New Delhi, Oct 10 (IANS) The Reserve Bank of India (RBI) on Saturday announced fresh regulatory curbs -- cutting the unhedged foreign exchange derivative transaction threshold from $100 million to $5 million and introducing a 20 per cent Foreign Exchange Risk Reserve (FERR) -- to curb currency speculation and ensure an orderly market.
New Delhi, Oct 10 (IANS) The Chinese Communist Party (CCP) continues to champion AI as a symbol of national progress, but there is no parallel policy to retrain displaced workers, create new employment avenues, or provide social safety nets, a new report has revealed.
New Delhi, Oct 10 (IANS) The Indian equity market is likely to outperform its regional benchmark index despite a 15.6 per cent fall in dollar terms this year, a report has said, while pegging earnings growth to increase up to 17 per cent next fiscal year.
New Delhi, Oct 10 (IANS) The Reserve Bank of India (RBI) on Saturday announced a package of measures to support the Indian rupee, including a special window to supply dollars to state‑run oil marketing companies (OMCs).
Mumbai, Oct 10 (IANS) Markets regulator SEBI has notified new regulations that revise how settlement amounts are calculated, and introduced a fast‑track route for lower‑value cases up to Rs 10 lakh.
New Delhi, Oct 10 (IANS) Zoho’s Chief Scientist and Co‑founder Sridhar Vembu on Saturday said that Indian startups are making major advances in low-cost rockets in threat to SpaceX.
New Delhi, Oct 10 (IANS) Foreign institutional investors (FIIs) remained net sellers in the Indian markets for the eighth straight week, offloading Rs 30,294 crore, according to the exchange data.
New Delhi, Oct 10 (IANS) US-based AI firm Anthropic PBC has said that its Claude AI model carried out a series of unintended actions on external organisations, including some US government websites, prompting a White House directive for AI firms to secure their systems.
New Delhi, Oct 10 (IANS) India is moving from being one of the world’s largest telecom markets to becoming an important telecom technology nation and our indigenous technology journey has taught us something important — self-reliance and global collaboration are not opposites, according to Union Minister of State for Communications, Chandra Sekhar Pemmasani.
New Delhi, Oct 10 (IANS) The 57th GST Council meeting’s recommendations address concerns across registration, returns, refunds, input tax credit and dispute resolution, seeking to strengthen trade, clarify tax treatment and widen opportunities for small sellers and service exporters, according to a government factsheet on Saturday.
