Month: August 2026
RBI’s FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion
New Delhi: The Reserve Bank of India‘s (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised…
Beyond PCs: Harish Kohli on Acer India’s rise and an ‘Acer House’ dream
The global semiconductor supply chain is notoriously unforgiving. Over the past twelve months, the broader tech industry has watched a component conundrum ripple across supply…
Anthropic and OpenAI’s agents created fake online profiles to target real people
In a sign of worrying artificial intelligence (AI) behaviour, Anthropic and OpenAI’s models have shown a propensity to social engineer their way into getting a…
Tariff rationalisation set to continue, more steps likely in FY28 Budget: FM
New Delhi: Finance minister Nirmala Sitharaman on Thursday said the government will continue to rationalise India’s import tariff structure and is likely to announce further…
India can raise per capita income six-fold by ’47: NITI Vice Chairman
New Delhi: India can increase its per capita income more than six-fold over the next two decades, making its goal of becoming a developed economy…
Gen X money crisis: Why America’s forgotten generation fears the US economy
Gen X is facing a major money and confidence crisis as it enters the middle years of life. Generation X, generally people in their 40s…
Why is the stock market down today? Dow, S&P 500, Nasdaq fall as oil, yields and earnings pressure stocks
US stocks fell on Thursday as investors became more careful. The Dow Jones Industrial Average fell 0.6%. The S&P 500 dropped 0.2%, while the Nasdaq…
Wakefit reports Rs 23 crore net profit in Q1, revenue up 17%
Mattress and furniture brand Wakefit reported operating revenue of Rs 405 crore in the April-June quarter of FY27, up 16.6% year-on-year (YoY) from Rs 347…
SpaceX stock faces pressure as 911.5 million shares unlock after record IPO
More than 900 million SpaceX shares are set to become available for trading on Thursday. Up to 911.5 million shares will be unlocked, allowing some…
Parl panel for early conclusion of India-US trade pact, tariff exemptions on key goods
New Delhi: India should conclude the proposed Bilateral Trade Agreement (BTA) with the US at the earliest while ensuring that its interests are adequately protected,…