, according to official data released on Friday, reflecting weakness across most key industries. The growth rate stood at 5.1 per cent in January 2025 and 4.7 per cent in December 2025, PTI reported.Crude oil and natural gas…
