USDT’s dominance rate flashed a golden cross, which may be bad news for the bitcoin (BTC) price

A popular signal that confirms sustained bullish shifts in market momentum just appeared on the dominance chart for Tether’s USDT, the world’s largest stablecoin by market capitalization. That may not be good news for bitcoin BTC$63,271.85, the largest cryptocurrency. USDT’s dominance rate, which measures its share of the total crypto market cap, is sporting a…

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Bombay high court bins government’s 12 retrospective spectrum charge; telecom companies get relief

MUMBAI: In a relief to cellular service operators, Bharti Airtel and Vodafone Idea, the Bombay HC quashed the Centre’s one-time spectrum charge imposed unilaterally in 2012, from 2008 onwards, reports Swati Despande.Govt can’t retrospectively alter the financial terms of telecom licences years after they had been granted, said a division bench of Justices Manish Pitale…

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Haleon to set up 1st manufacturing unit in India, South Asia, invest Rs 2k cr

NEW DELHI: Haleon, formerly GSK Consumer Healthcare, will invest about Rs 2,000 crore (£175 million) to establish its first manufacturing facility in India and South Asia, as the UK firm doubles down on high-growth markets. The move follows the company’s recent investment in China, highlighting the increasing role of emerging markets, which account for about…

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