NEW DELHI: Home minister Amit Shah on Monday chaired a meeting on rejuvenation of Yamuna river, during which he asked the Delhi, Haryana and UP govts to work as a team with an integrated action plan to clean up the water body.Asking the three adjoining states to ensure standard ecological flow — the quantity, timing…
The rupee surrendered most of its previous session’s gains and fell 43 paise to close at 95.61 against the US dollar on Monday weighed down by a sharp rise in crude oil prices and a stronger greenback amid escalating geopolitical tensions in the Middle East, PTI reported.Forex traders said risk aversion in global markets, higher…
Hyderabad: Sigma Advanced Systems on Monday said it has bagged an export contract worth US$21.97 million (nearly Rs 208 crore) to manufacture and supply 40,000 units of 155 mm M107 artillery shell bodies for a customer in North America.The Hyderabad-based company said the order has to be executed over a period of six months, with…
The government will divest up to a 3% stake in state-owned NLC India Ltd through an offer for sale (OFS), with the floor price set at Rs 303 per share, nearly 10% below the stock’s closing price on Monday.The OFS for non-retail investors will open on Tuesday, while retail investors can bid on June 10,…
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…
NEW DELHI: The first major INDIA bloc meeting since the 2024 Lok Sabha elections saw several opposition allies deliver a pointed message to the Congress: be more “large-hearted” and adopt a more accommodating approach towards regional partners, news agency PTI reported, quoting sources.From the CPM’s objections to Congress’s Kerala campaign rhetoric to concerns over the…
India has outlined key demands in its ongoing trade negotiations with the United States, including preferential tariff treatment and assurances against future tariff hikes, as both countries work towards finalising an interim trade agreement, a trade official said on Monday.A proposed bilateral trade agreement between India and the United States may only be finalised after…
Bitcoin’s BTC$63,871.14 slide below $60,000 may have less to do with Michael Saylor’s Strategy (MSTR) and more to do with inflation creeping higher, one analyst argued. In a Monday report, Markus Thielen, founder of 10x Research, wrote to clients that investors have largely misread the drivers behind crypto’s sharp selloff over the past weeks. While…
NEW DELHI: Bharatiya Janata Party on Monday took a swipe at the INDIA bloc after its meeting in Delhi, claiming that the opposition alliance has lost public support and credibility.Addressing a press conference, BJP MP Sambit Patra mocked the shrinking scale of INDIA bloc meetings after parties like DMK and AAP left the alliance, saying…
Government bonds advanced on Monday shrugging off a surge in crude oil prices triggered by escalating tensions in Middle East as optimism over the Reserve Bank of India‘s accommodative policy stance and measures to attract foreign capital supported market sentiment.The yield on the benchmark 6.48% 2035 government bond fell 2.4 basis points to 6.9532%, its…
