The Supreme Court of India on Monday declined to stay proceedings in a plea filed by Vedanta Limited challenging the approval of AdGroup’s resolution plan for the takeover of insolvent Jaiprakash Associates Limited.A Bench led by Chief Justice of India Surya Kant observed that since the appeal is likely to be decided shortly by the…
Bitmine (BMNR), the largest Ethereum treasury firm, bought 101,745 ether (ETH) last week as Chairman Thomas Lee said a new “crypto spring” is underway, even as market sentiment remains subdued. The purchase lifted the firm’s holdings to over 5.18 million ETH, roughly 4.29% of the token’s outstanding supply, according to a Monday update. Bitmine’s total…
A Satoshi-era Bitcoin whale has reawakened after nearly 14 years of dormancy, making a test transaction from its 2,100 Bitcoin stash worth nearly $148 million at current market prices. Data from mempool.space shows around $47 worth of Bitcoin (BTC) was transferred from wallet address “1NB3Z…QB6ZX” to a fresh address on Friday at 10:27am UTC. The…
KOLKATA: In a major relief to thousands of migrant workers, students and NRIs summoned for physical SIR hearings, Election Commission on Wednesday said relatives of electors who live outside Bengal can appear for hearings on their behalf.Hearings for 94.5 lakh voters with logical discrepancies, which will begin on Thursday, will have to be completed by…
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As the Middle East war has stretched beyond a month, energy prices have soared sharply, sending ripples across the globe. Iran’s chokehold of Strait of Hormuz has pushed fuel costs higher, hitting energy supplies for major economies. The impact is visible in multiple sectors in India, with higher costs of fuel and petrochemical products feeding…
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National and festival holidays are largely decided at the State level. Employers are expected to follow notified holiday lists. (AI image) Leave is often seen as a simple workplace benefit – an approved absence from work. In reality, it is one of the more structured and regulated aspects of employment in India. With the implementation…
The rupee extended its recovery on Friday, climbing 9 paise to 89.80 against the US dollar in early trade, ahead of the much awaited the Reserve Bank of India’s monetary policy announcement.The bounce back comes after a highly volatile week in the currency market, during which rupee repeatedly slipped to new lows.Earlier on Thursday, the…
NEW DELHI: Violent protests over alleged illegal non tribal settlement in Assam’s constitutionally protected Karbi Anglong hill region entered the third day on Wednesday, leaving two people dead, dozens injured, and prompting the state government to impose curfew-like restrictions and suspend mobile internet services in two districts.The violence erupted in West Karbi Anglong and adjoining…
