The Reserve Bank of India (RBI) on Wednesday temporarily eased interest rate curbs on certain non-resident deposits to enable banks to offer higher returns on fresh FCNR(B) and NRE deposits with the aim of attracting more overseas funds to prop…
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India and the UK’s Comprehensive Economic and Trade Agreement (CETA) will take effect on July 15, granting 99% of Indian exports tariff-free access. The pact, announced by Prime Ministers Modi and Starmer, also includes a social security agreement for temporary…
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Reliance Jio has denied allegations of sabotaging Telegram access outside India. Telegram CEO Pavel Durov claimed BGP hijacking was used. Experts note ambiguity in Durov’s statements, with one mentioning Reliance Communications (AS18101) and a snapshot showing the same. Reliance Jio…
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Indian financial authorities are examining large over-the-counter cryptocurrency trades. The Financial Intelligence Unit is requesting data from major crypto exchanges for transactions exceeding $10,000. This move aims to combat money laundering and track beneficial owners. These off-market deals are insulated…
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Indian IT firms are facing a shortage of Forward Deployed Engineers (FDEs), crucial for AI adoption and client-site customization. To compensate, companies are bundling multiple specialist roles into a single FDE, leading to clients not receiving the expected deep tech…
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The National Stock Exchange of India has filed draft papers for its initial public offering. This move positions NSE for one of the country’s major IPOs this year. It follows a previous attempt in 2016 that was delayed. NSE is…
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