The Union Budget comes with a vocabulary that can be confusing even for regular readers. Many terms are technical, and are used repeatedly across Budget documents, tables and debates. The “Budget at a Glance” table presents a consolidated snapshot of the Union Government’s finances for a financial year, showing actuals, Budget Estimates and Revised Estimates…
Bitcoin’s market capitalization is now around $1.57 trillion, making it the 13th-largest asset by this metric, behind Saudi Aramco and Tesla stock. The move came after its price dropped sharply from around $90,000 to $78,500, a loss of more than 11% over the last 7-day period. The recent price decline comes amid geopolitical tension, a…
CHANDIGARH: A South Korean delegation met Punjab chief minister Bhagwant Mann here on Saturday and held a detailed discussion on cooperation in smart farming and advanced agricultural machinery and biotechnology. The South Korean delegation was visiting following Mann’s recent visit to that country. Mann emphasised that South Korea’s vertical farming models and expertise in automation,…
Finance Minister Nirmala Sitharaman is set to present her record ninth straight Union Budget, with markets closely tracking headline numbers ranging from the fiscal deficit and capital expenditure to borrowing and tax revenue projections, as India charts its course as the world’s fastest-growing major economy.The Budget will be presented in a paperless format, continuing the…
The U.S. Treasury Department has, for the first time, sanctioned cryptocurrency exchanges for operating in Iran’s financial sector. The Office of Foreign Assets Control (OFAC) announced sanctions against Zedcex and Zedxion both registered in the United Kingdom, as part of a broader crackdown on Iranian authorities after their brutal suppression of an internal uprising that…
Sunetra Pawar was sworn in as Maharashtra’s deputy chief minister from the NCP quota on Saturday, just days after her husband Ajit Pawar died in a plane crash. Newly released US Justice Department records connected to Jeffrey Epstein feature photographs reportedly showing Britain’s former Prince Andrew kneeling on all fours over a woman lying on…
MUMBAI: IDFC First Bank reported a 48.1% jump in net profit to Rs 503 crore for the third quarter ended December, from Rs 339 crore in the corresponding quarter last year. The increase was helped by higher core income, lower sequential provisions and an improvement in asset quality.The bank’s bottom line improved aided by stronger…
Something strange (and maybe creepy) is happening on the internet. Moltbook — a Reddit-like social network where AI agents post their thoughts (yes, that’s right, AI’s are talking to each other over social media!) — is going viral. And, in a very crypto-degen fashion, memecoin traders are cashing in. Moltbot is a social network populated…
NEW DELHI: Sunetra Pawar took oath as the deputy chief minister of Maharashtra from the NCP quota on Saturday, days after her husband Ajit Pawar was killed in a plane crash.Sunetra was clad in a white saree as she took the oath to replace her husband amid the chants of “Ajit dada amar rahe.” Maharashtra…
India’s foreign exchange reserves rose by a sharp $8.053 billion to touch a new all-time high of $709.413 billion in the week ended January 23, extending the recent rebound after months of pressure from rupee volatility, according to data released by the Reserve Bank of India.The latest rise follows a jump of $14.167 billion in…
