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NEW DELHI: As the results of the 2026 assembly elections began to emerge, a familiar tune returned to Indian politics. Not loud or unexpected, but recognisable. Something that has been building since the 2024 Lok Sabha verdict. Each election has followed a similar rhythm. The BJP has consistently (from Harayana to Maharashtra and now, Assam)…
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Payward, the parent company of crypto exchange Kraken, has accused former custody partner Etana and its CEO, Dion Brandon Russell, of misappropriating more than $25 million in client funds, according to a second amended complaint filed in the U.S. District Court in Colorado on Monday. The crypto exchange alleges that Etana Custody, which is undergoing…
Bernstein has a market perform rating on Kotak Bank with the target price at Rs 500. Analysts said Kotak Bank closed FY26 on a strong note, with a beat across most operating metrics. The lender’s net interest margin expanded about 13 basis points (100 basis points = 1 percentage point) on the quarter (QoQ), the…
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Europe’s largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, missing analysts’ estimates on the back of higher expected credit losses and other impairment charges. HSBC’s revenue gained 6%, year on year, exceeding estimates, on stronger wealth fee and other income. Here are HSBC’s first-quarter results compared with the consensus estimates compiled by the…
Rupee tumbled to a record low of 95.40 against US dollar in early trade on Tuesday, falling another 17 paise after already ending the previous session at its weakest-ever closing mark. Previously on Monday, the currency had declined sharply by 39 paise to close at 95.23 against the greenback.This comes as global uncertainty continues to…
