Just like the SPR creates storage reserves, there is now a need to create another SPR- Strategic Pricing Reserves. (AI image) By Col Rajeev Agarwal (Retired), Senior Research Consultant, CRFWith the signing of the MoU by President Trump and President Pezeshkian on 16 June and the operationalisation of the Roadmap of 60 days, there is…
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Asian stocks edged lower on Friday, pausing after a strong rally this month, as investors dialled back risk ahead of a crucial weekend that could shape the trajectory of the Middle East conflict.MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.8%, though it remained near its highest level since early March. The index is…
The Indian medium and heavy commercial vehicle (M&HCV) industry appears to be entering the next upcycle, with industry volumes estimated to grow by around 8 per cent year-on-year in FY26 and 10 per cent in FY27, following a period of modest growth, according to a report by Nomura.The report highlighted that improving industry fundamentals are…
The combined market value of all stablecoins has hit a record high of $322 billion, dwarfing the foreign exchange reserves of 95 countries, including several developed countries. As of now, their combined market cap is bigger than the FX reserves of Poland, Thailand, Mexico, and developed economies such as the United Kingdom, Canada and even…
Kyle Samani, co-founder of crypto investment firm Multicoin Capital, is stepping down from his role as managing director, he announced Wednesday in a post on X. “It’s a bittersweet moment for me because my time at Multicoin has been some of the most meaningful and rewarding of my life,” Samani wrote. “After nearly a decade…
NEW DELHI: Prime Minister Narendra Modi on Sunday cautioned that a petrol and diesel crisis was developing worldwide as ongoing conflicts continued to affect key energy regions.Speaking during the 132nd episode of Mann Ki Baat, he said, “This month of March has been extremely eventful on a global level. We all remember that, in the…
Check out the companies making headlines before the bell. SanDisk — The maker of flash memory products, including memory cards, climbed more than 4%. The stock, spun off from Western Digita l last February, enters the S & P 500 on Friday. Tilray Brands — The cannabis processor and owner of Montauk Brewing slid 14%…
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