WazirX launches crypto Futures with lowest trading fees in the industry

Whale positioning on decentralized derivatives platform Hyperliquid has reached $4.236 billion in total exposure, with large traders showing an unusually balanced stance between bullish and bearish bets. Long positions account for roughly $2.099 billion, or 49.55% of total whale exposure,…

The post India Hikes Import Tariffs On Gold And Silver To 15%, Impacting Consumers And Industry appeared on BitcoinEthereumNews.com. India Hikes Import Tariffs On Gold And Silver To 15%, Impacting Consumers And Industry Skip to content Home Forex News India Hikes Import Tariffs on Gold and Silver to 15%, Impacting Consumers and Industry Source: https://bitcoinworld.co.in/india-gold-silver-import-tariff-hike-15-percent/

The post Indian Rupee: India weighs FX defence as Oil rises – BNY appeared on BitcoinEthereumNews.com. BNY’s Bob Savage reports India is considering emergency steps to protect foreign exchange reserves as higher Oil prices widen the current account deficit. Measures under discussion include fuel price hikes, import restrictions on Gold and electronics, and tighter hedging rules. The Reserve Bank of India (RBI) has already intervened to stabilise the Indian Rupee (INR) after it hit a record low, with reserves near $691bn. Policy toolkit aimed at Rupee stability “India is considering emergency measures to protect foreign exchange reserves amid rising oil prices and a widening current account deficit.” “Proposed steps include hiking fuel prices for the first time since the Iran conflict began, restricting non-essential imports such as gold and electronic goods, and encouraging public fuel conservation.” “Prime Minister Narendra Modi has urged citizens to avoid gold purchases for a year an

The post Gold: Indian demand risks under Modi call – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank strategists highlight concerns from India’s jewellery industry about a potential further setback in Indian Gold jewellery demand, which is important for the physical Gold market. They note that Prime Minister Modi has urged Indians to avoid Gold purchases for at least a year to protect foreign exchange reserves. Strategists also flag the risk of higher import duties if this appeal fails. Indian jewellery demand faces fresh risks “Despite the recovery in oil prices, gold has almost managed to hold on to the gains made in recent days.” “Meanwhile, India’s jewellery industry fears a further setback in Indian jewellery demand, which is crucial for the physical gold market: Over the weekend, Prime Minister Modi called on Indians to refrain from gold purchases for at least a year in order to preserve the country’s foreign exchange reserves.” “Although India purchased significantl

Bybit’s Mykolas Majauskas Advocates Tokenisation to Drive India’s $1 Trillion Fintech Economy

Jio's IPO strategy signals confidence in long-term growth, potentially boosting India's tech sector while intensifying market competition. The post Jio Platforms pivots IPO to pure fundraising, no investor exits appeared first on Crypto Briefing.

Insider Brief Indian construction robotics startup Flo Mobility announced raising $2.5M in new funding as the company expands deployment of autonomous material-handling systems across construction sites in India and international markets. According to the company, the round included backing from Mela Ventures, Arali Ventures, ARTPARK, VentureGarage, JITO Incubation & Innovation Foundation and DEVX Ventures. “We […]