MUMBAI: Several global banks and economists expect a 25 basis points (100 bps = 1 percentage point) repo cut in Dec 2025, possibly ending the current easing cycle. Near-zero CPI inflation in Oct has strengthened confidence that RBI’s monetary policy committee can ease rates even if July-Sept growth exceeds the central bank’s forecast of 7%.A…
Binance blamed the October 10 flash crash on a macro shock colliding with heavy leverage and evaporating liquidity, rather than any breakdown in its trading systems following speculative chatter on social media. In a report released Saturday, the exchange said global markets were already under pressure following trade-war headlines when crypto markets cracked. Bitcoin and…
CARACAS: Venezuela’s oil exports have plummeted since the US seized an oil tanker off the country’s coast this week and imposed new sanctions on shipping companies doing business with the embattled Latin American country, Al Jazeera reported.Oil tanker movements into and out of Venezuelan waters have almost come to a standstill, Al Jazeera’s sources stated,…
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Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex dropped in opening trade on Friday as US-Iran war tensions and crude oil prices continued to weight on sentiment. While Nifty50 went below 23,100, BSE Sensex was down over 800 points. At 9:16 AM, Nifty50 was trading at 23,045.55, down 261 points or…
LUCKNOW: Parents of the resident doctor of King George’s Medical University, who has been accused of sexually exploiting a colleague and pressuring her for religious conversion for marriage, were arrested from a rented flat in Thakurganj area of Lucknow on Monday.DCP (west zone) Vishwajeet Srivastava claimed Salimuddin (70) and his wife Khateeja (67), parents of…
NEW DELHI: The Commission for Air Quality Management (CAQM) lifted GRAP 3 curbs on Friday in Delhi-NCR as air quality showed significant improvement. The air quality index dropped from 380 on Thursday to 236 by Friday afternoon.“The AQI of Delhi, which was recorded as 380 on Thursday, has significantly improved and recorded 236 at 4…
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NEW DELHI: The road transport and highways has given its “in-principle” approval for the Atal Progress-way, also known as the Chambal Expressway. The project will connect the Delhi–Mumbai Expressway with the Bundelkhand Expressway and will pass through parts of Rajasthan, Uttar Pradesh, and Madhya Pradesh.The 420-km expressway, a mix of expansion of existing highway stretches…
By Omkar Godbole (All times ET unless indicated otherwise) Crypto traders, brace for potential volatility because the pivotal U.S. nonfarm payroll report for November is set to be released later today alongside October retail sales. The employment data will offer further insight into the extent of cooling in the U.S. labor market, shaping expectations for the Fed’s rate-cutting trajectory….
