Bitcoin BTC$87,846.01 reversed gains made earlier in Asia, puncturing nascent recovery rallies in major alternative cryptocurrencies. The leading cryptocurrency by market value dropped below $88,000, having peeped above $90,000, CoinDesk data show. Major altcoins including XRP$1.8798, ether ETH$2,968.39, solana SOL$125.79 and DOGE$0.1255 also retraced their adances. The CoinDesk 20 Index (CD20) pulled back to 2,726,…
Netflix’s takeover of Warner Bros Discovery has shaked up not just Hollywood but also caused India’s cinema industry. Multiplex Association of India (MAI) recently warned that the latest bout of consolidation could undermine the country’s theatrical ecosystem. The association has highlighted a worrying trend: global streaming platforms purchasing major studios. According to MAI, the shift…
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Key takeawys: Bitcoin fell below $63,000 as weak US job data and concerns over AI industry investments fueled investor risk aversion. Options markets show a 6% chance of Bitcoin returning to $90,000 by March. Bitcoin (BTC) slid below $63,000 on Thursday, hitting its lowest level since November 2024. The 30% drop since the failed attempt…
NEW DELHI: India on Thursday slammed Pakistan at UN for misusing the platform and driving its “divisive agenda” after Islamabad’s envoy raised the issue of Jammu and Kashmir in the General Assembly.Permanent Mission of India to the UN Eldos Mathew Punnoose accused Pakistan of spreading baseless allegations and falsehoods and portray a picture that is…
(Photo credit – Aequitas) Siddhartha Bhaiya, founder and managing director of Aequitas Investment Advisors and one of Dalal Street’s most closely followed stock pickers, passed away on December 31, 2025, following a sudden cardiac arrest while on a family vacation in New Zealand. He was 47, ET reported.“It is with profound sadness that we share…
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India is seeking support from the United States to secure marine insurance cover for vessels transporting oil from the Middle East, as the government looks to ensure continuity of energy supplies amid disruptions in the Strait of Hormuz, a senior oil ministry official told PTI.The move comes as the widening conflict in West Asia has…
Gold slumped more than 5%, ending a four-day rally on Tuesday. The metal was weighed down by a stronger dollar and fading prospects of an interest rate cut as inflation concerns intensified against the backdrop of a potentially prolonged conflict in West Asia. Spot gold was down 5.6% at $5,029.59 an ounce whereas prices had…
Rupee opened weaker on Tuesday, falling 11 paise to 90.77 against the US dollar in early trade. The currency continued in red as traders opted a cautious stance after the announcement of the interim trade framework between New Delhi and Washington. At the interbank forex market, the currency at was at 90.63 levels against the…
