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Today’s News Headlines, Explore the latest news, opinions, and features from New Indian Express. Stay informed with breaking news, in-depth coverage, and expert perspectives on various topics.
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News
Forex kitty rockets to a historic $45 billion to $786 billion
1+ day, 22+ hour ago (303+ words) MUMBAI: The foreign exchange reserves skyrocketed by a whopping $45 billion to an all-tin lifetime high of $785.71 billion, driven by forex swap initiatives whiz was mostly lapped by the diaspora who pumped in a $127 billion in forex deposit haul. The reserves…...
BRICS members’ trade with one another rises, but air travel stays low
2+ day, 3+ hour ago (171+ words) India–China illustrates how quickly a corridor can flip from zero to substantial. Direct flights were suspended in February 2020 after the pandemic and a deadly border clash, and stayed at zero for more than five years. They resumed in stages…...
Behind the Gaurav Gupta magic at Delhi's Treasury of Trousseau
2+ day, 2+ hour ago (494+ words) Just last week, DLF Emporio hosted the 2026 edition of Treasury of Trousseau bringing together designers and luxury labels ahead of the festive season. The three-day showcase featured couture presentations, new collection launches, designer interactions and curated displays. Designer Gaurav Gupta…...
Rupee slumps 38 paise to close at 95.46 against US dollar
2+ day, 18+ hour ago (327+ words) MUMBAI: The rupee depreciated 38 paise to close at 95.46 (provisional) against the US dollar on Thursday, as Brent crude breached the USD 102 threshold, mounting concerns over the country's import cost trajectory. Forex traders said the currency is currently facing opposing forces,…...
AI agents move closer to UPI payments as India builds authorisation framework
2+ day, 10+ hour ago (404+ words) AI companies and payment firms are building systems that allow AI agents to interact with payment infrastructure. In India, NPCI is developing a framework to identify and authorise agents making transactions through UPI, bringing the prospect of software making payments…...
What Big Tech refused to learn from Bob and Alice
2+ day, 10+ hour ago (368+ words) An agent will discard whatever it was not paid to keep. The industry mistook a preview for a footnote. Nine years on, it reads as a rehearsal. The AI race is a textbook prisoner’s dilemma. Every laboratory and every capital…...
NSE likely to slash IPO size to Rs 23,000 crore
2+ day, 10+ hour ago (306+ words) The New Indian Express The National Stock Exchange (NSE) is expected to slash its initial public offering (IPO) size to around Rs 23,000 crore from the earlier estimated size of Rs 30,000 crore as key shareholders have reportedly lowered their offer size…...
International gold prices fall over 1% as US inflation, oil prices lift rate-hike bets
2+ day, 11+ hour ago (340+ words) Gold prices in international markets fell more than 1% on Thursday after stronger-than-expected inflation signals from the US and rising oil prices fuelled expectations of tighter monetary policy by the Federal Reserve. Spot gold fell 1.2% to $4,349.32 per ounce around 7 pm IST,…...
CAS stays, but derivatives settlements may change: Sebi chief
2+ day, 12+ hour ago (296+ words) MUMBAI: Sebi chairman Tuhin Kanta Pandey has reiterated that the closing auction ession is not going anywhere but is here stay, even as traders continue to raise concerns over sharp expiry-day swings linked to the new closing-price mechanism." CAS is…...
Equity fund inflows at four-month high in August
2+ day, 12+ hour ago (535+ words) MUMBAI: Inflows into equity mutual funds rose by Rs 29,329 crore in August, hitting a four-month high, driven by strong interest in mid- and small-cap funds, even though the overall inflows declined due to significant outflows from debt-oriented schemes, yet the overall…...