Shares of bitcoin mining companies that have shifted business plans to cater to artificial intelligence (AI) infrastructure were big winners in 2025, a run they continued into the new year. And if big tech’s earnings this year are any indications, they might continue to reap the benefit of the pivot. Fourth-quarter results and 2026 outlooks…
Hyderabad: PM Modi Wednesday urged global aviation companies and investors to partner with India in aircraft manufacturing, pilot training, advanced air mobility and aircraft leasing, as the country consolidates its position as the world’s third-largest domestic aviation market and pushes into a new phase of aviation-led growth, reports Swati Bharadwaj.In a recorded video message at…
US Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, on Dec. 10, 2025. Saul Loeb | AFP | Getty Images Federal Reserve Chair Jerome Powell on Wednesday explained his controversial decision to attend Fed Governor Lisa Cook‘s Supreme Court hearing, saying…
The rupee on Wednesday depreciated 31 paise to close at an all-time low of 91.99 against the US dollar, marking the second instance in less than a week that the currency has settled at its weakest-ever level, pressured by heightened month-end demand for the greenback and lingering geopolitical concerns, traders said.At the interbank foreign exchange,…
Crypto-backed political action committees (PACs) are gearing up for the 2026 US midterm elections, with industry-funded groups signaling plans to expand their influence as debates over digital asset regulation intensify on Capitol Hill. Fairshake, the cryptocurrency industry-backed PAC, disclosed on Wednesday holding $193 million in cash on hand ahead of this year’s US midterm elections….
Kanimozhi, Rahul Gandhi (File photo) NEW DELHI: Congress MP Rahul Gandhi and DMK parliamentarian Kanimozhi met on Wednesday for discussions on the Tamil Nadu assembly elections but no agreement was reached on seat-sharing in the state, where the DMK is in power and the Congress is its ally.“It was a pleasant meeting, and no seat-sharing…
Key Points The president has a long history of indifference to a falling greenback as it makes American goods cheaper to sell abroad, which could especially benefit U.S. multinationals. However, it also signifies diminished confidence in the U.S. as foreign investors grow wary over the country’s fiscal outlook. A weaker U.S. dollar isn’t concerning to…
Canada has conveyed its intent to expedite the launch of formal negotiations for a free trade agreement (FTA) with India, signalling a reset in bilateral trade engagement after talks were paused in 2023, PTI reported citing an official statement on Wednesday.Canada’s Minister of Export Promotion, International Trade and Economic Development Maninder Sidhu has invited Commerce…
Bitcoin treasury company Strive (ASST) now has less debt and more bitcoin on its books after raising $225 million via an offering of its SATA preferred stock. With more than $600 million in orders, according to a press release, the offering was upsized from an initially targeted $150 million. The proceeds and exchanges enabled Strive…
Yogi Adityanath (ANI image) Asserting that development cannot be divided based on caste, religion or region, Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday said the government is committed to carrying out welfare and development works “without bias or discrimination”.He noted that a discrimination-free approach reflects Ram Rajya (an ideal rule of just, ethical, people-centric…
