Rupee tumbled 8 paise against the greenback as crude prices continue to rise The rupee began Tuesday on a weak note, falling 8 paise to 95.38 against the US dollar in early trade, as uncertainty over the ongoing Middle East crisis and a rise in crude oil prices overnight weighed down the currency. Pressure also…
Gold prices may not be that much sensitive to higher oil prices as has been the case in the last few months unless oil surges sharply higher. However, as the Middle East situation remains volatile, gains in gold could be limited unless oil falls. Buying the dips is preferred over chasing the rally. Source link
Nvidia has joined hands with six Wall Street giants to raise over $500 billion to finance the next phase of AI infrastructure. Nvidia is turning to some of the world’s biggest financial groups to help fund the next phase of the artificial intelligence boom. Six Wall Street giants have joined the effort, which could raise…
Crypto losses deepen Trump Media’s woes as company doubles down on Truth Social Trump Media & Technology, the company behind US President Donald Trump’s Truth Social platform, reported a $238 million loss in the second quarter, as the value of its bitcoin and Cronos holdings tumbled. The three-month loss through June was more than 10…
Stock market recap: BSE Sensex, NSE Nifty50 ended previous session with modest gains Equity markets closed the previous session with only modest gains after a largely directionless session, highlighting the cautious approach investors were taking amid elevated geopolitical uncertainty and rising crude oil prices. BSE Sensex gained 43.27 points, or 0.06%, to settle at 78,542.44,…
Oil prices hold weekly gains as traders turn cautious over Strait of Hormuz reopening Oil prices stayed near their highest level in more than a week on Tuesday as hopes of a US-Iran deal to end their war and reopen the Strait of Hormuz weakened. WTI crude stood 0.09% up to $82.22 a barrel, while…
The company posted a 10.2% rise in the customer ARPU. NEW DELHI: Debt-ridden telecom firm Vodafone Idea on Monday reported a narrowing of loss to Rs 3,754 crore in the first quarter of the current fiscal mainly on account of relaxation given by govt on dues. The company had posted a net loss of Rs…
Propelled by oil, Singapore has emerged as the third largest goods export destination for India NEW DELHI: The West Asia crisis has opened several new markets for India’s oil product exports, with Italy and Spain among those at the top of growth charts, while Singapore and Tanzania have zoomed past traditional destinations.Propelled by oil, Singapore…
Crude prices jump over 1% as Hormuz reopening Oil prices rose over 1% on Monday as prospects of reopening Hormuz remained stuck in limbo. Brent crude gained 1.32% to $84.65 a barrel, around 7:30 am IST while WTI crude rose 1.04% to $78.99 a barrel.The rise came after both benchmarks fell more than 7% last…
Elon Musk’s billboard pictured on the day of SpaceX’s initial public offering (IPO) Elon Musk may have slipped below the trillion-dollar mark, but his fortune has hardly slowed down. Between 2025 and 2026, the world’s richest person added $319.5 billion to his wealth.In July 2026, Musk’s net worth stood at $725.1 billion, compared with $405.6…
