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The crypto industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2% tax on businesses transacting or storing crypto for customers in the state, but it may be too late to change it in the short-term. The law enacts a 0.2% tax on “receiving any digital asset…
Tether USDT$1.0003, the world’s largest stablecoin by market value, continues to shrink and looks set for a second straight monthly contraction, signaling challenging conditions for a sustainable broader market recovery. Tether’s market capitalization has dropped by 0.8% to $183.61 billion this month, extending January’s 1% slide from a record $186.84 billion, according to data source…
Andrew Tate, founder of the Real World, a company that sells online education courses on trading, lost nearly $100,000 while betting on Bitcoin (BTC) between Wednesday and Thursday. Key takeaways: Tate’s wallet balance drops to $14,000 from $100,000 in a day. The social media influencer has lost around $804,000 on Hyperliquid. Tate’s wallet balance drops…
NEW DELHI: Union govt has banned the export of sugar till Sept 30 this year with immediate effect, a move aimed at enhancing domestic availability and preventing any price rise. Earlier, the exports were under a restricted category, under which a licence was required for the outbound shipments. “The export policy of sugar (raw sugar,…
NEW DELHI: Union finance minister Nirmala Sitharaman said Thursday that the Centre’s fund is not a “free pool of cash that can be used at will”, asserting that every rupee of the taxpayer is accounted for and that there is no denial or stoppage of funds to any state or any scheme. Dismissing opposition charges…
NEW DELHI: Veteran Congress leader Mani Shankar Aiyar on Friday questioned the grand old party’s decision to support actor-politician Vijay and his Tamilaga Vetri Kazhagam in Tamil Nadu, calling the move “dreadful”, ethically questionable and politically reckless. Speaking to PTIl, Aiyar accused the Congress of abandoning its long-time ally Dravida Munnetra Kazhagam immediately after contesting…
The Trump administration’s decision to cut foreign access to Anthropic’s most powerful AI models was reportedly triggered by calls from Amazon CEO Andy Jassy. According to a report from The Wall Street Journal, Jassy contacted senior government officials on Thursday after Amazon researchers discovered a way to prompt Anthropic’s Fable 5 model into returning information…
India has been the world’s fastest growing major economy for several years now. (AI image) In a major feat, India has moved past Japan to become the world’s fourth-largest economy in nominal GDP terms, according to the government’s year-end economic review. The economy is set to overtake Germany to become the third largest after the…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are 360 ONE WAM, and Mahindra & Mahindra (M&M). Here’s his view on Nifty, Bank Nifty for the week starting December 1, 2025:Nifty View:Nifty has finally shattered…