MUMBAI: Forex dealers expect a gap opening in the rupee-dollar exchange rate, with the domestic unit likely to record its sharpest gain in recent times. However, there is also a looming market freeze, with RBI’s aggressive anti-speculation measures risking paralysis of legitimate market-making, choking interbank liquidity and inadvertently penalising genuine corporate hedgers.Oil companies, normally the…
NEW DELHI: Foreign investors have withdrawn Rs 44,166 crore from Indian equities so far in Oct, bringing the total outflows this year to more than Rs 3 lakh crore as elevated crude oil prices, a firmer US dollar and higher US bond yields weigh on investor sentiment. Also, the AI-led rally in North Asian markets…
NEW DELHI: India’s smartphone market is expected to witness a 12% decline in sales (by volumes) this festive season, even as the overall market value is projected to grow 5%, reflecting a shift towards pricier devices and longer replacement cycles, according to Counterpoint Research.Rising memory costs have pushed up smartphone prices, prompting consumers to defer…
BENGALURU: Infosys said the US Department of Labor’s suspension of new and pending applications under the Permanent Labor Certification (PERM) programme for certain companies, including the IT services major, is unlikely to have a material impact on its operations.In a statement to the stock exchanges, the company said it was aware of the decision and…
Filmmaker Imtiaz Ali believes there will never be another Amitabh Bachchan, and he feels lucky to have grown up in the era the legendary actor defined. He also hopes to collaborate with him on a film one day. Bachchan, among the biggest stars Indian cinema has seen, with a career spanning over five decades, celebrated…
Actor Aegan has spoken openly about privilege, nepotism and the flak he has faced on social media. While addressing the promotional event for his upcoming film ‘Haiku’, actor Aegan acknowledged that being a producer’s son has given him certain privileges that actors without industry connections may not enjoy. However, he maintained that his journey has…
Rajinikanth is all set to have another box office success run with the movie ‘Jailer 2’, which is showing positive advance booking figures before its release. The action entertainer has managed to create a lot of buzz amongst the fans with a major chunk of the opening day collections coming from overseas pre-sales. The movie…
Farah Khan’s YouTube vlogs, in which she visits celebrity homes, have made her cook Dilip a star in his own right. Many viewers love his effortless humour, humble nature and sharp banter with Farah. Comedian Cyrus Broacha, though, recently admitted that he doesn’t care for Dilip, saying his presence in the vlogs now seems scripted…
Amitabh Bachchan celebrates his 84th birthday today, October 11, and wishes have been pouring in from the film industry and fans across the world. Joining them, daughter-in-law Aishwarya Rai Bachchan took to Instagram to share an adorable, unseen picture of the veteran actor with his granddaughter, Aaradhya Bachchan.Sharing the photograph, Aishwarya wrote, “✨🎊Happy Birthday dearest…
Manchester City’s Erling Haaland celebrates after scoring his side’s opening goal during the English Premier League soccer match between Liverpool and Manchester City in Liverpool, England, Sunday, Oct. 11, 2026. (AP Photo/Jon Super) Erling Haaland’s new home in Abu Dhabi puts the Manchester City striker in a position where securing a 10-year UAE Golden Visa…
