India’s foreign investment reform package announced on Friday will stabilize the capital account, strengthen the rupee and improve liquidity and price discovery in the G-sec market, people familiar with the matter said on Saturday. The policy responses of the Finance Ministry and the RBI have been well-coordinated and timely (HT Photo/Sanjeev Verma) The Union Finance…
Rosneft Chief Executive Igor Sechin said on Saturday that US energy companies were the biggest beneficiaries from the closure of the Strait of Hormuz, while warning that a prolonged disruption to the vital shipping route could ultimately weaken global oil demand and increase interest in alternative energy sources, according to Reuters.Speaking at the St. Petersburg…
UN report warns AI could soon use up more water than humanity drinksscience alert New reports give sobering statistics on the resource requirements of data centersAxios Environmental costs of AI threaten water, land and climateunited nations news Writing a 100-word email with ChatGPT consumes approximately the volume of a standard bottle of water, the global…
India sets standard pack size for cooking oils to help buyers compare pricesreuters Center introduces standard edible oil pack sizes to increase transparency and promote uniform packaging practicesNews on All India Radio Government has made standard packaging sizes mandatory for edible oils to make price comparison easier for consumers.Deccan Herald Government sets standard pack size…
In an effort to attract dollar inflows, the government has abolished long-term capital gains tax on investments made by foreign institutional investors (FIIs) in government securities through an ordinance issued on Friday. A man walks past an installation of rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai…
To add S&P 500 Marvel and Flex. Both AI stocks are rising.investor’s business daily Marvell Technology and Flex will join the S&P 500 index, replacing Poole and Campbell.cnbc Marvell to join S&P 500 after AI boom helps chipmaker pass profitability testyahoo finance Marvell stock surges after announcement of inclusion in S&P 500investment.com AI-related stocks get…
Gold Rate Today: Check Live Price of 22K, 24K and 18K gold prices in Mumbai, Delhi, Bengaluru, cities on June 6, 2026peppermint Gold falls by Rs 400 amid weak global trend; Silver fell by Rs 5,000impression 22k Gold Rate Today: Check 24k, 22k, 18k gold prices in Tanishq, Joyalukkas, Kalyan Jewel (June 4, 2026)The Economic…
The Indian rupee strengthened by 50 paise to 95.24 against the US dollar on Friday after the Reserve Bank of India (RBI) announced new policy measures. Forex traders said investor confidence improved after the RBI relaxed rules for foreign portfolio investors (FPIs) to invest in government securities. Rupee rises after RBI policy decision, reaches 95.24…
Prime Minister Narendra Modi on Saturday met members of the Prime Minister’s Economic Advisory Council (EAC) to discuss ideas and measures to further strengthen the country’s economic growth amid the current global uncertainty. Reforms aimed at improving ease of living and ease of doing business were discussed in the meeting. The PM and EAC-PM members…
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability testreuters Marvell Technology and Flex will join the S&P 500 index, replacing Poole and Campbell.cnbc AI-related stocks get a big boost! Marvell Technology (MRVL.US) and Flex Ltd. (FLEX.US) have joined the S&P 500 index, with both stocks rising in after-hours trading.Moo Moo Marvell…
