Sovereign wealth funds were buying the dip in bitcoin BTC$91,392.19, according to BlackRock CEO Larry Fink. “We’re seeing more and more legitimate, long-holding investors investing in it,” Fink said Wednesday at the New York Times DealBook Summit in New York. “I can tell you there are a number of sovereign funds […] they are adding…
NEW DELHI: Amid reports that billionaire Elon Musk joined the phone call between PM Narendra Modi and President Donald Trump last week, the Indian govt said on Saturday that the conversation was between the leaders only.NYT reported late on Friday that Musk participated in the phone call that Trump made to Modi, calling it an…
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CME Group broke its single-day record for cryptocurrency futures and options trading, logging 794,903 contracts on November 21, the company said. The spike, which surpasses the previous record set in August, highlights a surge in demand for regulated crypto derivatives during a time of heightened market volatility. The Chicago-based exchange has seen activity in its…
Rahul Gandhi in Lok Sabha NEW DELHI: Leader of opposition Rahul Gandhi on Wednesday launched a sharp attack on the recently signed India-US trade agreement, claiming the deal was poorly negotiated and compromised country’s interests.Speaking in the Lok Sabha, the Congress leader laid out what he described as the approach INDIA bloc would have taken…
The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed at expanding coverage, streamlining operational aspects and addressing emerging requirements in the agriculture sector.The central bank has invited comments and feedback on the draft guidelines from regulated entities, members of the…
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