[ad_1] Image Source : FILE PHOTO On Central Bank Digital Currencies, the document said CBDC has been gaining much traction with 86 per cent of the central banks globally reviewing its feasibility for cross-border transactions as well as for internal benefits Highlights The core theme of the vision documents is E-Payments for Everyone, Everywhere, Everytime…
[ad_1] Image Source : PTI (FILE IMAGE) Rupee recovers from record low, spurts 12 paise to 78.10 per US dollar Highlights Rupee recovered from its record low to close 12 paise higher at 78.10 against US dollar The dollar index fell from its elevated levels by 75 basis points Brent crude futures, the global oil…
[ad_1] Image Source : AP Traders work on the floor at the New York Stock Exchange in New York Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve has just made borrowing even costlier. And the economy actually shrank in the first three months of this year. Is the United States…
[ad_1] Image Source : FILE PHOTO Taming inflation: This is the largest hike in nearly three decades. Highlights This is signalling more large rate increases to come that would raise the risk of another recession The central bank is trying to tighten credit and slow growth with inflation having reached 8.6% This move may affect many…
[ad_1] Image Source : WTO LOGO Face-off between developed, developing countries imminent at WTO A clear divide has been emerging as WTO tries to negotiate an agreement on fisheries and India has categorically said that it is the developed world which is responsible for the depletion of marine resources and it will not compromise on…
[ad_1] Image Source : PIXABAY.COM. India’s power demand jumps by 45,000 megawatt in a year. Highlights India’s electricity demand on June 9 was recorded at an all-time high of 2,10,792 megawatts RK Singh said 1000s of villages that hadn’t seen electricity in 70 yrs were provided connectivity The current coal shortage in India is a…
[ad_1] Image Source : AP. This April 22, 2021, photo shows a Tesla Supercharger station in Buford, Ga. Tesla proposed a three-for-one split of its stock on Friday, June 10, 2022, a move that will make a single share of the electric car maker more accessible to investors but not affect the company’s overall market…
[ad_1] Image Source : PTI Govt ‘concerned’ about dip in LIC share price; calls it temporary blip Highlights Centre said it’s “concerned” about the temporary blip in LIC scrip. Life Insurance Corporation (LIC) was listed on the bourses on May 17 at Rs 872 a share. LIC share price news: The government on Friday said…
[ad_1] Image Source : AP The Friday June 10, 2022, report on consumer prices is expected to show that annual inflation slowed ever so slightly to 8.2% in May from 8.3% in the prior month. Highlights Inflation in the USA hit a fresh 40-year high in May and surged 8.6% from 12 months earlier Costs…
[ad_1] Image Source : PTI (FILE) EPF a dark horse despite cut in interest rate to 40-year low – 5 Reasons EPF Interest Rate 2021-22, EPF Interest Rate Cut: The Employeesâ Provident Fund Organisation (EPFO), responsible for regulation and management of provident funds in the country, has cut the interest rate on EPF to a…
