In a recent interview, JPMorgan CEO Jamie Dimon has warned of a potential US economic crisis as the BRICS bloc grows more relevant. Indeed, the notable economist spoke at the Council of Institutional ...
Jio Financial Services’ stock has recently been declining. During Thursday’s intraday session, the share price fell by 1.34%. According to BSE statistics, Jio Financial Services has a market ...
Indian Railway Finance Corporation (IRFC) shares have delivered incredible returns over the last year. The stock hit an all-time high of ₹229 in July 2024 but has since cooled off. The stock is ...
Gold prices hit a record high of $2,592 on Wednesday after the Federal Reserve announced a 50 bps interest rate cut. The precious metal attracts heavy bullish sentiments and is up nearly 30 points in ...
De-dollarization is the most buzzing word in the global financial sectors across Asia, Africa, and South America. Emerging economies are focusing on lifting their local currencies on the global stage ...
BlackRock and Microsoft have announced that they are planning to launch a $30 billion fund to invest in artificial intelligence (AI) infrastructure. Indeed, the $9 trillion asset manager is teaming up ...
The day that the economy has long awaited has finally arrived as the US Federal Reserve has opted to cut interest rates by 50 basis points in a monumental development. The move is a massive moment for ...
Experts have different targets for crypto market growth. Ripple CEO Brad Garlinghouse sees $5 trillion by year-end. Analyst Dan Gambardello predicts $12 trillion by 2026. If XRP keeps its 1.57% market ...
Global confidence in the Chinese yuan is growing, while assurance in the US dollar is declining. Developing countries seek to use local currencies, and China is pushing for trade settlements with the ...
BRICS is working towards the creation of a new payment system without the integration of the US dollar in its mechanism, confirmed Russian Foreign Minister Sergey Lavrov. The minister added that the ...
Bitcoin jumped over 2% after the US Federal Reserve cut interest rates. This was the Fed’s first rate cut since 2020. The move affected the crypto market, changing investors’ behaviour. After the news ...
The BRICS alliance is working towards the formation of a new payment system to end reliance on the US dollar. The bloc wants to dim the lights on the USD and challenge the currency’s dominance in ...