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Rupee-dollar movement driven by global and domestic factors, FM Sitharaman says RBI steps in only to curb volatility

Union Finance minister Nirmala Sitharaman on Sunday said movements in the rupee against the US dollar are influenced by a combination of global and domestic factors, stressing that the Reserve Bank of India intervenes only to contain excessive volatility and not to defend any specific exchange rate.Addressing reporters at Devanahalli near Bengaluru during an event...
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JetBlue is betting big on Fort Lauderdale airport

A JetBlue Airlines plane lands near the Air Traffic Control tower at the Fort Lauderdale-Hollywood International Airport on Oct. 7, 2025 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways is already the biggest airline in Fort Lauderdale, Florida, and it wants to get even bigger. “Lauderdale has been a star for us,”...
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Dalal Street outlook: Inflation, Fed verdict and crude oil in focus; US-Iran deal hopes to steer market sentiment

Inflation data, the US Federal Reserve’s interest rate decision and movements in crude oil prices will be the key triggers for Indian equity markets in the coming week, analysts said.Investors will also closely watch developments surrounding the proposed US-Iran agreement, foreign investor activity and trends in global markets for further direction.“On the domestic front, investors...
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SpaceX made Musk a trillionaire, but what else does he own? A look at his business empire

SpaceX‘s blockbuster stock market debut may have made Elon Musk the world’s first trillionaire, but the rocket company is only one part of a sprawling business empire that stretches from electric vehicles and artificial intelligence to brain implants and underground transport systems.Over the years, several of Musk’s ventures have become increasingly interconnected. Earlier this year,...
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AI chip boom yet to lift South Korea’s wider economy, Nomura economist sees limited spillover into demand

South Korea’s artificial intelligence-led semiconductor boom has yet to generate a meaningful spillover into the broader economy, even as concerns over the won and financial stability are increasing the likelihood of a Bank of Korea (BOK) rate hike next month, Nomura’s senior economist said.Speaking at Nomura’s Korea Equities & Economy Media Briefing in Seoul, Park...
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