Rupee on Tuesday rose 3 paise to 89.95 against the US dollar in early trade supported by a weaker greenback and strong industrial output data. However, foreign fund outflows, marginally higher crude oil prices and a weak start in domestic equities limited sharper gains, forex traders said.At the interbank foreign exchange, the rupee opened at…
A resolution on general issues proposed at the CWC meeting invited a brief discussion after it blamed government for the situation in Bangladesh. However, CWC member Shashi Tharoor said the sentence needed to be rephrased as government or BJP could not be held responsible for the situation in the neighbouring country. Tharoor said government can…
JPMorgan Chase is weighing whether to offer cryptocurrency trading services to institutional clients, Bloomberg reported on Friday, citing a person familiar with the matter. The move would make the largest U.S. bank by assets one of the most prominent financial institutions yet to consider entering the crypto trading space for major clients. According to the…
Yesterday’s Amazon-driven risk rally is colliding with a sharp wobble in Nvidia, putting the AI-BTC-beta trade that lifted crypto back under scrutiny. Source link
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Looking ahead to the coming week, the region around the weekly low of 140,000 is anticipated to emerge as a pivotal support zone. (AI image) Gold and silver price prediction today: Gold and silver are exhibiting a slightly bearish bias, according to Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold…
NEW DELHI: An NRI’s praise for India after returning home following an eight-year gap has become viral.Investor Alok Jain wrote on X that a friend from New York had recently visited him. According to Jain, the visitor was struck by the energy in the country and how fast India appeared to be growing.“An outsider’s perspective…
NEW DELHI: India’s oil purchases from Russia have increased by nearly 45% in March, rising from around 1 million barrels a day (mbd) in Feb to 1.5 mbd in the first 11 days of the month.With transit through the Strait of Hormuz disrupted since the beginning of the conflict 12 days ago, supplies from oil-rich…
Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….
French authorities arrested John “Lick” Daghita, who allegedly stole tens of millions in crypto from the U.S. government. In an X post on Thursday, FBI Director Kash Patel confirmed Daghita had been arrested on Wednesday on the island of Saint Martin in a joint FBI and French Gendarmerie operation. In his social media post, Patel…
