The crypto market may be closing in on the bottom of its current downturn, but analysts at Compass Point say it will take a broader risk-off event to push bitcoin BTC$78,890.15 significantly lower. “While near-term risk remains skewed to the downside, we believe we’re approaching the final innings of the crypto bear market,” analysts Ed…
A special NIA court in Delhi on Monday transferred the case against Kashmiri separatist Aasiya Andrabi back to the judge who had convicted her on terror charges under UAPA and for IPC offences as well, holding that the “judge who delivered the conviction must also decide the sentencing”.Special Judge Chanderjit Singh was transferred from the…
Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024. Bloomberg | Bloomberg | Getty Images Strategy plunged roughly 7% on Monday after bitcoin dipped below the cryptocurrency treasury company’s average purchase price per token. Bitcoin traded at about $74,500 at its bottom on Monday – its…
NEW DELHI: While details are still trickling in, the announcement of the India-US trade deal couldn’t have come at a more opportune time. Having just dispatched containers for the summer season, garment and leather and footwear makers were worried about orders for the next season.The smaller players had virtually stopped shipments over the last few…
Binance co-founder Changpeng “CZ” Zhao took to social media on Monday to counter a series of allegations he called “pretty imaginative FUD” aimed at himself and his former exchange as the main culprit for the dismal crypto price action. FUD — short for “fear, uncertainty, and doubt” — is a term widely used in crypto…
Mamata Banerjee at EC office in New Delhi (PTI photo) NEW DELHI: Election Commission, in its meeting with TMC president Mamata Bannerjee on Monday, red-flagged the repeated use of abusive and threatening language by party MLAs against the commission and its field officers as well as vandalisation of SIR-related offices in Bengal by party workers…
Check out the companies making headlines in after-hours trading. Palantir Technologies — The software analytics company saw its stock jump nearly 5% after reporting a beat on top and bottom lines . Palantir posted adjusted earnings of 25 cents per share, beating analysts’ expectations of 23 cents per share, according to LSEG estimates. Its revenue…
NEW DELHI: The Centre spent 5% of the funds allocated under the flagship package for employment and skilling in FY 2025-26, raising concerns over the incentive structure, targeting and implementation of the programme.The special package announced by the finance minister Nirmala Sitharaman in budget 2024-25 consisted of the internship scheme, upgradation of 1,000 govt run…
Igor Runets, who founded Russia’s largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three charges for allegedly concealing assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it becomes…
Prime Minister Narendra Modi with US President Donald Trump (File photo) NEW DELHI/ WASHINGTON: After months of bruising trade tensions, India and the US on Monday announced a bilateral trade deal that will see Washington slash additional tariffs on Indian imports to 18%, from the current 50%, making it more competitive for textiles, leather and…
