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'Good trade deal' with US will support rupee stability: Malhotra

November 21, 2025

Financial Express Kolkata

e ‘Central bank doesn’t target any level for the rupee’

- FE BUREAU

ATTRIBUTING THE RUPEE'S recent depreciation to stronger demand for the US dollar, Reserve Bank of India Governor Sanjay Malhotra on Thursday said the central bank does not target any specific level for the rupee, but expressed confidence that a “good trade deal” with the US would support currency stability.

Delivering the VKRV Rao Memorial Lecture at the Delhi School of Economics, Malhotra said the RBI continues to take a cautious stance on cryptocurrencies and stablecoins. He added that India’s rapid economic expansion would soon propel more domestic lenders into the world’s top 100 banks.

هذه القصة من طبعة November 21, 2025 من Financial Express Kolkata.

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RCom case: ~1,453 cr properties attached

FE BUREAU

1 min

November 21, 2025

Financial Express Kolkata

ED files chargesheet against Vadra in UK-linked PMLA case

THE ENFORCEMENT DIRECTORATE on Thursday filed a chargesheet against businessman Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in a money laundering case linked to fugitive UK-based arms consultant Sanjay Bhandari, officials said.

1 min

November 21, 2025

Financial Express Kolkata

Google unveils AI safety tools for scam detection

GOOGLE ON THURSDAY announced a set of AI-powered security initiatives aimed at strengthening the digital safety framework, with the highlight being a scam-detection feature on Pixel phones powered by Gemini Nano.

1 min

November 21, 2025

Financial Express Kolkata

America can’t win by targeting Alibaba

IT WAS SUPPOSED to be a good week for Alibaba Group Holding Ltd. The tech giant released its revamped Qwen app to users in China, with plans to roll out the ChatGPT-like tool internationally later on.

2 mins

November 21, 2025

Financial Express Kolkata

TCS and TPG tie up for ₹18K-cr AI data centre

“I am delighted to have TPG join us in our journey to build large GW-scale AI data centres in India, tapping the rapidly growing AI demand. We are excited and committed to play a leading role in creating world-class Al infrastructure and solutions for the industry and work towards making TCS the largest Al-led technology services company,’ Chan-drasekaran said.

1 mins

November 21, 2025

Financial Express Kolkata

26 e-comm firms are free from dark patterns: Govt

AS MANY AS 26 top e-commerce companies, including Zepto, BigBasket and Zomato, have given an undertaking that their platforms are free from misleading claims and unfair trade practices which constitute ‘dark patterns’, the government said on Thursday.

1 min

November 21, 2025

Financial Express Kolkata

Russian oil loadings for India plunge as sanctions hit today

• Reliance stops use of Russian crude at refinery for exports

1 min

November 21, 2025

Financial Express Kolkata

5G subscriptions may cross 1-bn mark by 2031

INDIA IS EXPECTED to have over 1 billion 5G subscriptions by the end of 2031, the Ericsson Mobility Report released on Thursday said, underscoring the steady uptake of the service in a nation that accounts for the highest mobile data traffic per smartphone.

1 mins

November 21, 2025

Financial Express Kolkata

Nagaraju chairs meet on foreign bank expansion

THE INTERDEPARTMENTAL Committee (IDC), headed by Financial Services Secretary M Nagaraju, deliberated and recommended on a set of proposals submitted by the Reserve Bank of India (RBI) regarding the establishment of branches, representative offices and subsidiaries of foreign banks in India, the finance ministry said on Thursday.

1 min

November 21, 2025

Financial Express Kolkata