Search Results for: US Dollar

1 Euro equals 1 US dollar for the first time in 20 years

The euro and the dollar have reached parity for the first time in 20 years, signalling the market's assumption that the European economy is heading for a deep recession as a result of Russia's invasion of Ukraine, Euro News reported.

Jul 12, 2022

sensex live, nifty live, economic survey 2017, highlights of eco survey, stock market gainers

FPIs selling decreased; pull out only ₹4,418 crore from Indian market in July [details]

FPIs withdrew a sizable sum totalling Rs 1,10,628 crore from the Indian market during the April to June 2022 quarter.

Jul 10, 2022

Indian rupee hits a low of Rs 79.36 against USD, gold touches Rs 54K

The Indian rupee on Tuesday hit a low of Rs 79.36 against the US dollar and experts expect further depreciation.

Jul 6, 2022

RBI hits hard on Bitcoin, DeFi, crypto trading platforms

The Reserve Bank of India (RBI) has slammed unbacked crypto assets (such as Bitcoin), stablecoins and decentralised finance (DeFi) and crypto asset trading platforms, underscoring the need for regulatory guardrails to ensure financial stability and consumer and investor protection.

Jul 2, 2022

Swiggy initiates ESOP liquidity worth $23 mn; all employees now eligible [details]

Online food-delivery platform Swiggy on Thursday said its employees will have the option to receive liquidity of up to $23 million against their employee stock ownership plans (ESOPs).

Jun 30, 2022

Forex: Indian rupee slips to 78.68 against US dollar

The increasing global crude oil prices and inflation concern turned slippery for the Indian rupee as it went down against the US dollar on Tuesday.

Jun 28, 2022

Markets to remain choppy in expiry week with range bound movement

The week gone by behaved on expected lines and saw a decent recovery in the markets. It initially began just as a pullback but gathered steam as the week moved on and Dow also chipped in with decent gains.

Jun 26, 2022

Electricity used to mine Bitcoin decreased sharply as crypto crisis widens [In-depth]

The electricity consumption of the bitcoin network has fallen by a third from its high of 11 June, down to an annualised 131 terawatt-hours a year, according to estimates from the crypto analyst Digiconomist.

Jun 25, 2022

Delayed Tokyo 2020 Olympics cost double the original estimate; total cost pegged at ₹89,000 crores [details]

In a recent development, the organising committee of the Tokyo Olympics have revealed that the final price tag of the Games has cost them double the city's original estimate in 2013.

Jun 23, 2022

Crypto market flip-flops unlikely to stem slump, companies announce over 1,700 layoffs so far in June alone

Multiple crypto exchanges have announced layoffs that will, by Insiders' calculations, add up to roughly 1,700 job cuts in total.

Jun 22, 2022

A Conversation with Bhavdeep Singh, Managing Partner of Whitehawk Associates

Bhavdeep Singh says, However, much to my surprise and the shock of many, in late 2021 I decided to become an entrepreneur, launching Whitehawk Associates

Jun 21, 2022

Before Stock Markets Open: Optimism high on recovery of Sensex this week

Markets to recover some lost ground, says Arun Kejriwal on equity indices of Indian markets this week

Jun 20, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

Digital assets: End of the crypto craze? Indian investors wary as mega sell-off continues

As foreign portfolio investors continue to pull out money from the Indian equity market, the sell-off in the crypto market and the digital asset space has also accelerated in the wake of global economic meltdown.

Jun 18, 2022

Pakistan's new finance ministry chief Miftah Ismail

PAK could meet Sri Lanka's fate…; Pakistan finance minister sounds the alarm [details]

Pakistan's finance minister Miftah Ismail demands tough decisions like abolishing subsidies on petroleum products to avoid ending up in a similar position as that of Sri Lanka.

Jun 14, 2022

Asian markets fall sharply on likely US Fed action to rein inflation

Asian stock markets have fallen sharply as soaring prices in America triggered fears the US Federal Reserve will take tougher action to rein in inflation.

Jun 13, 2022

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