NEW DELHI: Who will resolve the ongoing power tussle in Karnataka between chief minister Siddaramaiah and his deputy DK Shivakumar – top Congress leadership in Delhi or the leaders themselves at the local level?On Sunday, Congress president Mallikarjun Kharge shielded the “high command” from this embarrassing power game in Karnataka and said that “any confusion…
As Indian equities head into the final trading sessions of the year, the familiar question around the Santa Claus rally has resurfaced, with historical data and recent market signals pointing towards smaller stocks once again stealing the spotlight.Data from SAMCO Securities shows that smallcap stocks have delivered the strongest performance during the Santa Claus period…
The CME has lost its place as the number one exchange for bitcoin BTC$89,648.29 futures open interest (OI). Binance has now overtaken CME as the largest venue by OI according to CoinGlass data, with Binance holding roughly 125,000 BTC ($11.2 billion in notional value) against the CME’s of 123,000 BTC ($11 billion). CME OI started…
Union environment minister Bhupender Yadav (ANI photo) NEW DELHI: Union environment minister Bhupender Yadav on Monday again addressed a press conference amid outrage over the “new definition” of the Aravali range, saying that “no new mining leases will be permitted, especially in core, protected and ecologically sensitive areas, including the NCR”.Speaking on the Supreme Court’s…
US stock markets opened the holiday-shortened week on a positive note on Monday, with major indices posting modest gains amid light trading volumes and heightened moves in commodities.The S&P 500 rose 0.4% in early trade, hovering just below the all-time high it set earlier this month. The Dow Jones Industrial Average was up 170 points,…
Shares of several railway-linked companies surged in afternoon trade on December 22, as stock-specific triggers and rising pre-Budget expectations sparked fresh buying interest across the sector.Jupiter Wagons, IRCTC, RailTel and RVNL were among the top gainers, with some stocks rising as much as 15%, according to an ET report. The rally comes just over a…
NEW DELHI: United States on Monday welcomed India’s newly passed SHANTI bill, calling it an important step towards stronger energy ties and peaceful civil nuclear cooperation between the two countries.In a post on X, the US embassy in India said it saw the bill as a move that supports energy security and opened the door…
The concluded India–New Zealand free trade agreement includes a tightly ring-fenced investment arrangement that will allow New Zealand firms to process dairy inputs in India exclusively for re-export, while keeping India’s domestic dairy market fully protected, Commerce and Industry Minister Piyush Goyal said on Monday, PTI reported.Under the arrangement, firms from New Zealand can bring…
Tax season is approaching, and with only a sliver of 2025 left, investors must now revisit tax and accounting strategies that support their overall financial health. In December, a slight adjustment can mean significant benefits. With crypto investing continuing to gain traction among retail investors over the past few years, crypto tax reporting and accompanying…
Nelson Petz, Founding Partner and CEO of Trian Partners, speaking at the 14th CNBC Delivery Alpha Investor Summit in New York City on Nov. 13th, 2024. Adam Jeffery | CNBC Asset manager Janus Henderson agreed to be acquired by investors Trian Fund Management and General Catalyst, the companies announced Monday. Trian and General Catalyst will…
