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By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$70,362.93 has stabilized above $70,000. Its relative strength is noteworthy given the selloff over the week, which saw it drop from over $75,000. Most assets saw sharp downturns over the period as the conflict in Iran escalated, damaging vital energy infrastructure. A hotter-than-expected February U.S….
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Years ago it was the Covid pandemic, then Russia–Ukraine conflict, then came Trump’s tariffs and now the world is witnessing a raging crisis in the Middle East. Different timelines, different circumstances but each time, the impact lands closer home. In the first week of the raging conflict with Iran, the US spent $11.3 billion. But…
The rupee plunged by 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent foreign fund outflows and a sharp rise in global crude oil prices amid mounting geopolitical tensions, PTI reported.Forex traders said the domestic currency remained under…
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NEW DELHI: An Indian national died in Riyadh following recent developments on March 18, the Embassy of India in Saudi Arabia confirmed in an official statement.The mission confirmed it is in touch with the deceased’s family as well as local authorities, and is providing all necessary assistance. It also expressed condolences and said it is…
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