NEW DELHI: India’s crude imports from Russia surged in March, with purchases at nearly Rs 5.3 billion (about $6.2 billion) compared with Rs 1.4 billion ($1.6 billion) the previous month, amid the military conflict in West Asia and closure of the Strait of Hormuz.In its latest analysis of Russian fossil fuel exports and sanctions, Centre…
Japan’s e-commerce giant Rakuten is adding XRP to its Rakuten Pay app, allowing its 44 million users to use Ripple’s cryptocurrency as a payment method with more than 5 million merchant locations across the country. In an announcement via X on Tuesday, Tatsuya Kohrogi, Ripple’s senior ecosystem growth manager, said Rakuten is also enabling its…
SRINAGAR: Zoji La tunnel, an upcoming strategic corridor that will provide all-weather connectivity between Kashmir and Ladakh, is nearing a defining moment, with engineers inching towards a “breakthrough” final blast expected around May 30.Work is progressing at about four meters per day from both ends — Sonamarg (Baltal) in Kashmir and Minamarg in Ladakh —…
Bitcoin BTC$74,404.84 started the day with a promising chance for a breakout, but the rally fizzled out at a familiar brick wall that has kept a lid on prices for more than two months. After briefly topping $76,000 — a key resistance level — the largest crypto reversed course, slipping below $74,000 later in the…
US President Donald Trump dialled PM Narendra Modi to discuss the situation in the West Asia region, including the importance of securing safe passage of ships through the Strait of Hormuz, and to review what the Indian leader described as substantial progress achieved in bilateral cooperation in various sectors. This was the second time that…
SRINAGAR/JAMMU: Search teams fanned out across a mountain stream in J&K’s Ramban district Tuesday, the third day of operations for a 25-year-old man feared dead after he jumped into the water while fleeing attackers who chased him over transporting cattle.CM Omar Abdullah condemned the assault, calling it “wrong” and accusing the attackers of “murdering an…
David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivering Alpha Investor Summit in New York City on Nov. 13, 2024. Adam Jeffery | CNBC Hedge fund manager David Einhorn said he is focusing on capital protection as markets rally on geopolitical optimism, warning that investors may be underestimating potential downside risks. “It…
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Kevin Warsh, President Trump’s nominee to chair the Federal Reserve, filed his 69-page financial disclosure with the U.S. Office of Government Ethics, clearing the last bureaucratic hurdle before his confirmation hearing, now expected next week. The filing reveals combined assets with his wife of at least $192 million — but it’s the crypto-specific holdings buried…
