New Delhi: Foreign investment inflows and the increase in oil prices will influence the movement of Indian rupee to a limited extent this week, traders said. Friday’s closing price of 95.8725 was 0.3% lower for the week, and prospects for the rest of this week are 95.30 to 96.00. The foreign investor inflows and central bank support are supporting the stabilization of the rupee. But the dollar remains well supported by currency buyers importers and high oil prices and tension in the Middle East are holding it back, however, from climbing any further. India imports majority of its crude oil,…
Author: Punit Panchal
New Delhi: Chinese President Xi Jinping is in Washington this week for a meeting with US President Donald Trump. There have been a lot of changes since the two leaders last met 4 months ago. The trade victories that China has won with the rest of the world have been swift, and Trump’s approval numbers are low in the United States. The turnaround has diminished the expectations of achieving the top spot, analysts say, as Xi is under no pressure to “drop” anything and Trump is restrained by a particularly high cost war with Iran that has alienated both him…
New Delhi: Have you ever noticed that the same photo from an iPhone and share it on Instagram and Snapchat or an Android phone and share the same photo there? The beauty and clarity of the photo may appear fine on the iPhone but garbled on the Android phone, even if the camera system specs are better on the Android phone. It’s not in your head and it’s not really about which phone is a “better” photographer. Actually, what these applications make of your camera is really the sign of two different approaches from Apple and Google. The Screenshot trick…
New Delhi: Thousands of workers at Apple Stores in Italy went on strike Friday. They decided to make it a big day as well, the day of Apple’s new iPhone 18 Pro launch, which is one of the busiest days in the year for sales. More than 1,600 employees at all 17 Apple stores in Italy joined the strike, according to labor union Fisascat CISL. The Filcams CGIL, Fisascat CISL and Uiltucs trade unions announced their members would not work for the day, but would remain outside the stores with their signs and flags. Outside of Apple’s famous glass cube…
New Delhi: Oracle is up for some fresh cash woes and they have a big data center project in New Mexico that could cost them heavily. Several reports that banks now have the loans attached to this project at a premium cost of 89-91 cents on the dollar, reflecting an increase in risk as a result of the deal. Santander and Jefferies are among the banks involved in the deal. The data center is being known as “Project Jupiter. It is located on 1,400 acre parcels within the boundaries of Doña Ana County, New Mexico. The property is leased to…
New Delhi: Earlier this year during a cybersecurity testing, Google’s AI system called Gemini breached the computers of three companies. According to the report, this is the first instance of a Google AI taking on its own to hack another company. What happened The incident took place in May. Irregular, a company that conducts independent cybersecurity testing for AI labs, was running the tests on Gemini. The Gemini used a search engine to look up information on the Web in this test and assisted with entry into three separate Web sites. The system thought that these sites were designed within…
New Delhi: The European Union (EU) is advancing a new waste law which may prevent India from buying metal scrap from the EU. This has continued to concern Indian steel and aluminium manufacturers which rely on this steel waste to a great extent as a raw material. The EU will revise going to its Waste Shipment Regulation so that it will bans the export of non-hazardous waste, including metal scrap, to non-OECD countries (mostly developed) from May 2027. India is not a member of the OECD and thus may miss this vital source if it fails to gain special permission.…
New Delhi: US President Donald Trump has decided to keep the $100,000 fee on H-1B work visas for another year. This charge, which was first introduced in September 2025 and that was scheduled to expire this month, was to expire this month. Trump’s delay has extended the window for the expensive rule, which will keep foreign workers at the mercy of companies. The H-1B visa provides an opportunity for foreign workers in skilled occupations (engineers, scientists, computer experts, and more) to enter the United States through the H-1B option. These visas are generally just a couple of thousand dollars. But…
New Delhi: Prime Minister Narendra Modi has been called the UAE President Sheikh Mohamed bin Zayed Al Nahyan on the phone call to discuss the intensive and escalating tensions in West Asia. In that phone call, PM Modi has conveyed his eid wishes to the UAE leader and the two discussed the prevailing situation in the region. PM Modi has again voiced the strong objections to the attacks on the UAE, which has been resulted in the loss of innocent lives and damage to the buildings and other civilian property. He has also affirmed India’s steadfast support for the UAE…
New Delhi: The tensions that have risen in the Strait of Hormuz have made it a risky trade route for Indian businesses, making the Sohar Port a better option for them to use. Oman is currently looking at the inviting Indian companies for the investments in the port, the free zone and the industrial zone surrounding it. Sohar Port is been located on the coast of the Gulf of Oman, in Oman. This area is outside the Strait of Hormuz and ships can going to enter into the trade hubs in the Gulf without by travelling via the narrow straits,…

