The announcement will be made at 11:30 pm Indian Standard Time on Wednesday. Analysts widely expect the US Federal Reserve to announce its first interest rate cut in over four years. While the exact size of the reduction remains uncertain, with predictions ranging from a quarter to a half percentage point, senior officials have signaled an impending cut.
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Binance has issued a statement related to WazirX’s $230-million hack that the WazirX team and founder Nischal Shetty have been ‘misleading’ customers and the market regarding their relationship. In 2019, Binance had announced that it had acquired WazirX. But its CEO Changpeng Zhao later in August 2022 took to X to say that his firm didn’t own any equity in WazirX nor did it control its operations.
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The Indian office market is experiencing a notable shift, with domestic companies projected to lease 60-65 million square feet of office space between 2024 and 2025, marking a significant departure from the historical dominance of global corporations, particularly those from the United States, according to a report by CBRE, a property consulting firm.
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