Strategy would consider selling Bitcoin only if its stock falls below net asset value and the company loses access to fresh capital, CEO Phong Le said in a recent interview. Le told the What Bitcoin Did show that if Strategy’s multiple to net asset value (mNAV) were to slip under one and financing options dry…
India imported 5.4 million tonnes of Russian oil worth 2.1 billion euros between January and September 2025 aboard 30 vessels sailing under false flags, according to a report by the European think tank, Centre for Research on Energy and Clean Air (CREA), released Thursday.The report identified India as the largest recipient of oil transported by…
If India’s currency could speak, 2025 would probably be the year it asked for a vacation. A dollar that once cost less than four rupees at independence now buys more than 89, and is flirting with the dreaded 90 mark.“When the rupee slides it does affect the broader economy,” said Economist Arun Kumar, retired professor…
Evening news wrap, Nov 30 Catch up on today’s key developments across politics, sports, business, and major global events. Pakistan rejected UN rights chief Volker Türk’s criticism of its 27th constitutional amendment, calling his remarks biased. In Sri Lanka, watch Chetak helicopters from INS Vikrant conduct search-and-rescue missions under Operation Sagar Bandhu. Meanwhile, the election…
Banks across the country will observe several holidays in December 2025, as per the festive and regional holiday calendar issued by the Reserve Bank of India (RBI). These holidays come in addition to the usual Sunday closures and the second and fourth Saturdays of the month. Banks will remain operational on the first, third, and…
Gold prices are expected to stay strong and may come close to historic highs in the coming week as market participants monitor crucial US data, Federal Reserve Chair Jerome Powell’s speech and the RBI’s policy announcement, according to analysts.“Gold moves out of the consolidation range as investors focus on the manufacturing and services PMI data…
Bitcoin (BTC) failed to reclaim $93,000 despite positive momentum in the US stock market and rising gold prices. With the S&P 500 trading just 1% below its all-time high, traders are evaluating what could spark sustainable bullish momentum for Bitcoin. Key takeaways: Demand for BTC put (sell) options and stagnant ETF inflows kept momentum capped…
NEW DELHI: Delhi police on Sunday arrested three terrorists after busting Pakistan-backed gangster-turned-terror module in the national capital.According to the special cell of Delhi police, the module was operational internationally and was spread across multiple states in India.According to the additional commissioner of police Pramod Kumar Kushwaha, the module had recently threw a hand grenade…
Equity benchmarks ended last week on a strong note, extending their winning streak for the third straight week and hitting fresh all-time highs. After early profit-taking, a sharp midweek rebound lifted sentiment, followed by healthy consolidation. By the close, the Nifty gained 0.52% to 26,202.95 and the Sensex rose 0.56% to 85,706.67, reported ET.The rally…
NEW DELHI: The Election Commission of India (ECI) has pulled up the West Bengal government for not releasing the increased honorarium for booth level officers (BLOs) and the additional payment approved for the ongoing special intensive revision (SIR) of electoral rolls.In a statement, the poll body said it had informed an All India Trinamool Congress…
