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Trump sanctions fail to dent flow? India’s oil imports from Russia top cross 1 million barrels a day; show resilience

India’s imports of Russian oil are expected to cross 1 million barrels per day this December. (AI image) Donald Trump’s sanctions on Russian oil majors don’t seem to have deterred Indian refiners from procuring crude – though non-sanctioned – from Russia. India’s crude oil imports from Russia are showing resilience in December, days after Trump’s…

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Aadhaar data security: Govt says UIDAI database remains breach-free; multi-layered systems protect 134 crore users

India’s Aadhaar database has not suffered any breach since its inception, the government told Parliament, underscoring that a multi-layered technology framework continues to safeguard the personal data of over 134 crore Aadhaar holders, ANI reported.In a statement placed in the Lok Sabha, the Ministry of Electronics and Information Technology said the Unique Identification Authority of…

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Air travel now runs on code: Inside the tech backbone reshaping airports

MUMBAI: As the global air travel industry becomes larger and more complex with each passing decade, airlines and airports are increasingly moving towards digitisation. From printed paper tickets that came in airline jackets, to home-printed e-tickets, to today’s digital boarding passes on mobile phones; from conventional check-in and immigration counters to biometric gates; and from…

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iPhone chips to be made in India? Apple in talks with Indian chip manufacturers; why it’s significant

This is Apple’s first such evaluation of having specific chips assembled and packaged within India. (AI image) Apple iPhone chips may soon be assembled in India with the tech giant in early discussions with Indian chip manufacturers regarding the assembly and packaging of components for the iPhone. This development could represent a significant advancement for…

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Trump’s H-1B visa crackdown: Why $100,000 fee will hit TCS, Infosys – explained

The proposed $100,000 fee for fresh H-1B workers by Trump could severely impact IT outsourcing and staffing sectors. (AI image) US President Donald Trump’s crackdown on immigration and H-1B visas will hit Indian IT firms, particularly Tata Consultancy Services (TCS) and Infosys, analysis suggests. According to a Bloomberg News study, the impact would be particularly…

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Asian shares today: Market mixed after Trump ‘sanctioned Venezuela oil tankers’; oil prices jump over 1%

Asian shares traded mixed on Wednesday, with strong buying in technology stocks supporting some benchmarks, while oil prices surged more than 1% after US President Donald Trump ordered a blockade of all “sanctioned oil tankers” entering and leaving Venezuela.Trump’s move followed last week’s seizure of an oil tanker off Venezuela’s coast by US forces, an…

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Rupee rebounds! Currency recovers on likely RBI intervention after opening at 91.07 vs US dollar; biggest single-day gain in 7 months

Capital outflow due to FII activity has been driven by geopolitical uncertainty. Rupee stayed under pressure on Wednesday, opening at a record low of 91.07 against the US dollar, down 0.05% from its previous close, before clawing back part of its losses, likely supported by intervention from the Reserve Bank of India (RBI), Reuters reported.The…

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Trump orders blockade of Venezuelan oil tankers: Oil prices jump; supply risks rise

Oil prices rose sharply on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, stoking fresh geopolitical tensions at a time when markets are already wary about weak global demand.Brent crude futures climbed 57 cents, or 0.9%, to $59.50 a barrel by 0135…

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