MUMBAI: RBI’s plans to add nearly Rs 1.5 lakh crore to money markets will provide temporary relief but that may not be enough, analysts say. Further action could be required in the fourth quarter of the current fiscal, they said. If the rupee remains under pressure, RBI may need to use its reserves to limit…
In repeated burglary cakewalks, thieves have been raiding a Nadiad confectionery, Krishna Dairy Products, and have had criminally sweet success 10 times in nine years. The shop’s owner, Mukesh Pandit, 44, said the burglars seem to treat money only as a light dessert. “Most of the time, thieves took some cash but loads of mithai…
NEW DELHI: The online money gaming industry may be crippled after the govt’s ban on their operations, but Korean esports major Krafton — the maker of the popular Battlegrounds Mobile India (BGMI) game — is doubling down on India. The company is lining up investments of around $200 million (around Rs 1,800 crore) for the…
With Bitcoin now in its fourth quadrennial halving, other decentralized projects have adopted similar supply-cut cycles — and Bittensor is approaching its first since launching in 2021. Bittensor, a decentralized, open-source machine-learning network built around specialized “subnets” that incentivize marketplaces for AI services, is expected to undergo its inaugural halving on or around Dec. 14….
AGRA: A week after the death a 32-year-old woman constable posted at Banna Devi in Aligarh district on November 29, a case of abetment to suicide has been registered against sub-inspector Sandeep Kumar posted in Kasganj and constable Kulveer Balyan posted in Roravar police station.“A case under section 108 (abetment of suicide) has been registered,…
Technical indicators across multiple timeframes point to structural weakness despite brief breakout attempts above $2.05 resistance during overnight trading. News Background XRP continues to face pressure as its weekly performance deteriorates to -7.4%, adding to the multi-session downtrend dominating early December. Despite persistent weakness in price, institutional demand remains strong via U.S. spot XRP ETFs,…
Goa fire tragedy (Picture credit: PTI) PANAJI: Birch by Romeo Lane nightclub at northern Goa’s Arpora located approximately 16km from Panaji, was constructed on a salt pan with inadequate safety measures, highlighting significant infrastructure concerns following a Saturday night fire incident that claimed 25 lives.The establishment, marketed as Goa’s first island club, faces scrutiny over…
CEO and billionaire Elon Musk denied news reports that his rocket and satellite maker SpaceX is seeking a $800 billion valuation through a share sale.“There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate,” Musk said in a post Saturday on his social media platform X. “SpaceX…
Memecoin faces rejection at $0.1409 resistance while institutional flows surge to 480M tokens, creating divergence between technical weakness and fundamental strength. News Background Dogecoin continues to struggle beneath the $0.14 threshold despite strong accumulation trends and a spike in network activity. On-chain data shows whales purchased 480 million DOGE between December 2–4, lifting total large-holder…
NEW DELHI: PM Narendra Modi will initiate a discussion on Monday in Lok Sabha on the 150th anniversary of Vande Mataram, in what will be an extension of the increasingly fiery ideological battle between BJP and its opponents over the journey of India’s national song, a rallying cry during the Congress-led freedom struggle, but whose…
