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Are stablecoins stable? Come on, it’s in the name! Of course, the crypto industry has certainly seen categories misnamed. Anyone remember NuBits? Surely you lost money in Terra? Just last year, DeFi stables, including Synthetix and Ethena, lost their peg. And even robust stablecoins like Circle’s USDC and Tether have seen temporary depegging over the…
NEW DELHI: Government’s net direct tax collections grew 5.1% to over Rs 23.4 lakh crore in 2025-26, but missed the revised target set for the fiscal year that ended March 2026.In the revised estimates (RE) for the 2025-26 fiscal, govt lowered the direct tax collection target to Rs 24.2 lakh crore. The original budget estimate…
NEW DELHI: Akhil Gogoi of the Raijor Dal emerged victorious in the election, securing a total of 86521 votes. He defeated BJP candidate Kushal Dowari by a decisive margin of 17272 votes.BJP’s Kushal Dowari was in contest with Rajjor Dal’s Akhil Gogoi, which is in alliance with Congress, for the constituency of Sibsagar in the…
Top stocks to buy or sell today (AI image) Stock market recommendations: While Lupin, and KEI Industries are recommended as buy calls by Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan, Bharat Forge, and Punjab National Bank are seen as sell calls for May 5, 2026:Lupin: Buy in the range between Rs 2349…
The Indian rupee depreciated for the fifth consecutive day, falling 24 paise to 94.25 against the US dollar. MUMBAI: The rupee closed at a record low of 95.09 against the US dollar on Monday, falling 18 paise from the previous close, as strong dollar demand from corporates and rising crude oil prices weighed on sentiment.Other…
MUMBAI: Venu Srinivasan, chairman emeritus of TVS Motor, and Vijay Singh, a former bureaucrat, are set to step down as trustees of the Tata Education and Development Trust (TEDT) from May 11, after fellow trustee Mehli Mistry voted against their reappointments.Trust rules require unanimous consent from all trustees for a reappointment. The departures mark the…
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