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Crypto crash: Bitcoin sinks below $82k; tech slump spills into crypto markets-here’s what analysts say

Bitcoin and ether tumbled to multi-month lows on Friday as investors pulled back from riskier assets amid concerns over stretched tech valuations and fading expectations of near-term US rate cuts, Reuters reported. Bitcoin, the world’s largest cryptocurrency, dropped 5.5% to a seven-month low of $81,668, while ether slid more than 6% to $2,661.37, hitting a…

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Leela Palaces: Leela acquires luxury resort in Coorg, to open property later this year

NEW DELHI: Leela Palaces, Hotels and Resorts Tuesday announced the acquisition of an ultra-luxury resort in Coorg. marking the brand’s entry into immersive, nature-led and wellness anchored hospitality. The 71 all-villa property, set within 76 acres of lush landscape near Madikeri, will open as The Leela Coorg Forest Sanctuary later this year.With the addition of…

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From buying less gold to cashing in old reserves: How bullion industry plans to cut India’s import bill

As rupee continues to breach multiple record lows, pressure on India’s balance of payments is growing. To protect foreign exchange reserves and help stabilise trade balance, Prime Minister Narendra Modi has urged people to cut down on gold purchases.But if not buying new gold, could household gold be turned into working capital instead?PM Modi’s call…

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Nine new Amrit Bharat Express trains soon! Indian railways announces routes — check list and features

Get ready for new Amrit Bharat Express trains! Railway minister Ashwini Vaishnaw recently announced nine new Amrit Bharat Express trains, expanding the network of long-distance passenger services across the country. The upcoming trains will connect West Bengal and Assam with Bihar, Uttar Pradesh, Karnataka, Tamil Nadu and Maharashtra, strengthening inter-state rail links. Since the launch…

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