SGX’s Bitcoin and Ethereum Perpetual Futures Debut Strong with $35 Million Volume
Trading volumes reached nearly 2,000 lots traded on day one, representing about $35 million in notional value. Source link
Read More
28 Naxalites quit arms: Group with Rs 89 lakh bounty surrenders in Chhattisgarh; cites govt scheme as reason | India News
NEW DELHI: Twenty-eight Naxalites, including 19 women and 22 cadres carrying a cumulative reward of Rs 89 lakh, surrendered before senior police officers in Chhattisgarh’s Narayanpur district on Tuesday, officials said. According to inspector general of police (Bastar Range) Sundarraj Pattilingam, the group cited their decision was driven by the state government’s ‘Niyad Nellanar’ (your…
An inside look at his analysis showing AI is a bubble
Michael Burry — the investor known for predicting the housing meltdown ahead of 2008 — has turned his attention to one of the market’s most beloved themes: artificial intelligence. Burry recently deregistered his hedge-fund firm, Scion Asset Management, removing it from routine regulatory disclosures. But he remains actively investing, and he is doubling down on…
Gold loan boom: Credit market poised for major expansion; NBFCs plan 3,000 new branches as demand jumps
India’s gold loan market is gearing up for strong expansion, with non-bank lenders preparing to open around 3,000 dedicated branches over the next year to meet rising demand. The market, which is largely led by public-sector banks, grew 36% year-on-year to Rs 14.5 lakh crore by the end of September.According to sector heads quoted by…
Gold price today: Yellow metal jumps sharply; check 24K, 22K city-wise rates in Delhi, Mumbai and Kolkata
Gold prices surged on Tuesday in the futures trade, tracking firm global cues as expectations of a US Federal Reserve rate cut next month gained further momentum after dovish comments from top officials. The optimism pushed bullion higher for the third straight session, with traders increasing their bets on easier monetary policy.On the Multi Commodity…
Fiscal strain: Moody’s says tax cuts slow govt revenue; will it limit support for the economy?
India’s fiscal space is tightening as recent tax cuts weigh on revenue growth, leaving the government with less room to support the economy through policy measures, Moody’s Ratings said on Tuesday, according to PTI. The global agency flagged that lower collections in the current financial year have added pressure on the fiscal consolidation path.Speaking at…
Trade compliance push: Commerce Ministry maps global non-tariff rules; exporters asked to share data
The commerce ministry has begun a detailed mapping of mandatory and voluntary non-tariff measures across major global markets as part of a new effort to strengthen export quality and technical compliance.In a note, the Directorate General of Foreign Trade (DGFT) said it is compiling a database of regulatory requirements — including certifications, testing protocols, inspections,…
Mining backlash: Kyrgyzstan detains China firm head; mining probe widens amid environmental damage claims
Kyrgyzstan has arrested the Chinese chief executive of a gold mining company accused of causing “large-scale” environmental damage, marking a sharp escalation in local scrutiny of Chinese investment in the Central Asian nation.The Chinese national, who heads Kemin Resource Group, was detained last Thursday for allegedly damaging thousands of square metres of land and providing…
AI bets pay off: Alibaba posts 5% revenue rise as AI app hits 10 million downloads; cloud business accelerates
Alibaba reported a stronger September quarter on Tuesday, buoyed by the blockbuster launch of its redesigned Qwen AI app and a sharp pickup in cloud-computing revenue, even as net profit fell sharply.The Chinese tech major said revenue for the three months ended September 30 rose 5% year-on-year to 247.8 billion yuan ($35 billion), ahead of…
