Banks to report all related party forex derivative transactions: RBI

Mumbai: RBI has required banks to report all foreign exchange derivative deals involving the rupee undertaken in India and globally by their entire group, including overseas branches, subsidiaries, and parent entities. This brings into view offshore trades that were earlier largely invisible. This applies to both OTC deliverable and offshore non-deliverable contracts, meaning even speculative…

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Toyota Starlet GNCAP ;India-Made Toyota Starlet (Glanza) scores 0 stars in GNCAP! Details |

The India-made Toyota Starlet, which is essentially the South African version of the Toyota Glanza, has received a zero-star safety rating in the latest Global NCAP crash tests under the Safer Cars for Africa programme. While the hatchback managed to secure three stars for child occupant protection, its adult occupant safety performance was shocking.Global NCAP…

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AI boom drives global VC funding to record $300bn

BENGALURU: Global venture funding hit a record $300 billion in the Jan-March quarter, the highest ever for a single quarter, according to Crunchbase data. The surge, driven largely by artificial intelligence deals, has reignited the debate on whether venture markets are truly recovering or if capital is concentrating in a narrow set of companies.Nearly 80%…

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Centre warns pharma companies against promoting weight-loss drugs among public through ads

NEW DELHI: The Centre has warned pharmaceutical companies against promoting prescription weight-loss GLP-1 drugs – popularly sold under brand names Ozempic, Wegovy and Mounjaro – through advertisements or “disease awareness” campaigns that indirectly encourage their use among the public.In an advisory, Central Drugs Standard Control Organisation said it had come to its notice that some…

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UPSSSC Pharmacist recruitment 2026: Registration for 560 posts ends in two days; direct link to apply here

UPSSSC Pharmacist recruitment 2026: The Uttar Pradesh Subordinate Services Selection Commission (UPSSSC) will close the registration window in two days for the Pharmacist Recruitment 2026. Eligible candidates who wish to apply for the posts can complete the online application process through the official website upsssc.gov.in.The last date to apply is March 29, 2026. UPSSSC Pharmacist…

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