NEW DELHI: Renowned legal experts highlighted the Tenth Schedule’s inability to stop political defections when they acquire the scale of “merger” and said joining of BJP by seven AAP Rajya Sabha MPs led by Raghav Chadha would not fall foul of the anti-defection law, which approves two-thirds of a legislature party to break away and…
Oil price today: Oil prices inched higher on Thursday, once again swinging past the $100 mark after a sharp drop in the previous session. Brent crude rose by $1.13, or 1.1%, to $103.35 a barrel by 0051 GMT, while US West Texas Intermediate crude gained $1.08, or 1.2%, to $91.40 a barrel. The rebound follows…
AllUnity, a joint venture between DWS, Galaxy, and Flow Traders, has expanded its stablecoin lineup with a new token pegged to the Swiss franc, which has emerged as a haven darling for major banks and analysts. The BaFin-regulated e-money institute has unveiled CHFAU, which is backed 1:1 by Swiss franc reserves, in response to institutional…
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Bitcoin BTC$75,037.84 has climbed nearly 10% this month, but the rally is running into resistance near $75,000. The pause is notable as U.S. stocks push to record highs. On-chain data shows holders are selling into strength, helping explain the slowdown. It is evident from an on-chain indicator called realized profit/loss, which tracks the total dollar…
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Galaxy Digital (GLXY), the digital asset financial services firm founded by Mike Novogratz, said it recently contained a cybersecurity incident involving unauthorized access to an isolated development workspace, according to a statement from a company spokesperson. “An immaterial amount of company funds used for testing within the isolated development workspace was impacted,” the spokesperson said in…
NEW DELHI: Supreme Court on Friday refused to entertain a plea seeking its direction against hate speeches targeting the Brahmin community, which the petitioner had alleged was ‘Brahmophobia’.A bench of Justices B V Nagarathna and Ujjal Bhuyan said there should be no hate speeches against any community but declined to entertain the plea. “We don’t…
Warren Buffett, Greg Abel and Ajit Jain during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway, with new CEO Greg Abel in charge, has taken a formal step toward unwinding a rare misstep by Warren Buffett. The conglomerate, which owns GEICO insurance and BNSF Railway, registered its…
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