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Institutions are increasingly using proven bitcoin BTC$87,777.45 options techniques on alternative cryptocurrencies to protect against price swings and earn extra returns, STS Digital, a principal trader specializing in digital assets derivatives, told CoinDesk. “Our client base includes token projects and foundations, investors with large holdings, and asset management firms managing exposure ahead of liquidity events,”…
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Chennai, Veteran Indian sports journalist S Thyagarajan, who carved a niche for himself with his extensive coverage of hockey, died here on Monday after battling age-related ailments. He was 85. He is survived by his wife and two daughters. His cremation took place in Chennai on Monday. Thyagarajan, who covered six Olympics and nine Asian…
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BENGALURU: As India pushes to build a stronger domestic semiconductor industry, Bengaluru-based AGNIT Semiconductors has opened a new testing laboratory at the Indian Institute of Science (IISc), aiming to speed up the development of specialised chips used in telecommunications and defence systems.The startup, incubated at IISc, has invested Rs 3 crore in the 350 sqft…
Sebi on Friday proposed a comprehensive overhaul of the Foreign Portfolio Investor (FPI) framework, aiming to streamline registrations and introduce an abridged application option for related funds, even as the regulator seeks to ease compliance for global investors.In a consultation paper, the Securities and Exchange Board of India said the move is intended to enhance…
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Retail diesel prices in the United States soared past $5 a gallon, reaching a milestone seen only once before, according to GasBuddy, the fuel markets tracker. Economists warn that the surge could slow global economic activity. Diesel is essential for freight and manufacturing, and rising fuel costs are likely to push up the price of…
