Trump's 2024 presidential victory sends shockwaves through global markets
Nov 06, 2024, at 07:07 pm
New York/IBNS: Donald Trump’s victory in the 2024 US presidential election has sparked immediate reactions across global markets, with investors bracing for the policy shifts expected under his administration.
Bitcoin hits record high, crosses $75,000 as traders lean towards Trump victory
Nov 06, 2024, at 06:31 pm
New York/IBNS: Bitcoin on Wednesday (Nov. 6) soared to a new all-time high, surpassing $75,000 after early exit polls from the US presidential election indicated a slight advantage for Republican candidate Donald Trump.
Nov 06, 2024, at 06:26 pm
New Delhi/IBNS: The Indian rupee on Wednesday (Nov. 6) hit a record low as preliminary US presidential election results strengthened the dollar and weighed on Asian currencies.
India's diesel market signals warning as growth slows down
Nov 05, 2024, at 06:29 pm
Mumbai/IBNS: India's diesel market is showing signs of a slowdown as demand growth loses steam, raising concerns for the world's third-largest oil importer, reports Bloomberg.
FPIs withdraw Rs 94,000 crore from Indian equities in October in worst monthly outflow
Nov 04, 2024, at 10:09 pm
Mumbai/IBNS: Foreign investors offloaded approximately Rs 94,000 crore ($11.2 billion) worth of Indian stocks in October, marking the worst monthly outflow to date, driven by India's high stock valuations and more attractive pricing in China, as per NSDL data.
Oil prices rise by over $1 as OPEC+ delays output hike
Nov 04, 2024, at 08:23 pm
Beijing/IBNS: Oil prices saw further gains on Monday (Nov. 4), climbing more than $1 following OPEC+'s decision to delay a planned production increase by a month.