The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...

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Indian shares are set for a muted start on Friday. Benchmark indices ended lower on Thursday, with Sensex down 297.55 points at 37,880.40 while Nifty50 fell 78.75 points at 11,234.55.

Indian shares are set for a positive start on Wednesday in line with global markets. Investors are likely to remain cautious amid mixed earnings for the quarter ended September 30. Asian shares advanced after Brexit and EU negotiators said they have overcome differences. At 7:27 AM, the SGX Nifty futures traded 42.50 points, or 0.37 percent, up at 11,477.50, indicating a strong start for the Sensex and the Nifty50.

Japan's Nikkei jumped 1.7 percent while Australian shares added 0.9 percent and South Korea's KOSPI index climbed 0.7 percent.

Benchmark indices BSE Sensex and NSE's Nifty50 are set for a positive start on Wednesday in line with global markets. Investors are likely to remain cautious amid mixed earnings for the quarter ended September 30. Asian shares advanced after Brexit and EU negotiators said they have overcome differences. At 7:27 AM, the SGX Nifty futures traded 42.50 points, or 0.37 percent, up at 11,477.50, indicating a strong start for the Sensex and the Nifty50.

Executives from Microsoft Corp., Citigroup Inc., Tesla Inc. and other large multinationals are meeting this week with Chinese President Xi Jinping and other Asian leaders, as well as US President Joe Biden.

Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022.

Nearly all Open AI employees have threatened to quit unless the board stepped down with both Microsoft and Salesforce putting out offers to poach the disgruntled employees.

The state-of-the-art campus plans to host approximately 3,000 AMD engineers in the coming years, and is focused on the design and development of semiconductor technology, including 3D stacking, artificial intelligence and machine learning.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

Gujarat Gas was in focus on Wednesday as the natural gas distribution company’s sales are likely to be affected next month due to a shutdown of Gujarat's Morbi ceramic cluster, which accounts for 50 percent of the former's PNG demand.

Wipro's hiring in the the first quarter of FY23 has been higher in comparison to its peers. HCL Tech added 2,089 employees and its attrition rate rose to 23.8 percent as compared to 21.9 percent in the previous quarter. Tata Consultancy Services (TCS) had a total headcount of 606,331 employees. The IT company added 14,136 employees, and its attrition rate climbed up from 17.4 percent in the last quarter of the previous fiscal to 19.7 percent in the June quarter.

According to the federation, GCMMF and its constituent member unions registered a group turnover of Rs 61,000 crore in 2021-22, a rise of Rs 8,000 crore compared to Rs 53,000 crore in 2020-21.

The commerce ministry's new rule provides work from home for a certain category of employees of a unit in Special Economic Zones (SEZs). Read on to know details here.

Ripple has presented a solid bearish signal by breaking below the 200-day moving average of $0.55, highlighting the presence of sellers in the market. However, the price is now battling to breach the 100-day MA at $0.53, and a successful break below this level could trigger a significant decline in the coming days. XRP Analysis By Shayan The Daily Chart...

The Runes protocol has hit a major milestone, surpassing 50 million inscriptions less than five months after its launch on the Bitcoin network. According to a tweet by the market intelligence platform IntoTheBlock, the milestone indicates continued usage despite the initial hype fading. Runes Exceed 50M Minted Tokens Runes is a Bitcoin token standard enabling the creation of fungible tokens...

The percentage of Bitcoin Unspent Transaction Outputs (UTXOs) in profit has fallen to its lowest level this year, last seen in October 2023. This decline in this metric aligns with the current plunge in bitcoin’s (BTC) price and the downward trajectory of the broader crypto market. According to a report by CryptoQuant analyst EgyHash, this could be a sign of...

Crypto holders in Europe will now be able to spend their crypto almost anywhere from the safety of their self-custodial wallets thanks to a new payment card from Mastercard. Mercuryo, a fintech platform for web3 firms, announced its collaboration with the payments provider on Thursday to launch “Spend” – a multi-chain crypto card and Mastercard that acts like a debit...