Bank stocks rally as RBI pushes for forex assets

MUMBAI: Bank stocks surged across the board on Tuesday following RBI’s operational guidelines for a special foreign currency non-resident (bank) or FCNR(B), swap window, with public sector lenders leading the rally. Bank of Baroda rose 5.7%, Canara Bank 4.3%, and Punjab National Bank 3.7%, while Bankex, BSE’s index for the sector, climbed 2.2% against a…

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Sam Altman ‘wants to’ give Trump admin 5% stake in OpenAI, and ‘tells’ Google, Anthropic and other AI companies to…

OpenAI CEO Sam Altman has reportedly discussed giving the US government 5% stake in the company. According to a report by Financial Times, this move of the AI giant is part of the early talks with the Trump administration and is aimed at easing political tensions and shared the upside of AI growth with the…

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Egyptian proverb of the day: “He who loves you will swallow pebbles for you; he who hates you will…” – what this ancient saying reveals about loyalty and human nature |

Egyptian proverb of the day (Image generated via Google Gemini) Not every proverb delivers its lesson gently.Some use images so unusual that they stay in the mind long after the words have been read. This Egyptian proverb is a good example.“He who loves you will swallow pebbles for you; he who hates you will wish…

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Quote of the day by Paulo Coelho: “Everyone seems to have a clear idea of how other people should…”

Image Credit: Getty Images Paulo Coelho is one of the world’s most celebrated contemporary authors. Born in Brazil in 1947, he became internationally famous for his inspirational writing style and philosophical storytelling. His best-known novel, The Alchemist, has inspired millions of readers across the globe with its themes of destiny, dreams, courage, and self-discovery.There were…

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Rashmika Mandanna suffers major hip injury on set; doctors advise six weeks of rest |

Rashmika Mandanna’s busy shooting schedule has been put on hold after the actress suffered a major injury on the sets, reports said. Rashmika has been known to manage multiple projects in different industries, constantly jumping on to film sets and brand commitments. Her latest setback has now caused concern for her fans, many of who…

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Bangladesh Reviewing PM Modi’s Invitation to Tarique Rahman for BRICS Summit | World News

Minister of Foreign Affairs Bangladesh (AP image) Bangladesh foreign minister Khalilur Rahman on Wednesday said that Prime Minister Narendra Modi’s invitation to Tarique Rahman to visit India for the upcoming 18th BRICS Summit in New Delhi is under review currently.The remarks came after Indian High Commissioner Dinesh Trivedi paid a courtesy call on the minister,…

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Gaur Gopal Das: Quote of the day by Gaur Gopal Das: “Discussions are always better than arguments, because an argument is to find out who is right, and a discussion is to find out what is right.”; What the engineer-turned-monk advises on ‘discussing’ over ‘arguing’

Quote of the day by Gaur Gopal Das (Photo: @gaurgopald/ X) Gaur Gopal Das is an Indian monk, motivational speaker, author, and lifestyle coach.He studied electrical engineering and worked briefly as a professional but left his corporate job in the 90s. Over the past three decades, he has become one of India’s most followed spiritual…

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High court seeks Centre’s reply on Delhi Gymkhana Club eviction pleas | India News

SG Mehta informed the court that the government would submit its reply to the applications. NEW DELHI: The Delhi high court on Monday sought the Centre’s response to applications filed by members and staff of the Delhi Gymkhana Club challenging a show-cause notice proposing their eviction from the club’s 27.3-acre premises on Safdarjung Road.Justice Avneesh…

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In 1948, the McDonald brothers watched a service crisis and reinvented the way we eat |

McDonald’s iconic golden arches weren’t a grand design but an everyday observation. Facing chaos and high costs, brothers Richard and Maurice McDonald radically simplified their drive-in menu from 25 items to just nine in 1948. Image Credits: Cogart Strangehill, via Wikimedia Commons It may be easy to forget that the golden arches did not come…

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CJP students protest: RAF probes excessive force, pellet gun charges in July 20 crackdown | India News

The violence erupted during CJP-led ‘Chalo Sansad’ march on July 20. (ANI photo) NEW DELHI: The Rapid Action Force (RAF) has begun an internal verification of the conduct of its personnel during the July 20 student protests in Delhi, amid allegations of excessive use of force and the use of pellet guns to disperse demonstrators,…

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