MUMBAI: For the first time in nearly 15 years, the RBI has placed curbs on the size of bets that banks can take in the currency markets, taking away powers, hitherto, vested with bank boards. The move comes at a time when the rupee is under pressure due to a combination of sales by foreign…

MUMBAI: Building for startups as employees can come with their own competitive advantage—young ventures being set up by such tech professionals are finding favour with venture capital (VC) investors who are infusing funds into their companies even though the broader flow of investments continues to be selective.VCs are betting on experience here. The number of…

Canada readies retaliatory tariffs after Trump’s warning Canada is set to announce retaliatory tariffs against the United States on Tuesday, an official familiar with the plans told news agency The Associated Press, escalating a trade dispute that has sharply deteriorated after negotiations between Ottawa and the Trump administration collapsed.The expected measures come after Canadian Prime…