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Why the ‘Trump rally’ is hitting a wall of profit-taking

Bitcoin BTC$80,314.53 slipped back below $80,000 on Wednesday after a brief breakout attempt, as onchain data suggested the rally was already running into profit-taking pressure. CryptoQuant said bitcoin’s 37% rebound from April lows still looks more like a bear-market rally than a confirmed trend reversal, with realized profits hitting their highest level since December and…

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11 years on, Jan Suraksha schemes deliver Rs 25,000 crore safety net for crores of Indians

More than a decade after the launch of the Centre’s flagship Jan Suraksha programmes, claims amounting to nearly Rs 25,160 crore have been paid out under two major insurance schemes, with enrolments include several crores across life cover, accident insurance and pension initiatives. Finance minister Nirmala Sitharaman, marking 11 years of the Jan Suraksha schemes…

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Labour law overhaul done: Centre notifies rules for all 4 labour codes; new wage, social security norms kick in

The Centre has completed the implementation of the four new labour codes by notifying the corresponding rules, more than five years after the reforms were first introduced to replace and consolidate 29 existing labour laws, PTI reported.The four codes — the Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and…

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