MUMBAI: Banks have begun passing on benefits from the Reserve Bank of India’s free hedging window to non-resident customers, pushing up Foreign Currency Non-Resident (Bank) deposit rates and, in the process, reopening a tidy arbitrage between offshore borrowing costs and onshore returns.Meta taps RIL for AI data centre capacityMeta taps RIL for AI data centre…
NEW DELHI: Two Indian sailors died and a chief engineer remains missing after a commercial vessel came under attack near the Strait of Hormuz, the Forward Seamen’s Union of India (FSUI) said on Thursday, raising concerns over the safety of Indian seafarers operating in the conflict-hit Gulf region.The development comes after the ministry of external…
NEW DELHI: Meta has signed its first artificial intelligence data centre deal in India, partnering with Reliance Industries on a 168-megawatt facility in Jamnagar, Gujarat, as technology companies race to secure the computing infrastructure needed to power AI applications.The agreement deepens a relationship that began with Meta’s $5.7 billion investment in Jio Platforms in 2020…
Microsoft locks own engineers out of Claude Fable 5 over fine print Anthropic launched Claude Fable 5 on Tuesday, its first Mythos-class model and the most powerful one the company has cleared for wider use. Within a day, Microsoft had quietly walked it out of the building. The Verge reports that Microsoft is restricting employee…
US President Donald Trump on Wednesday struck an unexpectedly upbeat note on inflation, saying that he “loves” it. The response came after fresh data showed that consumer prices in the United States had risen at their fastest annual pace in more than three years. Responding to a reporter’s question about the latest inflation figures released…
Lawrence Bishnoi syndicate, claims responsibility for a Delhi gym firing, associated with popular singer Guru Randhawa. NEW DELHI: A chilling social media post has surfaced online in which a purported member of the notorious Lawrence Bishnoi syndicate has claimed responsibility for a firing incident outside a fitness center in Delhi, explicitly citing the target’s association…
MUMBAI: Tata Consumer Products, which began as a tea joint venture with British firm Finlay, has crossed Rs 20,000 crore in annual revenues, marking what chairman N Chandrasekaran called the completion of its transformation into a multi-category consumer goods group.The company has built its newer “growth” businesses —packaged foods, pantry staples and ready-to-drink beverages —…
WASHINGTON – Bill Gates said Wednesday that he made a “grave error in judgment” by ever meeting with Jeffrey Epstein as the Microsoft co-founder faced questions behind closed doors from lawmakers about his relationship with the disgraced financier.In an opening statement provided to The Associated Press, Gates said he “should never have met with Epstein…
Form 26AS and AIS are consolidated tax statements available through a taxpayer’s e-filing account. (AI image) ITR filing FY 2025-26: Form 26AS, Annual Information Statement (AIS), Form 16 are some of the most important documents that salaried taxpayers should keep handy and cross-check before filing their income tax return.First, let’s understand what Form 26AS is…
After spending the entire IPL 2026 season away from the spotlight, MS Dhoni made a welcome return to a cricket field on Wednesday as he attended the opening ceremony of the inaugural Jharkhand T20 League in Ranchi.A video from the event quickly caught the attention of fans, showing the former India captain stepping forward to…