NEW YORK — Terraform Labs co-founder Do Kwon was sentenced to 15 years in prison on Wednesday for his role in a massive fraud that saw roughly $50 billion wiped from the crypto ecosystem over the course of just three days in May 2022. The sentence, handed down by District Judge Paul Engelmeyer of the…
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ICICI Prudential Asset Management Company on Monday set the price band for its much-awaited public issue, putting a valuation of about Rs 1.07 lakh crore on the fund house as it prepares to tap the capital markets later this week.The Rs 10,602-crore initial public offering will open for subscription on December 12 and close on…
After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent said Tuesday. The president has whittled down the field to four candidates to succeed current Chair Jerome Powell and a decision is forthcoming, Bessent told CNBC during an interview at…
Flight operations across several airports were disrupted on Wednesday morning after check-in systems unexpectedly stopped working, prompting airlines to fall back on manual procedures and slowing down departures. A source confirmed to PTI that a system outage affected airport check-in platforms simultaneously at multiple locations. The individual added that the disruption has already resulted in…
Workers roll up copper rods made from recycled copper at a metal melting facility in Yuexi County, central China’s Anhui Province, Friday, July 11, 2025. Feature China | Future Publishing | Getty Images Prices for metals fell sharply across the board Thursday as investors worried about the impact rising oil prices due to the U.S.-Iran…
Greg Abel, Warren Buffett’s chosen successor at Berkshire Hathaway, has issued his first annual letter to shareholders after taking over as chief executive in January, outlining his leadership approach while reaffirming continuity at the conglomerate, AP reported.The letter comes as Berkshire recorded a $4.5 billion write-down related to the value of its investments in Kraft…
Public sector banks will go on a nation-wide strike on Tuesday after the United Forum of Bank Unions (UFBU) has decided to go ahead with it to press for the immediate implementation of a five-day work week. This is likely to impact banking operations of public sector banks across the country. Here’s all you need…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting December 29, 2025) are Midwest, and Ambuja Cement. Let’s take a look: STOCK NAME CMP (Rs) TP (Rs.) UPSIDE (%) Midwest 1,690 2,000 18% Ambuja Cement 554 750 35% MidwestMidwest is…
Evening news wrap, Nov 27 Take a look at today’s important developments in politics, crime, sports and incidents around the world. BJP accused the Congress of using overseas-based social media accounts to influence narratives against Indian development. In Jammu, an extensive police crackdown against terror networks led them to nab a 19-year-old with suspected links…
