Cyclone Biporjoy started from the east-central and southeast Arabian Seas and will shift northwards over the coming hours, intensifying into a severe cyclonic storm with winds between 135-145kmph reaching 160kmph over three to four days. As a precautionary measure, fishermen have been advised not to venture into the sea, and the weather office has issued…
EUR/USD is having difficulty climbing beyond the 1.0100 mark. The EURUSD pair is starting off the new week on a positive note, but is having trouble maintaining momentum and climbing beyond the 1.0100 mark. Prices have remained steady near the 1.0115 area, which is a three-week high that was reached last Friday. The downside doesn’t…
Elon Musk has taken to Twitter to announce that he is buying Manchester United. This comes as a surprise to many, as it was previously thought that he was not interested in football. However, it seems that he has had a change of heart and is now ready to take on the challenge of running…
In a remarkable turn of events, the social media giant Twitter has undergone a series of intriguing transformations, culminating in the replacement of its iconic blue bird logo with a mysterious “X.” But the changes didn’t stop there – the platform itself has been rebranded as X.com, signifying a significant shift in its identity and…
Gold price has been on a tear lately, and many investors are wondering if the Federal Reserve is behind the move. While the Fed doesn’t officially set the gold price, it does have a lot of influence over it. Here’s what you need to know about the Fed and gold. Gold prices have been on…
Toyota Indus Motor Company’s net profit rose by 23% to Rs. 15.80 billion in the year ended June 30, 2022, thanks to an increase in sales and income from other sources, according to a filing on Tuesday. However, in the fourth quarter (April-June 2022) alone, its net profit shrank by 90% to Rs. 0.51 billion…