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Reserve Bank of India (RBI). File | Photo Credit: Reuters Foreign currency non-resident (Bank) or FCNR(B) deposits, which were introduced in 1993, will prove to be a litmus test for the country’s ability to mobilise long-term foreign currency resources from its vast global diaspora. At a time of geopolitical fragmentation, volatile capital flows and uncertain…
India has delivered the first tranche of medical assistance to Kenya to strengthen the country’s preparedness and response to the Ebola virus and other infectious diseases. File | Photo Credit: AP India has delivered the first tranche of medical assistance to Kenya to strengthen the country’s preparedness and response to the Ebola virus and other…
Read More “India sends 4.5 tonnes of medical aid to Kenya to boost Ebola preparedness” »
The rupee depreciated by 28 paise to close at 96.53 against the U.S. dollar on July 22. File | Photo Credit: Getty Images/istockphoto The rupee declined 4 paise to close at 96.57 (provisional) against the U.S. dollar on Thursday (July 23, 2026), as heightened hostilities in West Asia kept global crude oil prices elevated. However, a…
Read More “Rupee slips 4 paise to settle at 96.57 against U.S. dollar” »
From the Sensex pack, Adani Ports, Bajaj Finance, InterGlobe Aviation, Axis Bank, State Bank of India and Tata Steel were among the major laggards. Mahindra & Mahindra, Tata Consultancy Services, Eternal and Bajaj Finserv were among the winners. File | Photo Credit: Getty Images Market benchmark indices Sensex and Nifty ended lower on Thursday (July…
Read More “Stock markets extend losses to fourth day on surging crude oil prices” »
Leaders of Left parties raise slogans at a joint press conference on the proposed data centres, at the CPI(M) district office in Visakhapatnam on Thursday. | Photo Credit: Special Arrangement Leaders of Left parties in Visakhapatnam have sought the withdrawal of the State government’s proposal to set up data centres in residential areas, alleging that…
Sarath Subramanian Shankar. Photo: Special Arrangement The Tamil Nadu Anti-Terrorism Squad (ATS), on Wednesday (July 22, 2026), arrested a U.S.-based software engineer at Chennai International Airport in connection with a series of hoax bomb threat emails sent between 2023 and 2025 to airports, educational institutions, public officials and other high-profile targets across India. Police identified…
Leader of the Opposition in Kerala Pinarayi Vijayan addresses students outside Kerala Lok Bhavan as he inaugurates a protest march taken out by the Students Federation of India demanding education system reforms and the resignation of Union Education Minister Dharmendra Pradhan over question paper leak incidents, in Thiruvananthapuram on Thursday (July 23, 2026). | Photo…
There have been a number of news reports recently about a startup in Bengaluru called Vimag Labs that has reportedly replaced rare-earth magnets in motors with so-called “virtual” magnets. One such report quoted Manish Seth, the start-up’s CEO, as saying: “We remove permanent magnets, replace them with copper coils, and then through software, we generate…
Read More “‘Virtual magnet’ claims reveal why EVs need their rare-earth magnets” »
Prime Minister Benjamin Netanyahu and his Defence and Foreign Ministers have so far not commented on the deal, which critics say compromises Israel’s long-term security interests. File | Photo Credit: Reuters A deal between the United States and Saudi Arabia allowing the kingdom to build nuclear reactors using American technology and to enrich uranium has…
Read More “Israelis fear Saudi nuclear deal could ignite West Asia arms race” »
On the Bengaluru-Nelamangala access-controlled highway, the toll is collected at six locations. | Photo Credit: File photo Toll charges on the Bengaluru-Nelamangala stretch of NH-48 and the Bengaluru-Kolar section of NH-75 have gone up from Wednesday, following the National Highways Authority of India’s (NHAI) revision of user fee rates for the financial year 2026-27. According…