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Representations of cryptocurrency Bitcoin are seen in this illustration picture. File. | Photo Credit: Reuters Bitcoin hit a record high on March 11 above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Britain’s financial watchdog on Monday became the latest regulator to pave the way for digital asset trading…
Read More “Bitcoin hits record above $71,000 as demand frenzy intensifies” »
A file photo of former U.S. President Donald Trump and Hungarian Prime Minister Viktor Orban | Photo Credit: AP Former U.S. leader Donald Trump will not give money to help Ukraine fight Russia if he wins the presidency again and that will hasten an end to the war, Hungarian Prime Minister Viktor Orban said after…
A file photo of SEBI chairperson Madhabi Puri Buch. | Photo Credit: PTI There may be pockets of irrational exuberance in the Indian equity markets, markets regulator Securities and Exchange Board of India (SEBI) said on March 11, referring to concerns over stretched valuations of small- and mid-cap stocks and large inflows into mutual funds…
Commerce and Industry Minister Piyush Goyal. File photo | Photo Credit: ANI New Delhi Many developed and developing countries including Bangladesh, Sri Lanka, and nations of the Gulf region are keen to start trade in rupee with India as it would help cut transaction costs for businesses, Commerce and Industry Minister Piyush Goyal has said. He…
Forex traders said the rupee exhibited strength supported by a weak dollar and easing crude oil prices. Image for representation purposes only. File | Photo Credit: Reuters The rupee witnessed range-bound trading in initial deals against the U.S. dollar on March 11, as the support from fresh foreign fund inflows was negated by a negative…
Read More “Rupee trades in narrow range against U.S. dollar in early trade” »
After a record-breaking rally, the 30-share BSE Sensex went lower by 204.64 points to 73,914.75 due to profit-taking. File | Photo Credit: PTI Equity benchmark indices declined in early trade on Monday after rallying in the past two straight sessions amid weak trends from the US markets and selling in banking stocks. After a record-breaking rally,…
At one of Europe’s largest chemical complexes, German group Covestro is trialling the manufacture of a key product using sugar as a base material instead of oil, as the industry seeks to reduce its carbon footprint. The pilot project involves producing “aniline”, a chemical used in making foams — used widely in mattresses and armchairs,…
Read More “In climate push, German chemical maker swaps oil for sugar” »
Due to the demanding work hours, the study found that drivers are physically exhausted, and exposed to an increased risk of road traffic accidents. File. | Photo Credit: NAGARA GOPAL Almost a third of app-based cab drivers work for over 14 hours a day, while more than 83% work more than 10 hours and 60%…
Read More “Gig workers suffer from lack of social security, regulations: study” »
Union Minister of Commerce & Industry Piyush Goyal addresses the media on the signing of the India-EFTA Trade & Economic Partnership Agreement (TEPA) along with his counterparts in New Delhi on March 10, 2024 | Photo Credit: ANI India signed a free trade pact on March 10 with a group of European nations — Switzerland,…
Read More “What are the key details of India’s pact with the European Free Trade Association?” »
Mobile phone production in India jumped from ₹18,900 crore in 2014-15 to an estimated ₹4,10,000 crore in FY24, a report by ICEA said. File | Photo Credit: Reuters Mobile phone manufacturing in value terms jumped 21-fold to ₹4.1 lakh crore in India in the last 10 years as government policy measures like the PLI scheme…
Read More “India produces 97% of its total mobile phone demand locally: ICEA” »
