Bitcoin’s recovery from last week’s lows has crushed the traders who bet against it. Short sellers, who profit when prices fall, lost $504 million over the 24 hours to Monday morning, the most in a single day since late April, according to CoinGlass. Bets on rising prices lost just $151 million by comparison. Total liquidations…
More than 100 days into the Middle East crisis, the Strait of Hormuz remains the world’s biggest shipping question mark. Iran has now signalled that the strategic waterway will reopen, but not quite as before. According to Iran’s ambassador to Moscow, the route will operate under new conditions set by Iranian and Omani authorities, including…
NEW DELHI: The Calcutta high court on Monday refused to grant urgent listing to a petition filed by former West Bengal minister Aroop Biswas seeking the quashing of an FIR lodged against him by Messi GOAT Tour organiser Satadru Datta over allegations of criminal intimidation.The matter was mentioned before a bench of Justice Saugata Bhattacharya…
MUMBAI: Stock markets are expected to open weak on Monday on the back of the massive sell-off on Wall Street on Friday evening. As US stocks, especially the ones linked to the AI ecosystem, faced a huge sell-off, by late evening the Gift Nifty index, a proxy for Indian market for late trades, closed 1.5%…
MUMBAI: Giesecke+Devrient (G+D), the German security technology group spanning currency, digital payments and cybersecurity, is stepping up its India play with fresh investments of Rs 1,100 crore in 2026, localisation plans and a sharper focus on digital infrastructure, as it bets on the country’s dual-track growth in cash usage and digital adoption. The company is…
CHENNAI: With a network of 11 registered vehicle scrapping facilities (RVSFs) across 10 states, excluding the southern region, and the capacity to dismantle more than 1.9 lakh vehicles annually, Tata Motors stands to benefit from the Centre’s push to retire ageing commercial vehicles as India intensifies efforts to curb vehicular pollution.Last week, the Union cabinet…
MUMBAI: Every other day, Indians are waking up to ads and launches of protein products—from eggs to coffee and atta, companies are infusing and also adding (extra) doses of protein to a range of items that are part of consumers’ daily meals. Not only that, the concept of protein has in itself become a trend…
XRP finally found buyers after one of its sharpest selloffs of the year, but the recovery looks more like stabilization than a trend change. The token bounced from levels last seen before the November 2024 breakout, yet every rally is still running into sellers, leaving XRP stuck between deeply oversold conditions and a market that…
Rupee began the week on a negative note, with market sentiment weighed down by a stronger dollar, rising crude oil prices and escalating geopolitical tensions. On Monday, the domestic currency opened at 95.35 against the US dollar in the interbank foreign exchange market, slipping 17 paise from its previous close of 95.18.The decline comes after…
NEW DELHI: West Bengal Police Monday arrested former Trinamool Congress MLA Jahangir Khan, who became the centre of controversy during the assembly elections after repolling was ordered in his constituency, Falta, after the reports of irregularities.The arrest comes weeks after Calcutta high court’s vacation bench refused to extend the interim protection in five FIRs granted…
