Currency and Commodity Outlook 2024: Motilal Oswal Financial Services Currency Outlook
As far as the rupee goes for 2024, on the domestic front, momentum will be driven by centre electionsand flows that will be attracted in the equity and debt segment. Now that India has positioned itselfin the JP Morgan bond index it is likely to attract flows to the tune of over $25billion. On the globalfront, the Fed is...
Rupee Rises For 2nd Straight Day; Closing 12 Paise Higher At $73.05
The rupee gained for the second straight day and closed 12 paise higher at 73.05 (provisional) against the US dollar on Wednesday, supported by a rally in domestic equities and a weak American currency.
At the interbank forex market, the rupee opened at 73.11, and hit an intraday high of 73.05 and a low of 73.14.
It finally finished at 73.05,...
Nomics Brings Transparent Volume to Crypto Exchange Data, Leads the Way for Other Aggregators
Crypto market data provider Nomics.com is
measuring transparent volume, the percentage of cryptoasset trading volume occurring on transparent or trustworthy exchanges. This raises the bar for all cryptocurrency exchange data aggregators. Press Release – updated: Dec 18, 2019 BOSTON and MINNEAPOLIS,...
Bitcoin Extends Slide, Heads for Worst Week Since March 2020
Bitcoin fell heavily on Friday and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs.
The world's most popular cryptocurrency fell more than 5 percent to an almost three-week low of $28,800 (roughly Rs. 21 lakhs) in the Asia session, before steadying around $30,000 (roughly...
IRCTC Offer For Sale Successful, Government Prunes Stake By 20%
The government succeeded in divesting 20 per cent stake in the railway ticketing firm, Indian Railway Catering and Tourism Corporation (IRCTC) in the recently concluded offer for sale (OFS). The retail investors lapped up all the shares up for sale and the institutional investor portion was subscribed 1.34 times. Following the share sale, the government's stake in IRCTC will...
With Demand for Blockchain Experience Up, SIMBA Chain’s User-Friendly Platform Helps Portland State Prepare Students for Hot Careers
Press Release – updated: May 8, 2020 SOUTH BEND, Ind., May 8, 2020 (Newswire.com) – With pandemic-related job losses soaring, there’s a bright spot for tech-enabled jobseekers. In an April 24 article entitled “Inside Blockchain’s Coronavirus Hiring Spree,” Forbes reported the share of cryptocurrency...
Kolkata-Kunming must boost ties to benfit mutually: Mr Zha Liyou
25th April 2022, Kolkata: “Kolkata-Kunming (K2K), the sister cities of India and China, must step up trade, business, cultural ties and people-to-people contact in order to realise the fullest growth potential and benefit mutually,” said His Excellency, Mr Zha Liyou, the Consul General of People’s Republic of China in Kolkata. Mr Liyou visited and lauded the CWBTA Bengal Global Trade...
Bitcoin Soars Over 5%, Hovers Near $18,200 Mark Amid Broad Rally
Cryptocurrency Bitcoin jumped by more than $850 - or 5 per cent - to touch the $18,238.20 mark on Sunday, inching towards an all-time high of $19,666 registered this week. Recent gains in the virtual currency are part of a broader bull run that began last month after US-based online payments company PayPal allowed its customers to use Bitcoin...
Derivatives Exchange BTCMEX Launches Lucrative Affiliate Program and $120 Trading Bonus
Leading derivatives exchange BTCMEX is offering a $120 trading bonus and one of the industry’s most lucrative affiliate programs to all of its users Press Release – updated: Jan 24, 2020 HONG KONG, January 24, 2020 (Newswire.com) – BTCMEX is a...
Asia’s First Compliant Crypto Fund Has Emerged — Circle Fund
Press Release – updated: Jan 12, 2020 NEW YORK, January 12, 2020 (Newswire.com) – As the digital currency market matures from wild speculation to trust and integrity, a new crypto hedge fund has emerged — the first to be compliant in Asia. Circle...