Representative Image (AI-generated) Alaska’s largest city has reached a USD 2.1 million settlement with the family of a 16-year-old girl who was holding a knife last August when she was fatally shot by a police officer.Anchorage Mayor Suzanne LaFrance’s office said in a statement Thursday the settlement followed a meeting between police chief Sean Case…
The Indian rupee declined by 22 paise to close at 85.54 against the US dollar on Thursday, pressured by strong demand for the greenback from importers and continued foreign fund outflows. However, gains in domestic equities and a fall in crude oil prices helped limit the currency’s losses, according to forex traders.At the interbank foreign…
Pakistan cricket team (PTI Photo) NEW DELHI: The Pakistan Cricket Board (PCB) has announced that it is set to earn a profit of approximately USD 10 million by hosting the Champions Trophy, where the Indian team emerged as the champion. According to PCB spokesperson Aamir Mir and Chief Financial Officer (CFO) Javed Murtaza, all expenses…
India’s foreign exchange reserves saw a significant jump of USD 15.267 billion, reaching a total of USD 653.966 billion during the week ending March 7, marking the largest increase in over two years. This surge follows a decline of USD 1.781 billion in the previous week, which brought reserves down to USD 638.698 billion, news…
NEW DELHI: Spending on Artificial Intelligence (AI) technologies will grow at 2.2x the rate of overall digital technology spending in the next three years, generating an India economic impact of over USD 115 billion by the end of 2027, according to a latest report by International Data Corporation (IDC).IDC further predicts that by 2027, company…
MUMBAI: The rupee closed at a record low of 85.77 against the dollar on Friday, marking its ninth consecutive week of losses. The decline is attributed to the drop in the Chinese yuan, which weakened past the 7.3 mark, as well as the dollar’s rise.The rupee hit its lowest intraday level at 85.80, before settling…