Purchase Up 94% Since July. MUMBAI: RBI’s net dollar purchases surged 132% to $43.3 billion in Aug 2026, driven by inflows through its concessional FCNR(B) swap facility, while its outstanding net forward short position crossed $200 billion for the first time.RBI bought $74.5 billion in dollars during the month, up 93.9% from $38.4 billion in…
AI was also lowering the barriers for smaller criminal operations, he said. NEW DELHI: India is the world’s seventh most targeted country by cyberattacks and third in Asia, a senior Microsoft executive said Friday, warning that artificial intelligence was already helping criminals mount ransomware and espionage campaigns.At the NDTV World Summit 2026, Nicholas Butts, director…
Travel accounted for 59.5% of total remittances, rising 11.4% from July to $1.6 billion. MUMBAI: Outward remittances under RBI’s Liberalised Remittance Scheme (LRS) rose 6% month-on-month to $2.7 billion in Aug 2026, driven by overseas student travel, business travel and payments for remote education, while investments in foreign equity and debt more than doubled from…
he slowdown was particularly sharp in high-tech and retail, which declined 17.3% and 7.7% year on year, BENGALURU: Infosys had a lacklustre Q2, with its shares falling 6% in early trade on the NYSE after it cut FY27 revenue growth guidance to 1%-2% in constant currency terms from 1.5%-3% earlier. This is the company’s weakest…
Two critical PHP flaws trigger global alert. BENGALURU: Two critical PHP vulnerabilities that could allow hackers to remotely execute code on servers without authentication have triggered a cybersecurity alert, potentially exposing millions of internet-facing services. In a separate advisory, PHP also urged users to temporarily disable a file-upload tracking feature to mitigate another remote code…
Piyush Goyal said German companies had publicly announced investments worth $7.4 billion in India. BERLIN: German companies are exploring investment opportunities in India in precision engineering, aerospace, defence and shipbuilding, besides healthcare, pharmaceuticals and research and development, commerce and industry minister Piyush Goyal said, pointing to growing business interest as European firms look to diversify…
The remarks appear to settle a debate sparked by Noel Tata, chair of Tata Trusts. Mumbai: In his first public comment since Reserve Bank of India rejected Tata Sons’ bid to shed its non-bank lender status, governor Sanjay Malhotra on Friday left little doubt that the Tata Group holding company must list publicly as long…
[ad_1] File photo: A shopper looks at the section of a grocery store in Fort Worth, Texas (Picture credit: AP) US consumer sentiment edged down to near a record low in October as rising prices linked to the Middle East conflict weighed on households’ views of the economy, a University of Michigan survey showed on…
Tesla Flying Car Revealed: New Tesla Roadster 2026, Price, Features and Release Date Tesla flying car news: Tesla has unveiled a redesigned version of its long-awaited next-generation Roadster, featuring experimental rocket-style thrusters developed in collaboration with SpaceX. During a demonstration in Texas on October 15, 2026, the electric sports car performed a dramatic aerial manoeuvre,…
Deadly Hantavirus Outbreak on Cruise Ship: What Happened and Why It Matters A luxury expedition cruise turned into a medical emergency after a suspected hantavirus outbreak aboard the MV Hondius led to multiple deaths and serious illness among passengers. Health authorities are now investigating how a virus typically linked to rodents spread in such an…
