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U.S. inflation data is the major catalyst to watch this week, as it could move the needle on market sentiment and Federal Reserve interest-rate expectations. The war in the Middle East and other geopolitical risks have kept commodity markets volatile, with bitcoin BTC$68,153.83 last week failing to remain above the $70,000 mark. The U.S.-Israel conflict…
By Omkar Godbole (All times ET unless indicated otherwise) A new Bitcoin Improvement Proposal, BIP-110, which seeks to curb spam-like data clogging the blockchain, is facing backlash from some industry leaders who argue it risks damaging the network’s reputation more than the spam itself. BIP-110 is a “soft fork,” a type of upgrade that works…
Precious metal prices may stabilise and witness a mild recovery next week after a steep correction, although the upside could remain capped due to elevated interest rates and a firm US dollar, analysts said.Market participants are expected to track key macroeconomic indicators, including provisional manufacturing and services PMI readings from the US, UK and Japan,…
Kerala chief minister Pinarayi Vijayan condemned his Assam counterpart Himanta Biswa Sarma’s “point-blank” video, terming it “communal hate mongering”. However, it was only weeks ago when he himself remained at the center of a controversy for supporting a communal statement in his state.Kerala’s Left has, for decades, projected itself as an ideological outlier in Indian…
With Bitcoin now in its fourth quadrennial halving, other decentralized projects have adopted similar supply-cut cycles — and Bittensor is approaching its first since launching in 2021. Bittensor, a decentralized, open-source machine-learning network built around specialized “subnets” that incentivize marketplaces for AI services, is expected to undergo its inaugural halving on or around Dec. 14….
Rahul Gandhi in Lok Sabha NEW DELHI: Leader of opposition Rahul Gandhi on Wednesday launched a sharp attack on the recently signed India-US trade agreement, claiming the deal was poorly negotiated and compromised country’s interests.Speaking in the Lok Sabha, the Congress leader laid out what he described as the approach INDIA bloc would have taken…
ANAKAPLLI: Billionaire steel magnate Lakshmi Mittal on Monday launched his most ambitious greenfield project in India, breaking ground on a new steel plant in Andhra Pradesh. ArcelorMittal, where Mittal serves as chairman, will invest over Rs 70,000 crore to build an 8.2 million-tonne steel facility in Anakapalli.The move signals a renewed push into India, where…
Asian share markets traded in green on Wednesday, as investors balanced about weak US consumer data and about concerns about American economy. Hong Kong’s HSI added 97 points or 0.36% to reach 27,280 at 9:30 am IST. Kospi also inched higher, up 46 points to 5,348. Japan’s Nikkei also extended its rally, adding 2.28% 1,286…
Stray dogs issue: Activists, citizens protest at Delhi’s Jantar Mantar NEW DELHI: The Supreme Court on Tuesday continued hearing the case on stray dogs, warning that states will likely pay a compensation for ‘not doing anything’ for every bite that leads to death or injury to either children or the elderly.The apex court also asked…
