Search Results for: US Dollar

A family photo ceremony prior to the 16th BRICS Summit plenary session

BRICS Summit 2024 Multilateralism for Global Development and Security

The 16th BRICS Summit in Kazan marked a milestone in international diplomacy, with the UAE joining as a full member. Leaders discussed key issues like reducing reliance on the U.S. dollar in trade and counter-terrorism.

Oct 23, 2024

Sensex ends lower, market trend remains positive

The Indian stock market closed marginally low on Wednesday as selling was seen in auto, pharma, and metal sectors.

Oct 23, 2024

Indian Stock Market : Long-term outlook for domestic market remains robust amid geopolitical risks

Despite a sustained selling pressure from the foreign institutional investors (FIIs) amid geo-political tensions this week, the long-term outlook for the domestic market remains robust with a stability in growth and a pickup in capex.

Oct 19, 2024

President Murmu, PM Modi extend Dussehra, Durga Puja greetings

As Indians across the nation and the world celebrate Dussehra and Durga Puja on Saturday, President Droupadi Murmu and Prime Minister Narendra Modi extended their warm wishes on the festivals that signify the victory of good over evil.

Oct 12, 2024

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Middle East tensions, high crude oil prices bring rupee to 84-mark against dollar

With elevated crude oil prices amid global geo-political situations, the rupee on Friday breached the 84-mark against the US dollar for the first time.

Oct 11, 2024

India's Top 100 Tycoons Cross $1 Trillion, Gautam Adani Ranked 2nd: Forbes Report

The collective wealth of India's 100 richest tycoons surpassed the trillion dollar milestone for the first time as more than 80 per cent of the country's richest tycoons are now wealthier than they were a year ago, a Forbes report showed.

Oct 10, 2024

Cryptocurrency Market: A Deep Dive into Value and Volatility

Reports that 85% of the world's cryptocurrencies are worth less than one cent, highlighting the market's volatility. Despite most cryptocurrencies having little value, the top five make up 82% of the total market cap, led by Bitcoin and Ethereum.

Oct 8, 2024

Fidelity reduces value of Musk's X by 79 pc, platform likely worth $9.4 bn

Musk's X downgraded 79% by Fidelity, platform likely worth $9.4 bn now

Global investment firm Fidelity has reduce the value of its holding in Elon Musk-run X (formerly Twitter) by a massive 78.7 per cent, which implies that the X social media platform is likely valued at just $9.4 billion.

Sep 30, 2024

Bull run hopes high amid expectations of under-performing stocks leading next

At close on Friday, Sensex was down 264 points or 0.31 per cent at 85,571 and Nifty was down 37 points or 0.14 per cent at 26,178.

Sep 28, 2024

Sensex, Nifty trade at all-time high, Bharti Airtel and SBI top gainers

In early trade, Sensex and Nifty made a new all-time high of 84,862 and 25,911 respectively.

Sep 23, 2024

Fed Rate Decision sends Indian markets high on trajectory, bullish momentum to continue

The ongoing bullish momentum is like to take Nifty towards 25,900-26,000 levels. On the upside, 26,000 will act as an immediate hurdle for Nifty.

Sep 21, 2024

Fed kicks off Interest Rate cut with 50-basis-points, Harris and Trump react

The Fed had maintained its policy rate in the 5.25%-5.50% range since July 2022, ending an 18-month period of rate hikes designed to combat a 40-year high inflation surge.

Sep 19, 2024

'Rs 25K for a concert? In this economy?' : Social media Influencer slams Diljit Dosanjh for Dil-Luminati India Tour ticket price; singer's fans support her

'Rs 25K for a concert? In this economy?' : Social media Influencer slams Diljit Dosanjh for Dil-Luminati India Tour ticket price; fans support

Influencer Saumya Sahni called out singer Diljit Dosanjh for an expensive ticket for his tour. She said that "middle-class people have no access".

Sep 13, 2024

AI City to come up on 200 acres near Hyderabad, says Telangana govt

The Telangana government on Thursday unveiled its vision of Artificial Intelligence City, an ambitious project that will come up on 200 acres near Hyderabad.

Sep 5, 2024

US Rate Cut Fuels Optimism in Indian Stock Markets

The anticipated US rate cut is expected to boost the Indian stock market and various sectors like IT, BFSI, automotive, and real estate. The Indian markets have been on a recovery rally, influenced by positive US economic data and global cues.

Aug 24, 2024

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