NEW DELHI: The price situation in the country remains comfortable and it is unlikely to see any significant surge against the backdrop of the West Asia conflict, top officials said, asserting that the Centre is keeping a close watch and working to ensure steady supplies.Key ministries are tracking the situation daily and the Prime minister’s…
The United States has decided not to extend the temporary waiver that allowed the sale of Russian and Iranian oil already at sea. The announcement comes as US treasury secretary Scott Bessent on Wednesday said, “We will not be renewing the general license on Russian oil,” adding, “That was oil that was on the water…
Michael Saylor, executive chairman of Strategy (MSTR), the largest publicly traded holder of bitcoin BTC$77,851.73, said Thursday on X that the crypto winter is over as bitcoin held above $78,000, a price level first reached early on April 22, according to CoinDesk data. In a Game of Thrones-style image, dressed in a fur coat, a…
Major Wall Street operator Depository Trust & Clearing Corporation (DTCC) said Monday it will begin limited production trades of tokenized securities in July, with a broader launch of its platform set for October. The service, built within DTCC’s Depository Trust Company, will allow firms to issue digital versions of assets already held in custody, while…
CHENNAI: India’s renewable energy sector wrapped up 2025 with a record-breaking surge in capacity additions, underscoring the pace of the country’s clean energy transition. About 48 GW of new renewable capacity was added during the year, including large hydro projects, while around 45 GW was added excluding the large hydro segment, compared with 28 GW…
The crypto market is on the brink of a major breakout with bitcoin BTC$78,258.81 trading at $78,000, the level it failed to breach on Friday and a price it has not topped since January. A break above this level would trigger upside momentum to $80,000 as $180 million worth of futures positions are due to…
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The rupee plunged to a historic low on Wednesday, slipping past the 90-per-dollar threshold for the first time amid foreign fund outflows, firm crude oil prices and uncertainty around the India–US trade deal, according to PTI. The lack of visible RBI intervention through most of the session added to market pressure, forex traders said.At the…
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