Indian bitcoin company raises $1.5 million from U.S., Indian investors
NEW YORK Unocoin, a Bangalore-based bitcoin startup, has raised $1.5 million in funding from a mix of Indian and U.S. investors, the company announced on Thursday.
Reuters Market Eye - The rupee falls marginally to 54.46/47 versus its previous close of 54.35/36 on the back of some short-covering seen after the recent gains and as oil firms buy the greenback.
The rupee had risen to a three-week high of 54.2650 on Wednesday. Traders expect the pair to hold in a 54.20 to 54.60 range rest of the session.
Traders to watch the domestic share market movement for cues on foreign fund flows during the day. The BSE Sensex is trading up 0.03 percent.
Dollar demand from oil firms, the biggest buyers in the domestic currency market, will also be watched.
(Reporting by Swati Bhat)
BHUBANESWAR, India Tata Steel Ltd is making good progress on acquiring the land it needs to double the capacity of its newest steel plant in Odisha to meet growing demand in the country, a company executive said.
TOKYO Japan's core consumer prices fell in the year to August, a sixth straight month of declines and a daunting challenge for the Bank of Japan's relaunched stimulus campaign.