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Supplies of memory chips aren't expected to catch up with demand for at least another year and a half.
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New Delhi, August 28, 2026: India’s foreign exchange reserves surged to a record high of $729.3 billion in the week ended August 21, providing the Reserve Bank of India (RBI) with greater firepower to manage pressure on the rupee amid elevated oil prices and global economic uncertainties.
ING’s Peter Virovacz expects Hungary’s final 2Q26 GDP release to confirm a weaker-than-hoped quarter, with agriculture and construction dragging and services plus industry providing support. Investment is seen as a significant negative surprise on the demand side.
In an interview with Bloomberg on Friday, Cleveland Federal Reserve (Fed) President Beth Hammack said that it is time for the Fed to act with rate hikes, arguing that waiting will create pain.
Insider maintains 21,133 shares worth $2.4 million after routine liquidity event.
The Nifty 50 closed at 24,175, up 84 points or 0.35 per cent, while the Sensex settled at 77,264, gaining 0.43 per cent
The streaming service now costs $14.99 per month, with Apple One rising to $21.95 per month.
