Rupee on Tuesday tumbled 42 paise to close at an all-time low of 89.95 against the US dollar, extending its depreciation streak and edging closer to the crucial 90-per-dollar mark.So far, the rupee has depreciated by over 4% this year, falling 0.8% in November alone.This slump was mainly driven by speculators covering their short positions…
As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) prepares to unveil its policy decision this week, economists and industry experts are divided over whether the central bank will cut rates or maintain its current stance.The meeting, which begins on Wednesday, has raised curiosity about the central bank’s decision. Here is what the…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2768.6, up 2.7% (+73.06) since 4 p.m ET on Monday. Nineteen of 20 assets are trading higher. Leaders: NEAR (+8.2%) and CRO (+7.6%). Laggards: ICP (-0.6%) and UNI (+0.6%)….
File photo: PM Narendra Modi with Russian President Vladimir Putin (Picture credit: PTI) NEW DELHI: Russia’s State Duma has formally approved a major military logistics pact with India just days before President Vladimir Putin lands in New Delhi for his December 4–5 state visit. The Reciprocal Exchange of Logistic Support (RELOS), which was signed on…
Retail investors who chased Michael Saylor’s Bitcoin vision are now confronting heavy losses, as the turmoil around Strategy Inc.’s stock intensifies and leveraged products tied to it unwind sharply. The rout has erased gains built during the crypto mania and left funds tracking the company’s volatile bets struggling to retain assets. The developments were reported…
These are some of the stocks posting the largest moves in the premarket. Source link
The struggle for markets to outperform global peers was real – despite the fact that the Indian economy has strong economic fundamentals. (AI image) Sensex and Nifty have had a rollercoaster ride this year – 2025 is a year when markets have struggled to go above the highs they hit in the second half of…
Shux utilizes a microscope to conduct research in the Destiny Lab on ISS. Pic Credit-Nasa Group Captain Shubhanshu Shukla’s (Shux) 20-day mission to the International Space Station earlier this year gave India a rare, first-hand view into how the world’s most complex engineering project functions on an ordinary day—and how it copes when things are…
China’s rare earth industry is set for faster shipments to select buyers after authorities issued the first batch of new export licences, a step that follows months of disruption caused by Beijing’s tighter controls earlier this year. The move reflects a key outcome of the Donald Trump–Xi Jinping summit, according to Reuters.The approvals mark a…
APT$1.9007 advanced 2.4% to $1.90 over the last 24 hours. The token outperformed the broader crypto market while trading volume spiked 40% above its 30-day average. The CoinDesk 20 Index (CD20) added 1.5% in the same period. The token’s combination of contained price movement with elevated activity typically signals institutional positioning ahead of larger moves,…
