Crypto markets suffered major whipsaw action in morning U.S. trade, with bitcoin BTC$87,390.00 in the space of a few minutes rallying from around $87,000 to above $90,000 and then back to the $87,000 area. The largest crypto was recently trading at $87,300, down by 0.5% over the past 24 hours after being higher by more…
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Bitcoin’s sharp decline — nearly 50% from its all-time highs reached just months ago — has reignited debate over the cryptocurrency’s stability, but hedge fund veteran Gary Bode says the selloff is a feature of the asset’s inherent volatility rather than a sign of a broader crisis. In a post on X, Bode noted that…
The latest trend reflects a new phase in the restructuring of India’s IT services industry, which is valued at over $315 billion. (AI image) Silent layoffs and job cuts are becoming the new norm in India’s technology and software services industry. As a result, as many as 35,000 jobs could be cut during the current…
India’s merchandise trade deficit widened sharply to $28.38 billion in April as imports rose 10 per cent year-on-year despite a steep decline in inbound shipments from Middle East amid continuing geopolitical disruptions.Government data released on Friday showed India’s imports increased to $71.94 billion in April from $65.38 billion in the year-ago period, while exports stood…
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India’s stock market has become one of the calmest in the world – so calm that it’s prompting a rethink of strategies among players in the country’s vast derivatives space.Despite geopolitical flare ups and a recent global selloff in risk assets, Nifty has barely budged for months as domestic money overwhelms foreign flows and derivatives…
A new ruling freezes a state cease-and-desist order while the court considers whether Kalshi’s CFTC-regulated platform is shielded from state gambling laws. Source link
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NEW DELHI: Amid ongoing speculation of an alliance ahead of the BMC polls, Maharashtra deputy chief minister Ajit Pawar on Friday met NCP (SP) leader Azam Pansare in Pimpri-Chinchwad.Talking to reporters after the meeting, Pansare said that the NCP (SP) “wishes” to have an alliance with Ajit Pawar’s faction.“Ajit Pawar came to meet me after…
