BlackRock took another step toward introducing its bitcoin income exchange-traded fund on Nasdaq, filing a share registration document that often signals an imminent debut. The world’s largest asset manager filed the Form 8-A for the iShares Bitcoin Premium Income ETF on Thursday, usually one of the last procedural moves before an ETF goes live. The…
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MUMBAI: As talks of a peace deal in West Asia revived on Thursday night, sending Dow Jones up over 900 points and pulling Brent crude prices below the $90-per-barrel mark, the rub-off effect was felt on Dalal Street on Friday. Sensex, after rising more than 1,000 points in early trades, and dipping slightly mid-session, closed…
NEW DELHI: Supreme Court Friday requested former SC judge Justice Kurian Joseph to secure a permanent truce between IAS officer Rohini Sindhuri and IPS officer Roopa Moudgil, both of Karnataka cadre, who have been engaged in a bitter cross-defamation litigation after an ugly public spat three years ago.Observing that the officers were “destroying their own…
The carrier is also reevaluating plans to fly to new domestic and international destinations, pruning some routes and postponing launches at some airports, such as the new Noida International Airport, the people familiar with the matter said. Air India’s cowed ambitions follow a series of challenges that have pushed it deep into the red. Air…
NEW DELHI: Retail inflation based on consumer price index (CPI) inched up for the fourth consecutive month to 3.9% in May from 3.5% in April on account of acceleration in food prices, data released by NSO on Friday showed. The food index rose 4.8% in May, above 4.2% in the preceding month.Despite the staggered increase…
NEW DELHI: The Border Guard Bangladesh (BGB), during the Director General-level talks with BSF here that concluded Thursday, raised the alleged pushback of Bangladeshi illegal immigrants into its side of the border, complaining that the legal and diplomatic protocols were not being followed. However the BSF drew BGB’s attention to the nearly 3,000 formal requests…
India’s efforts to build indigenous artificial intelligence models received a boost this week as Avataar AI unveiled Varya, a video generation model designed to better understand Indian cultural contexts while significantly reducing the cost associated with AI video creation.The Bengaluru-based startup, backed by Peak XV Partners and selected under govt’s India AI Mission, said the…
Bitcoin BTC$63,615.61 is trading near $63,000 after dipping to about $59,000 earlier this week, and some data points to pain ahead for bulls, with a possible drop to levels last seen in early 2024. The largest cryptocurrency is now only 9% above its realized price of about $53,600, according to onchain analysis firm CryptoQuant. Realized…
MUMBAI: In a world where people are increasingly relying on AI tools, companies have a new hiring challenge: AI-generated resumes. Firms are finding it difficult to select candidates for job roles from a flood of CVs that look alike, making soft skills more valuable than ever, said Nicholas Kirk, CEO at recruitment firm Michael Page.The…
