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Non-US world struggles to find common currency

The case for a non-US-control based international system of transactions is clear. The world needs to build pipelines

A souvenir bitcoin token is seen pictured with a 100 ruble bill in Moscow on July 30, 2024. Russian lawmakers voted on July 30, 2024 to tighten rules on petrocurrency mining, while also paving the way for it to be used in cross-border payments as a means to skirt Western sanctions. (Photo by Alexander NEMENOV / AFP) (AFP)
Published on Sep 30, 2024 08:43 PM IST
ByMonika Halan

Gold rates to reach new height by year-end?

Gold prices expected to rise to USD 2,750 per ounce by end of 2024, driven by strong investment demand and geopolitical concerns.

UBS forecasts gold at USD 2,850 by mid-2025, citing declining US interest rates and central bank purchases as key factors.
Published on Sep 30, 2024 01:27 PM IST
ANI |

Why did the US stock market rally today?

The S&P 500 surged 2.3%, and the Dow Jones increased by 1.76% since Monday's rout as jobless claims boosted investor confidence.

Thursday stocks opened up slightly up in the three major indexes a day after the Dow Jones and the S & P 500 had their worst day of trading since 2022, amid a global market sell-off centered around fears of a U.S. recession. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)(Getty Images via AFP)
Published on Aug 09, 2024 09:19 AM IST

Rupee hits record low against US dollar, weakens past 83.58

At the interbank foreign exchange market, the local unit opened at 83.43 and lost further to 83.48 against the greenback.

At the interbank foreign exchange market, the local unit opened at 83.43 and lost further to 83.48 against the greenback.
Published on Jun 20, 2024 02:34 PM IST
PTI |

FPIs halt selling: Sign of favourable Lok Sabha poll result calming investors?

Data from the National Securities Depository Limited (NSDL) showed that a week ago, the cumulative total of selling was approximately ₹28,000 crore.

New Delhi, India - May 25, 2024: A polling official sealing the Electronic Voting Machines (EVM) After the Sixth phase of voting for Genral Lok Sabha elections , at Govt. Boys Senior Secondary School (Bela road) in New Delhi , India, on Saturday, May 25, 2024. (Photo by Raj K Raj/ Hindustan Times)(Hindustan Times)
Updated on May 26, 2024 03:04 PM IST
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