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Published on Dec 27, 2024

Rupee logs steepest intraday decline in nearly two years

The Indian rupee slipped by 55 paise to touch an all-time low of 85.82 against the US dollar during intraday trades on Friday, on continued dollar strength and month-ended demand for the greenback from importers, including oil companies.This was the …

Source: The Indian Express - Center-left
Published on Dec 27, 2024

Top news on December 27: Rupee hits new low; tributes pour in for Manmohan Singh; hailstorm alert in Delhi, more

Top news on December 27: From Rupee hitting a record low of 85.395 on strong NDF dollar bids on Friday to stock market ending on gains - here's a list of the top news for Friday, December 27. Indian rupee hits new lows on Friday The Indian rupee hit a …

Source: Livemint - Neutral
Published on Dec 27, 2024

Share market ends in green, Sensex settles at 78,699

IANS The domestic benchmark indices ended with gains on Friday as buying was seen in pharma, auto, IT, financial service, FMCG, media, and private bank sectors on Nifty. Sensex ended at 78,699.07, up by 226.59 points or 0.29 per cent and Nifty settled at …

Source: International Business Times - India - Neutral
Published on Dec 27, 2024

Manmohan Singh – The Constrained Genius

As Dr Manmohan Singh, went gently into the good night at the age of 92, he leaves behind a complex legacy as both an economist and a statesman who played pivotal roles in shaping India’s economic landscape. Born on September 26, 1932, Singh’s journey from …

Source: Financial Express - Neutral
Published on Dec 27, 2024

Manmohan Singh, the leader who liberalized India

As the parliamentary session began, a frail medium-height technocrat, Manmohan Singh, who was the then finance minister, stood up and, in one fell swoop for the next hour or so, liberalized and globalised the Indian economy on a scale never seen before. He …

Source: Mint - Neutral
Published on Dec 27, 2024

Rupee breaches 85.70 against US dollar, sees steepest single-day loss since February 2023

The Indian rupee depreciated to a fresh record low on Friday, amid strong dollar demand in the non-deliverable forwards (NDF) market. The rupee dropped 0.6% to a fresh record low of 85.7437 per dollar, registering its steepest single-day fall since …

Source: Livemint - Neutral
Published on Dec 27, 2024

Market Wrap: D-Street pares early gains, ends higher, Sensex closes 226 points up, Nifty above 23,800

In a volatile session on Friday, Indian benchmark indices erased most of their intraday gains but managed to close slightly higher, marking a modest start to the January series. The S&P BSE Sensex settled at 78,699, up by 226.6 points or 0.29% while …

Source: The Economic Times - Center-right
Published on Dec 27, 2024

South Korean won tumbles amid political woes; dollar strength undermines Asian FX

The South Korean won hit a fresh 16-year low and the stock market tumbled on Friday amid increasing political turbulence, while other emerging Asian currencies fell against a strong dollar in thin year-end trade. Stocks in Seoul fell as much as 1.7% in …

Source: Business Recorder - Neutral
Published on Dec 27, 2024

How Indian stock market benefitted under Manmohan Singh

“No power on earth can stop an idea whose time has come. I suggest to this August House that the emergence of India as a major economic power in the world happens to be one such idea. Let the whole world hear it loud and clear,” said Dr Manmohan Singh …

Source: India Today - Neutral
Published on Dec 27, 2024

INR devaluation to 9% GDP: Manmohan Singh's critical economic reforms"

Summarize When Manmohan Singh took over India's Finance Ministry in 1991, he introduced transformative economic reforms that boosted the country's struggling economy. He dismantled the restrictive License Raj, encouraged foreign investment, and …

Source: NewsBytes - Uncategorized
Published on Dec 27, 2024

Strong dollar weighs on Asian FX; S.Korean won at 16-yr low amid political woes

South Korean won at lowest since March 2009 Indonesian rupiah set for fourth straight weekly losses Indian rupee hits all-time low The South Korean won dropped to a fresh 16-year-low and the stock market tumbled on Friday amid increasing political …

Source: Interaksyon - Pro-Government
Published on Dec 27, 2024

Rupee slips to record lows of 85.35 amid strong dollar, FII outflows and rising crude prices

The Indian rupee continued its downward trend, hitting a new all-time low of 85.35 against the US dollar in early trade on Friday. This marked the fourth consecutive session of depreciation, with the rupee losing 8 paise from its previous close. The …

Source: Financial Express - Neutral
Published on Dec 27, 2024

'The Silent Reformer': From NREGA to RTI, Manmohan Singh Gave India Much More Than The 1991 Reforms

Last Updated:December 27, 2024, 10:51 IST Dr Manmohan Singh's government in 2005 brought NREGA, which was seen as a game-changer in India's fight against poverty, providing employment and financial security to millions of people in rural India. …

Source: News18 - Center-right
Published on Dec 26, 2024

Exporters seek special support for US markets

Exporters on Thursday demanded that a marketing scheme focusing on the US should be launched to generate an additional $ 25 billion in exports in next three years by taking advantage of the higher duties on Chinese products that president-elect Donald …

Source: Financial Express - Neutral
Published on 08:27 GMT

Healthy growth set to return this fiscal; rate cut likely sooner

NEW DELHI, Jan 1: India will have to navigate geopolitical headwinds, tame domestic inflation and nudge the private sector to further loosen their purse strings as the world’s fastest-growing major economy seeks more purple patches in 2025, leaving behind …

Source: Daily Excelsior - Label Pending
Published on Dec 31, 2024

FPIs turn net buyers of G-secs in December

After turning net sellers of government bonds under the fully accessible route (FAR) for the first time since India’s inclusion in the JP Morgan Global Market Index — Emerging Suite in November, foreign portfolio investors (FPIs) have again turned net …

Source: Financial Express - Neutral
Published on Dec 31, 2024

Gold Prices May Hit Rs 90,000 in 2025 on Strong Global Trends

NEW DELHI: Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue. …

Source: Kashmir Life - Label Pending
Published on Dec 31, 2024

Newsmakers of 2024: Sanjay Malhotra, Governor, RBI

When Sanjay Malhotra, a quiet, unobtrusive IAS officer, was chosen as the 26th governor of the Reserve Bank of India (RBI) earlier this month for a three-year term, observers were surprised — briefly. Soon came the realisation that the government merely …

Source: Financial Express - Neutral
Published on Dec 30, 2024

Iraq ends Dollar Auction Platform: Economic transformation and new challenges

Baghdad (IraqiNews.com) – As Iraq steps into 2025, a pivotal change is set to reshape its financial landscape. The Central Bank of Iraq has announced the termination of its electronic platform for monitoring foreign currency movements and transfers. While …

Source: Iraqi News - Uncategorized

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Published on December 30, 2024 - 12:00 GMT

American Lithium Announces Trading On the OTCQX Market

VANCOUVER, British Columbia, Dec. 30, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V: LI | OTCQX: AMLIF | Frankfurt: 5LA1) is pleased to report that the Company has qualified to trade on the OTCQX® Best Market, …

Distribution channels: Mining Industry ...
Published on December 31, 2024 - 19:00 GMT

FDCTech's 2024 Quarterly Results Highlights: The Company Streamlines Strategic Acquisitions in 2024 to Drive Growth and ...

The Company continues to deliver strong top-line growth, working capital surplus, and increased liquidity as it expands its market presence and enhances its trading technology offerings. Irvine, CA, Dec. 31, 2024 (GLOBE NEWSWIRE) -- FDCTech, Inc. (" …

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Published on December 30, 2024 - 14:00 GMT

Investearn.com Becomes a Global Benchmark in the Financial Industry

New York, NY, Dec. 30, 2024 (GLOBE NEWSWIRE) -- In a rapidly evolving financial landscape, one platform has risen above the rest, setting new standards for what digital finance can achieve. Investearn.com, a comprehensive Internet-based financial platform, …

Distribution channels: Technology ...
Published on December 29, 2024 - 12:00 GMT

Goldmarketer.com Revolutionizes Financial Services with the World’s First 24-Hour AI Intelligent Customer Service

New York, NY, Dec. 29, 2024 (GLOBE NEWSWIRE) -- In an era where customer expectations are higher than ever and the need for quick, accurate information is paramount, Goldmarketer.com has taken a groundbreaking step in transforming the landscape of online …

Distribution channels: Technology ...

Published on December 30, 2024 - 14:15 GMT

From Bullet Trains to Ancient Tombs: Matterport’s Most Popular 3D Spaces of 2024

Travel, hospitality, and entertainment top Matterport’s most viewed spaces of 2024—explore more at Discover SUNNYVALE, Calif., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), a pioneer in digital twin technology and spatial data capture, …

Distribution channels: Culture, Society & Lifestyle, Media, Advertising & PR ...
Published on December 29, 2024 - 03:45 GMT

SimpSide Introduces an All-in-One Trading Platform, Delivering an Efficient User Experience.

DUBAI, United Arab Emirates, Dec. 28, 2024 (GLOBE NEWSWIRE) -- To address the latest approach, SimpSide introduces an all-in-one trading platform that delivers an entirely new and efficient user experience. The platform is poised to redefine the users’ …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...

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Published on January 1, 2025 - 15:00 GMT

Crown Wealth Strategies Congratulates Pablo A. Magdaleno on Achieving FSCP® Designation

EL PASO, TX, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- Crown Wealth Strategies proudly announces that Pablo A. Magdaleno, President of Operations and Client Experience & Associate Financial Adviser, has earned the distinguished …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 1, 2025 - 15:00 GMT

Newly Released 'RENOVICTION': A Gritty Reflection on Housing Injustice, Corruption, and the Fight for Survival

"RENOVICTION reveals the dark truth behind the housing crisis—corruption, gentrification, and the fight for justice. A gripping, must-read story for 2025." TORONTO, CANADA, January 1, 2025 /⁨EINPresswire.com⁩/ -- RENOVICTION, the …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on January 1, 2025 - 14:00 GMT

Nexos Invest Expands Real Estate Private Financing and Development Loan Solutions in Miami, FL

Providing tailored private financing solutions, Nexos Invest supports real estate development and investment opportunities in Miami, FL. AVENTURA, FL, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- Nexos Invest is revolutionizing the …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on January 1, 2025 - 12:00 GMT

Fly Without Limits: How Hemp is Revolutionising Aviation’s Path to Net Zero in 2025

No, we’re not smoking it—we’re saving the planet with it. DUBLIN, IRELAND, January 1, 2025 /⁨EINPresswire.com⁩/ -- Tao Climate is revolutionising the aviation industry with an unexpected hero: hemp. Long associated with ropes, textiles, and, well, …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on January 1, 2025 - 05:01 GMT

Takeaways from 2024's Worldwide Industry Targeted Cyberattack Statistics for Cybersecured New Year 2025 by SecureClaw

In 2024, the year was proclaimed as the "Year of AI" due to advancements in AI technologies, 6G services, and even AI-powered, more sophisticated cyberattacks. DOVER, DE, UNITED STATES, January 1, 2025 /⁨EINPresswire.com⁩/ -- Historical …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 31, 2024 - 22:37 GMT

Henrik Fisker Sued for Fraud in Connection with Statements Made on Social Media Concerning EV Start-up, Fisker, Inc

MANHATTAN BEACH, CA, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- Henrik Fisker co-founded Fisker, Inc., an electric vehicle ("EV") start-up based in Manhattan Beach, California in 2016. After Fisker, Inc.’s October 2020 …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on December 31, 2024 - 22:11 GMT

Gravitas Recruitment Group Partners with Junior Achievement Hong Kong to Inspire Future Leaders

HONG KONG, HONG KONG, CHINA, December 31, 2024 /⁨EINPresswire.com⁩/ -- Gravitas Recruitment Group, a leading recruitment firm, recently hosted seven ambitious students from Junior Achievement Hong Kong for an immersive workplace experience designed …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 31, 2024 - 21:21 GMT

Houston's Baker Energy Consultancy Publishes Essential Chronology of Mexico's Energy Sector

Since 2018, foreign investors in Mexico's electricity and oil markets have been blindsided by laws, regulatory rulings, and actions by the government HOUSTON, TX, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- In contrast to the …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on December 31, 2024 - 21:08 GMT

Announcing Plant Chat™ AI Platform for Phyto Education and Research Created By Nanobles and GCRC CEO Mike Robinson

Leveraging Robinson's "Researcher OG" presence online and Endocannabinoid System expertise, AI gives users an experience while advancing research initiatives SANTA BARBARA, CA, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on December 31, 2024 - 19:17 GMT

Social AI Partners with Onchain Wellness & Bitcoin on Base to Revolutionize Mental Health Care Access with AI Solutions

Social AI and Bitcoin on Base (BTCB) Partner with Onchain Wellness to Transform Mental Health Access and Debut at the Golden Globes BEVERLY HILLS, CA, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- Social AI, a leader in AI-driven …

Distribution channels: Banking, Finance & Investment Industry, Human Rights ...
Published on December 31, 2024 - 17:24 GMT

Qatar Financial Expo & Awards (QFEX 2025) to Showcase Financial Innovation and Excellence in Qatar

DOHA, QATAR, December 31, 2024 /⁨EINPresswire.com⁩/ -- The highly anticipated Qatar Financial Expo & Awards (QFEX 2025) returns for its second edition, bringing together leaders from the global financial and technology sectors at the luxurious …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 31, 2024 - 17:08 GMT

Innovation in Digital Economy Summit (IDES 2025) Returns to Qatar for Its Second Edition

DOHA, QATAR, December 31, 2024 /⁨EINPresswire.com⁩/ -- The Innovation in Digital Economy Summit (IDES 2025) is back with its second edition, set to take place at the prestigious Marsa Malaz Kempinski, Doha, Qatar. This globally recognized event …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on December 31, 2024 - 17:00 GMT

Jason Ruedy, notes that homeowners are using home equity to consolidate debt and reduce monthly expenses amid inflation

Jason Ruedy, President of The Home Loan Arranger, notes that homeowners are using home equity to consolidate debt and reduce monthly payments amid inflation DENVER, CO, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- Jason Ruedy, …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on December 31, 2024 - 17:00 GMT

Jason Ruedy recommends homeowners opt for the 90% loan-to-value cash-out refinance instead of a second mortgage or HELOC

Jason Ruedy Urges Homeowners to Consider New 90% Loan to Value Cash-Out Refinance Option Before Taking Out a Second Mortgage or HELOC DENVER, CO, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- Jason Ruedy, President, CEO of The Home Loan …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on December 31, 2024 - 15:00 GMT

Orlando Rehabilitation Hospital Announces New Chief Executive Officer

John Laurenzana III, MBA, FACHE Takes the Helm as CEO ORLANDO, FL, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- With nearly two decades of healthcare leadership experience, John has made significant contributions in acute …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 31, 2024 - 14:20 GMT

Zypto Enters the Crypto Hardware Wallet and Travel Spaces in 2025, while Stengthening Core Product Lines

Zypto enters the hardware wallet space with the cable-free, mobile-first Vault Key Card—simplifying crypto self-custody and preps for crypto travel takeover. ŁóDź, POLAND, December 31, 2024 /⁨EINPresswire.com⁩/ -- Zypto, a leading innovator in …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 31, 2024 - 14:00 GMT

Sotheby’s Concierge Auctions: Over US$78M in Real Estate to Auction During ‘Visions of America’ at Sotheby's New York

The auction will culminate live at Sotheby’s New York on 29 January 2025 during the firm's 'Exceptional Global Properties' sale as part of Visions of America NEW YORK, NY, UNITED STATES, December 31, 2024 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 31, 2024 - 23:00 GMT

Guardian Capital Confirms Annual 2024 Special Distributions for Guardian Capital ETFs

TORONTO, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Guardian Capital LP ("Guardian Capital") announces the confirmed amounts of the annual special year-end distributions (the "Special Distributions") for the 2024 tax year for the ETF series of …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 31, 2024 - 22:00 GMT

Univest Securities, LLC Announces Closing of $3.1 Million Registered Direct Offering for its Client Lichen China Limited ...

New York, Dec. 31, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering ( …

Distribution channels: Banking, Finance & Investment Industry ...
Published on December 31, 2024 - 22:00 GMT

Western Investment Company Completes the Acquisition of All the Remaining Shares in Fortress Insurance Company

CALGARY, Alberta, Dec. 31, 2024 (GLOBE NEWSWIRE) -- The Western Investment Company of Canada Limited (TSXV: WI) ("Western" or "WICC"), today announced that, further to Western's news release of October 1, 2024, WICC has completed …

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