By Frank Walbaum, Market Analyst at Naga The US dollar held steady on Friday, hovering near two-week highs and on track to close the week in positive territory. The currency strengthened in recent sessions, supported by the nomination of Kevin Warsh as the next Federal Reserve chair, a series of…
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Circles partners with HCLTech to accelerate connectivity innovation for global telecom industry
NEW YORK and NOIDA, India, Feb 6: HCLTech, a leading global technology company, today announced that it has been selected by Circles, a global technology company empowering telecom operators with its innovative SaaS platform, to bring next-generation connectivity solutions to telecom operators and non-telecom brands worldwide. HCLTech will leverage its…
Continue ReadingBack behind the wheel: Ben Sulayem shares his luxury car collection to Paraguayan President Peña in Dubai
Dubai, UAE, Feb 6: FIA President Mohammed Ben Sulayem stepped back behind the wheel to give the President of the Republic of Paraguay, Santiago Peña, an introduction to his luxury car collection in Dubai. President Peña had been participating in the World Governments Summit in Dubai this week, and along…
Continue ReadingUS Futures Plunge further in Asian Session Amid AI Mutual Annihilation
By Samer Hasn, Senior Market Analyst at XS.com S&P 500 futures declined by 0.5% today to reach a new November low of 6751.50, driven by a toxic set of factors of extreme competition and disruption by AI companies, weakening labor data and a resurgent dollar. Greenback is acting as a…
Continue ReadingRBI Rate Status Quo Brings Stability for Borrowers, Boosts Housing Affordability
Mr. Rishi Anand, MD & CEO, Aadhar Housing Finance Ltd. “By keeping rates unchanged and having a neutral stance, the RBI is giving the economy time to absorb and pass on the impact of earlier rate cuts. While near-term inflation expectations have moved up slightly, rate stability supports borrower confidence…
Continue ReadingRBI Holds Repo Rate at 5.25%, Boosting Stability and Confidence in Real Estate Sector
Yashank Wason, Managing Director, Royal Green Realty, says “RBI MPC’s decision to keep the repo rate unchanged at 5.25% is a significant positive note for the real estate industry. The unchanged repo rate will significantly benefit both buyers and developers. For homebuyers, unchanged interest rates mean manageable EMIs which will…
Continue ReadingGold and Silver Prices Fall Amid Profit Booking and Stronger Dollar
Mumbai, Feb 6: Precious metals saw a decline on Friday, with gold prices dipping moderately and silver witnessing a sharper drop, as investors booked profits and the U.S. dollar strengthened. On the Multi Commodity Exchange (MCX), February gold futures fell by 0.97%, trading at ₹1,50,590 per 10 grams around mid-morning.…
Continue ReadingLand prices set to fall or off-plan prices to rise as 2026 becomes pivotal year for Dubai real estate
Firas Al Msaddi forecasts fewer new launches as handovers rise and pressure builds on developer economics Dubai, UAE, Feb 6: Land prices will need to adjust or off-plan prices will rise as 2026 shapes up to be a decisive year for Dubai’s real estate market, according to one of the…
Continue ReadingCrude Prices Retrace, Volatility Remains Amid Geopolitical Shifts
By Wael Makarem, Financial Markets Strategists Lead at Exness Oil prices retreated today after yesterday’s rebound, with geopolitical events dominating price action and fuelling a volatile environment. The developments in the Middle East remain a strong catalyst for crude and could continue to drive the market’s direction over the short-term.…
Continue ReadingStock Market Today: Sensex, Nifty Edge Lower Before RBI Policy Verdict
Mumbai: Indian equity benchmarks opened on a cautious note on Friday as investors awaited the Reserve Bank of India’s (RBI) monetary policy decision, scheduled for later in the morning. At around 9:25 AM, the BSE Sensex was down 134 points, or 0.16 per cent, at 83,179, while the NSE Nifty50…
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