BENGALURU: Karnataka govt has suspended online sales of Mysore silk saris after surging orders outstripped supply of the GI-tagged weave made with pure mulberry silk, gold zari and silver threads. State-owned Karnataka Silk Industries Corporation will prioritise limited stocks for buyers visiting its exclusive outlets.Sericulture minister K Venkatesh made the announcement in the assembly on…
A wild 24 hours continued in all markets after President Trump said the war against Iran could be over soon. The action against Iran is “very far ahead” of what was expected to be a four-to-five-week time frame, said Trump in late-afternoon comments. He is expected to give updates on the situation at 5:30 pm…
NEW DELHI: Days after it criticised Bengal govt for frequently rushing to SC with ‘vague and irrelevant’ reasons to delay the ongoing SIR of the state’s poll rolls, petitions by persons complaining against deletion of their names from voter lists saw the court finding itself facing the same issue, leading an exasperated bench of CJI…
These are some of the stocks posting the largest midday moves. Source link
Mumbai: Warburg Pincus-backed housing finance company Truhome Finance ( formerly Shriram Housing) has filed draft papers with capital markets regulator SEBI to raise Rs 3,000 crore through an initial public offering.The IPO will comprise a fresh issue of equity shares of face value Rs 10 aggregating up to Rs 1,500 crore and an offer for…
Bitcoin BTC$68,789.92 may gain if a potential U.S.-Iran conflict stretches on for months as higher government spending, rising debt and lower interest rates create conditions that have historically supported the cryptocurrency, according to macrostrategist Mark Connors. Wars are expensive, and financing them typically requires governments to issue more debt, said Connors, formerly the head of…
NEW DELHI: Prime Minister Narendra Modi on Monday spoke with Nepal’s newly elected leader Balendra Shah, who is set to become the Himalayan nation’s youngest Prime Minister.“Had warm telephone conversations with Mr. Rabi Lamichhane, Chairman of the Rastriya Swatantra Party (RSP) and Mr. Balendra Shah, Senior Leader of the RSP,” wrote PM Modi on X.PM…
Nobel Laureate Philippe Aghion (Credit-University of Oxford) The ongoing conflict in the Middle East is unlikely to trigger a global economic collapse on the scale of the 2008 financial crisis, Nobel Prize-winning economist Philippe Aghion has said, even as he warned that a prolonged war and sharply rising oil prices could slow global growth, AFP…
BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury firm, purchased 60,976 ether (ETH) through last week, increasing the pace of accumulation as the firm bets crypto prices are nearing the end of what it calls a “mini winter.” The latest purchase, worth some $120 million at current prices, lifted BitMine’s ETH holdings to over 4.5…
NEW DELHI: The Indian Embassy in Tehran has issued an advisory asking Indian nationals in Iran not to approach any of the country’s land border points for travel out of the country without prior coordination with the mission.In a statement, the embassy said any movement towards land border crossings must be undertaken only after obtaining…
