RBI clarifies scope and calculation of Foreign Exchange Risk Reserve

IANS | October 15, 2026 7:34 PM

Mumbai, Oct 15 (IANS) The Reserve Bank of India (RBI) on Thursday issued a set of FAQs to clarify the scope and calculation of its 20 per cent Foreign Exchange Risk Reserve (FERR), including exemptions for certain hedges and the treatment of options and rolled-over contracts.

Pakistani student's suicide proof of system that allows exploitation of educational ambitions

IANS | October 15, 2026 7:25 PM

Islamabad, Oct 15 (IANS) The death of a young student of the International Islamic University Islamabad (IIUI) - reportedly by committing suicide after she discovered that the admission and scholarship she believed she had secured were fake - is an indictment of a system that allows unscrupulous individuals to exploit the educational ambitions of young Pakistanis with seemingly little fear of being caught or punished, a report has detailed.

Pakistan faces political, security and economic pressures that could spill over: Report

IANS | October 15, 2026 7:07 PM

Islamabad, Oct 15 (IANS) With the military-backed government led by Prime Minister Shehbaz Sharif and President Asif Ali Zardari imposing emergency and Governor's rule in Khyber Pakhtunkhwa, effectively removing the Pakistan Tehreek-e-Insaf (PTI)-led provincial government, a report has highlighted that Pakistan is facing intertwined political, security and economic pressures that could spill over.

Kourtney Kardashian recollects scary experience of her 1st car

IANS | October 15, 2026 6:58 PM

Los Angeles, Oct 15 (IANS) Reality star Kourtney Kardashian is highly unpredictable when she’s behind the wheel and hitting the streets. She recently appeared on the recent episode of ‘The Kardashians’ season 8, as she and her husband Travis Barker took Landon Barker to the DMV to get his driver’s license.