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How Real-Time Payments Are...

The finance industry is undergoing a major shift as real-time payments (RTP) move...

The Role of WealthTech...

Income inequality is a pressing global issue, and while there's no single solution,...

How to Invest in...

The world of cryptocurrency can feel like a thrilling rollercoaster—highs that make you...

Indian Rupee Slides to...

The Indian Rupee depreciated by 22 paise in early trade today, reaching 87.41...
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Indian Rupee Slides to 87.41,...

The Indian Rupee depreciated by 22 paise...

Paytm Simplifies Small Payments with...

Paytm has launched a game-changing feature, UPI...

Indian Rupee Slides to 87.41, 22 Paise Lower Against US Dollar in Early Trade

The Indian Rupee depreciated by 22 paise in early trade today, reaching 87.41 against the US Dollar. This movement is attributed to several economic factors, including the strengthening of the US Dollar and rising global oil prices. India’s import reliance on crude oil makes the currency particularly sensitive to fluctuations in oil prices, which directly impact demand for foreign currency, putting pressure on the rupee. Impact on the Economy Increased Import Costs: The depreciation of the rupee raises the cost of imports, especially crude oil. As oil prices rise, the cost of...
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Indian Rupee Slides...

The Indian Rupee depreciated by 22 paise in early trade today, reaching 87.41 against the US Dollar. This movement is attributed to several economic...
News

Paytm Simplifies Small...

Paytm has launched a game-changing feature, UPI Lite Auto Top-Up, designed to streamline small, everyday transactions under Rs 500. The new offering allows users...
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Transforming Finance: Kiran...

In a rapidly evolving financial landscape, artificial intelligence (AI) is playing a pivotal role in transforming banking services across India. Kiran Jagannath from AWS...
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Barclays Achieves 18%...

In a notable financial turnaround, Barclays has announced an 18% increase in pre-tax profit for the third quarter of the year. The bank's robust...
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