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BusinessThe Reserve Bank of India raised the repo rate from 5.25% to 5.50% in its recent meeting. This increase is expected to prompt banks to raise fixed deposit interest rates, allowing customers to earn higher returns on their deposits. Detailed calculations indicate significant potential gains in maturity amounts across different deposit sizes with even small rate hikes.
Economic Times·
BusinessThe US government has suspended the PERM program, which is part of the green card process, for major IT companies including Microsoft, Infosys, Tata, Wipro, and others. The suspension follows allegations that these companies misused the H-1B work visa system. Investigations are ongoing. This move impacts many Indian IT professionals working in the US, as these firms have significant operations and workforce there.
News18Hi Business·
TechnologyDuring the Amazon Great Indian Festival 2026, Apple MacBooks are available at significant discounts. The MacBook Neo is discounted by over 14%, with an effective price around ₹65,451 after offers. The MacBook Air M5 15-inch variant with 512GB storage is priced at ₹1,66,990, down 7% from ₹1,79,900. The sale also includes discounts on the Mac mini M6, making it a good time to buy Apple laptops.
HT Tech·
PoliticsDelhi Lieutenant Governor Taranjit Singh Sandhu praised the Delhi Metro as a prime example of the deep India-Japan partnership. Speaking at the NDTV Indo-Japan Summit, he highlighted Japan's role through JICA in financing and technical cooperation since the Metro's early stages. Sandhu emphasized sustainable development and integrated growth to address Delhi's challenges like mobility, air quality, and climate change.
NDTV World··Delhi
PoliticsSecurity forces intensified counter-terror operations in Kashmir, arresting five LeT associates in Kulgam and uncovering a terrorist hideout in Handwara. A large cache of arms and ammunition was recovered during the raids, delivering significant blows to the terror network operating in the region.
Zee News Hindi·
TechnologyHCLTech has introduced a range of AI solutions tailored for various industries including banking, healthcare, life sciences, aerospace, retail, telecom, mobility, energy, and manufacturing. These solutions integrate deep domain expertise with AI capabilities to address high-value, industry-specific use cases, aiming to enhance operational efficiency and innovation across sectors.
Hindu Business·
Economic Times·
The Reserve Bank of India raised the repo rate from 5.25% to 5.50% in its recent meeting. This increase is expected to prompt banks to raise fixed deposit interest rates, allowing customers to earn higher returns on their deposits. Detailed calculations indicate significant potential gains in maturity amounts across different deposit sizes with even small rate hikes.
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