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Rupee stood firm on Monday, gaining 33 paise to reach 92.85 against the US dollar in early trade. This follows intervention by the Reserve Bank of India, as the bank stepped in to support the currency. The RBI tightened norms to curb speculative positions and capped banks’ net open positions at $100 million, even as…
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A familiar voice is back with a familiar, and controversial, call on bitcoin BTC$69,136.31. Mike McGlone, senior commodity strategist for Bloomberg Intelligence, is reiterating that bitcoin could crash to $10,000. But this time, he’s framed it with a very clear line in the sand: $75,000. If bitcoin decisively reclaims and holds that level, the bearish…
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Prime Minister Narendra Modi addresses a public meeting ahead of the West Bengal Assembly elections in Cooch Behar. (Photo: IANS) NEW DELHI: Prime Minister Narendra Modi on Monday extended warm greetings to party workers on the Bharatiya Janata Party’s Foundation Day, lauding their dedication and reaffirming the party’s commitment to development and public welfare.In a…
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