Key takeaways: Bitcoin traders are turning cautious as high oil prices and Middle East tensions fuel inflation and stall US interest rate cuts. The $254 million in spot Bitcoin ETF outflows is too small to confirm a bearish flip, yet options markets show heavy hedging. Bitcoin (BTC) price stagnated near $70,000 during the Friday trading…
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Passengers seated to the (right or left) can see the pyramids of Giza.” Fatigued pilots of Air India operating flights to and from the West now often make this announcement on clear visibility days while overflying Egypt on the excruciatingly longer routes imposed by the US-Israel war against Iran.Since Feb 28, going west — except…
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The Iran war has entered its fourth week and global oil markets are showing a clear split with actual fuel supply prices are rising much faster than widely tracked oil futures. Brent crude, the global benchmark, has jumped over 50% to around $112 a barrel following the near-complete closure of the Strait of Hormuz and…
Caravan tourism is seeing a surge in popularity, driven by a growing tribe who skip hotels and over-curated experiences in favour of travel at their own pace, giving up room service for spontaneityJust after sunrise, somewhere between the misty curves of Igatpuri and the Sahyadri ridges, Vaibhav Surve unlatches the door of his caravan and…
The US Commodity Futures Trading Commission has given more details on its expectations for the use of crypto as collateral amid a pilot program that the agency launched last year. In a notice on Friday, the CFTC’s Market Participants Division and Division of Clearing and Risk responded to frequently asked questions that emerged from two…
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NEW DELHI: With the conflict in the West Asia region threatening to engulf energy infrastructure, and amid concerns about a possible LPG crisis at home, PM Modi spoke to the Iranian President, Masoud Pezeshkian, for the second time since the start of military hostilities and reiterated the importance of safeguarding freedom of navigation and ensuring…
NEW DELHI: Deepening its investigation into the alleged multi-crore fraud involving Reliance Communications (RCOM) and State Bank of India (SBI), CBI has questioned three former top-tier executives of the Anil Ambani-led Reliance Group.The agency issued summons to Satish Seth and Gautam Doshi, both former group managing directors, for examination in connection with the FIR registered…
