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Rupee falls 15 paise to 95.56 against US dollar in early trade

June 10, 2026
Finance

Mumbai, Jun 10 (PTI) The rupee depreciated 15 paise to 95.56 against the US dollar in early trade on Wednesday as fresh escalations in the West Asia war lead to a spike in crude oil prices and pressurised the rupee. Forex traders said the USD/INR pair opened on a negative note after US President Donald Trump said Iran was responsible for downing an American military helicopter near the Strait of Hormuz and that the US “must” respond to the attack. At the interbank foreign exchange market the rupee opened at 95.52, then lost ground and touched 95.56 in initial trade,

Meta ties up with Ambani’s Reliance for AI data center in India

June 10, 2026
AI

June 10 (Reuters) – Facebook-parent Meta said on Wednesday ​that it has tied up with Indian ‌billionaire Mukesh Ambani’s Reliance Industries for the U.S. company’s first AI-enabled data center in India. Reliance will ​build a data center with 168 ​MW capacity in Jamnagar in the western ⁠Indian state of Gujarat, which Meta will ​lease, with options to scale, according to the ​statement. Meta said India’s massive user base and fast-growing digital economy make it an ideal place to invest. India’s ​data center market is projected to nearly ​double to $13.11 billion by 2034, fueled by digital transformation, ‌cloud ⁠adoption and

India’s fertiliser ministry seeks to double subsidy fund as cost of Iran war mounts

June 9, 2026
Finance

NEW DELHI, June 9 (Reuters) – India’s fertiliser ministry has sought to double ‌its budgeted subsidy fund for the current fiscal year amid a global price rally, a government official said, as the South Asian nation increasingly counts the mounting cost of the Iran war. India, where farming is a mainstay, ​imports fertilisers such as urea and DAP, as well as liquefied natural gas, ​a key feedstock for urea production. The world’s third-largest oil importer and consumer also ⁠ships in about 90% of its oil and is one of the countries most-exposed ​to prolonged war-related disruptions to global energy supplies.

MIT researchers channel AI to turn hand gestures into robot training data

June 9, 2026
AI

CAMBRIDGE, Mass., June 9, 2026 (AP) — Humanoid robots struggling with tasks like grasping a cup have a new teacher — a person wearing an ultrasound wristband that captures the movement of muscles, tendons and ligaments beneath the skin. Researchers at the Massachusetts Institute of Technology developed the tool to collect data of human hand motion that could eventually help robots achieve the dexterity that has been difficult for machines to master. “Imagine people doing housework,” said Xuanhe Zhao, an MIT professor of mechanical engineering. “We can use the data obtained by our system to train a robot to do

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