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Tether to launch tokens pegged to the British pound in an expansion of its lineup of stablecoins
Putting British pounds on the blockchain will provide a "faster, less costly option for asset trans…
Carla Mozée
Rishi Sunak on spending spree on skills, healthcare in UK Budget
Among the pledges unveiled by his Treasury department ahead of Wednesday's Budget speech, GBP 1.4 …
PTI
Rupee falls below 80/$ but it appreciated against Euro and others, point out experts
As predicted earlier, the Indian rupee on Tuesday crossed Rs 80 for a US dollar. The fall in the ru…
Travellers warned of delays as UK passport staff go on strike
International travellers arriving at UK airports have been warned of long delays as Border Force st…
PTI
Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign exchange transactions
The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public I…
ANI
IT sector Q1 earnings preview: All eyes on deal wins, revenue guidance cuts
Analysts expect top tier IT companies in India to report flat to slight decline in revenue growth f…
Former IDBI GM conspired with Vijay Mallya over short term loan to Kingfisher Airlines: CBI
A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disb…
PTI
India startup sector sees 80% drop in Q3 funding, slowdown to continue
The funding in Indian startups nosedived a massive 80 per cent (year-on-year) in the third quarter …
The pound jumps against the dollar after Liz Truss resigns as prime minister, but more volatility could be in store for markets as political and economic risks linger
The pound gained as much as 1% during Thursday's session, which saw Liz Truss give up her role as t…
Carla Mozée
Rupee hits another all-time low of 80.06/$ as dollar demand rises from oil importers
The rupee depreciated 1 paisa to its all-time low of 80.06 against the US dollar in opening trade o…
PTI
Fugitive diamantaire Nirav Modi seeks permission to appeal against his extradition in UK top court
The 51-year-old diamantaire lost an appeal on mental health grounds earlier this month, when a …
PTI
Mallya now appeals to overturn London High Court's bankruptcy order
Embattled businessman Vijay Mallya, who is based in Britain for over five years, is pursuing appeal…
PTI
The US dollar could fall from 20-year highs as the Bank of England sets sight on its largest rate hike in nearly 3 decades, says analyst
The BOE could hike its key rate by 50 basis points. Meanwhile, forget about a Fed rate-hike 'hat tr…
Carla Mozée
Moody’s retains India’s credit rating at ‘Baa3 stable’, says the economy is ‘diversified with high growth potential’
Ratings agency Moody’s retained India’s sovereign credit rating at ‘Baa3 stable’. The agency cited …
What is Forex? Understanding the market for exchanging foreign currencies
Forex stands for "foreign exchange" and involves trading one currency for another.
Charles Bovaird
COVID-19 vaccine may never be found, warns UK PM
Johnson said: "I must ask the country to be patient with a continued disruption to our normal way o…
PTI
Donations pour in for Indian-origin coronavirus victim in UK
"This is a terrible loss that will be felt personally by many people in our industry, and it shoul…
PTI
Thousands raised for Indian-origin coronavirus victim in UK
"This is a terrible loss that will be felt personally by many people in our industry, and it shoul…
PTI
Goldman Sachs says risks of 'sizable election surprises' are driving traders into hedges against a plunge in the pound
Potential shocks from election day on Thursday are driving up demand, and thus the price, of bearis…
Trista Kelley
Back to work as England's COVID-19 lockdown eases
"The worst possible outcome would be a return to the virus being out of control – with the cost to …