Investors, led largely by younger buyers, purchased an estimated 12 tonnes of digital gold during January–November this year, according to data compiled by the World Gold Council (WGC) even as demand slowed after a recent regulatory caution from Sebi.The estimate is based on data from the National Payments Corporation of India (NPCI) on UPI transactions…
Karnataka CM Siddaramaiah (PTI image) NEW DELHI: Proceedings in the Karnataka Assembly were disrupted on Wednesday after the Bharatiya Janata Party (BJP) accused the Congress-led Siddaramaiah government of phone tapping.The house was in total ruckus following law and parliamentary affairs minister HK Patil remarks who suggested that the governor Thaawarchand Gehlot was acting on instructions…
This photo taken on February 2, 2024 shows Lu Yu, head of Product Management and Operations of Wantalk, an artificial intelligence chatbot created by Chinese tech company Baidu, showing a virtual girlfriend profile on her phone, at the Baidu headquarters in Beijing. Jade Gao | Afp | Getty Images BEIJING — China plans to restrict…
Real estate developers today are also concentrated on high-end and luxurious projects, rather than affordable housing schemes. This is forcing lenders to reconsider their home loan market strategies, according to Antique Stock Broking’s BFSI Conference 2025, cited by ANI. Developers are now reluctant to build homes under Rs 50 lakh due to high land costs,…
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Blockchain-based tokenized commodities are nearing the $4 billion milestone, following new all-time highs reached by the world’s leading precious metals. Gold, silver and platinum hit record highs on Friday, with spot gold rising as high as $4,530 per ounce, TradingView data shows. Silver, currently not a major contributor to the tokenized commodities market, briefly touched…
NEW DELHI: India must remain “proactive, ahead of the curve and future-ready” in the defence sector as it cannot adopt “a reactive approach” in today’s rapidly evolving world and constantly shifting geopolitical landscape, defence minister Rajnath Singh said on Tuesday.The minister, speaking at the Navy’s ‘Swavlamban 2025’ seminar, also asked Indian defence companies to move…
OKX Ventures, the investment arm of crypto exchange OKX, will invest KRW 80 billion ($53 million) for a 19.6% stake in South Korean cryptocurrency exchange Coinone, the companies announced Friday, marking one of the largest recent investments by a global crypto firm into Korea’s digital asset sector. Korea Investment & Securities (KIS), one of South…
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NEW DELHI: India’s room air-conditioner market is heading into the summer season under clear price pressure, even as companies remain bullish on long-term growth. Manufacturers including Blue Star have indicated further price hikes, driven by rising commodity costs, tighter energy-efficiency labelling norms that came into effect in Jan 2026 and current global headwinds. “The increase…
