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TURKEY EXCHANGE RATE IMPACT
Turkey’s cheap travel reputation is being undone by high costsTurkey's tourism sector is experiencing significant price increases for visitors. This makes the country less affordable compared to previo...- Capri Global faces Rs 74,000 penalty from NSE, BSE over compliance lapsesCapri Global has been fined Rs 74,000 each by BSE and NSE, plus applicable taxes, for delayed compliance with SEBI listing regulations. The...
- Pipelines and ports: Iran war spurs Gulf infrastructure investmentGulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...
- India rice exporters see Iran demand defying sanctions riskRice dominates trade between the two countries, accounting for nearly two-thirds of India’s $1.25 billion in exports to Iran in the fiscal ...
- Dollar near eight-day high as US data lifts Fed hike betsThe dollar showed a minor uptick following U.S. inflation figures that aligned with forecasts for an impending Federal Reserve rate increas...
- Rupee slide, valuation rules put foreign asset disclosure scheme out of reach for manyThe rupee's depreciation and strict valuation rules hinder foreign income disclosure. A one-time voluntary disclosure window allows regular...
- Global Market: Japanese businesses turn to currency hedging as weak Yen drives up import costsJapanese businesses are increasingly turning to longer-term supplier agreements and currency hedging as the yen’s prolonged weakness raises...
- Sterling hovers near six-month high underpinned by BoE rate hike expectationsThe pound is maintaining its position close to a six-month peak against the dollar, buoyed by expectations of interest rate hikes. However,...
- Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacksOn Tuesday, the U.S. dollar showed weakness against key currencies as investors reacted to new sanctions on Iran and attempts to reduce Tre...
- Food recall: Is your dog’s food affected? Check reason, list of recalled canned products of Fromm and moreFromm Family Foods has recalled two canned dog food products in the US and Canada. These products may contain small pieces of metal, accord...
- In 1978, Turkey Point workers found 1 crocodile nest when Florida had fewer than 300 left. 48 years later, about 400 live in its canals, turning a nuclear plant into an unlikely crocodile habitatAn unexpected discovery at Turkey Point nuclear plant in 1978 initiated a crocodile recovery. Engineers built canals which created an accid...
- BSE shares: Prabhudas Lilladher cuts target price to Rs 4,025 as CAS hits derivatives volumesPrabhudas Lilladher retained its ‘Buy’ rating on BSE but lowered the target price to Rs 4,025 from Rs 4,850, citing a slowdown in derivativ...
- 'It's a Carry World': EM trade notches longest run since 2008The carry trade landscape in emerging markets is shining brightly, leading to remarkable returns for investors. This approach, which entail...
- Israel says it has ‘no interest’ in escalation with Turkiye over Syria strikeIsrael stated no interest in escalating tensions with Turkiye over a recent Syria airbase strike. The Israeli foreign minister stressed a p...
- The next war nobody wants: Can Israel and Turkey avoid a conflict?Israel's recent strike on Syria's Abu al-Duhur airbase signals a new dangerous front. The underlying contest involves shaping Syria's futur...
- In 2016, Turkey deliberately sank an entire Airbus A300, turning a passenger jet into an artificial reef, 75 feet below the surfaceA decommissioned Airbus A300 was deliberately submerged off the coast of Turkey to enhance diving tourism and safeguard marine ecosystems. ...
- Mossad chief, Syria minister discussed Turkey troops days before Israeli strikeIsrael's spy chief Roman Gofman spoke with Syria's Foreign Minister Asaad al-Shaibani last week. They discussed Turkey's increasing militar...
- As election looms, Netanyahu puts Turkey in Israel's crosshairsIsraeli Prime Minister Benjamin Netanyahu targets Turkey amid a tough election fight. Warplanes bombed a Syrian base near the Turkish borde...
- Rupee hits three-week low, traders wary about fall to 96/USD as RBI stands guardOn Wednesday, the Indian rupee hit its lowest point since late July, primarily due to high oil prices and sustained demand for the dollar. ...
- Why Pakistan is boosting defence ties with a nation known for its piratesPakistan is expanding its defense engagement through a new security pact with Somalia. This agreement covers counter-terrorism, military tr...
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