NEW DELHI: Delhi HC on Friday sought a response from Customs department on a plea filed by InterGlobe Aviation, the operator of IndiGo airline, seeking a refund of over Rs 900 crore paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs, reports Abhinav Garg.A bench of Justices V Kameswar…
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Miami Beach — When Shayne Coplan launched Polymarket, he didn’t have a team or major funding. What he had was a blockchain, a strong conviction and a laptop. “I’m a solo founder. I literally started with next to no money,” Coplan said during a conversation at Cantor Fitzgerald’s crypto, AI and blockchain conference in Miami…
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US stock markets rallied on Thursday after a better-than-expected inflation update eased concerns over the interest rate outlook, while a strong earnings report from Micron Technology helped arrest the recent slide in artificial intelligence-linked stocks, AP reported.The S&P 500 rose about 1%, snapping a four-session losing streak. The Dow Jones Industrial Average climbed over 350…
Bitcoin’s BTC$77,115.13 recent climb toward $80,000 is showing signs of strain, with low trading volume and muted derivatives activity raising questions about how durable the rally may be. In a weekly report, 10x Research head Markus Thielen pointed to a disconnect between price action and underlying market participation. “Bitcoin rallied 4.7% over the past week,…
MUMBAI: Markets regulator Sebi on Friday said that brokers with less than 10,000 clients do not need to report technical glitches at their end. It also doubled the reporting time for such incidents to two hours, and also excluded brokers from complying to the rules when technical glitches do not affect trading, and also the…