Cryptocurrencies started the week on a strong footing with bitcoin BTC$73,363.11 surging above $74,000 and U.S. equities bounced as oil prices eased. In morning U.S. trade, BTC hit its strongest price since early February at $74,500, up 3.9% over the past 24 hours. The largest crypto broke out of its six-week range, boosting sentiment across…
New Delhi: PVR INOX on Monday said it will divest its premium snacking business under the 4700BC brand to FMCG major Marico in an all-cash transaction valued at Rs 226.8 crore, a move aimed at reducing debt and sharpening focus on its core cinema operations. PVR INOX expects this deal to “be completed within 30…
Piyush Goyal meets Pharma stakeholders to push innovation (Picture credit: X/@PiyushGoyal) Union minister of commerce and industry, Piyush Goyal, held a key interaction with stakeholders from India’s pharmaceutical sector, focusing on strengthening industry growth and regulatory reforms. The minister highlighted discussions on innovation, data protection frameworks, investment commitments, and opportunities to scale manufacturing in India….
Artificial Intelligence (AI) could add as much as $1.7tn to India’s economy by 2035, positioning the technology as one of the country’s most powerful growth engines over the next decade, according to government estimates.The projection comes as India ramps up public investment and policy support for AI through initiatives such as the IndiaAI Mission, which…
Wall Street lost ground again on Tuesday as a fresh slide in Nvidia and other major technology stocks weighed on sentiment, adding to concerns that recent valuations had climbed too high. Early trading saw the S&P 500 fall 0.3%, with the Dow Jones Industrial Average dropping 361 points and the Nasdaq composite declining 0.6%, AP…
Realtors’ apex body CREDAI on Sunday expressed disappointment over the Union Budget 2026-27, saying it failed to offer any concrete measures to boost demand and supply in the affordable housing segment.The association, which represents around 15,000 real estate developers across the country, warned that the share of affordable housing in new home launches could shrink…
The government will launch the seventh tranche of auctions for critical and strategic minerals on Monday, putting 19 blocks on offer across multiple states as part of efforts to strengthen domestic resource security.The move comes as India seeks to boost self-reliance in clean energy, advanced technologies, fertilisers and other strategic sectors amid global supply-chain disruptions,…
Crypto billionaire Justin Sun endorsed Tron Inc.’s strategy of stacking the TRX token, which has recently outperformed bitcoin BTC$70,853.46, as a core treasury asset, spotlighting their latest dip buy with a simple “keep going” on X. The Nasdaq-listed Tron Inc. announced that it acquired 175,507 TRX tokens on Wednesday at an average price of $0.28,…
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Amid soaring crude oil prices worldwide due to the ongoing US-Israel war with Iran, the International Energy Agency (IEA) has proposed the largest disbursement of oil reserves to help bring down prices.The release could exceed the 182 million barrels of oil that IEA member countries put on the market in two separate releases in 2022,…
