Key points: Bitcoin is bearish in the short term and could plunge to $50,000 if the $74,508 level is breached. The short-term trend is likely to turn bullish above $100,000, opening the doors for a rally to $126,199. Bitcoin (BTC) began 2025 near $93,000, before plunging to $74,500 in April and then rallying to $126,199…
An under-construction Mumbai Ahmedabad bullet train station NEW DELHI: A delay of over four years has pushed up the cost of country’s first bullet train project by around 83% to Rs 1.98 lakh crore. The first leg of the project, between Surat and Bilimora, is scheduled to be inaugurated in Aug 2027, while the entire…
AI-generated image for representation NEW DELHI/KOLKATA: In a move to track the origin and manufacturing of all batteries and help consumers get details of their life and performance, govt has come up with proposed guidelines for Battery Pack Aadhaar Number. Under this, every battery pack will have machine-readable, 21-character alphanumeric code and QR code storing…
Ultra wealthy Indians are increasingly placing their bets on pink, blue and yellow diamonds, embracing the rare stones as both eye-catching statement jewellery and long-term investment assets. Coloured diamonds,far rarer than conventional white diamonds, have seen demand spiked by 20%-25% over the past year, even as prices continue to climb.According to jewellers and traders, since…
Speculation that Bitcoin whales are engaged in a massive reaccumulation phase has been significantly overstated, suggesting the digital asset market structure has not materially changed, according to onchain data from CryptoQuant. The popular narrative that large holders are aggressively buying Bitcoin (BTC) is misleading, said Julio Moreno, head of research at CryptoQuant. Much of the…
Defence Minister Rajnath Singh JAIPUR/UDAIPUR: Defence minister Rajnath Singh flagged on Friday the alarming trend of what he described as “white-collar terrorism”, involving highly educated people engaging in antisocial and anti-national activities. Rajnath said the “white-collar terror network” behind the Nov 10 car blast in Delhi that killed 15 people illustrated the extent of the…
Insurance behemoth Life Insurance Corporation of India (LIC) on Friday announced the launch of a two-month-long campaign for the revival of individual lapsed policies. This special drive, to be carried out from January 1 to March 2, 2026, is extended to all non-linked policies with a very attractive concession in late fee. Concession is being…
BENGALURU: Karnataka HC has held that even a third party can, depending on the facts of the case, challenge a lok adalat award through a writ petition if the award is alleged to have been secured fraudulently by excluding a proper and necessary party. The observation was made by Justice M Nagaprasanna while quashing a…
BENGALURU: India’s wealthiest individuals and entities spent more than Rs 7,100 crore buying just 51 ultra-luxury homes in 2025, signalling a sharp deepening of demand at the very top end of the residential property market, registration data analysed by Zapkey show. The transactions marked the highest-ever concentration of value in a limited number of home…
MUMBAI/KOLKATA: Several brokerages downgraded ITC and cut their target price for its stock by up to 26% on the back of a proposed sharp hike in taxes on tobacco products. These cuts came even as analysts and brokers awaited the finer details of the govt’s proposed tax changes, effective Feb 1.Analysts at brokerage houses expect…
