Hello,
The Reserve Bank of India on Friday held its repo rate at 5.25%, and announced a series of measures to attract foreign capital amid the prolonged conflict in West Asia.
Among other measures to support the rupee, the government has now scrapped taxes on interest income and capital gains for eligible foreign investors in government securities, per a PTI report.
Moving on to the world of technology, Amazon Web Services (AWS) has rolled out two new AI-powered capabilities aimed at helping startup founders accelerate product development and scale their businesses.
The new offerings, AWS Startup Advisor and agentic migration tooling, are designed to provide personalised guidance and simplify the process of building and migrating applications on AWS.
