NEW DELHI: Cracks within the All India Anna Dravida Munnetra Kazhagam (AIADMK) came out in the open on Monday after some party MLAs, led by senior leader C Ve Shanmugam, submitted a letter to pro tem Speaker M V Karuppaiah seeking the appointment of former minister S P Velumani as the AIADMK legislature party leader….
The Centre on Monday said India has “ample” fertiliser stocks to meet demand for the upcoming Kharif sowing season and appealed to farmers not to resort to panic buying amid concerns triggered by the Middle East situation, PTI reported.Addressing an inter-ministerial briefing on recent developments in Middle East, Aparna S Sharma, Additional Secretary in the…
Bitmine Immersion Technologies (BMNR) has sharply slowed its ether (ETH) purchase pace as Chairman Tom Lee signaled, following months of aggressive buying that made it the world’s largest Ethereum treasury company. The firm bought 26,659 ether last week, worth about $63 million based on ether’s current price. That’s roughly a quarter of the average weekly…
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NEW DELHI: Aam Aadmi Party on Monday received another setback as its key strategist and critic Gyan Singh Mann joined the Bharatiya Janata Party. The move comes as Punjab is set to vote for the civic polls later this month and state assembly elections next year.Gyan, who is also the cousin of Punjab CM Bhagwant…
A day after Prime Minister Narendra Modi urged Indians to stop buying gold for a year in the national interest, GTRI backed the appeal, saying surging gold imports are straining India’s foreign exchange reserves and widening its trade imbalance. In its report, the think tank said, “GTRI has supported Prime Minister Narendra Modi’s appeal asking…
The government on Monday addressed concerns related to India’s energy supplies amid the tightening situation in the Strait of Hormuz and reiterated Prime Minister Narendra Modi’s appeal to all citizens to reduce their consumption of petrol and diesel. At an inter-ministerial meeting, Sujata Sharma, joint secretary for ministry of petroleum & natural gas, said, “I…
Ongoing turmoil in the Middle East has raised concerns about global economic growth. For India, however, the outlook appears optimistic, with SBI expecting a stable growth path through FY26 and FY27 despite a difficult global backdrop. The State Bank of India (SBI) Research report pegs real GDP growth at around 7.2% in the fourth quarter…
In its sharpest single-day fall in more than a month, the rupee tumbled nearly 0.9 per cent to close at a record low of 95.31 against the US dollar on Monday as surging crude oil prices and escalating US-Iran tensions rattled financial markets, Reuters reported.The currency slide came after US President Donald Trump rejected Iran’s…
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Institutional demand for crypto is real, and suggests there may be a sustained bitcoin BTC$81,128.48 price move above its pivotal 200-day simple moving average (SMA). Investors poured $858 million into crypto funds issued by asset managers like BlackRock and 21Shares…
