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India-China trade gap widens: Over 30% industrial goods imported from Beijing; GTRI flags concerns

India’s growing trade gap with China is no longer just about buying more and selling less, but it is also about how deeply Indian manufacturing relies on Chinese industrial supplies at present.A new report by think tank Global Trade Research Initiative has flagged that while China makes up around 16% of India’s total imports, its…

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Bitcoin drops under $63,000 as Strategy adds $100 million BTC

Bitcoin (BTC) holder Strategy’s (MSTR) capital trap is getting tighter, according to Ilan Solot, senior global markets strategist, at Marex Solutions, a division of global financial services firm Marex. The company is sitting on a massive bitcoin hoard, accumulated through aggressive buying and stock dilution. Common shareholders bought Saylor’s vision, making the company a leveraged…

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Cabinet backs ordinance to ease tax rules for foreign investors in some securities | India News

NEW DELHI: The Union Cabinet on Wednesday recommended an ordinance to ease tax rules for foreign investors in some categories of securities.The details of the proposal moved by the finance ministry were not immediately available. However, it is being seen as an effort to help strengthen the rupee, which has weakened 6% against the US…

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From Article 370 to Pegasus: Justice Surya Kant set to take oath as 53rd CJI on Monday; key judgments he was a part of | India News

Justice Surya Kant, a judge known for his role in several landmark constitutional and civil liberties rulings, will on Monday be sworn in as the 53rd Chief Justice of India. He succeeds Justice BR Gavai, who demits office on Sunday evening.Appointed as the next CJI on October 30, Justice Kant will have a relatively long…

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