Finance Commission submits report to President Murmu (Photo credit- PTI ) The 16th Finance Commission on Monday submitted its report for the five-year period 2026-31 to President Droupadi Murmu, marking a key step in finalising the formula that will determine how central taxes are shared with states, PTI reported.The panel, chaired by Arvind Panagariya, had…
Bitcoin BTC$95,789.16 slumped to a fresh six-month low on Monday, extending its multi-week retreat as crypto sentiment continued to deteriorate. After a slight rebound from overnight lows, BTC — in what’s become a familiar pattern — resumed its decline in the U.S. session, falling to $92,500, down 2.4% through the past 24 hours and nearly…
NEW DELHI: The Chandrayaan-4 lunar sample-return mission, which recently received the Centre’s approval, is likely to be launched in 2028, Isro chairman V Narayanan has said. Isro is set to launch seven more satellites, including the liftoff of a PSLV rocket made entirely by the industry in the current financial year.The Isro chief said the…
Peter Thiel ‘s namesake fund exited Nvidia in the third quarter, the latest sign of caution around the high-flying artificial intelligence darling. Thiel Macro zeroed out its stake worth nearly $94 million during the three-month period, regulatory fillings show. It marked the fund’s biggest change by dollar value in the quarter, according to InsiderScore. Thiel’s…
The government on Monday tightened import controls on select categories of platinum jewellery, imposing licensing requirements until April 30, 2026, in an effort to check misuse of free trade agreements (FTAs), particularly with ASEAN nations, PTI reported.The Directorate General of Foreign Trade (DGFT), in a fresh notification, revised the import policy for these platinum jewellery…
India is set to benefit modestly from the United States’ decision to withdraw reciprocal tariffs on a set of agricultural products, including tea, coffee and spices, the commerce ministry said on Monday, PTI reported. The tariff exemptions, announced through a White House Executive Order on November 12, took effect the next day.The move rolls back…
XRP retreated sharply from the $2.30 ceiling on Tuesday as profit-taking overwhelmed buying interest, with a surge in institutional volume confirming that resistance remains structurally intact. News Background Broader crypto markets remain under pressure as risk sentiment softens and technical signals dominate short-term trading behavior across majors. According to FxPro’s Alex Kuptsikevich, crypto conditions still…
SRINAGAR: The National Investigation Agency (NIA) announced Monday the arrest of a Kashmiri college student from Srinagar linked to Delhi suicide bomber Dr Umar Un Nabi, hours after the suspect’s father died in hospital of burns suffered in a purported immolation attempt outside their home in Anantnag district’s Qazigund.Jasir Bilal Wani, aka Danish, had been…
Jeffrey Gundlach, CEO of DoubleLine Capital LP, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Wall Street veteran Jeffrey Gundlach said many assets are extremely overpriced right now, urging investors to keep about 20% of their…
The commerce ministry has begun preparing detailed guidelines for the Rs 25,060-crore Export Promotion Mission (EPM) and will start releasing them before the end of November, Commerce Secretary Rajesh Agrawal said on Monday.The government approved the six-year mission on November 12 for implementation from 2025-26, aiming to help exporters navigate global tariff shocks, including the…
