Oil prices fell on Tuesday ahead of the US presidential election, with Brent crude futures down 15 cents to $74.93 per barrel and US West Texas Intermediate crude down 14 cents to $71.33 per barrel, amid expectations of increased oil supplies from Iran and potential disruptions from a tropical storm in the Gulf of Mexico.
Open FlipIn a year marked by Bitcoin halving, Bitcoin Exchange-traded funds (ETF) getting approved, and the 2024 US election candidate Donald Trump’s endorsement of the digital asset, Indian crypto industry players are hyped with anticipation of seeing a significant rally in token prices if Trump wins. In the past month, with Trump’s comments of making US the ‘crypto capital of the planet’.
Open FlipThe Reserve Bank of India (RBI) has initiated its routine interventions in the forex market to halt major movements in Indian rupee, which has fallen to a record low, according to currency experts. The central bank swung into action after the rupee closed at an all-time low at 84.11 against the US dollar on Monday (November 4). The depreciation is being attributed to the slide in Indian equities.
Open Flip