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Indian rupee will trade in a narrow range over the coming three months and then strengthen slightly in a year as the Reserve Bank of India uses its vast foreign exchange reserves to keep the currency stable, a Reuters poll found. Expected volatility in the rupee over the next three months was at its lowest in two decades as the Indian central bank continued to buy dollars, adding to its FX reserves of over $600 billion. After falling over 10% in 2022, the rupee has gained just 0.2% so far this year and is unlikely to recoup those losses anytime soon, despite India retaining its title as the world's fastest-growing large economy.

alliance parties to discuss floor strategy, a senior member of the Congress from the Rajya Sabha started reading out the draft of the proposed motion, but he was interrupted by a Rajya Sabha floor leader of a non-Congress party who vehemently disagreed with any such move. Opposition leaders said that a final decision may be taken in the next few days.

BENGALURU : KKR & Co. on Wednesday said it has agreed to buy a majority stake in logistics solutions company Leap India, a move that will deepen the US private equity firm’s presence in Asia’s infrastructure space. The transaction will also bolster KKR’s infrastructure bets in India that include investments in a decarbonization platform, renewable energy companies, and highways and power transmission businesses.

Roman Devengenzo was consulting for a robotics company in Silicon Valley last fall when he asked a newly minted mechanical engineer to design a small aluminum part that could be fabricated on a lathe—a skill normally mastered in the first or second year of college. “How do I do that?" asked the young man. So Devengenzo, an engineer who has built technology for NASA and Google, and who charges consulting clients a minimum of $300 an hour, spent the next three hours teaching Lathework 101.

Shibie Coin is a trending new meme coin that blends Shiba Inu’s exciting unpredictability and upside potential with Barbie’s charm.

Six prominent asset managers have filed fresh applications to the US securities and exchange commission (SEC), for the approval of Ethereum (ETH) futures exchange-traded funds (ETFs). The filings come weeks after the regulator accepted spot Bitcoin (BTC) ETF applications in a span of one week.

The race is on in the exchange-traded fund business to offer the first ether futures product.

No two ways about it, the retirement crisis is coming. And while lifetime income solutions like annuities may not solve the entire problem, they certainly won’t hurt.

The Securities and Exchange Commission on Tuesday barred a former broker, Steven K. Woodard, who was based in Hawaii and allegedly preyed on members of his church in a $6 million scam.

The Kansas City Federal Reserve is about to get a new leader as the inflation-fighting central bank plots its course ahead.

MUMBAI : Anil Agarwal’s Twin Star Holdings Ltd, a promoter entity of Vedanta Ltd, aims to sell a 4.3% stake in the Indian mining company for ₹4,136 crore as part of the billionaire’s plan to reduce debts and transform his Vedanta group into a pure-play green energy and non-ferrous business. According to the terms of a deal brokered by JP Morgan India Pvt. Ltd, Twin Star Holdings will sell 160 million shares in Vedanta to institutional investors at a minimum of ₹258.50 each, a 5% discount to Wednesday’s closing price of ₹272.15 on National Stock Exchange of India Ltd.

₹200 crore in project outlay for Fly91. Its early investors include Rajeev Chitrabhanu, founder of advisory-led investment platform Magnetic. “Coming out of covid, I was the first person to believe in the potential of regional aviation, with the Udaan scheme and committed capital as an investor and advisor.

Madhusudan Kela, has picked up a stake in Niyogin Fintech through bulk deals on Wednesday. According to bulk deals data available with the exchanges, Madhuri Kela has bought 50.2 lakh shares or 5.3% stake in the company. The transaction was done at a weighted average price of Rs 61.65.

Delhi services ordinance, NCP founder and Rajya Sabha member Sharad Pawar said on Wednesday. The Union government had on Tuesday tabled the contentious bill in Lok Sabha to replace the Delhi services ordinance amid vociferous protests by opposition members, who termed it a «murder of democracy», evoking a sharp retort of «politically motivated» jibe from Home Minister Amit Shah.

₹154.53 crore in three months ended June 2023. The company had reported a standalone PAT of ₹129.18 crore in Q1FY23, SKF India said in a statement.

Congress leadership on Wednesday discussed the party's strategy for the next Lok Sabha elections with senior party leaders from Karnataka. Congress president Mallikarjun Kharge and former party chief Rahul Gandhi were part of the discussions, where Karnataka Chief Minister Siddaramaiah and deputy chief minister D K Shivakumar, besides AICC general secretary in-charge for Karnataka Randeep Surjewala, were present.

By Davide Barbuscia

Donald Trump's desperate effort to cling to power after his defeat in the 2020 election is at the center of a four-count indictment released against the former president Tuesday. The third criminal case into Trump details, among other charges, what prosecutors say was a massive and monthslong effort to «impair, obstruct, and defeat» the federal process for certifying the results of a presidential election, culminating in the attack on the Capitol on Jan. 6, 2021. The 45-page indictment states that when Trump could not persuade state officials to illegally swing the election in his favor, he and his Republican allies began recruiting a slate of fake electors in seven battleground states — Arizona, Georgia, Michigan, New Mexico, Nevada, Pennsylvania and Wisconsin — to sign certificates falsely stating that he, not Democrat Joe Biden, had won their states. While those certificates were ultimately ignored by lawmakers, federal prosecutors say it was all part of «a corrupt plan to subvert the federal government function by stopping Biden electors' votes from being counted and certified.» Here's a deeper look at how the scheme unfolded, according to the indictment:

Mercer Advisors has expanded its network of registered investment advisory firms with the acquisition of a $720 assets under management business in San Diego, California.

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By Harry Robertson and Rae Wee