MUMBAI: The rupee closed at a record 93.98/$ on Monday, down 35 paise from its previous close of 92.63. In the process, it breached its prior low of 93.73 and briefly slipped past 94 after market hours. Sensing the impact of the West Asia conflict on the Indian economy through inflation, growth and current account…
Welcome to our institutional newsletter, Crypto Long & Short. This week: Sylvia To on AI agents choosing denationalized money Top headlines institutions should pay attention to by Francisco Rodrigues Kamino hits $90M in OnRe liquidity while $KMNO drops 16% in Chart of the Week Thanks for joining us! -Alexandra Levis Expert Insights Hayek predicted it,…
NEW DELHI: Giving a push to ‘Make-in-India’ initiative, the defence ministry on Thursday inked a Rs 2,312 crore contract with defence PSU Hindustan Aeronautics Limited (HAL) for production of eight Dornier 228 Aircraft for the Indian Coast Guard.The contract was signed under the “buy (Indian) category” in the presence of defence secretary Rajesh Kumar Singh.The…
The US economy grew at a faster-than-expected annual rate of 4.3% in the July–September quarter, driven by stronger consumer spending, exports and government outlays, even as inflation remained above the Federal Reserve’s comfort level, according to official data released on Tuesday, AP reported.Gross domestic product (GDP), which measures the total value of goods and services…
Rupee entered 2026 on a weak note, slipping 11 paise to 89.99 against the US dollar in early trade on Thursday. This comes as persistent pressure from foreign fund outflows and trade-related uncertainty continue to cloud sentiment in the currency market. The currency fell sharply in 2025, losing nearly 5% since it crossed the 85-per-dollar…
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Quantum computing and the threat it poses to encrypted blockchains has once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language. The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing back against…
Experts say the next major rally may come only when long-term holders are exhausted, and true institutional capital enters the market. Source link
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MUMBAI: Electricity, chemicals and metals accounted for 60% of the proposed investments in terms of sectors while in terms of geography, Andhra Pradesh, Odisha and Maharashtra account for half of the total investments proposed in the country in the first nine months of FY26.According to a Bank of Baroda Economic Research note, new investment announcements…
