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This bitcoin level has historically meant over 100% median returns, Kraken says

Bitcoin BTC$63,950.65 has recently been flirting with a level that has historically proved a near-perfect entry point for bulls, generating handsome returns, crypto exchange Kraken’s Chief Economist Thomas Perfumo told CoinDesk. That level is the 200-week simple moving average (SMA), which represents the token’s average price over that period, providing traders with a clear glimpse…

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Promised shipping jobs, took Rs 1.73 crore: 8 booked in Navi Mumbai scam | India News

Thane Police have registered a case against eight persons, including the owners and employees of a shipping company in Navi Mumbai. On Thursday, officials told PTI the accused allegedly duped 75 job aspirants of Rs 1.73 crore by promising lucrative jobs.According to a Kharghar police station official, the accused allegedly ran the operation from their…

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India-UK social security pact to slash costs for firms; up to 95% of Indian professionals to gain

Thousands of Indian professionals working in Britain through Indian employers will stop paying dual social security contributions from July 15, with officials estimating that 90-95% of such workers will benefit from the India-UK social security pact coming into force alongside the free trade agreement.The Agreement on Social Security, or Double Contribution Convention (DCC), is expected…

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India eyes $2.5 billion loans from World Bank, ADB as subsidy costs rise

India is reportedly in talks with multilateral lenders to secure around $2.5 billion through existing credit lines. The move comes as New Delhi explores fresh sources of capital after the Middle East conflict has affected the government’s ability to increase spending.The World Bank and the Asian Development Bank (ADB) are discussing loans worth $1.5 billion…

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