India’s e-rupee circulation jumps as RBI eyes cross-border adoption
The Reserve Bank of India (RBI) is taking new steps to expand the utility of the digital rupee by introducing cross-border use cases in the next phase of its central…
Economy
1618 posts
Big, beautiful, or both? Musk questions Trump tax bill’s fiscal prudence amid deficit fears
Elon Musk has publicly expressed his disapproval of President Donald Trump’s recently passed House tax bill, a sweeping piece of legislation that the billionaire entrepreneur says runs contrary to his…
Rising Japanese bond yields stoke global market fears: can BoJ calm investors?
A fresh wave of volatility in Japan’s government bond market is unsettling investors worldwide, amid signs of weakening demand for long-dated debt and growing concern over the broader implications for…
Thames Water hit with record £123m fine by Ofwat for pollution and dividend payouts
The national water regulator Ofwat has imposed a record £122.7 million penalty on Thames Water following two separate investigations into the company’s operations and dividend practices. The fine, which is…
Gold regains ground after recent dip, but bullish momentum remains weak
Despite mixed signals, gold saw some buyers emerge on Wednesday, partially recovering from the significant losses of the previous day. However, strong bullish momentum remains absent, according to experts. “The uncertainty…
What if a weak US dollar was the plan all along?
The US dollar continues its decline and it’s now at its lowest level since 2023. Most headlines call it a warning sign. Another casualty of trade wars, deficits, and political chaos.…
Key events this week: JD Vance at Bitcoin Vegas, $ZRO’s launch, FTX payouts
The financial space looks to finalize May with notable volatility. Bitcoin is trading at $109,000 after tariff threats from the US curtailed its recent surge to fresh all-time highs.This article…
Oil prices under pressure as OPEC+ mulls further supply boost
The next setback in oil prices is looming as the Organization of the Petroleum Exporting Countries and allies meet later this week to discuss output levels for July. The eight OPEC+…
Poorest nations face $22bn China debt bill in 2025, risking cuts to vital services
The world’s most vulnerable economies are facing a mounting financial crisis, with debt repayments to China reaching record highs in 2025, according to new research by the Lowy Institute. The…
How Octopus Energy is betting on AI to drive global expansion via Kraken platform
In just a decade, Octopus Energy has evolved from a London startup into a global force in the clean energy sector. The company, which started with a handful of tech-savvy…