MUMBAI: The country’s credit card spend is consolidating, with HDFC Bank and State Bank of India moving close to controlling half of total card spending by value, while the top five issuers together have expanded their dominance to 85.6% of transaction value by Jan 2026.The shift marks a migration of high-value spending towards legacy lenders….
MIAMI BEACH — Bitcoin’s BTC$69,137.23 recent slide has frustrated investors who expected a smoother ride after a wave of institutional milestones, but Adam Back, one of the early cypherpunks cited in bitcoin’s 2008 white paper, said the volatility should not surprise long-time observers. “Bitcoin is generally volatile,” Back said at the iConnections conference in Miami…
NEW DELHI: Defence and military experts, on Day 2 of DefSat2026 conference in New Delhi on Wednesday, intensified the strategic dialogue on building India’s persistent and resilient defence space capability, against the backdrop of rapid global transformation in space-based military infrastructure. With 1,602 space-based ISR satellites projected to launch globally between 2025 and 2030, the…
Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, speaks during the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Tuesday, Feb. 24, 2026. Graeme Sloane | Bloomberg | Getty Images Chicago Federal Reserve President Austan Goolsbee said Tuesday that interest rate cuts aren’t…
Russian and Iranian oil producers are reportedly offering deeper discounts to compete for the same limited pool of Chinese buyers after India pulled back from purchases. Analysts say India’s imports from Russia could fall by 40 per cent from January levels, to around 600,000 barrels a day, according to a scenario from Rystad Energy, as…
Kalshi, one of the leading prediction market firms, said it caught and penalized two users for insider-trading activity on its platform, including an editor for the popular social-media star MrBeast. The company said it has more than a dozen active insider-trading cases among 200 it’s investigated. On Wednesday, Kalshi disclosed the details of two that…
NEW DELHI: Aaam Aadmi Party leader Sanjay Singh slammed the govt over Parliament’s global outreach program, in which he’s also named as a leader for Suriname, a country in South America. He called the decision “a joke” as his passport his seized. ‘What kind of joke is this? Govt has seized my passport and now…
Check out some of the companies making headlines in midday trading. Coinbase — The cryptocurrency exchange’s stock jumped 12% as it launched stock trading on its platform. The move is part of Coinbase’s strategy to become the place for investors to trade not only cryptocurrency but also stocks, exchange traded funds and place prediction market…
More than a year into US President Donald Trump’s second term, his sweeping economic policy changes have produced a mixed outcome, with strong growth and a tech investment boom on one hand, but stalled job gains and persistent inflation concerns on the other.The uncertainty surrounding the US economic outlook has deepened further following last week’s…
Hi readers, Welcome to our institutional newsletter, Crypto Long & Short. This week: Gregory Mall on how ETFs have shifted a growing share of bitcoin volatility into U.S. equity options markets Top headlines institutions should pay attention to by Francisco Rodrigues Mid-caps show surprising strength in Chart of the Week Thanks for joining us! -Alexandra…
