MUMBAI: Union Bank of India reported a net profit of Rs 5,316 crore for the quarter ended March 31, marking a 6.6% increase from Rs 4,985 crore in the corresponding quarter a year ago, supported by lower operating expenses and improved asset quality.For FY26, the net profit of Rs 18,697 crore was about 4% higher…
Web3 gaming burned through up to $15 billion chasing a token-driven future that gamers never bought into. Data from Caladan, a market-making and trading firm, shows roughly 93% of so-called GameFi projects are now effectively dead, with token values down about 95% from their 2022 peaks and funding to studios collapsing 93% by 2025. Investors…
NEW DELHI: India and Qatar on Thursday held discussions on ways to boost bilateral trade and strengthen supply chain resilience, which has been disrupted due to the West Asia crisis. The meeting was held between commerce and industry minister Piyush Goyal and Qatari minister of state for foreign trade affairs Ahmed bin Mohammed Al Sayed….
BENGALURU: A Japanese construction technology firm and an Indian Institute of Science-backed data platform have joined forces in a bid to unlock one of urban planning’s most persistent blind spots: the vast troves of construction data that go dark the moment a building project closes.ONESTRUCTION Inc., a Tottori-based specialist in open-standard built environment data, and…
MUMBAI: With Brent crude hovering over $103/barrel and rupee below 94-to-a-dollar, sensex slid over 852 points (1.1%) on Thursday to 77, 664 points. Foreign funds were aggressive sellers with the net outflow at Rs 3, 255 crore, their biggest single-session net sell-off in two weeks, BSE and NSDL data showed.The fluid nature of the second…
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CHENNAI: On any other day, beige would be a shade that fades into the background. On Thursday, however, it was a colour that stood out.As polling got underway, men and women across Tamil Nadu turned up at booths in white shirts paired with beige pants. What has been the signature style of TVK founder Vijay…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2117.36, down 1.9% (-40.48) since 4 p.m. ET on Wednesday. All 20 assets are trading lower. Leaders: XLM (-0.6%) and CRO (-0.9%). Laggards: UNI (-3.9%) and ETH (-2.9%). The…
