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RBI Faces Challenge Unwinding Large Dollar Bets to Support Rupee
India's central bank is carefully unwinding its massive short dollar forward position, built to support the rupee. The challenge lies in managing the pace to avoid currency market destabilization, as forecasters predict continued pressure on the Indian currency.
Top Stocks to Buy Today: Bharti Airtel and HDFC Bank Recommended by Bajaj Broking
Bajaj Broking Research recommends buying Bharti Airtel and HDFC Bank on July 10, 2026. Bharti Airtel is advised for purchase in the ₹1910-1942 range with a target of ₹2125, and HDFC Bank in the 810.00-830.00 range with a target of ₹910.
Starbucks Develops Internal AI Tools to Replace Software Purchases
Starbucks is developing its own AI tools to replace software currently licensed from Microsoft and IBM, aiming to cut annual spending. Some tools may launch by the end of next year.
Amazon Business Programme Denies Breastfeeding Mother Entry Due to Baby Policy
Rachael Bews, a Scottish business owner, was devastated after being denied access to Amazon's Innovation Accelerator programme because she couldn't bring her breastfeeding baby. Amazon's policy prohibits children under six on its fulfilment centre sites.
Oil Prices Steady Amid Middle East Tensions, Set for Weekly Gains
Oil prices remained elevated, poised for significant weekly gains despite a slight dip Friday, as Iran's attacks on US military sites in the Middle East heightened supply concerns. The Strait of Hormuz remains a key focus.
US Labor Dept. Probe into H-1B, Green Card Fraud May Affect Indian IT Firms
A US Department of Labor investigation into alleged H-1B visa and green card fraud could impact major Indian IT companies, including Cognizant, which has been named in the probe. The outcome may affect Indian outsourcing firms' operations in their largest market.