In what’s become all too familiar action at the start of the U.S. trading day, the crypto sector quickly more than gave up even the tiniest hint of an overnight rally. Nudging above $89,000 at one point as the U.S. slept on Friday, bitcoin BTC$87,155.85 quickly tumbled back below $87,000 as American stocks opened for…
Mehbooba Mufti; MK Stalin NEW DELHI: People’s Democratic Party (PDP) chief Mehbooba Mufti on Friday lost her cool with a journalist who asked her to speak in Urdu instead of Kashmiri, which the former Jammu and Kashmir chief minister was using at the time.As soon as she began her press conference in Kashmiri at the…
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The insolvency appellate tribunal NCLAT has ruled that the Committee of Creditors (CoC) cannot modify an approved resolution plan to reallocate funds meant for dissenting financial creditors, reaffirming limits on the exercise of commercial wisdom after a plan has been cleared, PTI reported.Dismissing an appeal filed by Bank of Baroda in the insolvency proceedings of…
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Foreign investors have sharply pared their exposure to Indian equities in 2025, pulling out close to Rs 2 lakh crore from six key sectors, in what has emerged as one of the harshest bouts of selling seen in recent years. The scale and concentration of the exits have intensified debate on whether the pressure will…
IT services firm Coforge on Friday announced the acquisition of Silicon Valley-based AI firm Encora in an all-stock deal valued at $2.35 billion (about Rs 21,133 crore), marking one of the largest overseas acquisitions by an Indian mid-tier IT company, PTI reported.The acquisition will be funded entirely through equity, with Coforge issuing preferential shares worth…
Coinbase (COIN) is one of the top fintech ideas for 2026, according to a new outlook report by Clear Street analyst Owen Lau, who sees the crypto exchange as a central player in the shift toward blockchain-based financial infrastructure. Lau, who already had a buy rating and a 12-month price target of $415 for COIN…
Tamil Nadu chief minister MK Stalin (IANS) NEW DELHI: Tamil Nadu chief minister MK Stalin on Friday accused the BJP of attempting to sow religious divisions in the state, claiming that the communal harmony in Tamil Nadu “irritates” the party. Addressing a government function, he said, “People of Tamil Nadu are, however, very cautious. The…
