Not waiting until what’s become its customary plunge time of Sunday evening, bitcoin BTC$89,602.80 is getting an early start to the weekend this holiday season, continuing an overnight tumble and slipping back to $90,000 in early U.S. trading hours. The move reverses much of the bounce from last Sunday night’s panicky drop that pushed bitcoin…
The Reserve Bank of India (RBI) slashed the repo rate by a quarter point to 5.25% on Friday, at a time when the economy is growing strongly and inflation remains exceptionally low. SBI, in its latest report hailed the decision hailed as “exceptional” and said that the central bank had played its role in ensuring…
The UK government has imposed sanctions on a British Sikh businessman and a group linked to him in the first use of its new Domestic Counter-Terrorism Regime aimed at cutting off funding to the pro-Khalistan militant outfit Babbar Khalsa.Gurpreet Singh Rehal, associated with the Panjab Warriors sports investment firm, has been hit with an asset…
SpaceX might soon reach a $800 billion valuation as the rocket maker has began a new secondary share sale, according to sources cited by the Wall Street Journal. In case it manages to reach the figure, SpaceX will rush ahead of OpenAI to become the most valuable private company in the US. The new valuation…
A sprawling crypto-investment fraud network that stole and laundered more than 700 million euros ($815 million) has been dismantled following coordinated raids across Europe. The criminal group ran a slew of fake crypto-trading platforms that promised high returns through slick marketing campaigns, Europol announced on Thursday. Victims, drawn in by “sophisticated” ads, were funneled into…
Russian President Vladimir Putin and PM Narendra Modi NEW DELHI: Russian President Vladimir Putin concluded his two-day state visit to India on Friday with a special dinner hosted by President Droupadi Murmu at Rashtrapati Bhavan. This was his first trip to India since December 2021—and his first since the Ukraine war began in February 2022—during…
MUMBAI: Simone Tata (nee Dunoyer), a Swiss national who married into the Tatas and built India’s most enduring cosmetics brand, passed away in Mumbai Friday at 95.Lakme, a Tata venture born of an unusual request by then PM Nehru, who noticed that Indian women relied heavily on imported cosmetics, draining precious foreign exchange, was named…
Stablecoins have had their ups and downs, but it’s clear they’re one of crypto’s biggest success stories so far. While Bitcoin may garner more of the headlines thanks to its constant ups and downs, stablecoins have emerged as the chief workhorse of the decentralized finance ecosystem, helping to shift more than $275 trillion worth of…
Putin at state banquet (@rashtrapatibhvn) NEW DELHI: President Droupadi Murmu hosted Russian President Vladimir Putin at Rashtrapati Bhawan for a lavish state banquet on the second day of his India visit, featuring an all-vegetarian menu presented as a traditional thali built around fresh ingredients and aromatic spices. The carefully curated spread was designed to highlight…
Elon Musk on Saturday slammed the European Union’s $140 million fine on his social media platform X, calling the penalty “crazy” and “insane” in a post on the site. Taking to the site, he said, “The EU imposed this crazy fine not just on @X, but also on me personally, which is even more insane!”“Therefore,…
