RBI revives currency swap window, to offer 6% returns on dollar deposits
RBI introduced a swap facility for new three-to-five-year Foreign Currency Non-Resident FCNR(B) deposits, with Indian banks likely offering up to 6% annual return on fixed dollar deposits. The facility will remain open till October 16 for deposits mobilised till September 30. A similar scheme was last introduced in 2013 during a currency crisis and raised $34 billion from NRIs.
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News By: Ishita Ranganath
11:07 pm Wednesday, 10 June 2026
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RBI introduced a swap facility for new three-to-five-year Foreign Currency Non-Resident FCNR(B) deposits, with Indian banks likely offering up to 6% annual return on fixed dollar deposits. The facility will remain open till October 16 for deposits mobilised till September 30. A similar scheme was last introduced in 2013 during a currency crisis and raised $34 billion from NRIs.
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News By: Ishita Ranganath
11:07 pm Wednesday, 10 June 2026
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How people behave is not in our hands: Sachin Pilot in dig at Ashok Gehlot
Congress leader Sachin Pilot took a dig at former Rajasthan Chief Minister Ashok Gehlot after he said if Pilot made a mistake, he should admit it over the latter's 2020 rebellion. Stating, "How people behave is not in our hands." Pilot added, "Look someone in the eye, and you will know who is speaking the truth and who is lying."
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News By: Jayant Singh
11:06 pm Wednesday, 10 June 2026
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Congress leader Sachin Pilot took a dig at former Rajasthan Chief Minister Ashok Gehlot after he said if Pilot made a mistake, he should admit it over the latter's 2020 rebellion. Stating, "How people behave is not in our hands." Pilot added, "Look someone in the eye, and you will know who is speaking the truth and who is lying."
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News By: Jayant Singh
11:06 pm Wednesday, 10 June 2026
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Trump says he might not renew free trade deal with Canada and Mexico
US President Donald Trump has said that he might not renew the free trade deal with Canada and Mexico, which he signed during his first term. Trump added that he was discussing the matter with Mexican and Canadian leaders. While the agreement doesn't actually expire until 2036, any country can withdraw from it by giving six months' notice.
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News By: Ankush Verma
11:03 pm Wednesday, 10 June 2026
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US President Donald Trump has said that he might not renew the free trade deal with Canada and Mexico, which he signed during his first term. Trump added that he was discussing the matter with Mexican and Canadian leaders. While the agreement doesn't actually expire until 2036, any country can withdraw from it by giving six months' notice.
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News By: Ankush Verma
11:03 pm Wednesday, 10 June 2026
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Social media can't be used to malign judiciary: Delhi HC
Delhi High Court has ordered social media platforms to remove allegedly contemptuous content targeting a sitting judge, observing that online platforms cannot be used to malign the judiciary. Hearing a contempt plea, the court directed Instagram, Facebook, YouTube and X to take down the content and block related accounts. It also sought details of those responsible for uploading the content.
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News By: Girish Kumar Anshul
11:20 pm Wednesday, 10 June 2026
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Delhi High Court has ordered social media platforms to remove allegedly contemptuous content targeting a sitting judge, observing that online platforms cannot be used to malign the judiciary. Hearing a contempt plea, the court directed Instagram, Facebook, YouTube and X to take down the content and block related accounts. It also sought details of those responsible for uploading the content.
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News By: Girish Kumar Anshul
11:20 pm Wednesday, 10 June 2026
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Akansha Ranjan Kapoor & filmmaker Sharan Sharma to marry on July 11: Report
Actress Akansha Ranjan Kapoor, known for 'Gram Chikitsalay', will reportedly tie the knot with filmmaker Sharan Sharma. After four years of dating, they will get married on July 11, followed by a wedding reception on July 12, reported Hindustan Times. Sharan is known for directing films like 'Gunjan Saxena: The Kargil Girl' and 'Mr & Mrs Mahi'.
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News By: Bhawana Chaudhary
11:15 pm Wednesday, 10 June 2026
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Actress Akansha Ranjan Kapoor, known for 'Gram Chikitsalay', will reportedly tie the knot with filmmaker Sharan Sharma. After four years of dating, they will get married on July 11, followed by a wedding reception on July 12, reported Hindustan Times. Sharan is known for directing films like 'Gunjan Saxena: The Kargil Girl' and 'Mr & Mrs Mahi'.
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News By: Bhawana Chaudhary
11:15 pm Wednesday, 10 June 2026
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There's lot of tension in this World Cup: Iran's Taremi on US visa policies
Iran forward Mehdi Taremi said US' actions, including visa denials and preventing Somali referee Omar Artan from entering the country, are creating a lot of tension in FIFA World Cup 2026. "I've been to three World Cups and...once you...enter the host country, there's just a unique atmosphere of friendliness and global-ness...Unfortunately, I'm not feeling it right now," he said.
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News By: Neeraja Nath
12:28 am Thursday, 11 June 2026
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Iran forward Mehdi Taremi said US' actions, including visa denials and preventing Somali referee Omar Artan from entering the country, are creating a lot of tension in FIFA World Cup 2026. "I've been to three World Cups and...once you...enter the host country, there's just a unique atmosphere of friendliness and global-ness...Unfortunately, I'm not feeling it right now," he said.
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News By: Neeraja Nath
12:28 am Thursday, 11 June 2026
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Burning spidercam falls from 65 feet onto pitch during football match in Hungary; video surfaces
A wire-suspended spidercam caught fire and fell over 65 feet onto the pitch during Hungary's friendly match against Kazakhstan at Nagyerdei Stadium in Debrecen on Tuesday. The camera, which began smoking mid-air, landed near a sideline cameraman, who escaped unhurt. Play was halted in the 26th minute while debris was cleared. Hungary eventually won the match 3-1.
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News By: Anmol Sharma
08:06 am Thursday, 11 June 2026
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A wire-suspended spidercam caught fire and fell over 65 feet onto the pitch during Hungary's friendly match against Kazakhstan at Nagyerdei Stadium in Debrecen on Tuesday. The camera, which began smoking mid-air, landed near a sideline cameraman, who escaped unhurt. Play was halted in the 26th minute while debris was cleared. Hungary eventually won the match 3-1.
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News By: Anmol Sharma
08:06 am Thursday, 11 June 2026
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Iran threaten to stop FIFA World Cup matches over unauthorised flags, slogans
Iran have warned FIFA that their matches at FIFA World Cup 2026 could be halted if unauthorised flags are displayed or slogans against the national team are chanted in stadiums. "The team manager will...be responsible for stopping the match," Iran Sports Minister Ahmad Donyamali said. Iran will open their FIFA World Cup campaign against New Zealand on June 15.
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News By: Anmol Sharma
08:29 am Thursday, 11 June 2026
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Iran have warned FIFA that their matches at FIFA World Cup 2026 could be halted if unauthorised flags are displayed or slogans against the national team are chanted in stadiums. "The team manager will...be responsible for stopping the match," Iran Sports Minister Ahmad Donyamali said. Iran will open their FIFA World Cup campaign against New Zealand on June 15.
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News By: Anmol Sharma
08:29 am Thursday, 11 June 2026
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US launches fresh attack on Iran
The United States launched a second round of airstrikes on Iran on Thursday morning. The latest military action comes a day after the United States carried out strikes against Iran following US President Donald Trump’s claim that Tehran had shot down a US Apache helicopter. Trump has also warned that he would hit the country "hard".
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News By: Dharini Mudgal
08:17 am Thursday, 11 June 2026
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The United States launched a second round of airstrikes on Iran on Thursday morning. The latest military action comes a day after the United States carried out strikes against Iran following US President Donald Trump’s claim that Tehran had shot down a US Apache helicopter. Trump has also warned that he would hit the country "hard".
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News By: Dharini Mudgal
08:17 am Thursday, 11 June 2026
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Mathematician who correctly predicted last 3 FIFA World Cup winners names 2026 pick
German mathematician Joachim Klement, who correctly predicted last three FIFA World Cup winners, has named Netherlands as his pick for the 2026 edition. He had predicted Germany's 2014 triumph, France's 2018 win and Argentina's 2022 victory. His model considers factors like a country's GDP per capita, population size and football's status in society. Netherlands have never won FIFA World Cup.
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News By: Anmol Sharma
08:43 am Thursday, 11 June 2026
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German mathematician Joachim Klement, who correctly predicted last three FIFA World Cup winners, has named Netherlands as his pick for the 2026 edition. He had predicted Germany's 2014 triumph, France's 2018 win and Argentina's 2022 victory. His model considers factors like a country's GDP per capita, population size and football's status in society. Netherlands have never won FIFA World Cup.
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News By: Anmol Sharma
08:43 am Thursday, 11 June 2026
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Trump claims Iran asked to stop bombing, Iran says 'false'
After US and Iran launched fresh waves of strikes, US President Donald Trump said he directly spoke with Iranian officials, who urged him to halt ongoing American airstrikes. Meanwhile, Iran's state media quoted a senior official as saying, "Trump's false claim that Iranian officials contacted him is a cover to evade war with Iran."
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News By: Arshiya Chopra
08:36 am Thursday, 11 June 2026
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After US and Iran launched fresh waves of strikes, US President Donald Trump said he directly spoke with Iranian officials, who urged him to halt ongoing American airstrikes. Meanwhile, Iran's state media quoted a senior official as saying, "Trump's false claim that Iranian officials contacted him is a cover to evade war with Iran."
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News By: Arshiya Chopra
08:36 am Thursday, 11 June 2026
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IIT Kanpur hires teen ethical hacker who exposed flaws in CBSE's OSM system
A 19-year-old ethical hacker, Nisarga Adhikary, has been appointed as Open-Source Intelligence (OSINT) and threat intelligence engineer at IIT Kanpur's technology innovation hub C3iHub. Adhikary had shared a blog post, stating how he breached and exposed vulnerabilities in the CBSE's on-screen marking portal. IIT Kanpur Director Manindra Agrawal said he reached out to him after reading that post.
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News By: Arshiya Chopra
09:12 am Thursday, 11 June 2026
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A 19-year-old ethical hacker, Nisarga Adhikary, has been appointed as Open-Source Intelligence (OSINT) and threat intelligence engineer at IIT Kanpur's technology innovation hub C3iHub. Adhikary had shared a blog post, stating how he breached and exposed vulnerabilities in the CBSE's on-screen marking portal. IIT Kanpur Director Manindra Agrawal said he reached out to him after reading that post.
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News By: Arshiya Chopra
09:12 am Thursday, 11 June 2026
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Nepal has not banned import of Indian mangoes, says govt
The Ministry of Agriculture and Farmers' Welfare dismissed reports that claimed that Nepal has banned the import of Indian mangoes, calling them "factually incorrect and misleading". It said Nepal clarified on June 10 that imports remain permitted, subject to phytosanitary requirements. Since January 2026, India has exported 149 mango consignments totalling 2,005 metric tonnes to Nepal, it added.
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News By: Anmol Sharma
09:11 am Thursday, 11 June 2026
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The Ministry of Agriculture and Farmers' Welfare dismissed reports that claimed that Nepal has banned the import of Indian mangoes, calling them "factually incorrect and misleading". It said Nepal clarified on June 10 that imports remain permitted, subject to phytosanitary requirements. Since January 2026, India has exported 149 mango consignments totalling 2,005 metric tonnes to Nepal, it added.
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News By: Anmol Sharma
09:11 am Thursday, 11 June 2026
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Canada proposes social media ban for kids under 16
The Canadian government on Wednesday introduced a new digital safety bill that would ban children under 16 from social media. The bill also proposes to set up a digital regulator to establish safety standard and make AI chatbots safer. Firms could face fines of 3% of their global revenue or C$10 million ($7.2 million), whichever is more, for not complying.
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News By: Anushka Singh
09:24 am Thursday, 11 June 2026
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The Canadian government on Wednesday introduced a new digital safety bill that would ban children under 16 from social media. The bill also proposes to set up a digital regulator to establish safety standard and make AI chatbots safer. Firms could face fines of 3% of their global revenue or C$10 million ($7.2 million), whichever is more, for not complying.
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News By: Anushka Singh
09:24 am Thursday, 11 June 2026
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Oracle's AI spending surpasses estimates, says it'll raise more debt in 2027
Oracle shares fell in extended trading after it reported quarterly capital expenditure that exceeded estimates, raising concerns about the profitability of its AI infrastructure business. Capital expenditure totalled about $16.5 billion in the period ended May 31, taking annual spending to $55.7 billion, above Oracle's projection of $50 billion. The company also said it'd raise more debt in 2027.
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News By: Pravel Jain
09:16 am Thursday, 11 June 2026
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Oracle shares fell in extended trading after it reported quarterly capital expenditure that exceeded estimates, raising concerns about the profitability of its AI infrastructure business. Capital expenditure totalled about $16.5 billion in the period ended May 31, taking annual spending to $55.7 billion, above Oracle's projection of $50 billion. The company also said it'd raise more debt in 2027.
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News By: Pravel Jain
09:16 am Thursday, 11 June 2026
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Will bomb the sh*t out of Iran if it fails to sign deal: Trump
US President Donald Trump said he would “bomb the sh*t out of Iran” if Tehran failed to sign an agreement by Thursday. “Iran has taken too long to respond to negotiate a deal...now they will pay the price,” he said. US launched a new wave of overnight strikes on Iran, calling them a response to Tehran’s “unwarranted and continued aggression.”
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News By: Aradhana
09:15 am Thursday, 11 June 2026
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US President Donald Trump said he would “bomb the sh*t out of Iran” if Tehran failed to sign an agreement by Thursday. “Iran has taken too long to respond to negotiate a deal...now they will pay the price,” he said. US launched a new wave of overnight strikes on Iran, calling them a response to Tehran’s “unwarranted and continued aggression.”
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News By: Aradhana
09:15 am Thursday, 11 June 2026
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Owaisi questions 5 children limit on SIR forms, says 'Even PM Modi's family has 6 siblings'
AIMIM MP Asaduddin Owaisi questioned why the SIR enumeration form for updating electoral rolls allows details of only up to five children. "They are saying they do not map more than five children. For example, I have six children. Similarly, PM Narendra Modi comes from a family of six siblings," he said. He added that there's no law regarding this.
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News By: Arshiya Chopra
09:35 am Thursday, 11 June 2026
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AIMIM MP Asaduddin Owaisi questioned why the SIR enumeration form for updating electoral rolls allows details of only up to five children. "They are saying they do not map more than five children. For example, I have six children. Similarly, PM Narendra Modi comes from a family of six siblings," he said. He added that there's no law regarding this.
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News By: Arshiya Chopra
09:35 am Thursday, 11 June 2026
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Xbox plans major layoffs next month: Report
Microsoft's Xbox division is planning major layoffs next month and significant cuts to marketing and other budgets, Bloomberg News reported. The job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February. The layoffs are reportedly expected shortly after the close of Microsoft's fiscal year on June 30.
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News By: Pravel Jain
09:33 am Thursday, 11 June 2026
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Microsoft's Xbox division is planning major layoffs next month and significant cuts to marketing and other budgets, Bloomberg News reported. The job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February. The layoffs are reportedly expected shortly after the close of Microsoft's fiscal year on June 30.
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News By: Pravel Jain
09:33 am Thursday, 11 June 2026
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Crude oil price jump by over $1 after Iran announces closure of Strait of Hormuz
Crude oil prices jumped on Thursday after Iran announced the closure of the Strait of Hormuz following overnight US strikes. Brent crude futures rose $1.48 to $94.58 a barrel, while US West Texas Intermediate (WTI) crude climbed $1.71 to $91.74. Meanwhile, US President Donald Trump vowed to "bomb the sh*t out of Iran" if no peace deal is secured.
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News By: Aradhana
09:33 am Thursday, 11 June 2026
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Crude oil prices jumped on Thursday after Iran announced the closure of the Strait of Hormuz following overnight US strikes. Brent crude futures rose $1.48 to $94.58 a barrel, while US West Texas Intermediate (WTI) crude climbed $1.71 to $91.74. Meanwhile, US President Donald Trump vowed to "bomb the sh*t out of Iran" if no peace deal is secured.
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News By: Aradhana
09:33 am Thursday, 11 June 2026
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Opendoor shuts India operations, lays off nearly 250 employees
US-based real estate technology firm Opendoor announced it's shutting down its India operations, laying off nearly 250 employees. The roles will now be handled by teams in the US, with CEO Kaz Nejatian saying the company has unified its systems and hired "AI-native" teams there. Affected employees will receive severance packages and some will stay on temporarily to complete transition.
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News By: Anmol Sharma
09:57 am Thursday, 11 June 2026
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US-based real estate technology firm Opendoor announced it's shutting down its India operations, laying off nearly 250 employees. The roles will now be handled by teams in the US, with CEO Kaz Nejatian saying the company has unified its systems and hired "AI-native" teams there. Affected employees will receive severance packages and some will stay on temporarily to complete transition.
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News By: Anmol Sharma
09:57 am Thursday, 11 June 2026
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