Currency guardrails: RBI tightens forex derivatives rules for banks amid rupee volatility

The Reserve Bank of India on Wednesday announced fresh restrictions on authorised dealers (ADs) in the foreign exchange market following a “review of evolving market conditions”, as the rupee remains under pressure, according to PTI.In a late-evening notification, the central bank said ADs — banks authorised to deal in foreign exchange — will not be…

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Keurig Dr Pepper completes deal for JDE Peet’s

BURLINGTON, MASS. — Keurig Dr Pepper Inc. has completed its acquisition of 96.22% of the shares of JDE Peet’s, Amsterdam, The Netherlands, for approximately $18.4 billion. After an interim operating period, Keurig Dr Pepper plans to separate into two independent, US-listed publicly traded companies, creating a cold beverage-focused refreshment company and a global coffee company….

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Mahima Chaudhry recalls almost rejecting Amitabh Bachchan’s Baghban opposite Salman Khan: ‘I went to say no, but I couldn’t’ | Hindi Movie News

Baghban, directed by Ravi Chopra, remains one of those rare films that continues to divide audiences even decades after its release. While some celebrate the family drama starring Amitabh Bachchan and Hema Malini, others have criticised its messaging over the years. Amid the film’s enduring popularity and debate, Mahima Chaudhry has now revealed that she…

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IPL turns fiery! Prince Yadav vs Tristan Stubbs faceoff goes viral in LSG vs DC – Watch | Cricket News

Prince Yadav takes on Tristan Stubbs (Photo by BCCI) NEW DELHI: A fiery on-field moment on Wednesday grabbed attention during the IPL clash between Lucknow Super Giants and Delhi Capitals in Lucknow, as a heated exchange between Prince Yadav and Tristan Stubbs went viral.The incident took place in the fifth over when Prince Yadav bowled…

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Stark photos show quest for profit cutting swathes through the Amazon

Some of the thousands of trucks that transport soya beans down a road in the Amazon Lalo de Almeida/Folhapress/Panos​ The myriad ways in which deforestation in the Amazon could deleteriously impact the climate aren’t a new revelation. In fact, climate scientists and activists have long been sounding alarms about protecting the rainforest. Yet the Brazilian…

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Govt imposes import curbs on gold, silver jewellery to check misuse of FTAs

The government on Wednesday announced curbs on imports of gold, platinum and silver jewellery with immediate effect, a move aimed at checking misuse of free trade agreements (FTAs). These restrictions will operate irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment, the Directorate General of Foreign Trade…

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