The tech giant has opened a dedicated branded space in Hyderabad that will house scores of new startups. This marks the first local Google for Startups Hub set up as part of Telangana’s broader incubation and innovation ecosystem. A new hub for early-stage companies The Hyderabad facility is designed to bring together startups, mentors and … Read more
The rupee is under pressure as importers step up aggressive dollar buying to pay for rising imports of precious metals, forex traders say. Surging global prices for metals such as gold and silver have pushed import bills higher, lifting demand for dollars and weighing on the local currency. Why importers are buying more dollars Global … Read more
Silver hits a fresh record on MCX March-delivery silver on the Multi Commodity Exchange (MCX) climbed ₹1,420, or 0.71%, to close at a new lifetime high of ₹2,00,362 per kg. This marked the metal’s fourth straight day of gains, underscoring growing momentum in the domestic futures market. What drove the jump? Traders and market watchers … Read more
What is the repo-linked lending rate (RLLR)? The repo-linked lending rate, often abbreviated as RLLR, is an interest rate that many banks use to price home loans. It is tied to the central bank’s policy repo rate — the rate at which banks borrow short-term funds from the central bank. When the repo rate moves, … Read more
A 10% reduction in daily flights has put fresh pressure on the carrier’s bottom line. Even though cutting capacity can save some immediate operating costs, the airline still needs to hire more pilots — a costly and time-consuming task that may limit any long-term savings and is worrying investors. What happened On Tuesday the airline … Read more
Precious metals rally after Powell’s comments tilt markets Precious metals jumped as Chair Jerome Powell’s remarks were interpreted as modestly dovish, prompting traders to raise expectations for further monetary easing. The shift in tone pushed bond yields lower and weakened the dollar, making gold, silver and other metals more attractive to investors seeking shelter and … Read more
How personal loan apps speed up borrowing Personal loan apps have changed how people borrow. Instead of visiting a bank branch or filling out long paper forms, you can complete the whole process on your phone. That simplicity makes borrowing faster, more convenient, and easier to track. Faster approvals and disbursements One clear advantage is … Read more
The U.S. government has agreed to buy six Boeing 737 jets to be used for deportation flights. The move is part of a broader effort to increase removals of people living in the country without legal status. What the purchase means Buying dedicated aircraft signals a shift toward more organized and large-scale removals. Dedicated jets … Read more
Rupee slides to become Asia’s weakest currency this year The Indian rupee has fallen nearly 6% year-to-date against the US dollar, making it the weakest currency in Asia so far this year. The slide comes as steep US tariffs, some as high as 50%, on Indian goods hit exports to the country’s biggest trading partner … Read more
Rupee Likely to Face Downward Pressure Forex traders expect the rupee to trade with a negative bias after the delay in a trade deal between India and the US. The setback has the potential to dent investor confidence and increase caution among foreign funds and currency traders. Why the delay matters A trade agreement can … Read more