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BusinessFollowing the Reserve Bank of India's policy meeting, dollar-rupee forward premiums reached their highest level in six months. Traders anticipate more foreign exchange swaps as part of RBI's liquidity management, pushing the spot USD/INR rate up by 0.28%, nearing its historical peak. These market changes highlight RBI's significant influence on currency trading.
ET Markets·
BusinessThe Commerce Department of India has established a utility cell to raise awareness among domestic industries about opportunities from Free Trade Agreements (FTAs). Commerce Secretary Rajesh Agrawal stated the cell aims to help Indian businesses strengthen their global market presence by explaining FTA benefits. The initiative involves industry bodies, export councils, and state governments. India has finalized trade deals with EFTA, New Zealand, Mauritius, UAE, Australia, Oman, the EU, and the UK.
Amar Business·
PoliticsThe Gauhati High Court acquitted a mother sentenced to life imprisonment for killing her 38-day-old baby. The court rejected the confession made to police, suspecting it was given under pressure. It also seriously considered the possibility of postpartum psychosis but did not conclusively determine if the woman suffered from it. The trial court's conviction was overturned.
News18 Hindi··Guwahati
EntertainmentAyesha Takia gained early recognition at age 15 with Falgunie Pathak's music video 'Meri Chunar Ud Ud Jaye.' She acted alongside stars like Abhay Deol and Salman Khan in hit films. However, before releasing a major blockbuster, she quit acting, married a businessman, and later joined her husband Farhan in the restaurant business, taking a break from films.
News18Hi Entertainment·
HealthA viral video shows actor Vidyut Jammwal with tears streaming down his face during a promotional event for his Hollywood film Street Fighter. Contrary to speculation, he was not crying but practicing Trataka, an ancient yogic gazing technique to build focus and still the mind. Yoga expert Sonakshi Dhamija confirmed this, explaining Trataka involves staring at a point without blinking to enhance concentration.
HT Health·
ScienceConservation efforts have successfully re-established the greater one-horned rhinoceros in Assam’s Manas National Park after it was once wiped out there. The species was brought back through wild-to-wild translocation and rehabilitation programs. A recent study shows encouraging signs of adaptation in the restored habitat. The rhino, native to India and Nepal, is classified as vulnerable by the IUCN and receives the highest legal protection in India.
Mongabay India··Manas National Park
ET Markets·
Following the Reserve Bank of India's policy meeting, dollar-rupee forward premiums reached their highest level in six months. Traders anticipate more foreign exchange swaps as part of RBI's liquidity management, pushing the spot USD/INR rate up by 0.28%, nearing its historical peak. These market changes highlight RBI's significant influence on currency trading.
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