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Sources say Syria has agreed to significantly reduce its oil imports from Russia in order to cooperate with the United States in lifting its designation as a "state sponsor of terrorism."August 4th - Although rainfall across my country has generally weakened recently, heavy rainfall continues in parts of Shaanxi, Hubei, Yunnan, and South China. Scattered showers are expected in eastern Northwest China, western and northern North China, and northern Northeast China, with locally heavy downpours. Additionally, severe convective weather is active in parts of southern Heilongjiang, western Jilin, and northern and western Henan. Floods exceeding warning levels have occurred in the main stream of the Songhua River and some small and medium-sized rivers in Northeast and Southwest China. The flood control situation remains severe and complex. On August 4th, the State Flood Control and Drought Relief Headquarters Office and the Ministry of Emergency Management organized a rolling joint consultation with the China Meteorological Administration, the Ministry of Water Resources, the Ministry of Natural Resources, the Ministry of Industry and Information Technology, the Ministry of Housing and Urban-Rural Development, and the Ministry of Transport to assess the recent trend of heavy rainfall and deploy flood control work in key areas. The State Flood Control and Drought Relief Headquarters and the Ministry of Emergency Management maintain a Level IV emergency response for flood control in Shanxi, Heilongjiang, Yunnan, and Shaanxi.According to Reuters, a senior Iranian source said that the outbound shipping route through the Strait of Hormuz will follow the route between Iran and Oman.Country Garden (02007.HK): In July 2026, the company achieved contracted sales of approximately RMB 2.26 billion attributable to shareholders, with a contracted sales area of approximately 280,000 square meters attributable to shareholders.On August 4th, it was reported that in the first half of 2026, the State Administration for Market Regulation guided local market supervision departments to focus on optimizing random inspections and "comprehensive one-time inspections" to prevent multiple and duplicate inspections, achieving positive results. In the first half of 2026, market supervision departments conducted random inspections of approximately 540,000 enterprises, with joint inspections by various departments accounting for 27%. The "scan-to-enter" system was accelerated, and digital technology was strengthened, resulting in a reduction of over 240,000 on-site visits, a reduction of approximately 62%, significantly improving the efficiency and effectiveness of supervision, achieving minimal disruption, and further reducing the burden on enterprises. The deep integration of joint random inspections by various departments with credit risk classification management was promoted, resulting in a problem detection rate of 36%, significantly enhancing the accuracy and effectiveness of supervision. Inspection results were promptly publicized through the National Enterprise Credit Information Publicity System in accordance with the law. In the first half of 2026, approximately 200,000 enterprises were included in the list of enterprises with abnormal operations due to problems discovered during inspections, continuously strengthening the bottom line of market integrity and significantly enhancing the compliance awareness of business entities.

Indian Exchange Volumes Benefiting from Bitcoin Price Drop

Cory Russell

May 12, 2022 10:09

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Bitcoin's anticipated fall from grace in recent days was a phenomenon that surprised investors and dealers. However, this was a happy moment for Indian crypto exchange operators, as trading volumes increased dramatically once BTC's price retested the lower $29,000 zone.

Indian Stock Exchange Volumes Increase

Following a dry period, trade volumes on Indian crypto platforms increased. For the most of this year, Bitcoin and other altcoins experienced a range bound price movement, and Indian crypto exchange volumes were similarly modest.


As bitcoin's price fell by more than 56% from its all-time high of $69,000 in November 2021, transaction volumes increased throughout marketplaces as a result of the selling pressure.


According to accounts from local news organizations, the increase in volumes in India was enormous and lasted almost two days. Trade volumes on crypto trading platforms including WazirX, CoinDCX, and Unocoin increased by 20 to 75 percent.


"Overall volumes increased by 70% between May 8 and 9," stated Nischal Shetty, Co-founder and CEO of WazirX, in an interview. In terms of trading, there is a mood of 'buying the drop,' as buyers have been somewhat controlling the market."


He went on to say that such purchasing activity shows that investor confidence in the market is still high, even at current levels.

India's Web3 Developments Increasing My Pace

According to a recent research, the number of Web3 developers reporting their locations climbed the highest in India and Russia, respectively, increasing to 5.3 percent and 4.3 percent of the market share. The United States, on the other hand, has lost over 20% of its market share since 2015.


With the emergence of Web3 and blockchain development in the Indian subcontinent, an increase in trading volumes amid a wider market fall indicates market players' trust. This meant that Indians succumbed to the "buy the dip" mentality.


"Volatility usually leads to a rise in volume on platforms like ours," said Minal Thukral, Executive Vice President, Growth and Strategy at CoinDCX. We're witnessing an increase in the number of people purchasing the dip and a decrease in the number of users selling it."


However, since the new tax policy took effect on April 1, trade volumes on Indian crypto exchanges have decreased. However, it seems that Indians are increasingly taking greater risks, indicating a growing interest in hazardous asset investments in the country.

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