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BusinessPhoto: Mint MarketsThe RBI's new steps to supply dollars directly to state-run oil firms and limit speculative currency trading are expected to strengthen the rupee in the short term. However, experts warn that high oil prices, capital outflows, and weak external balances will continue to exert downward pressure on the currency.
Mint Markets·
EntertainmentPhoto: News18Hi EntertainmentBigg Boss 20 makers introduced a major twist by bringing in social media star Nakul Dhull, also known as Mitthu Don from Faridabad, as the second wild card contestant. Known for his candidness and fitness, Nakul caused a stir immediately after entering the Bigg Boss house, generating significant buzz.
News18Hi Entertainment··Faridabad
BusinessPhoto: Economic TimesTCS CEO K Krithivasan stated that about 50% of AI-driven deflation has already been absorbed by Tata Consultancy Services, amounting to $30 billion. He expects the remaining deflation to occur over the next 18 months. Despite geopolitical challenges limiting client budget growth, TCS anticipates increased spending on AI and modernization from its customers.
Economic Times·
PoliticsPhoto: Aaj TakDelhi Police registered an FIR following a complaint by the Delhi Sikh Gurudwara Management Committee. The committee's president submitted a written complaint naming Arvind Kejriwal and other AAP leaders. The FIR was filed based on this complaint, marking a significant development involving political figures and the religious committee.
Aaj Tak··Delhi
TechnologyPhoto: NDTV BusinessLila Ibrahim, COO of Google DeepMind, discussed the existential risks posed by artificial intelligence and emphasized the need for transparent acknowledgment and management of these risks. She highlighted the Frontier Safety Framework, which guides research, policy development, and external evaluations to ensure AI is developed responsibly and safely. Ibrahim stressed ongoing open conversations about AI risks are essential for safe technological advancement.
NDTV Business·
WorldPhoto: NDTV BusinessIran has rejected the US response to its seven conditions for reopening the Strait of Hormuz, citing unresolved disagreements. Qatar is mediating amid rising tensions that threaten global energy supplies and shipping routes. Recent ship attacks in the region have deepened the deadlock between the parties involved.
NDTV Business·
Mint Markets·
Photo: Mint MarketsThe RBI's new steps to supply dollars directly to state-run oil firms and limit speculative currency trading are expected to strengthen the rupee in the short term. However, experts warn that high oil prices, capital outflows, and weak external balances will continue to exert downward pressure on the currency.
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