India’s foreign exchange reserves fell for the third consecutive week, slipping by $2.699 billion to $687.034 billion for the week ended November 7, according to data released by the Reserve Bank of India (RBI) on Friday.The forex kitty had already declined by $5.623 billion in the previous week to $689.733 billion, extending what has become…
By Francisco Rodrigues (All times ET unless indicated otherwise) The Czech National Bank became the world’s first central bank to buy bitcoin BTC$97,014.68, and a spot XRP exchange-traded fund (ETF) debuted in the US with an impressive trading volume. Yet what’s dominating headlines is bitcoin’s fall below $100,000 and the crypto market crash. The CoinDesk…
In Bihar’s political theatre, irony has always been the opening act, and Nitish Kumar, the master of reinvention, once again turned contradiction into victory.With the National Democratic Alliance (NDA) sweeping the assembly elections by surging past the half-way mark, one wonders what could have been the X-factor that made the people of one of the…
Hiring activity across India’s private sector improved marginally in the first 10 months of 2025, supported by stronger demand, healthier order books and a steady revival in business sentiment. An ET analysis of HSBC and S&P Global Market Intelligence data shows that the jobs component of the seasonally adjusted HSBC India PMI rose to 53.8…
The crypto market is facing one of its sternest tests yet, with the bitcoin BTC$96,737.97 price breaking below the crucial $98,000 level of support following a wave of sell pressure in a low-liquidity environment. The sell-off prompted more than $1.1 billion in liquidations, about half of which occurred on bitcoin trading pairs, according to CoinGlass….
The National Democratic Allaince (NDA) seems set to secure a historic win in Bihar with trends showing it is well on its way to secure a whopping 208 seats in the 243-seat assembly. The 2025 polls unfolded against the backdrop of a meticulously crafted campaign focused on stability, development, and inclusivity, where the NDA’s narrative…
Anil Ambani is the Reliance Group chairman. Anil Ambani has responded to the Enforcement Directorate‘s summons by requesting to appear via “virtual means” for the Friday meeting. Anil Ambani is the Reliance Group chairman.The 66-year-old business leader’s spokesperson released a statement indicating that Ambani has written to the agency, pledging “full cooperation” in the ongoing…
Tether’s dominance in the cryptocurrency market has risen sharply, reaching its highest level since April, underscoring the risk aversion in the broader crypto market. Tether is the world’s largest dollar-pegged stablecoin, trading at a market capitalization of $184 billion at press time. While the stablecoin is widely used to fund crypto purchases and for lending…
As trends in the Bihar assembly election results emerge, NDA alliance has taken decisive leads across the state with Mahagathbandhan trailing. However, one name that is notably absent from the numbers is Prashant Kishor’s Jan Suraaj. Despite promises to reshape Bihar’s political landscape, the results so far show no significant traction for the party.According to…
Tan Su Shan, chief executive officer of DBS Group Holdings Ltd., speaking at the Singapore Fintech Festival in Singapore, on Nov. 12, 2025. Bloomberg | Bloomberg | Getty Images SINGAPORE – Amid fears of an artificial intelligence bubble, much has been made of recent reports suggesting that AI has yet to generate returns for companies…
