Rupee hits fresh record low of 70.22 against US Dollar

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

Indian stock markets opened in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

The domestic stock markets opened with modest gains on Wednesday as easing crude oil prices supported investor sentiment, even as geopolitical tensions in the Middle East continued to remain in focus.

Istanbul [Turkey], March 10: Turkcell and ZTE/Netas have signed a new collaboration agreement in the field of fixed wireless access (FWA). Within the scope of this collaboration, ZTE/Netas's next-generation FWA solution, which combines 5G and Wi-Fi 7 technologies, will be positioned within the Turkcell 5G Superbox ecosystem to support Turkcell's broadband vision.