Technical reversal signals emerge amid extreme oversold conditions following an aggressive institutional distribution wave. News Background • Whale wallets dumped nearly 200 million XRP (~$400M) over 48 hours, triggering acute supply pressure• Market-wide risk-off intensified as Bitcoin slipped below $90,000, pulling altcoins into deeper volatility• Bitwise’s new XRP ETF posted $25.7M first-day volume and $107.6M…
India’s foreign exchange reserves declined by $7.052 billion to $709.759 billion in the week ended March 13, according to data released by the Reserve Bank of India (RBI) on Friday.In the preceding reporting week, the country’s overall reserves had dropped by $11.683 billion to $716.81 billion. The reserves had earlier touched an all-time high of…
NEW DELHI: Flagging concerns that Indian arms companies were failing to deliver emergency procurements on time and that some of them were even inflating the extent of indigenous content in their products, Chief of Defence Staff Gen Anil Chauhan has said the armed forces expect “a bit of nationalism and patriotism” in industry’s “profit-driven endeavours”.“Defence…
India’s economy continues to expand at a robust pace, supported by strong domestic demand, low inflation and healthy bank balance sheets, even as risks from unsecured lending, fintech exposure, external uncertainties and stablecoins persist, the Reserve Bank of India said in its December 2025 Financial Stability Report (FSR), PTI reported.The report said the domestic financial…
NEW DELHI: A fresh round of discussion has emerged on social media after multiple users asked Grok who it would vote for if it were an Indian citizen, with the chatbot repeatedly naming Prime Minister Narendra Modi over Leader of Opposition in Lok Sabha Rahul Gandhi.Several users posed a similar question to the chatbot, offering…
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NEW DELHI: Prime Minister Narendra Modi on Wednesday extended his greetings to the people of Manipur, Meghalaya, and Tripura on their 54th Statehood Day, honoring their vibrant culture, stunning landscapes, and valuable contributions to India’s progress.Wishing the people of Manipur, PM Modi highlighted the state’s passion for sports, rich cultural heritage, and close bond with…
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Morgan Stanley has an overweight rating on Adani Power with a target price Rs 185. Analysts said the company expects to achieve 100% tie up for 23.7GW under construction capacity by next year. The company targets to reduce current united capacity from 10% to 3-4%. Analysts said that at current tariffs, they expect earnings before…
U.S. inflation data is the major catalyst to watch this week, as it could move the needle on market sentiment and Federal Reserve interest-rate expectations. The war in the Middle East and other geopolitical risks have kept commodity markets volatile, with bitcoin BTC$68,153.83 last week failing to remain above the $70,000 mark. The U.S.-Israel conflict…
