Bitcoin has recovered from a low near $60,000 to now stand around $69,000, having effectively given back the gains it made after Donald Trump’s election in November 2024 this week. The cryptocurrency’s drop was accompanied by a broader market sell-off that saw the CoinDesk 20 (CD20) index lose more than 17% of its value in…
NEW DELHI: Congress MP Sonia Gandhi Saturday described as “politically motivated and frivolous” a criminal revision petition before a Delhi court against a 2025 magisterial order that declined to order an FIR over alleged inclusion of her name in electoral rolls in 1980, three years before she acquired Indian citizenship. The petition before special judge…
NEW DELHI: The interim India-US trade arrangement provides certainty and clarity to the domestic pharma sector, with medicines staying outside reciprocal tariffs, and Washington signalling negotiated treatment for generics under Section 232.India plays a critical role in supplying affordable medicines to the US, with shipments of around $10 billion accounting for nearly 35% of its…
MUMBAI: Zero-duty access for diamonds and coloured gemstones to the US under the interim trade agreement framework will benefit the gems and jewellery sector, which was termed by industry leaders as a “critical inflection point” after bruising year for exports.The move could help reverse the sharp decline in shipments to India’s largest market, where cut…
NEW DELHI: PM Narendra Modi said on Saturday that the interim trade agreement with the US is yet more evidence of the international community’s growing trust in India and said the series of recent trade deals marks country’s transformation from just a huge market to a hub of investment and trade. While addressing a community…
NEW DELHI: Ending months of uncertainty, India and US announced the finalisation of the first tranche of the trade deal early Saturday that will see Washington lower “reciprocal tariffs” on Indian exports to 18% over the next few days and New Delhi slash levies on several American imports.The India-US joint statement came with US President…
Bitcoin’s sharp decline — nearly 50% from its all-time highs reached just months ago — has reignited debate over the cryptocurrency’s stability, but hedge fund veteran Gary Bode says the selloff is a feature of the asset’s inherent volatility rather than a sign of a broader crisis. In a post on X, Bode noted that…
NEW DELHI: The announcement of an interim trade agreement between India and the US was met with warm applause from the BJP and its allies, with home minister Amit Shah saying it will give “another boost to India’s roaring growth engine”. The ruling alliance was dismissive of the opposition’s charge that the agreement harmed farmers,…
Lower duties may add speed to Harley, Jeep & Tesla‘s India ride NEW DELHI: US giants Harley Davidson, Jeep and Tesla are the likely big winners of the trade deal with govt offering concessions, without upsetting domestic industry. For Harley Davidson, Donald Trump has won concessions which his predecessors couldn’t get: Zero duty access for…
As February began, bitcoin was trading around $80,000, with whales dipping their toes in while retail investors were running for the exits. Just one week later, bitcoin plunged to $60,000 on Feb. 5, and the market is now showing a broad shift toward accumulation across nearly all cohorts as investors start to see value. This…
