The 11 U.S.-listed spot bitcoin exchange-traded funds (ETFs) collectively bled $869.86 million Thursday, registering their second-highest outflow on record, according to data source SoSoValue. Investors have pulled out $2.64 billion over three weeks, signaling growing caution and shifting sentiment in the market. Thursday’s outflow coincided with Bitcoin’s fall below the key $100,000 support level and…
India has shown that rapid economic expansion and social inclusion can progress in tandem, with its development approach now shaping global learning, UNDP’s Acting Administrator Haoliang Xu has said, according to PTI. Calling India’s growth story a mix of technology-driven delivery, participatory governance and resilient climate action, Xu said the country offers “a blueprint for…
Indian companies are rapidly moving from AI experimentation to real-world deployment, but most remain cautious about writing big cheques for large-scale transformation, a new EY–CII study has found.According to the report, 47% of enterprises now run multiple Generative AI applications in their core workflows, a sharp shift from the pilot-heavy approach seen even a year…
NEW DELHI: Rohini Acharya, daughter of Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav, on Sunday recounted what she says unfolded during the family feud that erupted after the Mahagathbandhan’s crushing defeat in the Bihar assembly elections, stressing that she is “not lying about any of the events.” She added that her parents — former…
Gold prices are expected to stay choppy in the coming week as investors brace for a heavy line-up of US economic signals, including the jobs report, Federal Reserve meeting minutes and a speech by Fed Chair Jerome Powell. Analysts said the data flow and commentary from Fed officials will shape expectations around a potential December…
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. It’s unusual to see ether ETH$3,147.47, the world’s second-largest cryptocurrency by market cap, showing relative strength against market leader bitcoin on a day when the market is under pressure. Today is exactly that rare instance. While bitcoin BTC$95,340.23 has slipped…
Representational image (PTI file photo) Lieutenant General Pratik Sharma, Army’s Northern Commander, conducted a review of the counter-terrorism grid in Udhampur district of Jammu and Kashmir on Sunday, emphasising the need for vigilance against emerging threats in the hinterland.The commander visited Basantgarh and Rampur areas, which have experienced several terror incidents in recent years.“Lt Gen…
Samsung has announced a sweeping $310-billion investment plan over five years, aimed largely at expanding semiconductor and AI-enabling infrastructure as the global artificial intelligence boom drives unprecedented demand. The package, unveiled on Sunday, strengthens South Korea’s position as one of the world’s leading chip and AI hubs and builds on the country’s broader strategy to…
Bitcoin miner American Bitcoin (ABTC) reported a third-quarter profit and said revenue more than doubled from the year-earlier period as it expanded its mining capacity and completed its first full quarter as a publicly traded company. Net income at the Miami-based company 20% owned by Donald Trump Jr. and Eric Trump rose to $3.47 million,…
India’s equity markets are expected to take their direction from a mix of domestic macro data, the US Federal Reserve’s latest meeting minutes and updates on the India-US trade deal in the days ahead. Analysts also said that foreign investor activity will continue to play a major role in shaping market sentiment.Vinod Nair, head of…
