Russia on Tuesday said it is ready to address India’s concerns over the widening trade deficit and proposed building a framework to shield bilateral commerce from pressure by third countries. Kremlin spokesperson Dmitry Peskov, speaking ahead of President Vladimir Putin’s visit to New Delhi, said Moscow is also working to stabilise crude supplies after a…
Solana bulls have hit the pause button after lighting up the market in November with millions pumped into the U.S.-listed spot exchange-traded funds (ETF). These spot ETFs recorded a cumulative outflow of $8.10 million on Friday, marking the first time since their inception on Oct. 28, according to data source SoSoValue. Buyers returned on Friday,…
NEW DELHI: Siddaramaiah and his deputy DK Shivakumar had two breakfasts together within a week, but the deadlock over the Karnataka chief ministerial post does not seem likely to end soon.The second round of the “breakfast diplomacy” at the deputy chief minister’s residence drew a blank yet again, after both Siddaramaiah and DKS left the…
A steadier mood returned to US equities on Tuesday as easing Treasury yields and a rebound in bitcoin helped major indices regain traction after ending a six-day winning streak, according to AP. Investors leaned back into technology counters while weighing signals on global interest rates and the broader health of the economy.The S&P 500 was…
Billionaires Michael and Susan Dell on Tuesday announced a $6.25 billion commitment to encourage American families to open the new children’s investment accounts created under President Donald Trump’s tax and spending legislation, according to AP. The pledge is intended to reach 25 million children under the age of 10 by seeding each eligible account with…
SoftBank Group founder Masayoshi Son revealed that he “was crying” when he sold the company’s stake in Nvidia, highlighting how reluctant he was to part with the fast-rising chipmaker. This emotional exit raises a key question — what compelled Japan’s second-richest man to give up the shares despite not wanting to?Speaking at the FII Priority…
File photo: Defense minister Rajnath Singh (Picture credit: PTI) NEW DELHI: Defense minister Rajnath Singh on Tuesday said Operation Sindoor had sent a clear signal that India responds firmly when pushed, drawing a parallel between the government’s action against terrorism and the decisive leadership of Sardar Vallabhbhai Patel. Speaking at the ‘Sardar Sabha’ in Vadodara’s…
Rupee on Tuesday tumbled 42 paise to close at an all-time low of 89.95 against the US dollar, extending its depreciation streak and edging closer to the crucial 90-per-dollar mark.So far, the rupee has depreciated by over 4% this year, falling 0.8% in November alone.This slump was mainly driven by speculators covering their short positions…
As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) prepares to unveil its policy decision this week, economists and industry experts are divided over whether the central bank will cut rates or maintain its current stance.The meeting, which begins on Wednesday, has raised curiosity about the central bank’s decision. Here is what the…
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 2768.6, up 2.7% (+73.06) since 4 p.m ET on Monday. Nineteen of 20 assets are trading higher. Leaders: NEAR (+8.2%) and CRO (+7.6%). Laggards: ICP (-0.6%) and UNI (+0.6%)….
