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MUMBAI: With the US-India trade deal taking another major step towards closure, Dalal Street investors are expecting a positive opening for the leading indices on Monday. Gift Nifty, used by traders for short term market direction, closed 0.7% up on Saturday, which is providing confidence to investors about a higher opening for the week. On…
Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to people familiar with the matter. The firm had planned to merge its smaller, non-traded Blue Owl Capital Corporation II (OBDC II), into the larger, publicly traded fund Blue Owl Capital…
NEW DELHI: In a key development for the Upper House, President Droupadi Murmu has nominated Harivansh Narayan Singh to the Rajya Sabha, filling the vacancy left by the retirement of former Chief Justice of India Ranjan Gogoi.The nomination was made under Article 80(1)(a) of the Constitution, recognising Harivansh’s contributions to journalism and social service. His…
Crypto billionaire Justin Sun endorsed Tron Inc.’s strategy of stacking the TRX token, which has recently outperformed bitcoin BTC$70,853.46, as a core treasury asset, spotlighting their latest dip buy with a simple “keep going” on X. The Nasdaq-listed Tron Inc. announced that it acquired 175,507 TRX tokens on Wednesday at an average price of $0.28,…
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Keel, an onchain capital allocator of the Sky ecosystem focusing on Solana SOL$131.08, has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to grow Solana’s footprint in decentralized finance. The initiative, dubbed the “Tokenization Regatta” and announced at Solana Breakpoint in Abu Dhabi, aims to…
Support for the yellow metal could persist in the range of $ 4110 – 4075 per oz in near term. (AI image) Gold price prediction today:Gold prices are expected to face upside resistance, and buying on dips may be a favourable strategy, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock…
The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. NEW DELHI: The Cabinet on Thursday cleared rewriting of laws in two critical sectors – stock markets and insurance. The plan is to allow 100%…
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