Bitcoin has erased all gains made since the election of United States President Donald Trump, underscoring growing fragility in the global cryptocurrency market as shrinking liquidity and broader financial uncertainty fuel sharp price swings. The world’s largest cryptocurrency fell below key psychological levels this week, reflecting heightened investor caution amid…
Tag: #GlobalMarkets
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SpaceX-xAI Merger: What It Means for Elon Musk’s Net Worth
Elon Musk has once again redrawn the contours of his corporate empire by announcing the merger of SpaceX with xAI, his fast-growing but capital-intensive artificial intelligence venture. The deal, valuing the combined entity at an estimated $1.25 trillion, marks one of the largest private-sector consolidations in recent history and places…
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India Boosts Primary Agricultural Credit Societies
The Government of India is actively working to increase exports of agricultural and allied products, enhancing the country’s share in the global market. During 2024-25, India’s agricultural exports reached a total of US$ 51.9 billion, reflecting consistent growth driven by policy support and infrastructure development. APEDA Initiatives to Boost Agri…
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CCI Clears Elliott Funds’ Stake Purchase in Toyota Industries
The Competition Commission of India (CCI) has approved the proposed acquisition of a minority shareholding in Toyota Industries Corporation by a group of global investment funds managed by Elliott Investment Management L.P. The clearance was granted after the regulator concluded that the transaction would not have an appreciable adverse effect…
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Dollar Slides, Yen Surges on Intervention Buzz
The U.S. dollar weakened sharply across global markets on Monday, while the Japanese yen climbed to a two-month high amid speculation of coordinated currency intervention. Investor caution intensified ahead of an upcoming Federal Reserve meeting and the anticipated announcement of a new Fed chair by the Trump administration. Yen Strengthens…
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Gold, Silver Hit Record Highs as Safe-Haven Demand Surges
Gold and silver prices scaled fresh record highs on Monday, reinforcing their status as the world’s preferred safe-haven assets amid mounting geopolitical tensions, currency volatility and uncertainty over global trade policies. The rally marks one of the strongest bull runs ever seen in precious metals, driven by a combination of…
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Gold Falls Below ₹1.53 Lakh, Silver Gains on MCX
Gold prices witnessed a notable decline in both domestic and international markets on Thursday, while silver managed to trade higher on the Multi Commodity Exchange (MCX). The easing of geopolitical tensions linked to Greenland and a stronger US dollar reduced safe-haven demand, prompting investors to book profits after a recent…
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Infosys Earnings Boost Sensex, Nifty Climb on Jan 18
Indian stock markets closed higher on Friday, January 18, as a strong Q3 earnings surprise from Infosys lifted IT stocks and reignited investor risk appetite. The BSE Sensex surged to an intraday high of 84,134.97, while the NSE Nifty 50 touched 25,873.50. Despite profit booking later in the session, the…
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Reliance Shares Slide 5% on US-Venezuela Tensions: Buy Now?
Reliance Industries Ltd (RIL) shares witnessed a sharp sell-off on Tuesday, January 6, sliding over 5% in intraday trade as global markets reacted nervously to escalating tensions between the United States and Venezuela. The decline marked the second consecutive day of losses for India’s most valuable listed company, sparking debate…
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Robert Kiyosaki Warns BRICS Could End Dollar Dominance
Renowned investor and author Robert Kiyosaki has issued a stark warning that the United States dollar could be heading toward the same fate as past failed reserve currencies, driven by the growing economic influence of BRICS nations. According to Kiyosaki, shifts in global trade, debt levels, and alternative settlement systems…