The US dollar-Indian rupee exchange rate will fluctuate between Rs 82 and Rs 84 during the second half of FY24, CARE Ratings said in a report. According to the credit rating agency, the rupee breached the Rs 83 against a dollar recently, but its decline has been curtailed by interventions by the Reserve Bank of India (RBI) across various markets, including the spot, non-deliverable forward (NDF), and futures markets.

Leading US-based investment firm Y Combinator-backed Akudo, a teenagers-focused neo-banking platform, is shutting down its core UPI and card business, media report said. According to Entrackr, citing sources, the decision comes in response to a Reserve Bank of India (RBI) directive that prohibited the use of the Unified Payments Interface (UPI) in a co-branding arrangement.

Union IT Minister Ashwini Vaishnaw on Saturday said that India has embarked upon its journey to become a semiconductor hub, as US-based Micron Technology broke grounds for its about Rs 22,500 crore ($2.75 billion) chip assembly and test facility here.

As hybrid work becomes the new normal, at least 25 million employees are now returning to office some days in a week globally. According to data shared by anonymous working professionals portal Blind, which tracked return-to-office (RTO) policies of more than 1,500 companies globally, 883 companies have a RTO policy requiring at least one day in the office, affecting 24.9 million employees in all.

For iPhone buyers in India, Reliance Jio has announced attractive plans which are applicable on ‘Make in India’ iPhone 15 purchased from Reliance Digital, JioMart or Reliance Retail Stores. Customers buying iPhone 15 from Reliance retail or online stores are eligible for a complimentary plan of Rs 399 per month for 6 months (3 GB/day, unlimited voice, 100 SMS/day). This results into complimentary benefits worth Rs 2,394.

The anticipation surrounding itel's newest masterpiece, the S23+, has reached a fever pitch, and for good reason. itel Mobile India is expected to launch the S23+, India’s first smartphone with a 3D curved AMOLED display priced under Rs 15,000 on September 26 in the country.

The global foldable market is expected to experience substantial growth in 2024, driven by the introduction of entry-level products, thus heralding the era of the mass foldable phones led by Samsung and Huawei, a report showed on Friday. In the second half of this year, competition in the global foldable product market is set to escalate significantly, driven by the entry of Chinese companies like OPPO and Honor, according to Counterpoint Research.

In the ever-evolving world of technology, where competition is fierce and innovation is the name of the game, realme, the rapidly emerging smartphone manufacturer, has emerged as a shining example of success.  realme has had a phenomenal time, with both a noticeable increase in sales and a burgeoning user base. Their unwavering dedication to product development and strategy that prioritises providing excellent value to customers are the secrets to their success.

JioAirFiber, offering high speed, low latency and attractive plans, is set to revolutionise connectivity with 5G fixed wireless access (FWA) service in India, a new report has said. With its high speeds and low latency and plans starting from as low as $7.2 (Rs 599), JioAirFiber serves as a substitute for wired broadband connections for homes as well as small and medium businesses, according to GlobalData, a leading data and analytics company.

Sam Altman-run OpenAI has said it is "having productive conversations" with creators around the world, including the Authors’ Guild, as more prominent authors sued the ChatGPT developer for copyright infringement. The Authors’ Guild and 17 well-known authors like Jonathan Franzen, John Grisham, George R.R. Martin, and Jodi Picoult have filed a fresh lawsuit in the Southern District of New York against OpenAI. According to the complaint, OpenAI “copied plaintiffs’ works wholesale, without permission or consideration” and fed the copyrighted materials into large language models (LLMs).