While bitcoin BTC$63,260.17-holder listed firm Strategy’s chairman Michael Saylor blamed the AI boom for last week’s bitcoin selloff, crypto investment firm Arca is pointing the finger squarely at Saylor himself. “The selling pressure last week was clearly due to the Saylor/MSTR news,” wrote Arca’s Chief Investment Officer Jeff Dorman in his weekly note, pushing back…
Gold price prediction today: Gold prices continue to be under pressure as crude oil prices remain high, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
NEW DELHI: Continuing the momentum witnessed in April, Indian goods exports are estimated to have grown 15% in May as crude refining industry gained from high global oil prices. Excluding petroleum products, merchandise exports are estimated to have risen at 11% last month, an official said Monday.“It’s not only the petroleum products that drive the…
NEW DELHI: A new experimental diabetes jab tested at centres in India, the United States and Mexico helped people with type 2 diabetes lose up to 15% of their body weight while significantly improving blood sugar control, according to Phase-3 trial results published in The Lancet.The study evaluated retatrutide, a once-weekly injectable medicine that targets…
MUMBAI: India’s growth story, anchored in domestic consumption demand, strong govt investments and improving private sector participation, has helped the country stand out as a resilient economy at a time of global turmoil due to geopolitical uncertainties, Sebi chief Tuhin Kanta Pandey said.“We are living in uncertain times. Ongoing geopolitical developments, including war in West…
MUMBAI: The government would divest up to 3% (nearly 4.2 crore shares) in NLC India (formerly Neyveli Lignite Corp) through offer for sale on June 9 to mobilise at least Rs 1,260 crore. Govt will offer nearly 2.8 crore shares (2% of the company) at a per-share floor price of Rs 303, almost 10% discount…
MUMBAI: Q-comm player Zepto on Monday filed its updated draft IPO papers with markets regulator Sebi, taking it a step closer to its public listing targeted some time in July.The startup is seeking to raise up to Rs 8,010 crore through fresh issue of shares. A bunch of the company’s existing investors including Nexus Venture…
Oil prices eased on Tuesday after a volatile trading session, as Iran and Israel paused attacks on each other, reducing immediate concerns over disruptions to energy supplies. The pullback came after both countries said they had stopped attacking each other following an appeal from US President Donald Trump. However, Tehran warned that it would resume…
Railway officials said the nationwide catering network requires about 1,000 commercial LPG cylinders every day. (AI image) The Middle East crisis has hit the way Indian Railways prepares its meals for trains. A sharp shortage of commercial LPG cylinders has prompted the Indian Railway Catering and Tourism Corporation (IRCTC) to restart onboard meal preparation in…
Bitmine (BMNR), the largest Ethereum treasury company, ramped up its purchases of ether (ETH) last week, making its largest weekly purchase in 2026 as crypto prices tanked. The firm bought 126,971 ETH over the past week, worth roughly $214 million at current prices, Bitmine said on Monday, compared to 26,497 tokens the previous week and…
