Switzerland has announced a $200 billion investment plan in the US through 2028, coinciding with a breakthrough agreement that will sharply cut US tariffs on most Swiss goods. The deal lowers duties from 39% – the highest imposed on any Western economy – to 15%, aligning Swiss exporters with the tariff regime applied to the…
The U.S. Department of Justice rounded up several convictions in its pursuit of domestic helpers in schemes by the Democratic People’s Republic of Korea to pocket large amounts of cryptocurrency, and it also seized assets from cyber heists targeting crypto platforms, the department said in a Friday statement. The five guilty pleas announced by the…
Flashback: On June 4, 2024, as the results started trickling in, the Bharatiya Janata Party (BJP) was in shock. The party had set the ambitious “400 paar” target for itself in the Lok Sabha elections. However, the party failed to get a majority on its own for the first time since 2014.The scale of the…
Billionaire investor Ron Baron isn’t flinching during the latest tech selloff, and he’s certainly not touching his own Tesla shares, he said. The longtime growth investor said he sees the pullback as a chance to spot bargains, even as volatility has rattled the biggest names in tech recently. “Not very much,” Baron said Friday on…
India’s foreign exchange reserves fell for the third consecutive week, slipping by $2.699 billion to $687.034 billion for the week ended November 7, according to data released by the Reserve Bank of India (RBI) on Friday.The forex kitty had already declined by $5.623 billion in the previous week to $689.733 billion, extending what has become…
By Francisco Rodrigues (All times ET unless indicated otherwise) The Czech National Bank became the world’s first central bank to buy bitcoin BTC$97,014.68, and a spot XRP exchange-traded fund (ETF) debuted in the US with an impressive trading volume. Yet what’s dominating headlines is bitcoin’s fall below $100,000 and the crypto market crash. The CoinDesk…
In Bihar’s political theatre, irony has always been the opening act, and Nitish Kumar, the master of reinvention, once again turned contradiction into victory.With the National Democratic Alliance (NDA) sweeping the assembly elections by surging past the half-way mark, one wonders what could have been the X-factor that made the people of one of the…
Hiring activity across India’s private sector improved marginally in the first 10 months of 2025, supported by stronger demand, healthier order books and a steady revival in business sentiment. An ET analysis of HSBC and S&P Global Market Intelligence data shows that the jobs component of the seasonally adjusted HSBC India PMI rose to 53.8…
The crypto market is facing one of its sternest tests yet, with the bitcoin BTC$96,737.97 price breaking below the crucial $98,000 level of support following a wave of sell pressure in a low-liquidity environment. The sell-off prompted more than $1.1 billion in liquidations, about half of which occurred on bitcoin trading pairs, according to CoinGlass….
The National Democratic Allaince (NDA) seems set to secure a historic win in Bihar with trends showing it is well on its way to secure a whopping 208 seats in the 243-seat assembly. The 2025 polls unfolded against the backdrop of a meticulously crafted campaign focused on stability, development, and inclusivity, where the NDA’s narrative…
