WazirX Launches Crypto Futures Trading Amid Recovery After $230 Million Hack

WazirX Launches Crypto Futures Trading Amid Recovery After $230 Million Hack

Indian crypto exchange WazirX has launched futures trading on its platform as part of its recovery strategy following the $230 million cyberattack that disrupted operations last year. The company said the new futures segment offers one of the lowest fee structures among Indian crypto exchanges, with maker fees at 0.02% and taker fees at 0.04%,…

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Rupee strengthens! Indian currency surges 26 paise against US dollar; at 89.92 in early trading

Rupee strengthens! Indian currency surges 26 paise against US dollar; at 89.92 in early trading

The rupee showed slight improvement against the US dollar on Wednesday, surging 26 paise to reach 89.92 in early trading. This came due to a weaker dollar globally and falling crude oil prices. The currency had already shown positive movement on Tuesday, ending its four-day decline.Starting the day at 90.20, the rupee kept getting stronger…

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Lower electricity prices? CERC reviews power trading fee to ease cost; sector gears up for market coupling

Lower electricity prices? CERC reviews power trading fee to ease cost; sector gears up for market coupling

Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….

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