Just a day after helping power a sharp rebound in technology stocks, Tata Consultancy Services (TCS) turned into one of Dalal Street’s biggest losers on Wednesday, with the stock plunging more than 8% in its steepest single-day decline since the Covid-driven market crash of March 2020.The sell-off erased the gains accumulated during the recent rally…
After briefly falling below $66,000 on Wednesday, bitcoin BTC$66,815.13 is trading near the bottom of the Power Law corridor, a level that has historically come shortly before rebounds in the price of the largest cryptocurrency. The model, popularized by physicist Giovanni Santostasi and refined by Porkopolis Economics, plots bitcoin’s price against time on a logarithmic…
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India and the US are working to resolve the remaining sticking points in their proposed trade agreement and are hopeful of finalising the pact within the next several weeks, US envoy to India Sergio Gor said on Wednesday.Speaking at Citi’s 2026 India Conference, Gor said a US trade delegation is currently in India negotiating the…
Vikram Sahu, India CEO and Country Executive, Bank of America, hosted the bank’s investor conference in India with foreign institutional investor participation rising 20% from the previous year. According to Sahu, despite the short-term challenges interest in India remains undiminished.Q. With the monetary policy committee meeting around the corner what do you expect from the…
Smoke rises from Kuwait international airport after a drone strike (AP photo) An Indian national was the victim in the attack on Kuwait airport by Iranian drones earlier on Wednesday.“Embassy of India in Kuwait expresses its deepest condolences at the tragic demise of an Indian national due to an attack on the airport in Kuwait…
Check out the companies making the biggest moves premarket: Private equity firms — The group fell after Bloomberg News reported Partners Group, a Swiss-based private equity firm, capped withdrawals from one of its private equity funds. Blackstone fell 6%, while KKR tumbled more than 5.5%. Blue Owl Capital was off nearly 4%. Palo Alto Networks…
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Bitcoin BTC$67,115.68 recovered 0.7% on Wednesday, but remains at a crucial crossroads after a 9.5% decline since Sunday. The largest cryptocurrency traded recently near $67,000, firmly in the middle of a range that persisted between February and April after a failed breakout attempt above $81,000 last month. If bitcoin tumbles below $60,000 it would probably…
NEW DELHI: The rebellion within the Trinamool Congress (TMC) has deepened over the past week, with rebel MLAs backing expelled leader Ritabrata Banerjee for the post of leader of opposition and drawing comparisons with Maharashtra’s Shiv Sena split.But a closer look suggests the revolt may be less about challenging Mamata Banerjee‘s leadership and more about…
