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Representative image | Photo Credit: Reuters The rupee depreciated 21 paise to 88.40 against the U.S. dollar in early trade on Tuesday (October 28, 2025), weighed down by month-end dollar demand from importers and a surge in global crude oil prices. Forex traders said investors are keeping a watch on the Federal Reserve’s policy decision…
Read More “Rupee falls 21 paise to 88.40 against U.S. dollar in early trade” »
Image used for representational purposes only. File Sensex, Nifty trade higher on Fed rate cut hopes, prospects of U.S.–China deal. Equity benchmark indices Sensex and Nifty were trading higher early on Tuesday (October 26, 2025), driven by hopes of a rate cut by the Federal Reserve and prospects of a U.S.–China trade deal. The 30-share…
Hindustan Oil Exploration Company said it will engage in discussion with HPCL for redressing the issues. File. Responding to Hindustan Petroleum’s assertions about having obtained high-chloride content in the crude oil from their B-80 field, the Hindustan Oil Exploration Company (HOECL) said Tuesday (October 28, 2025) the company was examining the claims. More importantly, it…
AI has emerged as a major source of energy demand [File] | Photo Credit: REUTERS Google unveiled a plan Monday to restart a nuclear facility in Iowa to power the company’s artificial intelligence infrastructure in the latest collaboration between tech giants and electric industry players. Under an announcement with electric power company NextEra Energy, the…
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Shares in Qualcomm were up as much as 20 percent in Monday trading on Wall Street [File] | Photo Credit: REUTERS Shares in U.S. chipmaker Qualcomm skyrocketed on Monday after the company unveiled two new artificial intelligence processors designed for data centres, marking a major push into a market dominated by rivals Nvidia and AMD….
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A loan gets approved at 2:17 a.m., no human on shift, no second pair of eyes. An AI model read the bank statements, guessed income, priced risk, and moved money. That speed is powerful, but dangerous. When models drift or learn the wrong lesson, the damage is instant: unfair denials, bad assets, and angry regulators….
Read More “The 2:17 AM Decision: Why AI auditing is banking’s new oversight” »
Dairy firm Hatsun Agro Product Ltd. on Monday reported a 70.3% jump in consolidated net profit to ₹109.54 crore in the September quarter, on the back of higher sales. Total income rose 17.15% to ₹2,427.59 crore during the quarter under review, from ₹2,072.10 crore in the year-earlier period. Expenses stood at ₹2,284.32 crore as against…
Samsung Electronics-owned HARMAN, a player in connected automotive technology, has on Monday announced a fresh investment of ₹345 crore ($42 million) to expand its automotive electronics manufacturing facility in Chakan, Pune, India. The investment includes ₹45 crore for immediate expansion and an additional ₹300 crore over the next three years to support advanced telematics and next-generation…
Minister for Railways, Information & Broadcasting Ashwini Vaishnaw, addressing a press conference in New Delhi on October 27, 2025. | Photo Credit: ANI The government has approved seven projects out of 249 proposals received under the Electronics Components Manufacturing Scheme, Union Electronics and IT Minister Ashwini Vaishnaw said on Monday (October 27, 2025). The Minister…
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On October 27, scrips of Indian Oil closed 3.19% up at ₹155.15 apiece on the BSE, and 3.23% up at ₹155.23 apiece on the NSE. File | Photo Credit: Reuters State-owned refiner Indian Oil’s net profit rose more than forty-times (or 4,128%) on a year-over-year (YoY) basis, to ₹7,610.45 crore in the September-end quarter fuelled…
