The Indian rupee weakened by 10 paise to a record low of 85.12 against the US dollar on Monday, marking a significant decline in its value. The domestic currency opened at 84.85, according to Bloomberg data, and had closed at 85.02 on Friday. This continued depreciation comes amid rising global pressures, including an increase in Brent crude prices, which rose 0.41% to $73.24 per barrel. The rise in crude prices was partly driven by easing concerns about a potential US government shutdown and

Billionaire Jeff Bezos has refuted reports claiming that his upcoming wedding to fiancée Lauren Sánchez will cost $600 million. Addressing the rumors on social media platform X, Bezos labeled the claims as "completely false" and cautioned the public against believing such misinformation.  Investor Bill Ackman also expressed skepticism, suggesting that such a sum would be implausible "unless you are buying each of your guests a house." Bezos con

In a move to improve efficiency, Google has reduced its managerial staff by 10%, including roles at the manager, director, and vice president levels. This decision is part of a broader initiative to streamline the company and address increasing competition from AI-driven companies like OpenAI. CEO Sundar Pichai discussed these cuts during an all-hands meeting, stating that some employees would be reassigned to individual contributor roles, while others would face position eliminations.

In a shocking incident from West Godavari district, a woman named Naga Tulsi received a parcel containing the body of an unidentified man instead of the promised electrical appliances. Tulsi had earlier applied for financial assistance from the Kshatriya Seva Samithi to construct her house and had been assured of receiving lights, fans, and switches. However, when she opened the package delivered to her doorstep, she found a male body inside, which led to immediate panic. The police

On Friday morning, a devastating collision between a gas tanker and multiple vehicles on the Jaipur-Ajmer highway resulted in a massive fire, claiming at least eight lives. CCTV footage captured the horrifying moments as thick black smoke filled the street, followed by an explosion minutes after the crash. The inferno caused by the collision affected a nearly 300-meter stretch of the highway, causing traffic disruptions with a long line of vehicles stuck in the aftermath. More than 30 vehicle

 Elon Musk, the world's wealthiest individual, is increasingly becoming involved in global politics, extending his influence far beyond the business world. In recent developments, Musk has met with Nigel Farage, the leader of the Reform UK party, to discuss possible financial support, with Musk considering a $100 million donation to help the party. Farage has expressed admiration for Musk's political strategies, especially his cash incentives to encourage voter turnout, a tactic

How AI Is Uniquely Revolutionizing the NRI Connection to India Artificial Intelligence (AI) is not just making life easier for NRIs but is opening doors to innovative and less-explored opportunities for staying connected with India. Beyond the common uses of communication and entertainment, AI is diving deep into areas like cultural preservation, hyper-personalized investments, and even emotional health support. Here’s a fresh perspective

As the world evolves, so do the challenges faced by Non-Resident Indians (NRIs). The year 2025 brings unique obstacles for Indians living abroad, ranging from navigating financial complexities to maintaining strong ties with their cultural roots. Here, we explore the top five challenges NRIs face in 2025 and provide practical solutions to overcome them. 1. Economic Uncertainty and Financial Planning The global economy continues to fluctuate, with rising

Ircon International Ltd. has announced the appointment of Alin Roy Choudhury as its Chief Financial Officer (CFO) and key managerial personnel, effective January 1, 2025. Choudhury, who is currently the Chief General Manager of the finance division at the company, will succeed B Mugunthan. Mugunthan will be repatriated to the Ministry of Railways on December 31, 2024. Choudhury, a qualified cost and management accountant, has extensive experience spanning over 30 years in various do

The Bharat Mobility Global Expo, scheduled for January 17-22, 2025, is poised to become the world's largest event in the automotive sector, with over 1,500 exhibitors and an expanded exhibition space of 200,000 square meters. This second edition of the expo will bring together leading global vehicle manufacturers, showcasing electric, hybrid, and fuel-efficient vehicles, as well as advanced automotive technologies. The event will include the unveiling of new models and electric vehicles f

A New York judge recently denied US President-elect Donald Trump's request to have his conviction for covering up hush money payments to a porn star thrown out on the grounds of presidential immunity. Judge Juan Merchan ruled that the immunity typically granted to presidents for official actions does not apply to the conduct involved in this case, which he deemed as "unofficial." This ruling keeps Trump's felony conviction intact, despite his legal team's attempt to use

India’s economy has consistently been a focal point for Non-Resident Indians (NRIs) seeking long-term investment opportunities. With its rapid economic growth, demographic dividend, and government reforms, India offers several promising sectors for NRIs to invest in. Himanshu Kohli, an expert in wealth management, highlights the top four sectors that provide significant potential for long-term returns. 1. Real Estate The Indian real estate m

Australia is introducing new rules to compel large tech companies, including Google, Meta, and TikTok, to pay local publishers for news content. These companies, whose annual Australian revenue exceeds $250 million, will need to negotiate commercial deals with media organizations or face increased taxes. This move builds on the world-first law passed in 2021, which forced tech giants like Meta and Google to pay for news content shared on their platforms. The new rules aim to pressur

Sanjay Malhotra, a 1990-batch IAS officer from Rajasthan, has been appointed as the 26th Governor of the Reserve Bank of India (RBI), succeeding Shaktikanta Das. The government announced that Malhotra will take charge from Wednesday for a term of three years. With a background in computer science from IIT Kanpur and a Master's in Public Policy from Princeton University, Malhotra has had a distinguished career spanning over three decades in various sectors, including finance, taxation, pow

Brian Thompson, the CEO of US-based UnitedHealthcare, was fatally shot outside the New York Hilton Midtown hotel on Wednesday morning. Thompson, 50, was walking toward the hotel to deliver a keynote address at an investor conference when a gunman ambushed him. Surveillance footage captured the suspect, a white male wearing a hooded jacket and a black mask, approaching Thompson from behind and firing several shots with a semi-automatic handgun fitted with a silencer. Thompson was str

Gujarat opener Urvil Patel has made history by smashing his second T20 century in just six days, achieving the feat in the Syed Mushtaq Ali Trophy against Uttarakhand at the Emerald High School Ground. Patel reached his hundred in just 36 balls, leading Gujarat to an easy eight-wicket win in 13.1 overs. His 115* off 41 balls, which included eight fours and 11 sixes, propelled Gujarat to chase down 183 with 41 balls to spare. This remarkable feat comes just a week after Patel scored

PV Sindhu, the renowned double Olympic medallist badminton player, is all set to marry Venkata Datta Sai, an executive director at Posidex Technologies, on December 22, 2024, in Udaipur. The announcement comes just days after Sindhu clinched the Syed Modi International title, marking the end of her long trophy drought. Wedding events will commence on December 20, with a reception planned in Hyderabad on December 24. Sindhu’s father, PV Ramana, explained that the fami

In a rain-affected pink-ball warm-up match in Canberra, Sam Konstas emerged as the standout performer for Australia's Prime Minister's XI, scoring a brilliant century against the Indian side. Despite India's dominance throughout the fixture, Konstas showcased his potential as a promising cricketer, drawing attention to his skills and his confidence in facing top-level bowling. Notably, India’s marquee pacer Jasprit Bumrah was rested from the practice match, meaning Konstas d

The Indian Rupee has depreciated to a record low of 84.61 against the US Dollar, marking a fresh setback for the currency. This comes after former US President Donald Trump's threat to impose a 100% tariff on BRICS nations if they fail to continue using the US Dollar. Trump's demand for a commitment from BRICS countries not to create a new currency or back alternatives to the dollar has put additional pressure on global markets, including the Indian Rupee. Along with this geopolitical

A controversy has erupted surrounding director Ram Gopal Varma (RGV), with reports claiming that the Andhra Pradesh police are searching for him, suspecting him of evading arrest. However, RGV has strongly denied these rumors. In a recent statement, he clarified that he is not absconding but is working on film-related tasks. He went on to state that no one had attempted to arrest him and that the police had never raided his office, famously known as 'Den' in Hyderabad. Addre