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Get the appGetThe Indian rupee rose 19 paise to close at 95.17 against the U.S. dollar, reaching its highest level in over a month. The Reserve Bank of India (RBI) introduced foreign exchange curbs to curb volatility, with Governor indicating that more measures could follow. The RBI's FERR rule pressures banks' foreign exchange hedges, prompting lenders to seek alternatives to the 20% cash reserve requirement.
Moneycontrol.com·
The Urban Development Department (UDD) has rejected the Bengaluru Development Authority's (BDA) proposal to upgrade four deputy secretary posts to zonal commissioner posts, citing BDA Cadre and Recruitment Rules. The BDA submitted the proposal on December 8, 2025. The UDD clarified that while the posts won't be upgraded, the BDA can still create zonal offices headed by deputy secretaries.
Deccan Herald··Bengaluru
SportsPhoto: Hindu SportSai Sudharsan revealed that national selectors advised him to participate in the Ranji Trophy as preparation for India's upcoming New Zealand tour. After playing for India-A in Puducherry, he arrived in Jaipur for Tamil Nadu's Ranji opener against Rajasthan on October 10. He has been studying old Test videos to understand New Zealand conditions, expecting windy weather and good bounce similar to England.
Hindu Sport··Jaipur
BusinessPhoto: Business StandardAccenture aims for mid-single-digit revenue growth in constant currency for fiscal years 2027 and 2028, expecting growth to rise to high single digits by fiscal year 2029. CEO Julie Sweet highlighted that AI service demand will offset current industry revenue pressures. The company plans to expand operating margins while investing heavily, signaling confidence after beating Q4 analyst expectations.
Business Standard·
PoliticsPhoto: News18 WorldA British contractor exploited remote work policies to hold five full-time civil service jobs simultaneously, collecting multiple public-sector salaries while doing little actual work. The fraud involved using cosmetic makeup to fake chronic illness during video calls, avoiding suspicion. The scheme was uncovered after audits detected overlapping digital credentials and identical bank accounts, revealing hundreds of thousands of pounds in taxpayer money were siphoned.
News18 World·
PoliticsPhoto: Deccan HeraldThe Greater Bengaluru Authority (GBA) has invited public suggestions and objections to its proposed road circulation network for the local planning area, allowing 60 days for feedback. Although the state government approved the maps on September 9, the GBA has not yet uploaded these maps online, unlike the Bengaluru Development Authority, making it difficult for citizens to review and file informed objections. Maps are available only at city corporation offices.
Deccan Herald··Bengaluru
Moneycontrol.com·
The Indian rupee rose 19 paise to close at 95.17 against the U.S. dollar, reaching its highest level in over a month. The Reserve Bank of India (RBI) introduced foreign exchange curbs to curb volatility, with Governor indicating that more measures could follow. The RBI's FERR rule pressures banks' foreign exchange hedges, prompting lenders to seek alternatives to the 20% cash reserve requirement.
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