Binance blamed the October 10 flash crash on a macro shock colliding with heavy leverage and evaporating liquidity, rather than any breakdown in its trading systems following speculative chatter on social media. In a report released Saturday, the exchange said global markets were already under pressure following trade-war headlines when crypto markets cracked. Bitcoin and…
Planning to visit a bank in February? It’s smart to check the holiday schedule first, as an unexpected closure can turn a quick errand into a wasted trip. In India, banks observe both national and state-specific holidays, so closure dates may differ from one region to another. In India, bank holidays include both national and…
A determined farmer integrates solar power into his rural Indian landscape, balancing tradition with a sustainable future. NEW DELHI: Relatively slow growth in electricity demand in 2025–26, surplus power availability during solar hours leading to weak demand, and assured power availability for discoms after 2028–29 are among the reasons why renewable energy implementing agencies (REIAs)…
UAE and Scotland Sign Investment MoU: What Does This Mean for Global Business? In a significant development for global investment flows, the United Arab Emirates (UAE) and Scotland have signed a pivotal Memorandum of Understanding (MoU) to deepen bilateral investment cooperation, broaden economic ties and unlock new opportunities for businesses in both nations. The agreement,…
NEW DELHI: Union home minister Amit Shah on Saturday alleged that the deadly Anandapur blaze near Kolkata was “not an accident” but the “result of the Trinamool Congress government’s corruption,” sharpening his attack on chief minister Mamata Banerjee ahead of upcoming elections. “The fire in Anandpur is not an accident. 25 people have lost their…
With Budget 2026 just a day away, focus has returned to Union finance minister Nirmala Sitharaman’s red bahi khaata and what it could hold for different sectors. First introduced in 2019, the traditional red ledger has since een representing not just a functional item, but a conscious shift away from colonial-era customs, towards a more…
Crypto prices stayed under pressure on Friday as the U.S. government entered a partial shutdown after lawmakers missed a midnight funding deadline, adding another layer of uncertainty to a market that has already been struggling to find bids. Bitcoin traded around $83,559, up about 1% on the day but down roughly 6.8% over the past…
NEW DELHI: Nearly 188 million children and adolescents worldwide are living with obesity, the World Health Organization (World Health Organization) has warned, calling childhood obesity one of the fastest-growing public health crises driven by unhealthy diets, aggressive food marketing and environments that push junk food over nutritious meals.In its latest global guidelines on preventing obesity,…
India-US trade deal: Union commerce and industry minister Piyush Goyal has said that India is not disappointed over delays in the India–US trade agreement as every country will prioritise its interests. Goyal said that India remains focused on safeguarding its interests. “Not at all. Every country looks after its own interests. We have to protect…
KUALA LUMPUR: The stage is set for PM Narendra Modi to once again showcase India’s soft power on the global stage. This time round it’s Malaysia, on Feb 7, as thousands of Indian diaspora members will be waiting to see and hear Modi.Adding to the excitement is the murmur of Malaysia’s prime minister Anwar Ibrahim…
