USD
- World
China extends repayment period of USD 2 bn loan to Pakistan by one year
Islamabad: China extended the repayment period of Pakistan’s USD 2 billion loan by one year, easing pressure of the International Monetary Fund on the dollar-deficit country. The loan was originally due for…
- Business
Bitcoin slides under USD 90,000, erasing some of gains made under Trump
Washington: The price of bitcoin fell below $90,000 and other cryptocurrencies saw large drops Tuesday morning, erasing some of the gains digital assets have made since President Donald Trump took office on…
- Technology
Bitcoin soars past USD 100,000 ahead of possible early action on crypto by Trump
Washington: The price of bitcoin topped USD 100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week. Once…
- Business
Rupee rises 2 paise to 84.40 against US dollar in early trade
Mumbai: The rupee rose 2 paise to 84.40 against the US dollar in early trade on Tuesday amid a recovery in domestic equity markets and a weaker American currency against major Asian…
- Business
Rupee rises 2 paise to 83.96 against US dollar in early trade
Mumbai: The rupee rose 2 paise to 83.96 against the US dollar in early trade on Friday amid a weakening greenback. However, a rise in crude oil prices and constant FII outflows…
- Business
Rupee rises 2 paise to 83.97 in early trade
Mumbai: The rupee rose 2 paise to 83.97 against the US dollar in early trade on Monday, aided by a weaker greenback in the international market and a drop in crude oil…
- Pakistan
Pakistan cuts 1.5 lakh jobs, dissolves 6 ministries as part of IMF deal
Islamabad: To minimise administrative expenditures, cash-strapped Pakistan on Sunday announced to abolition of about 150,000 government posts, closing six ministries, and merging two others, as part of reforms agreed upon with the…
- India
Govt removes minimum export price on onion
New Delhi: The government on Friday scrapped a minimum price threshold for onion exports with a view to enhancing the income of Indian farmers. The government had previously fixed a USD 550…
- News
Bangladesh clears 1.37 Bn USD bimonthly ACU payments
Dhaka: Bangladesh has cleared 1.37 billion US dollars in bimonthly payments with the Asian Clearing Union (ACU), an arrangement for settling payments for intra-regional transactions among its members. After the ACU payment,…
- India
India to donate USD 85 mn to medicine centre in Gujarat
New Delhi: The Ayush Ministry and the World Health Organization have signed a donor agreement under which the Indian government will donate USD 85 million over a period of 10 years (2022-2032)…
- India
Adani Energy Solutions raises USD 1 bn in share sale, first since Hindenburg
New Delhi: Billionaire Gautam Adani-led group’s power transmission unit has raised USD 1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which…
- World
US: Harris campaign launches USD 50 mn advertisement blitz
Washington: Ahead of the Democratic National Convention next month, the Harris campaign on Tuesday announced the launch of an advertisement blitz, reminding voters of who she is: a fighter who has never…
- World
US: Kamala Harris campaign raises USD 200 mn as Democrats pick steam
Washington: Nearly a week after US President Joe Biden exited the presidential race and endorsed his deputy Kamala Harris as his successor, the Vice President’s campaign has raised USD 200 million, Al…
- Business
Govt cuts import duty on mobile phones, components: Experts
New Delhi: iPhone maker Apple is believed to be the biggest beneficiary of a 5 per cent reduction in import duty on mobile phones and the move could lead to savings of…
- Business
Rupee recovers 5 paise from all-time low to 83.65 against US dollar in early trade
Mumbai: The rupee recovered from its all-time low level and appreciated by 5 paise to 83.65 against the US dollar in early trade on Monday, as the American currency retreated from its…
