MUMBAI: The rupee on Wednesday closed at 91.70 against the dollar, down 72 paise from Tuesday’s close of 90.98, as global bond market weakness, geopolitical tensions and persistent capital outflows weighed on sentiment, pushing the currency to a fresh all-time intraday low of 91.74.The currency weakened steadily through the session, marking its sixth consecutive day…
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Gold traded near multi-week highs through last week as expectations of a Fed rate cut continued to firm. (AI image) Gold price prediction today: Gold prices are expected to be driven by US Federal Reserve’s policy decision and comments by the Fed Chair, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services…
A DePin company that has 3.5 million users and is currently raising for a Series A won this year’s PitchFest at Consensus Hong Kong. Hong Kong-based zkME Technology won the $20,000 prize after a grueling two-day event where competitors positioned their solutions as key for various problems in the crypto sector. “If DeFi really wants…
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HYDERABAD: Energy transition player AM Group (AMG), which is backed by the founders of Greenko Group, plans to set up a 1GW (gigawatt) high-performance AI infrastructure hub in Greater Noida region, with an investment of $25 billion.The high-performance compute hub to cater to global AI workloads will be developed in a phased manner, with the…
Finance minister Nirmala Sitharaman with tablet containing Budget documents (File photo) NEW DELHI: Union minister Kiren Rijiju on Friday announced the dates for Parliament’s Budget session, which he said will be held in two phases from January 28 to April 2.“On the recommendation of the Govt of India, Hon’ble President of India, Smt. Droupadi Murmu…
OKX does not plan to rush into public markets in the U.S., even as the crypto exchange pushes deeper into global expansion and tokenized finance. “We will go public when we have confidence that we can give back shareholder value,” said Haider Rafique, the firm’s general manager and chief marketing officer, during a conversation at…
