NEW DELHI: India’s third largest telecom operator Vodafone Idea (VI) is finally profitable. On Saturday, it reported a net profit of Rs 51,986 crore in March quarter — probably a record for any company — against a loss of Rs 7,168 crore in the corresponding period of 2025.This was thanks to a one-time accounting gain…
The government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade finance instruments, aimed at boosting India’s outbound shipments and strengthening export competitiveness.The initiatives form part of the Rs 25,060 crore export promotion mission, under which three of the 10 proposed components had already been rolled out in…
Stock market today: Benchmark equity indices snapped a three-day winning streak on Thursday, with the Sensex plunging over 1,200 points and the Nifty closing near the 25,450 mark amid a broad-based sell-off triggered by escalating geopolitical tensions between the US and Iran.The 30-share BSE Sensex tumbled 1,236.11 points, or 1.48 per cent, to settle at…
Lending platform Aave has raised about $160 million it needs to cover the $200 million in bad debt left behind by the year’s largest decentralized finance (DeFi) exploit, Arkham posted on X on Saturday. “AAVE have so far raised $160M to cover the bad debt from the Kelp DAO Exploit, at defiunited.eth,” the blockchain analytics…
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The asset manager’s base case assumes bitcoin gains traction as a settlement tool and reserve asset over the next 25 years. Source link
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NEW DELHI: Congress leader Rahul Gandhi on Saturday escalated his attack on the finalised India-US trade deal, claiming that the agreement would harm India’s cotton farmers and textile exporters.In a post on X, Rahul alleged that the government has walked into a “trap” that leaves millions of families staring into an “abyss of unemployment.”“18% Tariff…
