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India’s merchandise exports declined 7.44% year-on-year to $38.92 billion in March as disruptions in key trade routes amid the Middle East conflict weighed on outbound shipments.Imports also fell 6.51% to $59.59 billion from $63.75 billion in the year-ago period, reflecting the impact of tensions affecting routes such as the Strait of Hormuz, according to government…
CEC Gyanesh Kumar and Mamata Banerjee (File photo) NEW DELHI: West Bengal chief minister Mamata Banerjee on Saturday wrote to Chief Election Commissioner (CEC) Gyanesh Kumar, criticising the “procedural violations” and “administrative lapses” in the Special Intensive Revision (SIR), which is currently under way in the poll-bound state.Mamata Banerjee called the exercise “unplanned, arbitrary and…
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Shares of Coreweave (CRWV) fell 8% on Monday after the AI infrastructure company announced plans to borrow $2 billion from investors by issuing debt that can be turned into common stock. The convertible debt offering could rise to $2.3 billion if the $300 million underwriter greenshoe option is exercised in full. While pricing hasn’t yet…
The proposed $100,000 fee for fresh H-1B workers by Trump could severely impact IT outsourcing and staffing sectors. (AI image) US President Donald Trump’s crackdown on immigration and H-1B visas will hit Indian IT firms, particularly Tata Consultancy Services (TCS) and Infosys, analysis suggests. According to a Bloomberg News study, the impact would be particularly…
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Bitcoin whales began repeating a classic bull signal as they took BTC long positions off the table after a year of declining overall market exposure. Bitcoin (BTC) whales are “aggressively” reducing long exposure as a classic bull signal reappears. Key points: Bitfinex whales are rotating out of BTC long positions — something that preceded major…
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