NEW DELHI: Top 10 extreme weather events such as wildfires, heatwaves, floods and cyclonic storms cost the world more than $122 billion in 2025, said a report – Counting the Cost 2025 – released by a global not-for-profit organisation, Christian Aid. Exceptionally heavy monsoon rainfall experienced by large parts of India and Pakistan from June…
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MUMBAI: The rupee fell to a record low of 93.71 on Friday, dropping 108 paise from its previous close of 92.63, marking its sharpest single-day decline in four years, as fears of oil prices staying above $100 for longer intensified with the West Asia conflict widening to attacks on energy infrastructure in the region.Forecasters are…
U.S. regulators’ first joint guidance on applying securities laws to different types of crypto tokens failed to provide enough impetus to lift bitcoin BTC$74,223.94, the largest, above $75,000. The interpretive guidance from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which doesn’t carry the weight of a formal rule, classified…
Kalshi co-founder Tarek Mansour has called Arizona’s criminal case against the company a “total overstep,” casting the move as an attack on a federally regulated exchange rather than a standard gambling enforcement action. Mansour said the charges “have nothing to do with gambling or the merits” and argued that Arizona is trying to short-circuit a…
The crypto rally ran into a wall on Friday as fresh headlines of potential escalation in the Iran conflict abruptly cooled risk appetite across markets. Among the developments, the U.S. Central Command confirmed that all six crew members aboard a refueling aircraft that crashed in Iraq on Thursday had died. Meanwhile, the Wall Street Journal…
BENGALURU: Uber’s India business posted total sales of Rs 3,849.2 crore in FY25, up 2.3% y-o-y, reflecting a sharp slowdown in growth even as losses widened significantly, according to consolidated financials accessed via Tofler.Operating loss surged to Rs 1,052.3 crore from Rs 84.8 crore in FY24, with operating margin deteriorating to -27.3% from -2.2%. Net…
NASIRABAD: At a time when the Centre is pushing for restructuring the defence forces, the Indian Army has carried out one of the biggest ever transformations to meet modern warfare challenges creating a pool of over one lakh drone operatives across the force.Bhairav, the latest Special Force raised by the Indian Army- is being readied…
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Anchorage Digital has partnered with Kamino and Solana Company to roll out a structure that allows institutions to borrow against staked Solana without moving assets out of regulated custody, potentially addressing a key friction between traditional finance and decentralized lending markets. In a Friday announcement, Anchorage said the initiative expands its Atlas collateral management platform…
