The rupee has recovered sharply following the RBI’s announcement. RBI has record forex reserves, but why is rupee still not out of the woods?The rupee gained a stunning 1% at the start of trading on Monday after the Reserve Bank of India (RBI) eased pressure on the currency by shifting oil companies’ dollar purchases away…
Global stock markets opened on a mixed note on Monday as investors braced for the earnings season. South Korea’s benchmark index fell 2.2%, while Taiwan’s shares slipped 0.5%. MSCI’s broadest index of Asia-Pacific shares excluding Japan declined 0.3%, while China’s blue-chip index edged up 0.1%. In the US, S&P 500 futures rose 0.3% and Nasdaq…
In 1999, five landowners decided to develop their property into an IT park and SEZ zone. (Image for representative purpose only) What constitutes tax avoidance? In a recent ruling, five Bangalore landowners have secured relief from ITAT in an income tax dispute over alleged undisclosed rental income.They established that the building belonged to their partnership…
Russian diesel supplies ease market concerns. Oil prices fell on Monday as expectations of additional Russian diesel supplies and a possible halt to attacks on energy facilities in the Russia-Ukraine conflict eased some concerns over supply. However, continued tensions in the Middle East kept Brent crude above $100 a barrel.Brent crude futures fell $1.54, or…
Representative AI image of a deep-sea exploration mission, showing underwater researchers and robotic submersibles illuminating a unique geological formation on the dark ocean floor. Image Credits: Google Gemini. The deep sea has a habit of turning ordinary expectations upside down. In 2014, scientists exploring the Gulf of Mexico sent a remotely operated vehicle towards what…
Photo credit: Mia Ring/Pacific Legal Foundation A Washington farmer who returned to his family’s farm in 1984 is challenging a long-running dispute with the state Department of Ecology after penalties over irrigation threatened the future of his agricultural business. Ron Fodé and his wife, Robin, say the agency refused to help them find a lawful…
Taylor Swift’s $4 million gift to the Country Music Hall of Fame and Museum in 2012 helped create a dedicated education centre in Nashville. The space was designed for more than music lessons: it would give children and families room to learn, experiment and engage with country music’s history. Fourteen years later, the centre is…
Pennsylvania data centre (Representative AI image) Wisconsin homeowner Jerry Zelenka has rejected a $131,000 offer from American Transmission Company (ATC). The money was offered for a proposed power line that would cross his property in Fredonia, Wisconsin, to supply electricity to a planned data centre in nearby Port Washington. Zelenka said the latest proposal calls…
Located at 29310 Martelly Way in the Commons at Lake Houston community, the estate was designed to accommodate Foreman’s growing collection of more than 40 cars. A home can hold more than furniture and family photographs. Sometimes, it preserves the rhythms of a life lived on a grand scale. At the former Texas estate of…
Top stocks to buy in the week starting October 12, 2026. Stock market recommendations: Bajaj Finance, Molbio Diagnostics – these are the top stocks to buy that Motilal Oswal Wealth Management Research Desk has picked for the week starting October 12, 2026. Below are the details: NAME CMP (Rs) TP (Rs) Upside (%) Bajaj Finance…
