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The Indian rupee strengthened to a one-week high on Friday, supported by steps taken by the Reserve Bank of India (RBI) to limit the impact of dollar buying by state-run oil refiners.The currency rose 0.5% to 92.7250 per dollar by 10:50 am, marking its strongest level since April 10. Traders said the move followed a…
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NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi on Friday launched a sharp attack on the Centre during the debate on the Women’s Reservation Bill and Delimitation proposals, alleging that the legislation was aimed at redrawing India’s electoral balance rather than empowering women.Speaking in the Lok Sabha during the special Parliament session, the…
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Grinex, a cryptocurrency exchange popular with sanctions-avoiding Russians, suspended operations after saying a cyber attack drained about 1 billion rubles ($13 million) from its systems. The platform, based in Kyrgyzstan, disclosed the breach on its Telegram channel and a statement on its website. It said the attack showed a level of coordination and technical skill…
Gold has entered a phase of consolidation after a strong rally driven by retail demand across key markets, global investment firm Jefferies said in its latest report.The firm noted that the surge in buying seen late last year and early this year—particularly in India, China and the United States—has begun to moderate, signalling a stabilisation…
