Business Finance
The Indian rupee fell to a fresh record low against the US dollar, weakening past previous lows amid strong dollar demand and ongoing selling pressure from foreign investors. The depreciation reflects continued stress in the foreign exchange markets and cautious investor sentiment. Foreign Outflows and Market Impact Sustained foreign portfolio outflows from Indian equities
International
US President Donald Trump claimed that the United Kingdom has up to 500 years of oil and gas reserves left in the North Sea, criticising British energy policy and calling for increased fossil fuel production. The remarks were made during a public interaction on global energy issues. Reality of North Sea Reserves Available official assessments […]
Business
The Supreme Court has issued notices to industrialist Anil Ambani and companies linked to the Anil Dhirubhai Ambani Group in a public interest litigation alleging large-scale banking and corporate fraud. The court granted a final opportunity to the concerned parties to appear and submit their responses. Directions to Agencies The court directed investigating agencies,
International
French President Emmanuel Macron raised concerns over Chinese products during remarks on global trade, pointing to issues related to market imbalance and the impact of Chinese manufacturing on European industries. He said Europe expects fair competition and greater reciprocity in trade and investment flows. China’s Response China responded by rejecting the suggestion that
Business
Amazon is preparing to announce a fresh round of corporate job cuts as early as next week, as part of a broader plan to reduce its white-collar workforce by nearly 30,000 roles. The move is part of ongoing cost-cutting and restructuring efforts across the company. Teams Likely Affected The planned layoffs are expected to impact […]