Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Kraken confidentially filed to go public in the U.S., a person familiar with the matter told CNBC on Wednesday. A Kraken spokesperson declined to comment on the timing of its plans. Kraken is the latest crypto company to attempt…
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MUMBAI: Reliance Consumer Products (RCPL) has forayed into the petcare market with its brand Waggies that will offer pet food at an affordable pricing, stepping up competition against players such as the local units of Mars Petcare, Nestle and Godrej Consumer Products. RCPL is eyeing consumers in a market that is still nascent but growing…
NEW DELHI: Amitabh Kant, India’s former sherpa to G20, has said the country needs to fire on all cylinders to reach the goal of a $30 trillion economy. “If we want to create an employable population, it is very critical to focus on improving health outcomes and nutrition standards as we-ll. If we want to…
Creditors of Jaiprakash Associates have unanimously voted in favour of Gautam Adabi-led Adani Enterprises’ resolution plan, choosing it over Vedanta despite the latter placing the highest overall bid in a September e-auction, people familiar with the discussions told ET.Jaiprakash Associates (JAL), which owes lenders Rs 55,000 crore, was admitted into insolvency proceedings in June last…
In October, China, India and Turkey collectively received about 90% of Russia’s crude exports. (AI image) US President Donald Trump’s sanctions on two of Russia’s major oil firms have finally hit the crude supply to India. As per latest data, the shipments of Russia’s crude oil have dropped drastically by 66% in November, as refineries…
Air India has approached the Indian government to request access to restricted military airspace in China’s Xinjiang region to shorten international flight paths, according to a Reuters report quoting an internal company document. The move comes as the airline struggles with higher operational costs following Pakistan’s closure of its airspace to Indian carriers.The appeal, submitted…
Gold prices recovered in Wednesday’s futures trade after three straight sessions of losses, as traders engaged in value buying ahead of the release of the US Federal Reserve’s meeting minutes.On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February…
Gold prices have been breaking records this year, and wealthy investors and family offices are now looking for ways to earn returns on their bullion. Instead of keeping gold bars locked in vaults, more of them are leasing their metal to refiners, jewelers, and fabricators to earn interest — a major shift for an asset…
The latest dispute between Japan and China has now entered the trade sphere, with Tokyo media reporting that Beijing is planning to halt Japanese seafood imports. However the reports, which emerged on Wednesday and were widely carried by outlets, still remain unconfirmed by governments of both the countries as the diplomatic row deepens.Reports from Tokyo…
