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RBI has spent half of $140 bn FX capital to defend rupee, bankers estimate

RBI has deployed an estimated $75 bn-$80 bn through spot dollar sales and currency swaps since June, as high oil prices, rising US Treasury yields and foreign equity outflows weigh on the rupee

Asian stocks slide as US inflation stokes rate fears; Kospi plunges 8%

South Korea's Kospi led losses across Asia, while the Nikkei fell 4.8%, as hotter-than-expected US inflation weighed on rate-cut hopes and renewed pressure on technology and AI-linked stocks

Oil prices fall as US weighs easing sanctions on West Asian crude supply

Oil prices retreat after WTI hit a 3-week high, as attacks on shipping near Hormuz raise supply concerns while Washington weighs easing sanctions on vessels to curb petroleum transport costs

Space startups secure record $20.8 bn funding as infrastructure bets surge

The report, released on Wednesday, also showed a record 216 deals were completed during the quarter, up from 140 in the second quarter

Govt to roll out data centre policy as concerns grow over power use

The move follows protests by residents in cities such as Mumbai and Visakhapatnam against data centres planned by Amazon and Google over concerns including water and electricity use

Massive oil, gas and mineral exploration to begin in Greenland: Trump

However, Trump did not share details about the ‌exploration plans in Greenland

Asian stocks rise as chipmakers rebound ahead of US inflation data

Among ​firms in the AI supply chain, chipmakers Samsung Electronics and SK Hynix rose more than 2% in ‌South Korea while Kioxia was steady in Japan

Oil prices rise as traders weigh Saudi supply risk, Russian diesel flow

Brent crude ​futures rose 89 cents, or 0.8%, to $106.58 a barrel by 0030 GMT, ‌while US West Texas Intermediate crude futures gained 80 cents, or 0.9%, to $94.94

OpenAI employee arrested for planting hidden recording device in office

Saudi national Abdulrahman Alfozan, 35, was arrested after allegedly hiding a recording device in an OpenAI executive conference room to capture sensitive discussions

Trump says he does not believe China and Russia are helping Iran at all

Trump says Moscow and Beijing have too much to lose by helping Tehran, amid reports of possible Russian targeting support and Chinese assistance during the Iran war

Wall Street banks see deals slow on market jitters, but pipeline is strong

Market volatility slowed dealmaking at major US banks in September, but executives said pipelines remained strong and borrowers resilient, while equity trading revenue rose

New safeguards sharply reduce AI distillation attacks, says Anthropic

Anthropic said ​it had made it harder to use proxy networks to repeatedly probe Claude's protected reasoning, blocking extraction attempts and hindering large-scale ‌distillation efforts

India may need to raise coal power capacity as demand surges: CEA chief

India had planned last year ‌to add 97 GW of coal power capacity to reach 307 GW by 2035 and currently has about 230 GW of capacity

Why Mumbai airport and airlines are at odds over proposed flight cuts

Mumbai International Airport Ltd (MIAL), run by Adani Airport ​Holdings, plans to start rebuilding the north section of Terminal 1B in January 2027

NTPC in talks with Japan, South Korea, Germany for sale of green fuel

India has outlined plans to become a major green hydrogen producer, even as developers worldwide have struggled to secure the long-term offtake agreements required to underpin large-scale investments

Rupee hits one-month high as RBI measures, intervention boost currency

The rupee rose to 95.0725 in early trading, the highest since early September, before paring gains to trade higher by 0.5% at 95.25 per dollar

AI models may soon self-replicate without access to data centers: Anthropic

In its experiments, Anthropic looked at whether AI models could find vulnerable devices, copy themselves into ‌those devices, and continue spreading without ​human help

AI investment props up global growth, but war, debt threaten outlook: IMF

For 2027, the IMF predicts 3.4% global growth, ‌flat with the July forecast and up 0.2 percentage point from April

Cyberattack targets French supermarket fridges, sparks fires, spoils food

A cyberattack targeting connected refrigeration systems spoiled food and sparked fires at supermarkets across France, prompting a national investigation

Musk spends $276 mn on midterms to help Republicans retain Congress control

Musk's largess, which was reported earlier by the New York Times, makes the world's richest person likely the single-biggest political donor in this year's races, according to campaign finance ‌record