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Rupee gains 9 paise to 95.65 against US dollar in early trade

Mumbai, Aug 21 (PTI) The rupee gained 9 paise to 95.65 against the US dollar in early trade on Friday, supported by the weakening of the American currency in the overseas markets. Forex traders said for India, a softer dollar is being offset by another challenge elevated crude oil prices. Meanwhile, RBI Governor Sanjay Malhotra has indicated that the central bank expects at least USD 80 billion of foreign currency inflows. According to forex traders, while the RBI Governor’s statement offered some reassurance, elevated oil prices, persistent geopolitical uncertainty, and a structurally reduced foreign presence continue to neutralise fresh dollar

AI reshapes India’s IT services sector contracts as clients demand more for less

BENGALURU, August 21 (Reuters) – AI (Artificial intelligence) promised to disrupt India’s IT industry and it is delivering. Outsourcing giants like Tata Consultancy Service, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying fees ​to performance outcomes instead of hours worked, as clients demand steep price cuts and more productivity. Industry executives also say they are losing some work entirely as customers use AI to shift tasks ‌in-house, while all the uncertainty that the new technology has brought is resulting in shorter contracts. And where once the big IT companies won contracts because they could point to their

As workplace surveillance grows, experts say it’s good to know the ways your employer is watching

NEW YORK, August 21, 2026 (AP) — College administrators read an adjunct professor’s comments to students on personal essays. Managers told a pharmacist to spend less time with patients after tracking the number and length of her appointments. Scanners on a warehouse conveyor belt monitored the pace of workers to ensure they inspected hundreds of items per hour. Thousands of employers are keeping tabs on the whereabouts, productivity and communications of workers with technology that was adopted widely during the coronavirus pandemic. A vast array of digital tools still are being used to track locations, collect data on task completion

FBI on lookout for Kamal, a member of Bishnoi gang

Washington, Aug 21 (PTI) The FBI is on the lookout for Indian national Kamal, allegedly involved in transnational crime as part of the Lawrence Bishnoi gang. Kamal is wanted for his alleged involvement in a transnational criminal organisation engaged in conspiracy to interfere with commerce by extortion, the FBI said on Thursday. No Name Given Kamal is #wanted by the #FBI for his alleged involvement in a transnational criminal organization known as The Lawrence Bishnoi Organized Crime Group. The group allegedly engaged in conspiracy to interfere with commerce by extortion, and operated in the Central… pic.twitter.com/fC58IUeufq — FBI Most Wanted

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