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Sam Bankman-Fried, the founder and former CEO of collapsed crypto exchange FTX, formally sought a presidential pardon from President Donald Trump while serving a 25-year prison sentence for fraud and conspiracy. The clemency application appeared Monday in records maintained by the U.S. Department of Justice’s Office of the Pardon Attorney. The case is listed as…
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ZOJI LA (BALTAL): Zoji La tunnel, an upcoming 13. 1km strategic corridor that will provide all-weather connectivity between Kashmir and Ladakh, is on the cusp of a defining moment with a “breakthrough” final blast set for Tuesday.Only three meters of rock remain now and will be blasted before the two ends of the tunnel —…
India’s merchandise exports recorded around 15% growth during April-May of the current financial year despite continuing global economic uncertainties, a senior government official said on Monday as reported PTI.The commerce ministry is scheduled to release the country’s trade data for May on June 15.“During the two months, exports are up by 15 per cent,” the…
SpaceX is preparing for a stock market debut that could become the largest initial public offering in history. The Elon Musk-led company is seeking to raise about $75 billion at a valuation of roughly $1.75 trillion, a figure that would place it among the most valuable publicly traded companies in the world from day one.The…
India recorded a current account surplus of $7.1 billion (0.7% of GDP) in the January-March quarter of FY26 supported by higher services exports and a rise in remittances from overseas Indians, according to Reserve Bank of India data released on Monday.The surplus stood at $13.7 billion, or 1.4% of GDP, in the corresponding quarter of…
Citrini Research, the firm that sparked massive fear of an artificial intelligence bubble in February and triggered a brief market meltdown, has listed crypto exchange Hyperliquid and its token as a new “compelling” idea. The research firm said in its report on Monday that “unlike the memetic majority of crypto (bitcoin included), HYPE generates legitimate…
JAMMU: Three mortar shells were found in two separate places in forward areas along the Line of Control (LoC) in Rajouri district of Jammu and Kashmir on Monday, officials said.According to officials, two mortar shells were found in Jhanghar forest area, while another was found at a secluded location in Makri village of Nowshera sector…
Wall Street recovered some ground on Monday as technology and semiconductor stocks linked to the artificial intelligence (AI) boom bounced back from Friday’s sharp sell-off while oil prices eased from overnight peaks despite continued tensions between Israel and Iran.The S&P 500 rose 0.7% after suffering its worst daily decline since October on Friday. The Dow…
