The Indian rupee’s sharp decline against the US dollar has become one of the most pressing financial stories of recent months. With global markets facing heightened uncertainty, investors, businesses, and policymakers are closely watching how Asia’s third-largest economy responds to mounting pressure. The fall in the rupee is not just a symbolic event—it carries direct consequences for India’s trade, corporate earnings, equity markets, and overall economic stability. According to a recent note from Crisil Ratings, the volatility in the rupee could reduce earnings for several sectors by as much as 250 basis points in fiscal year 2026. The Mumbai-based ratings…
Author: Bishnu Bhatia
Silver has extended its remarkable rally into the fourth consecutive day, pushing prices to levels not seen in 14 years. Spot silver (XAG/USD) traded near $39.85 on Friday, surpassing its previous July 23 peak of $39.53. With the U.S. dollar under pressure, safe-haven flows rising, and expectations of a Federal Reserve rate cut strengthening, silver is gaining powerful momentum. Investors are now watching closely to see if the metal can break decisively above the psychological $40 barrier, a move that could unlock the next leg higher. Read More: Dollar Slumps as Fed Hints Rate Cut, Eyeing a Steep Monthly Slide…
The U.S. dollar weakened against the euro and Swiss franc on Friday, heading for a 2% decline in August against a basket of major currencies. Traders are preparing for a widely expected interest rate cut by the Federal Reserve in September. Initially, the dollar rose after U.S. inflation data met expectations. However, it later lost ground, failing to break a three-day losing streak. The U.S. Commerce Department reported that the Personal Consumption Expenditures (PCE) Price Index rose 0.2% in July, following an unrevised 0.3% increase in June. This keeps the Fed on track for a rate cut at its September…
U.S. equities retreated from recent highs on Friday as investors assessed fresh economic data ahead of the three-day Labor Day weekend. The market pause came following the release of the latest Personal Consumption Expenditures (PCE) report, a key inflation gauge closely monitored by the Federal Reserve. The report revealed a month-over-month rise in “core” PCE inflation for July, intensifying investor caution. The S&P 500 slipped 0.2%, while the Dow Jones Industrial Average fell 0.6%, both retreating slightly after reaching record levels the previous day. The Nasdaq was hit hardest, dropping 1.2%, as technology sector stocks underperformed. Analysts pointed to mixed…
Ottawa — The federal government has reported a $3.3 billion deficit for the April-to-June period, marking the first quarter of the fiscal year with deeper financial challenges than many anticipated. The figure is slightly higher than the $2.9 billion deficit posted during the same quarter last year, underscoring the persistent strain on government finances amid shifting economic conditions. Read More: Bitcoin Surges Toward $100,000 as Trump Champions a Crypto-Friendly Future Revenue Growth Masks Deeper Issues While a deficit is never welcome news, government revenues did show signs of strength. According to the Department of Finance, revenues rose $3.5 billion, or…
Bitcoin surged dramatically toward the $100,000 mark on Thursday, driven by growing investor optimism over President-elect Donald Trump’s crypto-friendly agenda. The leading cryptocurrency briefly touched $99,073, marking a remarkable milestone after doubling its value in 2023. Following the election, bitcoin experienced a sharp 40% surge, reflecting renewed confidence in digital assets and signaling a potentially transformative phase for the cryptocurrency market. Read More: PBS Stands Firm on 2.68% GDP Growth Despite Mounting Data Dispute Trump’s Pro-Crypto Agenda Fuels Market Confidence Investors are betting heavily on Trump’s campaign promises to position the United States as a “crypto capital” of the world.…
The Pakistan Bureau of Statistics (PBS) has come under intense scrutiny after reporting a 2.68% GDP growth rate for the fiscal year 2024-25, a figure that has sparked debate among economists, policymakers, and analysts. At the center of this discussion is Dr. Naeemuz Zafar, Chief Statistician of PBS, who on Thursday publicly defended the reported growth rate, insisting that the methodology adhered to international standards and that the results were credible. Speaking at a press conference held at P Block, Islamabad, alongside Minister for Planning Ahsan Iqbal, Dr. Zafar reassured critics that the GDP calculations were consistent with guidelines from…
Purchase, NY — PepsiCo Inc., one of the world’s largest food and beverage companies, has achieved a major milestone in its nutrition and sustainability journey. The company announced it reached several of its key nutrition targets ahead of schedule, signaling a bold step forward in reshaping its product portfolio for a healthier future. In its 2024 Environmental, Social, and Governance (ESG) Summary, released on August 28, PepsiCo revealed it has successfully met its 2025 nutrition goals early. These include reducing added sugars in beverages, cutting sodium in convenient foods, and lowering saturated fat levels across its best-selling brands. The announcement…
Foldable smartphones are no longer a futuristic concept. In recent years, they have shifted from being niche gadgets to mainstream innovations that represent the cutting edge of mobile technology. Among the many brands pushing boundaries, Honor has emerged as a serious contender, steadily carving its place in the premium foldable segment. With the launch of the Honor Magic V5, the company claims the crown for the thinnest book-style foldable in the world. Yet, here’s the twist: that title doesn’t really tell the whole story. While Honor’s engineering achievement deserves praise, what truly sets the Magic V5 apart isn’t just its…
Most people interact with their smartphones by tapping, swiping, or typing on the screen. While that’s the usual way, there’s an even smarter option available—using your voice to control your phone. With Google’s Voice Access app, you can open apps, navigate menus, edit text, and even dictate messages without lifting a finger. This innovative tool turns your phone into a completely hands-free device, offering convenience, accessibility, and freedom. Read More: Secretly Record Calls Instantly with the Powerful New Phone Dialer App in 2025 In this article, we’ll explore what Voice Access is, its features, setup process, and how it can…