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If you’re planning to take a home loan, this could be a good time for you. The Reserve Bank of India (RBI) made a significant cut of 0.50% in the repo rate on June 7, bringing it down to 5.5%. Since February 2025, the RBI has reduced the repo rate by a total of 1%. Customers are directly benefiting from this decision. Many banks have reduced their home loan interest rates, which means your EMI could now be lower than before. The best part is that this relief isn’t just for new borrowers — existing loan holders are also eligible…

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The Bitcoin market was recently subject to a significant price dip as a public feud between US President Donald Trump and the world’s richest man, Elon Musk, on Thursday negatively impacted the US financial markets. During this period, the premier cryptocurrency crashed by an estimated 5% from $106,000 to trade below $101,000.Interestingly, despite the short-term volatility, several key technical indicators now point to a potentially bullish setup. In fact, this latest pullback appears to complete a series of signals that historically precede major price rallies. Bitcoin Set For Price Surge, First Target At $130,000In an X post on June 6,…

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XRP is currently showing signs of vulnerability as its recent price action is becoming increasingly bearish. After attempting to reclaim upside momentum above $ 2.60 in May, the cryptocurrency has struggled to maintain this run, and its price action over the past few days has brought it close to losing the $2.10 price level.Notably, the price action has resulted in the formation of a head and shoulders pattern on the daily candlestick chart. This might be the final straw that finally sends the XRP price plummeting below $2.XRP Breaks Head And Shoulders NecklineAs identified by a crypto analyst on the…

Copper has become an essential building block in modern construction and energy. In the coming years, the global demand for copper is expected to increase significantly as it is used more widely for renewable energy projects and transmission. The Australian mining major BHP expects the demand for copper to grow by around 70 percent, to 50 million tonnes, by 2050, as it is used more widely for a range of applications. The adoption of electric vehicles (EVs), renewables, and data centres around the world is expected to drive copper demand beyond traditional applications. Copper demand is expected to grow at…

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Flexible staffing tech platform Coople has conducted a new survey, exploring how UK businesses feel about the recent changes to National Insurance Contributions and minimum wage. Due to rising costs, some businesses may respond by downsizing and working with freelancers. For this reason, the survey also investigates how business leaders feel about hiring freelance staff, including their concerns about misclassification of workers and other legal issues.   Coople asked 500 business owners and senior decision makers at UK SMEs about their staffing decisions and their concerns for the future.   Two thirds of companies shared that they work with freelancers at least some of…

The rising adoption of stablecoins could reportedly increase the volatility of U.S. Treasury Securities with short-term maturities. Some analysts say that as these dollar-pegged cryptocurrencies grow, their volatility could spread to the bills market, Reuters reported Friday (June 6). Any disruption in the stablecoin market could trigger liquidations that could drive down Treasury prices, they say, according to the report. In addition, if money moves from bank deposits to the stablecoin market, there could be less demand for U.S. Treasuries from banks, per the report. Other analysts counter that an increase in stablecoin activity would increase the number of buyers…