IMF has reclassified India’s exchange-rate regime, two years after the Washington-based lender suggested the country’s central bank was intervening too heavily in the currency market. The IMF labelled the country’s de facto currency regime as “crawl-like arrangement”, marking a change from the previous “stabilised” classification, the agency said in a report released on Wednesday.A crawling…
VIJAYAWADA: Weeks after Google announced a $15 billion investment in Visakhapatnam for an AI hub, it’s now the turn of Digital Connexion – a JV of Reliance Industries, Brookfield, and Digital Realty – to commit $11 billion for a data centre.Digital Connexion signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) on Wednesday…
MUMBAI: RBI deputy governor Poonam Gupta defended the central bank’s inflation projections, saying there is “no systematic bias” in forecasts issued by the Monetary Policy Committee. Speaking at a workshop here on Wednesday, she said inflation forecasting is difficult everywhere, “equally challenging in India, if not more so”, because of the high food weight in…
AILET 2026 admit card: The National Law University (NLU) Delhi has released the admit card for the All India Law Entrance Test (AILET) 2026. Candidates who are set to appear for the examination can now download their hall ticket from the official website, nationallawuniversitydelhi.in.The AILET 2026 examination is scheduled to take place on 14 December,2025,…
Kotak Institutional Equities has a reduce rating on Kaynes Technology with the target price at Rs 6,180. Analysts said the company’s management was confident of achieving its revenue guidance of Rs 4,500 crore despite a weak Apr-Sept half year (H1FY26) on the back of a strong order book. The company also believes that ongoing working…
Bihar STET answer key 2025: The Bihar School Examination Committee has issued an advisory for candidates who wish to challenge the State Teacher Eligibility Test (STET) 2025 provisional answer key. The committee has extended the online objection window, allowing candidates to submit their challenges until 28 November 2025. The earlier deadline was 27 November 2025.The…
England’s Joe Root is bowled out by Australia’s Mitchell Starc in Perth. (AP/PTI Photo) The quickest Ashes Test in 137 years — a two-day shootout that saw 19 wickets tumble on the opening day — has been officially deemed a ‘very good’ pitch by the International Cricket Council (ICC). The verdict, delivered after Australia sealed…
South Africa’s captain Temba Bavuma addresses a press conference. (Image: PTI Photo/Shahbaz Khan) South Africa cricket team captain Temba Bavuma responded on Wednesday to head coach Shukri Conrad’s controversial “grovel” comments about India, suggesting the coach would review his remarks. The statement had drawn criticism from cricket legends including Anil Kumble and Dale Steyn due…
CHHATRAPATI SAMBHAJINAGAR: Amid rising tensions between the two constituents of the governing alliance in Maharashtra over alleged poaching of functionaries ahead of the upcoming local body polls, Shiv Sena minister Sanjay Shirsat has launched a scathing attack on Rajya Sabha MP Ashok Chavan of BJP.At a rally at Bhokar in Nanded district Tuesday night, Shirsat…
BENGALURU: In the Infosys buyback offer that closed on Wednesday, nearly 82.6 crore shares were tendered, compared to the 10 crore shares the company proposed to buy back, data from the NSE and BSE showed. The promoters of Infosys chose not to participate in the offer. The buyback, conducted through the tender offer route, is…
