Ethereum’s ether (ETH) is stealing the spotlight in Monday’s crypto rally, climbing to a six-week high as investor demand show signs of return to the second-largest digital asset after months of bruising declines. Ethereum’s native token, ETH, rose to above $2,300, gaining more than 10% over the past 24 hours. That easily outpaced bitcoin’s 3%…
Bitcoin BTC$90,327.54, the leading cryptocurrency by market value, is down following the overnight Fed rate cut. The reason likely lies in the Fed’s messaging, which has made traders less excited about future easing. The Fed on Wednesday cut the benchmark interest rate by 25 basis points to 3.25% as expected and announced it will begin…
NEW DELHI: Delhi University on Tuesday prohibited meetings, processions and protests on its campuses for one month, citing law and order concerns days after clashes erupted over the new equity guidelines issued by the University Grants Commission.The order was issued by the DU proctor following a face-off between student groups during a protest demanding implementation…
The United Nations on Tuesday warned of “significant risks” to global trade and development, including higher food prices and cost-of-living pressures, if the Strait of Hormuz remains closed amid the ongoing Middle East conflict. A report by the UN Conference on Trade and Development (UNCTAD) said the military escalation following US–Israeli strikes on Iran and…
Pudgy Penguins ran an animated display on the Las Vegas Sphere during Christmas week, projecting its penguin characters across the venue’s exterior screens. In a post on X, Pudgy Penguins said its animations went live on Christmas Eve on the exterior of the Las Vegas Sphere, a popular domed venue wrapped in high-resolution LED panels…
SoftBank-backed digital commerce ecosystem AceVector Ltd has filed updated draft red herring prospectus (UDRHP) with markets regulator Sebi for its proposed initial public offering, which includes a fresh issue of shares worth Rs 300 crore, according to PTI.The IPO will also feature an offer for sale (OFS) of 6.38 crore shares by existing shareholders. Promoter…
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The government has doubled IndiGo’s flight cuts to 10% following operational failures and crew norm non-compliance. This punitive action aims to stabilize the airline’s services and reduce passenger disruptions. IndiGo’s CEO was summoned to explain the mismanagement, with further reviews planned. Other airlines saw minor adjustments to their winter schedules. NEW DELHI: There will be…
Oil prices climbed further on Monday after the US administration signalled that the Middle East crisis may persist for several more weeks, raising concerns over prolonged disruptions to global energy supplies. Donald Trump also called on other countries to help secure the Strait of Hormuz — one of the world’s most crucial routes for oil…
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese robotaxi companies are expanding abroad at a faster clip than U.S. rivals Waymo and Tesla — at a time when industry leaders say autonomous driving is finally near an inflection point. “I…
