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Rupee recovers to 96.73 vs US dollar after RBI intervention, but dollar demand persistsThe rupee edged up to 96.73 per dollar after heavy RBI intervention helped it recover intraday. Persistent corporate dollar demand, a 7% ye...
Global Market: European stocks rebound as oil prices ease; telecom shares slide on SpaceX dealEuropean shares rebound as easing oil prices and retreating bond yields support sentiment amid hopes of reduced Middle East tensions. Telec...
Global Market: Singapore likely to tighten monetary policy as growth and inflation risks mountSingapore’s central bank is widely expected to tighten monetary policy on October 14 as resilient economic growth and rising inflation risk...
RBI’s sell-buy swaps slow rupee’s fall but push up forward premiums, making hedging costlier for foreign investorsThe Reserve Bank of India is engaged in dollar sell-buy swaps to stabilise the rupee's value. However, this has resulted in higher forward ...
Meta bans TikTok ads on its platforms in USMeta has implemented an immediate ban on advertisements from ByteDance across its platforms in multiple countries. This decision affects va...
F-35 parts were sent from Australia to Hong Kong: How a shipping error put sensitive US stealth technology near ChinaA shipment containing sensitive F-35 components was mistakenly routed through Hong Kong due to a communication failure. The parts were init...
Hundreds of thousands of dollars and a Putin ally: Why two Trump operatives' Bosnia work is drawing GOP scrutinyThe involvement of Trump associates James Blair and Chris LaCivita in advising Milorad Dodik has raised ethical concerns. Their work for Do...
Nvidia-backed Upscale AI launches platform to connect chips from rival suppliersUpscale AI has unveiled Token Fabric, a pioneering platform designed for creating data centers powered by AI chips. This innovative solutio...
RBI rate hike will not stem outflows, leaving central bank in a bindIndia’s first RBI rate hike in four years may not stop record capital outflows or ease pressure on the rupee, which has fallen 7% this year...
Gold slides to two-month low as robust dollar, yields add pressureGold prices have fallen to a two-month low due to a strong US dollar and rising Treasury yields. Spot gold dropped 1.6% to $4,096.13 per ou...
Powerball jackpot soars to $485 million for October 7 drawing - Here's what Wednesday night's winner could take homeThe upcoming Powerball drawing is set to feature an impressive jackpot of around $485 million, enticing players to try their luck. Winners ...
Is America’s $40 trillion debt driving Treasury yields above 5% as interest costs hit $1 trillion and overtake defense spending?America’s debt has crossed $40 trillion, with roughly $1 trillion added in only five months. A 10-year Treasury yield of 5.04% has made new...
Rupee ends flat, anchored by RBI intervention in face of global strainsThe Indian rupee ended little changed on Monday, bolstered by central bank interventions during ongoing pressures. A firmer dollar was obse...
Powerball jackpot jumps to $467 million for October 5 drawing - Here's what Monday night's winner could take homeThe upcoming Powerball draw on October 5 is generating excitement with a jackpot estimated at approximately $467 million. Players have the ...
Energy prices in USA: Electricity to cost the most in five states. Here's why, check listCalifornia-based think tank said there will be more demand for natural gas for electricity because the administration is canceling new wind...
British Indian pair, accused of cancer drug fraud, fight extradition to USA British Indian businessman and his ex-wife are fighting extradition to the US over allegations that they defrauded Medicare and other hea...
“God Made Trump, the Country He Loves”: 13 taxpayer-funded ads and $20 million campaign revealed as Trump’s unusual ad blitz expandsThe Trump administration is actively utilizing 13 taxpayer-funded, campaign-style ads to promote its policies. These advertisements showcas...