DoubleLine Capital CEO Jeffrey Gundlach said markets are stuck in a holding pattern with few assets delivering meaningful returns, as he warned that stresses emerging in private credit could deepen if investors rush for liquidity. “It’s kind of a going nowhere market right now, sort of trendless. Almost nothing is up. Nothing is really down…
India’s foreign exchange reserves jumped by $6.295 billion to $696.988 billion during the week ended May 8, helped largely by a sharp rise in gold reserves, PTI reported citing Reserve Bank data released on Friday.The overall forex kitty had declined by $7.794 billion to $690.693 billion in the previous reporting week.India’s reserves had touched an…
Gulf countries like Saudi Arabia and the UAE import Australian sand because desert grains are too smooth for high-strength concrete/ Image: MyBayut Sending coals to Newcastle is a phrase from the early 16th century, describing the pointless act of bringing coal to a city that already had plenty. As ironic as it may seem, similar…
A post from Udi Wertheimer a few weeks ago made headlines across crypto media with a stark claim: the Lightning Network is “helplessly broken” in a post-quantum world, and its developers can do nothing about it. The headline traveled fast. For businesses that have built real payment infrastructure on Lightning or are evaluating it, the…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark Indies, opened in red on Friday on lacklustre global and domestic cues. While Nifty50 was just above 26,100, BSE Sensex was down over 140 points. At 9:16 AM, Nifty50 was trading at 26,101.30, down 41 points or 0.16%. BSE…
After an active morning, bitcoin BTC$87,516.47 stayed largely flat in the $87,500 area in U.S. afternoon trade, holding gains around the 2% over the past 24 hours. Altcoins, including ether ETH$2,952.18, XRP$1.9280 and solana SOL$128.54 showed similar upside action. Crypto-related stocks were also seeing bounces after Monday’s plunge, including a 3% gain for Strategy (MSTR)…
Puducherry assembly election results 2026 NEW DELHI: The Secular Progressive Alliance (SPA) of Congress and DMK is set to fell short in its bid to form the government in Puducherry, as counting for the April 9 assembly elections was held on Monday. Despite a record voter turnout of 89.87% across the Union territory’s 30 constituencies,…
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NEW DELHI: Three minor sisters, who died after jumping from the balcony of their ninth-floor flat in Ghaziabad on Wednesday, had not attended school for the past two to three years.The sisters—Nishika (16), Prachi (14), and Pakhi (12)—were after failing academically, which made them feel embarrassed and increasingly withdrawn. The eldest sister was reportedly a…
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