RBI criticises banks’ rupee arbitrage trades

A senior Reserve Bank of India official criticised foreign-exchange market makers for their role in aggravating the rupee’s weakness during the ongoing West Asia tensions, as the regulator keeps up its tough messaging stance in its defense of the currency. Addressing an annual foreign exchange dealers’ conference in Paris at the weekend, deputy governor T…

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Gold, Silver Rate Today Live Updates: Gold, silver prices expected to be volatile this week; what should investors do?

Pranav Mer, Vice President, EBG, Commodity and Currency Research at JM Financial Services Ltd, said attention will be on key Chinese data covering trade, investment and growth, along with inflation figures from the Eurozone. On the domestic front, he noted that traders will track the Consumer Price Index and Wholesale Price Index readings early in…

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GitHub’s base in India rises to 27mn, up 2mn this year

BENGALURU: There are 27 million developers on GitHub in India, according to GitHub COO Kyle Daigle. More than two million joined the platform since the beginning of 2026 – the highest from any country. Daigle said India remains GitHub’s fastest-growing developer community. “One in every seven developers joining GitHub are from India,” he told TOI….

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TCS makes 25k fresher offers; AI push on track

BENGALURU: Even as TCS saw its headcount fall by nearly 24,000 in FY26, CHRO Sudeep Kunnumal said the entire decline cannot be attributed to last year’s restructuring. He added that the company has already made 25,000 campus offers and remains on track to hire around 40,000 freshers annually. “Last year, we onboarded 44,000 trainees. We…

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AI boom drives global VC funding to record $300bn

BENGALURU: Global venture funding hit a record $300 billion in the Jan-March quarter, the highest ever for a single quarter, according to Crunchbase data. The surge, driven largely by artificial intelligence deals, has reignited the debate on whether venture markets are truly recovering or if capital is concentrating in a narrow set of companies.Nearly 80%…

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‘If we catch them… ‘: Trump threatens China with 50% tariff if it helps Iran militarily as talks in Pak fail

US President Donald Trump on Sunday threatened China with “staggering” new tariffs if Beijing provides military assistance to Iran in the ongoing Middle East conflict.During an interview on Fox News’ Sunday Morning Futures, host Maria Bartiromo asked Trump whether his warning of a 50% tariff on countries aiding Iran was aimed at China.“Yes, China and…

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War in Gulf, layoffs hit discretionary spends

MUMBAI: Consumers seem to be cutting back on discretionary spends, allocating more budgets to essentials and value purchases as a mix of war-driven uncertainty and layoffs have nudged people to tighten their purse strings and save more. Even as the US and Iran agreed upon a two-week ceasefire last week, the prospects of a peace…

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