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The ECB lifted its deposit rate to 0.75% from zero and raised the main refinancing rate to 1.25%, their highest level since 2011, as inflation was at risk of getting … Read More
Food shortages are worsening in Tunisia with empty shelves in supermarkets and bakeries, adding to popular discontent at high prices and risking unrest as the government tries to stave off … Read More
The euro was hovering above Tuesday’s two-decade low on Thursday as investors awaited a policy decision from the European Central Bank (ECB) and comments from the head of the Federal … Read More
Even as the economic recovery gains momentum, dwindling wage growth is emerging as a bigger worry as this leads to tepid demand and resultant under-utilisation of capacity, further elongating the… … Read More
The market capitalisation of BSE-listed firms reached an all-time high of Rs 282.66 lakh crore on Thursday, helped by a rebound in equities. NDTV Profit-Latest
The exporters should wait for the dollar to pullback from its recent high before hedging their future receipts in currencies other than the greenback, analysts said on Thursday. NDTV Profit-Latest
The rise of fintech services and digital banking could spur financial risks and potentially a crisis over the long term, Michael Hsu, Acting Comptroller of the Currency, a major U.S. … Read More
A year after El Salvador adopted bitcoin as legal tender, the area where the world’s first cryptocurrency city was meant to be built – a circular metropolis powered by a … Read More
The rupee held on its sharp gains from earlier in the day, even as the dollar reversed losses and edged higher. NDTV Profit-Latest
The Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia’s Sokol crude oil this month, sources familiar with the deal said. NDTV Profit-Latest