BondBloxx ETFs has been making a big bet in private credit. Even with Wall Street fears of an impending meltdown in the space, the firm’s co-founder and chief operating officer is confident private credit is a sensible way for investors to pursue income. “What you’re seeing in the press… maybe a fund of one manager and…
InterGlobe Aviation shares fell sharply on Thursday after Competition Commission of India (CCI) ordered initiating a detailed investigation into IndiGo over alleged unfair business practices. The stock dropped over 3% during the morning session. On the BSE, shares of the airline’s parent company slid 3.65% to Rs 4,782.45, while on the NSE they declined 3.63%…
Bitcoin BTC$71,091.27 is now approximately 20% below its estimated average production cost, increasing financial pressure across the BTC mining sector. The average cost to mine one bitcoin is around $87,000, according to data from Checkonchain, while the spot price has fallen towards $70,000. Historically, trading below production cost has been a feature of a bear…
Silver and gold prices saw a sharp reversal on Thursday, snapping a two-day recovery as futures came under heavy selling pressure amid weak global cues and a firm US dollar. On the Multi Commodity Exchange (MCX), silver futures for March delivery plunged by Rs 26,850, or 10%, to settle at Rs 2,42,000 per kilogram. In…
NEW DELHI: Congress slammed Prime Minister Narendra Modi for “hiding behind Speaker” after Om Birla said that he had requested the PM to not to come to the House when he was scheduled to reply to the President’s address, citing security reasons by the women MPs. The Lok Sabha eventually passed the Motion of Thanks…
MUMBAI: Most companies reporting their financial results for Q3FY26 are reporting a large one-time provison towards employee benefits attributing it to the new labour code. TOI takes a look at what brought about these changes and how does it affect stakeholders.1. What is the new labour code change that is forcing companies to make one-time…
Bitcoin clawed its way back above $71,000 on Thursday after a sharp selloff earlier in the day dragged prices briefly below the $70,000 mark, mirroring tentative stabilization across global markets. The move came as a broader rout in technology stocks showed signs of fatigue. Futures tied to the Nasdaq 100 edged higher after two bruising…
NEW DELHI: The ministry of external affairs on Thursday rebutted a Bloomberg report which claimed that National Security Adviser Ajit Doval had a meeting with US secretary of state Marco Rubio before New Delhi And Washington reached an agreement on the trade deal.In a weekly press briefing, MEA spokesperson Randhir Jaiswal called the report baseless…
India and United States are going ahead with “high-level engagement,” US Ambassador to India Sergio Gor said on Thursday, pointing that Washington is ready to take the bilateral relationship further. “Engagement at the highest levels is currently happening. The United States is ready to elevate this relationship even further. Limitless Potential!” Gor wrote on Twitter….
NEW DELHI: The Supreme Court on Thursday in a major relief to West Bengal government employees, directed the state government to pay dearness allowance (DA) to its employees in accordance with the West Bengal Services (Revision of Pay and Allowances) Rules, 2008, ruling that financial constraints cannot be cited to deny the benefit.However, the apex…
