MUMBAI: The rupee closed at 89.98 a day after breaching the 90 mark against the greenback. Dollar sales by foreign banks and likely inflows halted a six-session decline in the domestic currency.The rupee hit 90.42 intraday before closing higher. Wider trade deficits, weak investment flows and stalled US trade talks have slowed inflows and pushed…
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MUMBAI: As quantum computing moves from theory towards application, the RBI has set up an expert committee for a quantum-secure and adaptive financial ecosystem to assess how a technology that can solve complex financial problems could also threaten existing cryptographic standards.Quantum technology is different from regular computing because it can handle multiple possibilities at the…
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A business roadshow in Osaka on Friday, the fourth day of Punjab chief minister Bhagwant Mann’s Japan visit, saw active participation from industry representatives across sectors.Addressing the gathering, the chief minister said the presence of major industrial companies showed strong support for deepening India–Japan economic ties.Mann told investors that the focus is on creating opportunities…
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