India and the United States released a joint statement on Saturday, announcing the framework for an interim trade agreement. Under the newly announced trade pact, tariffs on Indian goods will drop from 50% to 18%. “The US and India are pleased to announce that they have reached a framework for an Interim Agreement regarding reciprocal…
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As the Middle East conflict enters its third week, rising tensions are pushing global oil prices higher. Crude from the Middle East has seen the sharpest spike, becoming the world’s most expensive oil as disruptions to key supply routes continue. According to a Reuters report, S&P Global Platts assessed cash Dubai crude at $153.25 per…
The sanctions waiver in place since almost the start of the US-Iran conflict has benefitted India. (AI image) In wake of the US-Iran understanding for a peace deal and the signing of an MoU, the Trump administration has quietly let the sanctions waiver for Russian crude oil to lapse. US President Donald Trump had earlier…
Crypto caught a modest bid on Thursday after Wednesday’s inflation report showed underlying price pressures staying contained. Bitcoin rose about 1.9% over 24 hours to roughly $62,600, leading the majors, per CoinDesk data. Headline inflation rose 0.5% on the month and 4.2% over the year, the fastest annual pace since April 2023, but energy did…
BLA claims 84 Pak security personnel killed in Operation Herof (Representative image) New Delhi: Balochistan Liberation Army (BLA) on Saturday commenced “Operation Herof 2.0”, a large-scale military offensive characterised by synchronised attacks at dawn. While BLA claimed scores of casualties across the region, the official count stood at 12. The local administration claimed to have…
XRP slipped toward the $2 mark in early U.S. hours Friday as social sentiment around the token deteriorated sharply, with new data from analytics firm Santiment showing the deepest stretch of bearish commentary since October. The turn in crowd mood comes after a two-month slide of roughly 31%, leaving the token vulnerable to further downside…
Circle CEO Jeremy Allaire told Reuters in Hong Kong that there is a “tremendous opportunity” for a yuan-backed stablecoin, predicting China could roll one out within three to five years as digital currencies become more integrated into global trade and finance. The framing marks a shift from speculative idea to something closer to policy alignment….
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