Strategy (MSTR), the world’s largest publicly traded holder of bitcoin, announced on Monday that it purchased 4,871 BTC for $330 million, marking one of its largest acquisitions of 2026. Yet a recurring question remains, why do these sizable purchases fail to move the market? In fact, bitcoin’s price often declines around the time these announcements…
MUMBAI: RBI governor Sanjay Malhotra said that the regulator plans to increase offsite surveillance of banks in real-time. Historically, RBI has been conducting onsite supervision of the records of banks largely through annual financial inspections and targeted inspections under a risk-based supervision framework focusing on core areas like capital adequacy, asset quality, management, earnings liquidity…
Bangladesh is weighing a proposal that would see Russian crude oil refined in India before the finished fuel is imported back, as the country grapples with supply pressures triggered by the Middle East conflict. According to people aware of the development, the arrangement under consideration would require Bangladesh to pay for the import of crude,…
NEW DELHI: Prime Minister Narendra Modi on Wednesday, on the occasion of the Constitution Day, urged citizens to uphold their constitutional duties, saying these form the bedrock of a strong democracy.In a letter to citizens on Constitution Day, PM Modi underlined the responsibility of strengthening democracy by exercising the right to vote, and suggested that…
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Piyush Goyal (File photo) Commerce and industry minister Piyush Goyal on Saturday said India has secured the best trade deal with the United States among competing nations, highlighting the strength of the economic and strategic partnership between the two countries, reported PTI.Speaking at the Raisina Dialogue 2026 in New Delhi, Goyal said India and the…
Wells Fargo (WFC), one of the largest U.S. banks overseeing $1.7 trillion in assets, has filed a trademark application for a new digital asset-focused platform branded as WFUSD, signaling that the bank is pushing deeper into crypto and blockchain. According to a Tuesday filing for the United States Patent and Trademark Office (USPTO), WFUSD would…
Check out the companies making the biggest moves premarket: Qualcomm , Apple — The chipmaker surged more than 12% after TF International Securities analyst Ming-Chi Kuo said in a post on X that OpenAI is working with Qualcomm to develop smartphone processors. Apple, the iPhone maker, slipped 1.5% on the report of a potential new…
