Topic
governor
Rupee Surges 66 Paise on RBI Governor's Remarks; Sensex Jumps 776 Points
The Indian rupee strengthened sharply on Monday, closing at 95.91 against the US dollar, up 66 paise, after RBI Governor Sanjay Malhotra signalled the currency is undervalued and highlighted robust foreign inflows. The central bank's intervention amplified gains, with Brent crude falling 10% to below $88 per barrel. The Sensex jumped 776 points to settle at 76,836, while the Nifty rose 229 points to 23,996.
Technology New York Governor Signs First Statewide Data Center Moratorium, Halting Hyperscale Development for One Year
New York Governor Kathy Hochul signed an executive order enacting a one-year moratorium on hyperscale data centers over 50 megawatts, the first statewide pause in the US. The order directs the Department of Public Service to evaluate environmental and energy impacts and proposes ending tax incentives. The move follows growing opposition and a legislative bill with stricter limits.