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10:38
The Reserve Bank of India lifts certain restrictions on rupee transactions
Golden Ten Data reported on April 20 that the Reserve Bank of India on Monday lifted certain restrictions on some types of rupee derivatives trading. Previously, the central bank had implemented such measures in April to prevent the rupee from continually hitting record lows. The Reserve Bank of India has withdrawn its earlier directive prohibiting authorized dealers from offering non-deliverable forward transactions to resident and non-resident users. At the same time, the bank also removed the restriction that barred users from rebooking forex derivatives contracts canceled after April 1. The new notice also states that authorized dealers are not allowed to enter into forex derivatives contracts involving the Indian rupee with related parties, but may cancel or renew existing contracts and conduct individual transactions with unrelated non-resident users.
10:35
Sports and leisure brand giant Lululemon Athletica recently unveiled its store expansion plan for fiscal year 2026
According to the plan, the company will add approximately 15 new physical stores in North America, with eight new stores opening in the Mexican market, making it the key area of this expansion. This strategic layout highlights Lululemon's emphasis on the growth potential of the Latin American market. By deepening its retail network in Mexico, the brand is expected to further tap into consumer demand in the region and consolidate its competitive advantage in the global sports apparel sector.
10:34
U.S. GoldMining Inc. (USGO) has officially launched its 2026 exploration plan, with the primary goal of fully assessing and unlocking the regional-scale potential of its Whistler project in Alaska.
This move marks the company's strong emphasis on the geological prospects of the project and its commitment to systematically uncovering its immense resource value through exploration efforts.
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