NEW DELHI: Deendayal Port in Kandla is set to receive 22 vessels over the next three days, including some foreign-flagged Gulf-bound ships, which are unable to head to the conflict-hit region. Ships that are destined for West Asian countries can use this as a transhipment port to drop the cargo. TOI has learnt that the…
The ongoing Supreme Court trial on US President Donald Trump’s use of emergency powers to impose global tariffs has left companies, customs brokers and trade lawyers preparing for a potentially prolonged battle over refunds that could total close to $150 billion. The court is expected to issue rulings on Friday, though it has not specified…
The number of ATMs in the country declined as people shifted digital payments. The e-payments network reduced customers’ need for cash withdrawals, even as bank branches continued to expand, a Reserve Bank of India (RBI) report said.Private banks led the contraction, cutting their ATM network to 77,117 from 79,884, while public sector banks reduced their…
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S Jaishankar, Abbas Araghchi (File photos) External Affairs Minister S Jaishankar on Saturday greeted his Iranian counterpart Abbas Araghchi, and discussed the ongoing conflict in West Asia.In a post on X, Jaishankar said, “Spoke this evening to FM Araghchi of Iran. Conveyed greetings for Navroz and Eid. Our conversation was on the latest developments regarding…
Every revolution eventually becomes the establishment. What began as crypto’s peer-to-peer challenge to the global financial order is rapidly being absorbed into the traditional fold, trading its anti-elite soul for the legitimacy of spot ETFs, institutional custody and the same banking frameworks it was built to bypass. This is a familiar arc. Throughout history, every…
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Goldman Sachs initiated its coverage of PhysicsWallah with a neutral rating and a target price of Rs 135. Analysts said the company is one of India’s largest edtech platforms, with a broadly equal mix of revenues from online and offline segments. They forecast a 24% compounded annual growth rate (CAGR) of revenue for FY25-FY30 (vs…
Crypto markets might look calmer after October’s leverage wipeout, but under the surface, liquidity remains absent. Data from CoinDesk Research shows that order-book depth across major centralized exchanges remains structurally lower, suggesting a more cautious market-making environment heading into year-end. This environment paves the way for thinner markets and sharper moves, increasing the likelihood that…
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