Global central banks are gradually diversifying their foreign exchange reserves away from the US dollar and the euro, increasing exposure to other currencies and gold, highlighted a report by CareEdge Ratings.
The rainfall ended a long dry spell in the Quetta valley and surrounding areas, offering some hope to farmers who have been struggling with near-drought conditions. However, the showers quickly turned into a crisis, disrupting daily life across towns and cities and highlighting long-standing
New Delhi [India], December 18: In a significant moment for Dubai's luxury real estate market, actor-entrepreneur Vivek Oberoi of BNW Developments and Salman Ahmed, Co-Founder of Burj Mayfair Real Estate Brokers LLC, have come together to close a landmark nine-figure property transaction in
Mumbai (Maharashtra) [India], December 18: Credit Rating agency Standard and Poor's (S&P) Global Ratings has revised IIFL Finance's Outlook to 'Positive' from 'Stable' on recovering market share in gold loans, while affirming 'B+/B' ratings. S&P also affirmed its 'B+' long-term foreign curre
South Korean battery maker LG Energy Solution Ltd. announced on Wednesday that a massive deal to supply batteries to Ford Motor Co. is now over. The American car company sent a notice to cancel the agreement because it is changing its plans for electric cars. This deal was worth about 9 tril
Dollar Cost Averaging (DCA) is a long-term investment strategy in which you invest a fixed amount of money in an asset at regular intervals, regardless of market conditions.
"In today's time, Swiggy Zomato delivery boys, Blinkit Zepto riders, Ola Uber drivers, are a workforce on the back of which these big companies have become unicorns, they have got billion dollar valuations. In this entire ecosystem that has been created, if there's one group of people who
Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday reviewed the progress of various works being done to make the state a 'One Trillion Dollar Economy'.
The Indian rupee touched a historic low on Tuesday, breaching the 91-mark against the US dollar for the first time. The sharp fall highlights growing pressure on the domestic currency amid continued foreign fund outflows and weak capital inflows.
Singapore/ Jakarta [Indonesia], December 16: Synvo AI, a deep-tech spin-off from MMLab Nanyang Technological University (MMLab@NTU) Singapore, and Sobat Bisnis Group (SBG), a leading Indonesian enterprise technology company with deep ties to the multi-billion-dollar Mayapada Group, announced
India needs to rapidly scale up advanced manufacturing and frontier technologies to meet its long-term growth ambitions, Neeraj Huddar, Resident Fellow at NITI Aayog and Lead Architect of the NITI Frontier Tech Hub, said on Monday, warning that a business-as-usual approach could leave a mult