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The largest realized loss in bitcoin history occurred during last week’s market downturn, shattering previous records as the asset plummeted from $70,000 to $60,000 on Feb. 5. According to Glassnode, the Entity-Adjusted Realized Loss reached $3.2 billion. This metric exclusively tracks the USD value of moved coins sold below their acquisition price while filtering out…
Representative image (AI) Yes Securities has a buy recommendation on Amber Enterprises with the target price at Rs 8,962. Analysts said Amber Ent has started to witness strong traction as it has significantly increased its capabilities and is now focusing on value addition that will drive growth and margins. Railways business revenue is expected to…
NEW DELHI: Union petroleum minister Hardeep Singh Puri on Wednesday said during the eight years he spent in the US, he met convicted child sex offender Jeffrey Epstein “only three to four times” as a private citizen, as part of a delegation of the Independent Commission on Multilateralism he was associated with after his retirement…
MUMBAI: Reserve Bank of India (RBI) has sharply tightened the definition of mis-selling, removing one of the biggest defences used by banks and insurance companies that the customer had explicitly consented by signing documents. Under the new framework, regulated entities will also have to make full refunds in cases of proven mis-selling.In the Draft Reserve…
New Delhi: Akasa has lost another co-founder as Praveen Iyer — also the airline’s chief commercial officer (CCO) — has resigned. A few months back, co-founder Neelu Khatri, who was in charge of international operations had also quit. Akasa has appointed chief information officer as the new head of commercial. The resignations of key people…
NEW DELHI: Commerce and industry minister Piyush Goyal Wednesday asked exporters to take full advantage of the recently concluded Free Trade Agreements (FTAs) with developed countries to boost exports of goods and services and help create jobs.“Industry must now intensify its efforts to penetrate new markets, upgrade quality and become more competitive to take maximum…
NEW DELHI: Rolls Royce CEO Tufan Erginbilgic met PM Narendra Modi Wednesday to discuss strategies to scale up operations to be part of Viksit Bharat, including expanding global capability centre (GCC) to be the largest globally, co- creating complex manufacturing and building high value engineering capabilities. “It was wonderful meeting Tufan Erginbilgic earlier today. We…
NEW DELHI: Delhi Police‘s preliminary investigation into the alleged leak of a pre-print copy of ‘Four Stars of Destiny’, the unpublished memoir of former Army chief Gen MM Naravane (retd), suggests it was not the handiwork of a suspected whistleblower but a coordinated effort to bypass clearance by the ministry of defence, an official said…
MUMBAI: State Bank of India (SBI) on Wednesday went past Tata Consultancy Services (TCS) to become the fourth most-valued company in India. It’s also the most valued public sector entity. On Monday, SBI had gone past ICICI Bank‘s market capitalisation and now it’s within touching distance of Bharti Airtel‘s market cap.The recent surge in its…
