Navi Mumbai Police Book 2 in Alleged Iridium Investment Scheme Promising Rs 28 Crore Return

Navi Mumbai police have booked two men accused of running an unregistered investment scheme that promised returns of up to Rs 28 crore on deposits as small as Rs 2 lakh, built on a story about iridium supposedly found along the West Bengal-Bangladesh border.

News 2026-10-16 20:34

Pakistan's Foreign Exchange Reserves Inch Higher to $26.86 Billion After Small Weekly Gain

Pakistan’s foreign exchange reserves increased by $16 million over the past week, bringing total reserves to $26.86 billion. The State Bank of Pakistan now holds $21.47 billion, while commercial banks account for $5.39 billion.

News 2026-10-16 20:18

Why Modern Traders Are Choosing PrimeXBT: Broker overview and Key Benefits

Choosing a broker today goes far beyond market access. Traders also look at trading costs, platform functionality, available instruments, leverage, risk management tools, account options, and how easily they can manage their funds. PrimeXBT brings these elements together in a multi-asset trading environment designed for different levels of experience and trading styles.

News 2026-10-16 18:49

Sensex Posts Best Day in 4 Months as India Dodges Global AI Rout

Indian benchmarks logged their best session in four months on Thursday, with the Sensex surging 1,533.72 points (2.11%) to close at 74,315.61 and the Nifty 50 gaining 374.65 points (1.66%) to settle at 22,997.35 — even as a global rout in AI and chip stocks hammered markets from Seoul to New York.

News 2026-10-16 15:30

RBI has burned through half of its $140 billion FX war chest defending the rupee, bankers say

The Reserve Bank of India has spent roughly half of the $140 billion it raised through special foreign-currency measures this year defending the rupee, according to estimates from economists and FX traders across six banks.

News 2026-10-16 14:32

UK's FCA Exposes Troubling CFD Fees and Broker Practices

Britain's Financial Conduct Authority (FCA) has raised fresh concerns over pricing transparency and consumer protection in the contracts for difference (CFD) industry, warning that some trading firms continue to impose questionable charges despite years of regulatory scrutiny.

News 2026-10-16 11:59

MTrading Broker Review: Regulated but Is It Safe for Traders?

This MTrading review examines the broker's regulatory status, WikiScore, company background, trading accounts, platforms and available financial instruments.

News 2026-10-16 11:48

Global Stocks Slide as Hot Inflation Drives Bond Demand

Global stocks retreat as hot U.S. inflation fuels uncertainty, while defensive bond buying weakens yields and Australias jobs shock pressures the Aussie dollar.

Industry 2026-10-16 01:03

U.S. Dollar Dives As Treasury Yields Fall: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The sell-off in the AI sector pushed Treasury yields lower and put pressure on the American currency.

Industry 2026-10-16 00:36

BluVox Markets Ltd Review 2026: Safe Trading Haven or High-Risk Trap?

In-depth Q4 2026 review of forex broker BluVox Markets Ltd: Analyzing offshore regulatory status, platform offerings, WikiFX safety scores, withdrawal risks, and global trader safety.

Exposure 2026-10-15 20:36

Wholesale prices jumped 6.3% annually in September, biggest gain since 2022

September producer prices were expected to increase 0.6% month-over-month and 5.5% annually, according to the consensus estimate by Dow Jones.

Industry 2026-10-15 20:32

Pakistan's SECP Approves New Intelligence Unit to Detect Financial Fraud

Pakistan's SECP has approved a Corporate Intelligence Unit to proactively detect suspected financial fraud, monitor illegal financial activities and protect investors.

News 2026-10-15 20:04

Facts to Know: A Complaint From a Trader in India Raises Questions Regarding MilelePrime in 2026

An Indian trader has questioned MilelePrime forex broker over an account termination and inaccessible funds. Review the complaint, regulatory claims, India’s forex rules, and key risks.

Exposure 2026-10-15 19:12

Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challenge

Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.

Industry 2026-10-15 17:30

NPBFX Broker Exposed: What Are Other Traders Saying About This Broker?

This NPBFX review examines user complaints and trading experiences reported on WikiFX, including withdrawal delays, disputed account profits, copy trading concerns and positive feedback. It also explores the broker's regulatory status and WikiFX risk warnings.

Exposure 2026-10-15 16:52

US Dollar Price Forecast: DXY Eyes 102.40, Can EUR/USD and GBP/USD Break Resistance?

DXY rebounds from 101.93 as Treasury yields retreat despite hot U.S. CPI, while EUR/USD targets 1.1237 and GBP/USD tests 1.3281 resistance.

Industry 2026-10-15 16:11

Axi Introduces New Function for MT5 Traders to Trade with Claude

Online brokerage Axi has introduced an artificial intelligence integration allowing eligible customers to execute trades through Anthropic's Claude assistant.

News 2026-10-15 13:56

IMF Hikes India FY27 Growth to 7% as Rupee Nears Record Lows — What It Means for Your Trades

The International Monetary Fund has raised India's FY27 growth forecast to 7%, up 60 basis points from its July estimate, even as retail inflation climbs to 5.5% and the rupee hovers near record lows.

News 2026-10-15 13:05

Digital Arrest, Fake Trading App, a ZIP file: Three Hyderabad Victims Lost ₹5.35 crore in One Day

Three people in Hyderabad lost a combined ₹5.35 crore to cyber fraud in a single day, city police commissioner V.C. Sajjanar said. The complaints were separate: a digital arrest, a fake trading app, and a suspicious ZIP file. The victims were a doctor, an accountant and an elderly woman.

News 2026-10-15 11:44

Trader Sues BitMEX for More Than RM108 Million Over 1,053 Losing Trades

A British cryptocurrency trader is pursuing a claim worth more than £20 million against the operator of BitMEX, raising a potentially significant legal question over whether investors can recover losses from derivatives transactions conducted through an allegedly unauthorised trading platform.

News 2026-10-15 11:20