Crude oil prices showed slight relaxation on Wednesday as tensions continue to boil in the Middle East. Brent crude climbed 3.2% to $103.42 a barrel before slipping $1.15, or 1.11%, to $102.27 a barrel, by 0108 GMT. US West Texas Intermediate crude fell $1.54, or 1.6%, to $94.67. The gains initially marked oil’s second-highest close…
XRP slid through short-term support Wednesday as sellers again showed up near $1.90, keeping the token pinned in a tightening range and pushing attention toward the $1.85 area. News background The move comes as crypto markets remain choppy into the year-end window, when liquidity often thins and positioning tends to dominate price action. Traders have…
Igor Runets, who founded Russia’s largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three charges for allegedly concealing assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it becomes…
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MUMBAI: Sammaan Capital, formerly Indiabulls Housing Finance, will pivot to a multi-asset lender spanning personal/gold/MSME loans after its acquisition by Abu Dhabi-based International Holding Company for about Rs 8,850 crore, making it a multinational NBFC.IHC’s affiliate Avenir Investment RSC will take a 41.5% stake via preferential shares/warrants, with scope to cross 63% through a mandatory…
NEW DELHI: Expressing dismay over the Madhya Pradesh high court order condoning delay of over four years on the state govt’s part to file an appeal, the Supreme Court has said it “wonders” whether the high court was aware about law laid down by the apex court on condonation of delay, and quashed the order.The…
NEW DELHI: The govt’s unified digital platform, e-Jagriti, which enables consumers to file and track grievances with all consumer commissions, has garnered over 2.7 lakh registered users, including 1,388 NRIs, since its launch on Jan 1.In a statement, the consumer affairs department said on Sunday that as of Nov 13, the unified portal has facilitated…
The top Democrat on the U.S. House Financial Services Committee demanded the chairman of the Securities and Exchange Commission explain during a Wednesday hearing what happened with the agency’s enforcement interest in Tron Foundation founder Justin Sun and whether his ties to President Donald Trump have had an influence. Representative Maxine Waters highlighted the U.S….
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India-US trade deal: India should be highly cautious about lowering duties for USagricultural or genetically modified products and must press the Trump administration to sharply reduce its steep tariffs, the Global Trade Research Initiative (GTRI) said on Wednesday.The think tank also advised New Delhi to wait for the US Supreme Court’s ruling on President Donald…
