In a major escalation against archrival Iran, Israel launched a wave of strikes against Tehran’s military and major critical establishments early on Friday, including its nuclear facilities and ballistic missile factories. Following that, Iran targeted key Israeli cities on Saturday, prompting the Jewish state to launch a barrage of missiles on Israel on Sunday. At…
The Reserve Bank of India once again raised red flags over cryptocurrencies, warning that these digital assets could threaten the financial stability and monetary policy.Speaking to reporters after the central bank’s monetary policy announcement on Friday, RBI governor Sanjay Malhotra said, “There is no new development as far as crypto is concerned. A committee of…
Image used for representative purposes The Supreme Court on Monday questioned the Centre’s delay in establishing a definitive policy for cryptocurrency regulation, expressing concerns over its economic implications. The bench, comprising Justices Surya Kant and N Kotiswar Singh, drew parallels between Bitcoin transactions and illegal “hawala” operations. Justice Kant observed, “Trading in Bitcoin is an…
NEW DELHI: The US remained India’s largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at USD 131.84 billion, while the country’s trade deficit with China widened to USD 99.2 billion during the same period, government data showed. In the last fiscal, India’s exports to China contracted 14.5 per cent…
Boeing shares dropped sharply, slumping to 2.8% in premarket trading, after China ordered its airlines to stop taking deliveries of the American aerospace giant’s jets.This fresh blow pushed the company to $154.86 as trade tensions between Washington and Beijing intensified.According to a Bloomberg report, Chinese carriers were instructed not to accept any more Boeing aircraft…
US stock markets opened in negative territory Thursday morning, as investors remained cautious after a week marked by sharp swings and heightened volatility. The early declines come as investors analyse economic data, rising bond yields, and global uncertainty heading into the final sessions of a particularly turbulent week.As of 11:10 a.m. ET, the Dow Jones…
New Delhi: Foreign investors withdrew Rs 10,355 crore from the country’s equity markets in the last four trading sessions this month due to sweeping tariffs imposed by the US on most nations, including India.The outflow occurred after a net investment of Rs 30,927 crore in the six trading sessions from March 21 to March 28….
NEW DELHI: Foreign investors have infused nearly Rs 31,000 crore in Indian equity markets in the last six trading sessions primarily due to attractive valuations, appreciation in the rupee and improvement in macroeconomic indicators. The re-emergence of FPIs as buyers contributed to a smart recovery of about 6% in benchmark index Nifty, reflecting renewed confidence…
Shares of CoreWeave, the first artificial intelligence start-up to go public, opened their first day of trading on Friday at $39. That was down slightly from the initial public offering price of $40, which CoreWeave set a day earlier after reducing the size and value of its I.P.O. The company’s share price, trading under the…
“The card looked perfect.” Nick Bruce and his son “freaked out” when they pulled an autographed Lionel Messi card from a pack around the Christmas holidays at their Ferndale, Mich., home. It was a normal reaction for sports card enthusiasts discovering a rare autographed card of a superstar athlete. “Perfect” for Bruce meant sharp edges…