Bitcoin BTC$88,416.06 and other crypto assets again fell steadily through the U.S. session on Monday, with BTC sliding below $88,000 after earlier having climbed above $90,000 and ETH ducking back below $3,000. Some crypto-related stocks are still holding gains, led by Hut 8 (HUT), which continues to rise following its deal last week for a…
American company FedEx has come under fire after a multibillion-dollar federal delivery contract coincided with a sharp increase in the company’s hiring of foreign workers, even as it cut hundreds of US jobs across multiple states.In December 2022, the US Transportation Command awarded FedEx a contract worth $2.24 billion for the Next Generation Delivery Service-2…
MUMBAI: Infosys and Bharti Airtel led a 638-point sensex rally on Monday, its second session of rebound after days of slide, as the reversal in rupee’s strength against the dollar enthused Dalal Street investors. The rise in the sensex, however, came even as foreign funds were net sellers, BSE data showed. Over the past few…
KOLKATA: A day after a group of minority community members in Bangladesh met the family of Dipu Chandra Das – a Hindu man who was lynched by a mob at Mymensingh – and posted about their plight on social media, donations from India and other countries, including US and Singapore, poured in for his impoverished…
HYDERABAD: Gold and silver surged past their previous peaks to set new highs in the international and domestic markets on Monday. On MCX, Feb gold futures leapt over Rs 1,700 to an all-time high of Rs 1,36,646 per 10gm, mirroring spot prices on Comex that pierced $4,400/oz for the first time. MCX March silver futures…
NEW DELHI: Capital infusion by Japan’s Mitsubishi UFJ Financial Group (MUFG) will strengthen Shriram Finance’s balance sheet as well as provide long-term growth capital. MUFG has said it will invest Rs 39,618 crore in Shriram Finance through a preferential allotment of equity shares, acquiring a 20% stake in the non-bank lender. MUFG will make the…
MUMBAI: Unilever, Levi’s and Tesla have at least one thing in common – Indian-origin chief financial officers. More than a dozen global giants – from Apple and Qualcomm to HSBC and Mastercard have CFOs of Indian descent, a study by global executive search firm Stanton Chase showed. Of the 20 (includes three former ones) such…
KULLU: A doctor at Shimla’s Indira Gandhi Medical College and Hospital (IGMC) was suspended on Monday after he brutally assaulted a patient, who protested at being called ‘tu’ and asked for some politeness. A video of the incident, shot by an attendant, shows a doctor in surgical mask repeatedly punching the patient, Arjun Panwar, 36,…
The price of BNB moved up over 1.7% in the last 24 hours amid a cryptocurrency market rise that saw the wider CoinDesk 20 (CD20) index move up 2.2% in the same period. The price broke past the $860 resistance level that had capped recent rallies and briefly touched $868 before seeing a slight pullback….
NEW DELHI: The India-New Zealand Free Trade Agreement (FTA) is set to ease mobility for Indian students and skilled professionals, while opening up fresh opportunities for exporters, manufacturers and service providers in a deal that is expected to widen New Delhi’s influence in the Indo-Pacific region. .The agreement removes numerical caps on Indian students in…
