GUWAHATI: A possibly lone survivor among 22 people on board a truck that plunged into a gorge in a remote location of Arunachal Pradesh Monday night clambered out of the wreckage, climbed 200m and trudged nearly 4km to reach a BRO camp late Wednesday to report the tragedy almost 48 hours later.The victims – 19…
Prediction markets are gaining traction as a new growth area for Coinbase (COIN) and Robinhood (HOOD), as investors look beyond a weak first quarter for crypto trading and focus on future products, according to Cantor Fitzgerald analyst Ramsey El-Assal. El-Assal said “investors are increasingly treating the quarterly print as backward-looking,” with attention shifting to “forward-looking…
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HONG KONG — Financial regulators in Hong Kong are going to unveil a framework for trading platforms to offer perpetual contracts, the head of the region’s Securities and Futures Commission said Wednesday. Brokers in Hong Kong will soon be able to provide financing to clients backed by bitcoin BTC$67,668.26 and ether ETH$1,976.46 and platforms will…
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MUMBAI: Microfinance must now shift from basic access to delivering long-term income stability for borrowers and a clear pathway to formal credit, the RBI said. The central bank has warned that the sector’s recent regulatory freedom can become a liability if lenders do not uphold responsible conduct.Speaking at a microfinance industry network event during the…
US stocks opened higher on Friday, extending their record-setting rally as strong earnings and growing optimism around artificial intelligence outweighed concerns about inflation and the economic impact of the conflict involving Iran.The S&P 500 rose 0.4 per cent in morning trade, building on six consecutive gains and putting the benchmark index on track for a…
FILE – Nissan signage at Nissan headquarters in Yokohama, near Tokyo, on May 13, 2025. (AP Photo/Louise Delmotte, File) NEW DELHI: As it struggles to get sales and market share in India, Japanese automaker Nissan on Thursday said it will launch three new models in the country over the next 14-16 months, the first of…
