India’s rupee will not drop past the 84-per-dollar mark even if the greenback strengthens further from current levels as the nation’s central bank will step in to defend the currency, according to Standard Chartered Plc. “The Reserve Bank of India has been protecting rupee from depreciating very sharply,” Parul Mittal Sinha, head of India financial … Read more
Sir James Dyson has criticised the government for not “going for growth” after the latest official figures revealed an increasing likelihood of a recession in the UK. The inventor said wealth generation and growth had become “dirty words” while praising the economic policies of former chancellor Kwasi Kwarteng and former prime minister Liz Truss, whose … Read more
(NewsNation) — The U.S. Postal Service is cracking down on mail theft this holiday season by installing 12,000 high-tech collection boxes in different parts of the country. Thefts from the iconic blue mail collection boxes made up more than 25,000 of the mail theft incidents that occurred in the first half of the 2023 fiscal … Read more
Millions of Australians receiving government payments will have their benefits increase in the coming weeks, as the nation deals with a mounting cost-of-living crisis. The rise is part of the twice-yearly indexation of welfare payments, designed to keep payments in line with the rising cost of living. From September 20, welfare recipients are in line … Read more
The Congress on Sunday released its second list of 43 candidates for the November 25 Rajasthan assembly elections, fielding former chief secretary Niranjan Arya from the Sojat (SC) seat. State ministers Govind Ram Meghwal and B D Kalla have been fielded from Khajuwala (Scheduled Caste) and Bikaner West, respectively. Minister of State for Higher Education … Read more
Amid all the hysteria about ChatGPT and co, one thing is being missed: how energy-intensive the technology is What to do when surrounded by people who are losing their minds about the Newest New Thing? Answer: reach for the Gartner Hype Cycle, an ingenious diagram that maps the progress of an emerging technology through five … Read more
Mortgage holders can breathe a sigh of relief with the Reserve Bank of Australia holding steady on interest rates for a third consecutive month. But the outgoing governor has warned that an uncertain financial outlook could force the central bank’s hand in the near future. The RBA board met on Tuesday and decided against hiking … Read more
Dehradun: Congress leader Rahul Gandhi organised a ‘bhandara’ in Kedarnath and served food to devotees on Monday, the second day of his three-day “personal” visit to the Himalayan temple. The Congress leader visited the grand statue of Adi Shankaracharya near the Kedarnath temple and offered prayers there in the morning. Later in the day, he … Read more
Sadiq Khan has pledged to send 4x4s and other vehicles to Ukraine that would otherwise be scrapped under the Ulez scheme. The mayor of London has asked the transport secretary, Mark Harper, to enable people to donate suitable vehicles to Ukraine through scrappage schemes. The mayor had previously made it clear he did not believe … Read more
A stronger helping hand from government to keep prices stable and the economy humming has been offered up as a parting suggestion by outgoing Reserve Bank governor Philip Lowe. In his final speech as governor, Lowe said more flexibility to pull spending and taxing levers to manage the economy and keep inflation stable could “help … Read more
