The rupee fell to a record low of 93.12 against the US dollar on Friday, pressured by rising global uncertainty and higher crude oil prices amid the ongoing Iran war.The domestic currency declined 0.55% to breach its previous low of 92.63 recorded yesterday, extending losses to nearly 2% since tensions in the Middle East escalated….
BitMine Immersion Technologies (BMNR) made its largest weekly purchase of either (ETH) this year, adding 71,179 ETH and extending a month-long ramp-up in buying even as crypto prices remain under pressure. The purchase, worth roughly $143 million at current prices, lifted the company’s total holdings to over 4.73 million ETH, about 3.92% of the token’s…
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India is turning to welfare payments to drive adoption of its central bank digital currency as it prepares to put the CBDC in the spotlight at a summit of BRICS nations later this year. The Reserve Bank of India is running about 10 pilot programs routing portions of the country’s roughly $80 billion welfare system…
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Exporters have raised strong concerns that the conflict could disrupt shipping through the Strait of Hormuz. (AI image) What will be the impact of the ongoing tensions in the Middle East on India’s trade, exports, crude oil and LPG supply? Growing geopolitical tensions in the Middle East following military strikes by the United States and…
India’s exchange rate framework came under renewed global scrutiny on Wednesday after the International Monetary Fund reclassified the country’s “de facto” regime as a “crawl-like arrangement”, two years after designating it “stabilised”. The change follows an IMF review conducted earlier this year and could shape how global investors read India’s approach to managing the rupee…
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JAMMU: A head constable of Jammu and Kashmir Police and his wife died, while their sons were injured when the vehicle they were travelling in skidded off the road and plunged into a stream in Doda district on Friday.The family, from Bani in Kathua district, was heading to Bhaderwah in their SUV when the accident…
