Bitcoin BTC$87,232.70 traders are increasingly taking defensive positions, bracing for a potential price drop below $80,000 in the new year. “Skew’s sharp step lower shows traders stacking puts, especially into the December 26 expiry, where open interest has concentrated at the $84K and $80K strikes,” Nick Forster, co-founder of Derive, said in a market note….
HSBC has a buy on GAIL with the target price at Rs 235. Analysts said that the Petroleum and Natural Gas Regulator Board (PNGRB) issued an interim order increasing pipeline tariff by 12% against GAIL’s demand for 33%, with the final order deferred to 2028. While this order disappointed investors in near term, analysts believe…
NEW DELHI: With demand continuing to be strong post the festive season, leading automakers – Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Hyundai and Toyota Kirloskar – saw robust growth in sales in Nov as compared to the same month last year. Maruti Suzuki India reported the best-ever total sales, including exports, last month at…
NEW DELHI: What if spotting a cluster of fevers or sudden diarrhoea cases in your neighbourhood could help stop an outbreak? A new nationwide system launched by the National Centre for Disease Control (NCDC) is now making that possible — by turning ordinary citizens into the country’s earliest disease sentinels.At the heart of the system…
MUMBAI: Amazon India, a late entrant to the quick commerce space, is speeding up expansion of its 10-minute delivery service after rivals Zepto and Swiggy’s Instamart (they are bigger in terms of quick commerce growth, share and reach) lined up new funding to grow market share in the cash-guzzling sector. In Oct, Zepto bagged $450…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Tether is back in the spotlight as traders revisit a familiar question:…
NEW DELHI: Union finance minister Nirmala Sitharaman on Monday said her ministry does not issue advisory or directions to LIC regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs.India’s largest insurer has, over the years, made investment decisions across companies based on…
NEW DELHI: The deep differences in the Indian car industry over proposed relaxations in CO2 emissions limits in the new CAFE norms, which are to kick in from April 2027, are out in open with Maruti Suzuki, seen to be a major gainer, accusing “makers of some large gas guzzlers” of spreading “false narratives… (and)…
MUMBAI: India’s current account deficit narrowed to $ 12.3 billion, or 1.3% of GDP, in the Sept quarter, improving sharply from $20.8 billion, or 2.2% of GDP, a year earlier. The deficit, however, deteriorated quarter-on-quarter from $2.4 billion, or 0.2% of GDP, recorded in the June quarter. For the first half of FY26, the gap…
With former Bangladesh PM Khaleda Zia reported to be in a very critical condition, PM Narendra Modi expressed concerns about her failing health and offered all possible assistance to her. Modi’s gesture is significant as Zia has had a troubled past with India in contrast to her rival Sheikh Hasina’s warm and friendly ties with…
