While the “debasement trade” is in vogue again, Deutsche Bank thinks there are takeaways for investors dating back at least more than five centuries. Precious metals are off to a hot start for the year after a surge in 2025, with gold crossing the $5,000 mark on Monday and silver up more than 50% in…
“You are characterless.”“Sports have very little scope for girls.”“Where is your dupatta? There are male teachers here.”“Only two girls?”“Menstrual leave? Your pay would be deducted.”“Don’t wear jeans.”“You’re grown up now. You shouldn’t be roaming around. It’s better for young girls to stay indoors.”“I think I’m barely considered a woman.”These lines are not lifted from the…
Bitcoin BTC$77,246.08 has decisively broken above $77,000 for the first time since its sharp selloff on Feb. 5, when it dropped to a low near $60,000. The breakout also carries positive implications for Strategy (MSTR), the largest publicly traded holder of bitcoin. The company is now back in profit on its bitcoin holdings, with an…
In court, China Evergrande Group faced accusations including illegal fundraising through public deposits, fraud, corporate bribery. (AP file photo of Evergrande complex) Hui Ka Yan, the founder of heavily indebted property giant China Evergrande has admitted guilt to multiple offences. These include unlawfully taking public deposits, fraud, and corporate bribery, according to a statement released…
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O2C Division Hit Hard By Rising Costs, Supply Chain Disruptions MUMBAI: Reliance Industries, India’s most valuable company by market capitalisation, posted a 9% fall in quarterly profit on Friday, as surging crude prices driven by the West Asia conflict weighed on its core oil-to-chemicals (O2C) division.Consolidated net profit fell to Rs 20,589 crore in the…
Trump Media & Technology Group is looking to reorganise its business, with plans to spin off its social media platform Truth Social into a separate publicly traded company. The company, founded by US President Donald Trump, on Friday, confirmed that it is in discussions with TAE Technologies and Texas Ventures Acquisition III about the proposed…
DHAKA/KOLKATA: Bangladesh foreign ministry said on Tuesday that it had “conveyed its grave concern to Indian govt over the regrettable incidents outside the perimeter of Bangladesh High Commission and residence in Delhi on Dec 20 and the acts of vandalism at Bangladesh visa centre in Siliguri on Dec 22 by different extremist elements”.It added that…
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Not everything in bitcoin is at risk from a quantum computer. Bitcoin mining, the process by which new blocks get added to the blockchain, uses a type of math called hashing that quantum computers cannot meaningfully break. The ledger itself and the rule that new bitcoin can only be created through mining would survive a…
