Tue, Nov 5, 2024 1:16 PM
Ramchandra Leasing Standalone September 2024 Net Sales at Rs 0.07 crore
A Flip by Shubhangi Gupta
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.
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In 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’.
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The 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.
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