Rupee at record low: Markets eye RBI’s next move as currency breaches 89; corporates’ worries mount – The Times of India

Rupee at record low: Markets eye RBI’s next move as currency breaches 89; corporates’ worries mount – The Times of India

The rupee’s trajectory has become a key concern for financial markets. Banks have reduced trading exposures, while numerous importers with large unhedged positions are facing losses. Corporates engaged in over-the-counter forex derivative transactions, anticipating stable rupee levels, are reportedly worried as the currency crosses 89. The financial sector remains uncertain whether the Reserve Bank of…

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Taller than Mount Everest: Scientists discover the Earth’s largest mountains, but no one could ever see them | – The Times of India

Taller than Mount Everest: Scientists discover the Earth’s largest mountains, but no one could ever see them | – The Times of India

Hidden deep inside the Earth, far beyond the reach of human exploration, scientists have revealed the existence of colossal mountain-like structures that make Mount Everest look tiny in comparison. A recent study published in Nature unveiled these formations, buried nearly 1,200 miles beneath our feet, known as Large Low Shear Velocity Provinces (LLSVPs). Each is…

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Russia’s biggest Kyiv attack: EU building damaged, casualties mount

Russia’s biggest Kyiv attack: EU building damaged, casualties mount

Russia launched a significant strike on Kyiv, Ukraine, resulting in extensive damage and casualties. The latest attack, described as the biggest on Kyiv since the full-scale invasion began, hit civilian and residential buildings, including a new EU delegation building and the British Council office. Reports indicate 10 people lost their lives, among them three children,…

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Troubles mount! One in six NRIs on H-1B visas feel threat of US deportation; many thinking of returning to India: Poll – Times of India

Troubles mount! One in six NRIs on H-1B visas feel threat of US deportation; many thinking of returning to India: Poll – Times of India

H-1B visa trouble: A growing number of Indian professionals in the US on H-1B visas are facing an unexpected and alarming threat of deportation landing on their doorsteps before the official 60-day grace period even runs out. Laid off and staring down the barrel of a possible permanent US ban, many say it feels like…

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Troubles mount! Russia-backed Indian oil refinery reels from EU sanctions blow; Nayara faces new challenges as shippers look to end contracts – Times of India

Troubles mount! Russia-backed Indian oil refinery reels from EU sanctions blow; Nayara faces new challenges as shippers look to end contracts – Times of India

Nayara Energy, operates India’s third-largest refinery and supplies petroleum products both domestically and internationally. (AI image) EU sanctions on Russia oil have started causing troubles for Russia-backed Indian refinery Nayara Energy. After news of shipping operators showing reluctance to work with Nayara and Microsoft’s abrupt suspension of IT services for the company, it has come…

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