Fuel on fire: Petrol zips past Rs 100 mark for 2nd time since Feb – Times of India

NEW DELHI: Fuel prices are on fire once again as petrol has shot up to Rs 102 per litre in parts of Rajasthan and Madhya Pradesh. Elsewhere too the prices were in sight of hitting a century and diesel made new records after fuel retailers raised prices for the fourth straight day on Friday. This … Read more Fuel on fire: Petrol zips past Rs 100 mark for 2nd time since Feb – Times of India

Forex reserves surge by $3.91 billion to $588.02 billion – Times of India

MUMBAI: The country’s foreign exchange reserves swelled by $3.913 billion to reach $588.02 billion in the week ended April 30, 2021, RBI data showed on Friday. In the previous week ended April 23, the reserves had risen by $1.701 billion to $584.107 billion. The forex kitty had touched a lifetime high of $590.185 billion in … Read more Forex reserves surge by $3.91 billion to $588.02 billion – Times of India

India Turns to OPEC Nations Saudi, UAE for Oxygen; World's Largest Cargo Plane Leaves UK with 3 Oxygen Units for India

India has turned to OPEC nations particularly Saudi Arabia, UAE and Kuwait for sourcing medical oxygen in its battle against the world’s worst outbreak of COVID-19 pandemic. Oil Minister Dharmendra Pradhan turned to India’s traditional oil suppliers, consulting his counterparts in Saudi Arabia, UAE, Kuwait, Qatar and Bahrain to bridge the huge deficit of medical … Read more India Turns to OPEC Nations Saudi, UAE for Oxygen; World's Largest Cargo Plane Leaves UK with 3 Oxygen Units for India

Ahead of India-EU Summit, European Investment Bank Announces Euro 250,000 to Support India's Fight Against Covid-19

The European Investment Bank (EIB) on Friday announced an emergency financial assistance of Euro 250,000 (approx Rs 2.2 crore) to support India’s response to the Covid-19 crisis. The announcement was made a day ahead of a virtual meeting between Prime Minister Narendra Modi and the heads of state or government of all the 27 European … Read more Ahead of India-EU Summit, European Investment Bank Announces Euro 250,000 to Support India's Fight Against Covid-19

WhatsApp scraps May 15 deadline for accepting privacy policy terms

WhatsApp had faced severe backlash over user concerns that data was being shared with parent company Facebook. Instant messaging application WhatsApp has said it will not delete accounts of users who are yet to accept its controversial privacy polic update on the May 15 deadline Following severe backlash over the latest update to its privacy … Read more WhatsApp scraps May 15 deadline for accepting privacy policy terms

‘Indian offshore model will dominate IT scene for a decade’

IT markets are picking up to such a degree that both the U.S. and Europe are running out of critical skills, and with this, offshore and Indian alternatives are increasingly becoming attractive for tech buyers, analysts said. In addition to the skills shortage, the pandemic-induced work-from-home has further raised the openness of global tech buyers … Read more ‘Indian offshore model will dominate IT scene for a decade’

RBI sets up advisory group to assist regulatory review authority

Headed by SBI Managing Director S Janakiraman, the advisory group will assist the RRA by identifying regulations, guidelines, and returns that can be rationalised. The Reserve Bank on Friday said an advisory group has been constituted to assist the second Regulatory Review Authority (RRA 2.0) which was constituted by the central bank earlier this month … Read more RBI sets up advisory group to assist regulatory review authority

India Post collaborates with custom authorities for speedy delivery of COVID-19 resources

New Delhi, May 7 (PTI): The Department of Posts, in collaboration with customs authorities, has issued a public notice for speedy clearance, processing and delivery of COVID-19 resources such as oxygen concentrators, equipment and medicines. It has asked India Post customers to send details of their consignment through e-mail or WhatsApp to nodal officers for … Read more India Post collaborates with custom authorities for speedy delivery of COVID-19 resources

Epic’s Years-Long Plan to Paint Itself as Gaming’s Good Guy

“You’ll enjoy the upcoming fireworks show,” wrote Epic Games CEO Tim Sweeney in an email to Microsoft head of Xbox Phil Spencer. It was August 7, 2020, mere days before Epic would publicly launch Project Liberty, its master plan to dismantle the $91 billion mobile gaming market as we know it. Sweeney wanted to shatter … Read more Epic’s Years-Long Plan to Paint Itself as Gaming’s Good Guy

SBI internet banking, YONO app, and UPI services will be down till May 8: Here’s why

State Bank of India SBI’s services are affected from May 7 to May 8 due to “maintenance activities”, the tweet stated.  Recently, SBI’s other services like YONO, YONO lite, internet banking, Unified Payments Interface (UPI) suffered due to scheduled up-gradation of the platforms. Currently, the State Bank of India has around 35 million registered users of … Read more SBI internet banking, YONO app, and UPI services will be down till May 8: Here’s why