Business

Modi and Putin sign nine MoUs to strengthen ties

During the 22nd Annual Summit in Moscow, India and Russia have set an ambitious trade target of 100 billion dollars by 2030. In a significant move, the two nations signed nine Memorandums of Understanding (MoUs) spanning multiple sectors…

Bitcoin and ether plummet as Mt. Gox payout spooks markets

The cryptocurrency market experienced a significant downturn, erasing over $170 billion in value in just 24 hours, sparked by fears surrounding the Mt. Gox bitcoin payout. Bitcoin’s value plummeted by more than 6%, reaching a low of…

Bond prices fall, pushing Treasury yields to seasonal high

On Monday, benchmark 10-year Treasury yields reached their highest levels since mid-June, starting off a week shortened by the upcoming Fourth of July holiday. This period is expected to see subdued trading volumes. The rise in yields,…

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