Russia’s Ministry of Finance has estimated the country’s daily cryptocurrency turnover at 50 billion rubles, or roughly $650 million, with annual activity exceeding 10 trillion rubles, around $130.5 billion. The figures were shared by Deputy Finance Minister Ivan Chebeskov at the Alfa Talk conference, highlighting the growing scale of unregulated crypto use in the country,…
Bitwise contends that the crypto industry’s obsession with timing a market bottom overlooks a historical pattern where peak investor anxiety often signals the start of a recovery. Having navigated the 2018 and 2022 winters, the crypto asset manager suggested the current “anxious feeling” in the market is a trailing indicator of historical recovery zones. Bitwise…
Devpt Comes As President’s Rule Set To Complete 1yr Manipur’s NDA lawmakers have been summoned to New Delhi, triggering fresh speculation that an elected govt could be restored in the violence-scarred state as President’s rule nears its first anniversary.More than 35 NDA MLAs and party functionaries left Imphal on Sunday after being asked by BJP’s…
Amid growing tension between the United States and its neighbours, Canadian Prime Minister Mark Carney has called for the localisation of products and self-reliance on Canadian goods, stressing that the nation needs to ‘buy Canadian’ and ‘focus on what we can control’. Carney delivered the message on social platform X, posting a video where he…
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MUMBAI: The sensex slid another 400-plus point on Tuesday, taking the total loss in the index to over 1,000 points in just two days. The delay in concluding the US-India trade deal, a weak rupee and foreign fund selling weighed on investor sentiment that pulled the markets down, brokers and dealers said.The sensex opened in…
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MUMBAI: Currency in circulation (CiC) touched a record Rs 40 lakh crore in Jan, rising 11.1% year-on-year, even as its share in the economy declined. The cash-to-GDP ratio eased to around 11.2%, down sharply from the pandemic peak of 14.4% in March 2021, signalling digital payments are financing a growing share of economic activity despite…
Navi Mumbai International Airport (PTI) NEW DELHI: The greenfield Navi Mumbai International Airport (NMIA) became operational on Thursday, nearly three decades after it was conceived to ease congestion at Mumbai’s primary airport.An IndiGo Airbus A320 from Bengaluru made a landing at 8 am and was welcomed with a traditional water cannon salute, marking the start…
