Jefferies’ Asia allocation reset: Agency raises India and Taiwan weightings; trims China and Indonesia exposure

Jefferies has increased its allocation to India and Taiwan in its Asia Pacific ex-Japan relative-return portfolio, while cutting exposure to China and Indonesia, as it reassesses growth prospects and macro risks across the region, ANI reported.In its latest strategy note, the global investment bank said it has raised the weightings of India and Taiwan by…

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Bitcoin ETFs Shed $782M Over Christmas Week as Outflows Extend

Spot Bitcoin exchange-traded funds (ETFs) recorded heavy outflows over Christmas week, with investors pulling a combined $782 million from the products, according to data from SoSoValue. The most significant single-day withdrawal during the period occurred on Friday, when spot Bitcoin (BTC) ETFs posted $276 million in net outflows. BlackRock’s IBIT led the losses with nearly…

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Indian wines on international shelves: Shipments double from last year; Alphonso mangoes, jamun & other flavours in demand

India’s push into global wine markets is beginning to gain attention as fruit-based wines slowly find space alongside traditional grape labels overseas. As growth in domestic wine consumption remains muted, exporters are leaning on international demand to fuel expansion, ET reported. In the first seven months of the current financial year, wine shipments from India…

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Ratan Tata’s 88 birth anniversary: Politicians, industrialists pay tributes; call him ‘jewel of India’

India on Sunday paid tribute to late Ratan Tata on his 88th birth anniversary, as political leaders, industrialists and institutions gathered to remember the businessman.Tata Group chairman N Chandrasekaran paid homage to Ratan Tata at Bombay House, garlanding the statue of the late industrialist and philanthropist, Ratan Tata, the former chairman of the Tata Group.Recalling…

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‘My children unsafe at home’: Unnao rape victim’s plea ahead of SC hearing; seeks justice against Kuldeep Sengar | India News

A protester holds a placard during a demonstration against the suspension of the jail term of Kuldeep Sengar NEW DELHI: The survivor of the 2017 Unnao rape case on Sunday said that she fears for the safety of her children after the Delhi high court suspended the life sentence of expelled BJP leader Kuldeep Singh…

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Twist in court: 2nd husband testifies for 1st; woman loses 17-year old domestic violence case | India News

MUMBAI: In an unexpected turn, a woman’s current husband took the witness stand to depose on behalf of her ex-spouse, ending a nearly 17-year-old domestic violence case. The case, initiated in 2009 by the woman, alleged years of torture by her first husband. She sought protection and monetary relief, claiming she was ousted from her…

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‘We can learn’: Shashi Tharoor’s ‘discipline’ retort to Digvijaya Singh’s RSS praise; signal for Congress? | India News

NEW DELHI: Congress MP Shashi Tharoor on Sunday offered a measured response to senior party leader Digvijaya Singh’s praise for the organisational strength of the Rashtriya Swayamsevak Sangh (RSS), remarks that triggered sharp reactions within the Congress and handed the BJP a fresh line of attack.“We have a history of 140 years, and we can…

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