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BusinessPhoto: Economic TimesFinance Minister Nirmala Sitharaman stated that the RBI may take additional steps to curb rupee volatility, emphasizing that the goal is to stabilize the currency, not fix its value. The rupee saw its largest single-day gain in six months after the RBI introduced curbs to reduce dollar demand and intervened by selling dollars in the market.
Economic Times·
BusinessPhoto: ET MarketsIndia's benchmark government bond yield has rebounded after a four-day decline, attracting value investors back to the market. The rise in yields follows a central bank policy rate hike and liquidity measures. The rupee has also appreciated against the dollar due to new central bank support measures. Traders await upcoming US inflation data that may impact Federal Reserve decisions.
ET Markets·
BusinessPhoto: MintA recent study reveals that 197 million Indian workers are highly exposed to automation risks, while 46 million could gain from AI-driven productivity improvements. States like Kerala, Haryana, Maharashtra, and Tamil Nadu are better positioned to benefit, whereas Uttar Pradesh, Bihar, Jharkhand, and Madhya Pradesh face greater challenges from automation.
Mint·
WorldPhoto: Times of IndiaA 79-year-old woman in Mumbai lost Rs 11.7 lakh after attempting to buy dry fruits worth Rs 248 via a WhatsApp advertisement. A caller pretending to be a company representative convinced her to make 13 UPI transfers, resulting in the significant financial loss despite increased scam awareness.
Times of India··Mumbai
WorldPhoto: NDTV WorldIn the flydubai case, passenger Assaf testified that crew members attempted to loosen the accused pilot's restraints and prevented passengers from filming. He also stated that the crew tried to put a mysterious pill into the mouth of the injured Indian captain, raising new concerns about the incident.
NDTV World·
EntertainmentPhoto: NDTV MoviesMohini Dey, a renowned bassist from Mumbai, will perform at the NDTV World Summit in New Delhi on October 22 as part of the opening act. Starting bass guitar at age nine, she was mentored by jazz legend Louis Banks and toured with Ranjit Barot. Dey released her debut album in August 2023 and has collaborated with artists like A. R. Rahman and Willow Smith.
NDTV Movies··New Delhi
Economic Times·
Photo: Economic TimesFinance Minister Nirmala Sitharaman stated that the RBI may take additional steps to curb rupee volatility, emphasizing that the goal is to stabilize the currency, not fix its value. The rupee saw its largest single-day gain in six months after the RBI introduced curbs to reduce dollar demand and intervened by selling dollars in the market.
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