Bitcoin fell 2.2% to $66,609 on Wednesday, giving back Tuesday’s gains after Trump’s primetime address to the nation promised to hit Iran “extremely hard” over the next two to three weeks rather than offering the de-escalation markets had priced in. Every major token in the top 10 dropped. Ether slid 2.2% to $2,056, BNB fell…
A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Moody’s Ratings on Monday downgraded a private credit fund run by KKR and Future Standard to junk amid rising bad loans and a string of weak earnings. The ratings firm lowered the debt ratings…
NEW DELHI: BJP on Saturday accused Congress of “betraying” women and slammed the party and its allies for celebrating the defeat of the Constitution amendment bill seeking to implement women’s reservation in Lok Sabha and assemblies with a 50% hike in Lok Sabha seats. “Congress smiled smugly, thumped desks and celebrated the crushing of the…
The Union Budget wishlist of mobile companies in India cite restrictions imposed by China to make their case. In its Budget recommendations India Cellular and Electronics Association (ICEA), seeks a customs duty reduction on mobile parts like microphones, printed circuit boards, and wearables, as well as tariff correction on capital goods and other components, to…
Check out the companies making headlines before the bell: Broadcom , Alphabet — Broadcom on Monday said it agreed to supply artificial intelligence chips for Google and signed an expanded deal with Anthropic to give the AI startup about 3.5 gigawatts worth of computing capacity from Google’s AI processors. Broadcom shares gained 3%, while Alphabet…
NEW DELHI: External affairs minister S Jaishankar will attend the funeral of Bangladesh’s former prime minister Begum Khaleda Zia in Dhaka tomorrow, the ministry if external affairs said on Tuesday.“The external affairs minister, Dr. S Jaishankar will represent the government and people of India at the funeral of Begum Khaleda Zia, former Prime Minister of…
US President Donald Trump on Wednesday addressed the World Economic Forum (WEF) at Davos in Switzerland, pitching the American growth story and calling it a miracle. Praising his administration, Trump spoke of how he believes the US has gone from being a ‘dead economy’ to the ‘hottest’ in the world in a year.“Today, after 12…
India’s IPO street is set to be crowded next weel, with fresh offerings opening for subscription and a long list of companies preparing to ring the opening bell on the stock exchanges. The primary market will see four new public issues with a combined size of about Rs 830 crore opening in the third week…
New Delhi: Japanese financial services giants are placing mega bets on India.Mitsubishi UFJ Financial Group is all set to pump in over $4.4 billion (around Rs 40,000 crore) to acquire an over 20% stake in Shriram Finance, with the deal likely to finalised on Friday. The transaction will be among the biggest in the financial…
DHAKA: A total of 32 prominent citizens and rights activists on Saturday condemned the planned killings, especially the killing of minorities, serial violence and the burning of houses in the country, stressing that the Prof Yunus-led interim govt is failing to prosecute the perpetrators of violence against the minorities. They demanded that those responsible for…
