Ray Dalio picked an interesting week to trash bitcoin. The Bridgewater Associates founder said on the popular All-In Podcast on Tuesday that investors should stop comparing bitcoin to gold, arguing that the largest cryptocurrency lacks central bank support, has no privacy, and faces long-term threats from quantum computing. “There is only one gold,” Dalio said….
(Photo credit: Instagram/Tasveerbaj) Kashi me khele,Ghat me khele,Holi khele masaane mein.This isn’t just a song line echoing across India, it is an emotion that Banaras lives and breathes each year. In most parts of the country, Holi arrives in a riot of colour, gulal in the air, water guns primed, laughter echoing through narrow lanes….
Check out the companies making headlines in midday trading. AeroVironment — The drone maker’s stock jumped 9% after AeroVironment said it is still in talks with the U.S. Space Force for the SCAR program contract. Negotiations had been paused in order to revise the terms to speed up delivery times. The company said it is…
MUMABI: Investors on Dalal Street are expecting another session of strong selling on Wednesday when markets resume after a day’s trading break for Holi. Escalating war in West Asia pulled most global stocks deep into the red on Tuesday. In late trades on Tuesday in GIFT City, Nifty futures were down 3.3% or about 825…
Aluminum jumped after Qatar’s state-owned energy producer said it would halt output of the metal as the Iran war throttles supply lines for smelters throughout the West Asia.Prices rallied as much as 3.8% in London before paring some gains. QatarEnergy halted the production of aluminum and some chemicals, as it grappled with the consequences of…
Gold slumped more than 5%, ending a four-day rally on Tuesday. The metal was weighed down by a stronger dollar and fading prospects of an interest rate cut as inflation concerns intensified against the backdrop of a potentially prolonged conflict in West Asia. Spot gold was down 5.6% at $5,029.59 an ounce whereas prices had…
NEW DELHI: BJP on Tuesday slammed Sonia Gandhi’s denunciation of the government’s silence over the assassination of Iran’s supreme leader Ayatollah Ali Khamenei in a US-Israeli attack as the party recalled the deceased Iranian’s support for the secessionist forces in Kashmir and said diplomacy cannot be reduced to appeasement or performative politics.BJP’s foreign department head…
A Chinese People’s Liberation Army (PLA) soldier stands guard in front of the National Museum of China in Beijing on March 3, 2025, ahead of the country’s annual legislative meetings known as the “Two Sessions.” Pedro Pardo | Afp | Getty Images BEIJING — China’s top policymakers are due to release growth targets and stimulus…
MUMBAI: The rupee is likely to come under renewed pressure when forex markets open on Wednesday as the conflict in West Asia has worsened the trade and energy situation beyond expectations of analysts.On Tuesday, the Indonesian rupiah, South Korean won and Thai baht each fell by more than 1%, leading losses in Asia, while broader…
U.S. President Donald Trump said bankers are trying to undermine the GENIUS Act — the signature stablecoin legislation he signed into law last year — in a Truth Social post Tuesday, and he urged passage of Congress’ crypto market structure legislation without interference. “The U.S. needs to get Market Structure done, ASAP. Americans should earn…
