MUMBAI: The rupee hit a record low of 96.14 against the US dollar on Friday before settling at 95.97, one paise lower than its previous close, as global and domestic pressures weighed on the currency.The decline comes amid a widening current account deficit, continued selling by foreign investors, and broader macroeconomic pressures, while global developments…
The Reserve Bank is expected to keep the benchmark repo rate unchanged at 5.25% in its April monetary policy review, as rising inflation risks linked to the Middle East crisis cloud the outlook, according to a poll of economists cited by PTI.Geopolitical tensions, volatile commodity prices and sharp currency movements — with the rupee hitting…
Dhanush’s latest action thriller ‘Kara’ has achieved a notable milestone at the global box office. The Vignesh Raja directorial has crossed the Rs 50 crore mark worldwide within 13 days of release.Released in theatres on April 30, 2026, Kara is a Tamil-language period action thriller. Dhanush plays the central role of Karasaami. India and overseas…
China’s share in India’s foreign direct investment (FDI) approvals remained largely negligible in 2025-26, with the government approving just one proposal worth Rs 1 crore during the year. In comparison, 13 proposals from Hong Kong, together worth Rs 610.42 crore, received approval, according to official data. These approvals fall under India’s investment screening rules for…
Indian currency notes. Photo credit: Reuters MUMBAI: The US banknote, the most ubiquitous currency in the world used in everything from drug deals to legally accepted tender in multiple countries, falls short of the rupee when it comes to circulation numbers. RBI deputy governor Shirish Chandra Murmu said there are three times as many rupee…
Principal secretary to Prime minister Narendra Modi, PK Mishra, on Saturday cautioned that financial systems should remain connected to the real economy and everyday lives of citizens, warning against risks arising from excessive speculation and instability in markets, ANI reported.Addressing the 20th convocation ceremony of the National Institute of Bank Management (NIBM) in Pune, Mishra…
The Tamil film industry has been left shocked by the death of veteran producer K Rajan, who was widely known for his outspoken speeches and controversial remarks at cinema-related events. The 85-year-old allegedly died by suicide after jumping into the Adyar river.According to a report by Tamil OneIndia, K Rajan leapt into the river from…
Elon Musk sparred with lawyers for a third day Thursday at his California trial against OpenAI, struggling to explain why his own for-profit AI empire differs from the one he is trying to take down.“Few answers are going to be complete, especially when you cut me off all the time,” the visibly irritated multi-billionaire said…
Bollywood actor Arjun Kapoor on Wednesday approached the Delhi High Court, seeking protection of his personality rights against the alleged misuse of his identity through AI-generated material and pornographic content.The matter was taken up by Justice Tushar Rao Gedela, who heard submissions from Advocate Pravin Anand, appearing on behalf of Kapoor. Anand informed the Court…
LOS ANGELES — Mia Angulo, who is pregnant and due in May, is living in a tent with her boyfriend in the predominantly Latino neighborhood of Boyle Heights. Lingering pain from a car crash two months ago, on top of an already hardscrabble life, has Angulo worried about her pregnancy. So, she was relieved when…