A multibillion-dollar crypto asset manager cites several reasons for the bitcoin plunge, but he’s listing “the four-year cycle” as the No. 1 downward catalyst. According to Matt Hougan, chief investment officer at Bitwise Asset Management, it’s a phenomenon that’s happened three other times in the crypto market. “People are looking for one thing to blame…
NEW DELHI: The Dadachanji Group, which is focused on pharma manufacturing and allied technologies, has forayed into building fully customised machines, medical devices, and automation solutions in pharma, healthcare, and other sectors through KAIRISH Innotech. The company will offer end-to-end capabilities across customised pharma machinery, medical device design and manufacturing, tooling and precision components, robotics…
Crypto’s $193 million campaign-finance force, the Fairshake political action committee, is launching into congressional midterm season with a massive $5 million injection into the Republican primary campaign of Barry Moore, a U.S. congressman now running for Senate. One of Fairshake’s affiliates, Defend American Jobs, is committing that spending to support Moore, even though the general…
NEW DELHI: A political row erupted in RS Tuesday during Question Hour after BJP MP Samik Bhattacharya raised encroachment of Kolkata Port land and said the area had been publicly referred to as “mini Pakistan” by the Kolkata mayor, a Trinamool MLA.Amid protests from opposition MPs, particularly TMC, MoS ports, shipping and waterways Shantanu Thakur…
Justin Tallis | Afp | Getty Images Throughout its history, bitcoin and other cryptocurrencies have been subject to significant price fluctuations, whether that’s due to larger macro factors impacting all asset classes or during “crypto winters” tied to industry concerns. But with a crypto-friendly Trump administration and expectations for passage of a cryptocurrency market structure…
NEW DELHI: Bangladesh on Monday secured 19% reciprocal tariff from the US under a trade agreement, while managing some exemptions from reciprocal tariffs for textiles and garments manufactured using American material. While Indian exporters are keeping a close watch on the details – especially after some of the stocks took a beating – they are…
Crypto industry negotiators arrived at the White House on Tuesday ready to talk about a legislative deal on stablecoin yields, but their banking counterparts weren’t yet prepared to compromise over the Senate’s crypto market structure bill, according to a person familiar with the talks. The fight over whether stablecoins should be able to offer rewards…
NEW DELHI: Niti Aayog has proposed a roadmap for a net zero pathway for the transport sector which includes phasing out diesel vehicles and focusing on cleaner technologies, as well as tightening Corporate Average Fuel Efficiency (CAFE) norms.“The transition strategy should begin with the phased elimination of polluting diesel vehicles and the adoption of lower-emission…
Gabriel Bouys | AFP | Getty Images The Vatican Bank Tuesday launched two equity indexes tracking stocks that align with Catholic values. Its first foray into thematic investment products sets the bank up to potentially roll out other financial products, including ETFs in the future. The bank, which reports to the Committee of Cardinals and…
MUMBAI: For Indian companies with a global footprint, navigating regulatory complexity has moved from the sidelines to the centre of corporate strategy. Rules on trade, tariffs, the environment, labour, data, and taxation are changing rapidly and increasingly shaping business outcomes.Import restrictions, carbon taxes, anti-dumping duties, subsidies, and localisation norms are altering cost structures, market access,…
