A coordinated global effort to stabilise volatile energy markets gathered pace on Wednesday after the International Energy Agency (IEA) agreed to release the largest volume of emergency oil reserves in its history amid escalating tensions in the Middle East.According to an AP report, the Paris-based agency will make 400 million barrels available from members’ strategic…
By Omkar Godbole (All times ET unless indicated otherwise) Move over crypto-USD pairs. As bitcoin BTC$92,650.75 and the broader market consolidate on recent gains, this may be the ideal time to focus on cross pairs, especially the ether-bitcoin (ETH/BTC) ratio. Ether ETH$3,165.61 has gained more than 4% over the past 24 hours, approaching $3,200, while…
The Reserve Bank of India cancelled the banking licence of Paytm Payments Bank Limited, on Friday, ceasing its operations as a bank, effective from April 24. “The Reserve Bank of India (RBI) has cancelled the banking licence issued to Paytm Payments Bank Limited under Section 22(4) of the Banking Regulation Act, 1949 (‘BR Act’) effective…
BlackRock is close to launching a bitcoin fund that pays an income. The world’s largest asset manager filed its fourth amendment for the iShares Bitcoin Premium Income ETF on Tuesday, according to its SEC filing. The fund will trade on Nasdaq under the ticker BITA. The income comes from options. The fund holds bitcoin and…
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Chinese Foreign Minister Wang Yi (R) and Venezuela’s Foreign Minister Yvan Gil shake hands before their meeting at the Diaoyutai State Guesthouse in Beijing on May 12, 2025. FLORENCE LO / POOL / AFP BEIJING — Even as China eyes new opportunities to build global influence in the wake of the U.S. attack on Venezuela,…
JAMMU: A 47-year-old GRP constable was injured when his service weapon went off accidentally in Kathua district of Jammu and Kashmir Saturday night, officials said.“The constable, identified as Dinesh Kumar, was injured in the shoulder in the incident that took place while he was on duty at Kathua railway station late Saturday night,” officials said.Kumar…
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NEW DELHI: Congress leader and former Union minister P Chidambaram on Sunday slammed the Centre’s decision to convene Parliament just days ahead of polling for the assembly elections in Tamil Nadu and West Bengal.In a social media post, Chidambaram termed the Centre’s proposal “mischievous” and alleged that it was designed to exclude MPs from the…
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