NEW DELHI: Tamil Nadu chief minister MK Stalin on Thursday said his party DMK would consult like-minded opposition parties to move a constitutional amendment to end the practice of the governor’s address at the start of the first assembly session. This comes after a series of confrontations in Opposition-ruled states where governors refused to read…
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As the Middle East war has stretched beyond a month, energy prices have soared sharply, sending ripples across the globe. Iran’s chokehold of Strait of Hormuz has pushed fuel costs higher, hitting energy supplies for major economies. The impact is visible in multiple sectors in India, with higher costs of fuel and petrochemical products feeding…
Crypto markets continue to bleed lower, with bitcoin (BTC) leading the way following Strategy’s (MSTR) disclosure of a small BTC sale on Monday. “The funny thing is that the forced selling in crypto hasn’t even started yet,” wrote Wazz on X Tuesday morning. Whether right or wrong, Wazz, in the space of a few words,…
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The market volatility may be leading retail investors astray. According to Kathmere Capital Management’s Nick Ryder, they shouldn’t use the current backdrop as an excuse to dive into defensive trades — including dividend-paying stocks and bonds. “Oftentimes, we just see too often people taking an income-focused approach, and it leaves a lot on the table,”…
MUMBAI: Investors continued to invest in equities, debt and gold through the mutual fund route despite volatile markets due to geopolitical tensions. In April, net inflows in equity funds were at Rs 38,440 crore, down marginally from Rs 40,450 crore in March while the corresponding figure in debt funds showed a huge reversal with a…
Aave, one of the largest decentralized lending platforms, effectively froze Tuesday after all its major lending protocols ran out of available funds, leaving users unable to withdraw billions of dollars in crypto, DeFi Warhold said as he explained what the 100% utilization means. Roughly $5 billion in stablecoins USDT and USDC are effectively locked, Warhold…
