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The land of WhatsApp uncles and ubiquitous ‘Good morning’ messages has given the blockbuster messaging platform its next global head, with Meta Platforms elevating Cred founder Kunal Shah to a senior role at the Facebook parent.Meta is also investing $900 million (about Rs 8,550 crore) in Cred through a mix of primary and secondary share…
NEW DELHI: Aam Aadmi Party national convenor Arvind Kejriwal on Saturday criticised the Union government’s decision to use Air Force vehicles to transport NEET question papers, questioning whether the move would actually prevent leaks and accusing the government of putting on a “show.““Hume bewkoof samajh rakha hai,” Kejriwal said in a video message.“Air Force planes…
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NEW DELHI: Veteran leader P Chidambaram on Friday hit out at his own party’s government in Karnataka after home minsiter G Parameshwara’s called for demolition of structures constructed using money from drug peddling in the state.In a social media post on X, Chidambaram said that Congress is against “bulldozer justice” and asked the Karnataka government…
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As investors focus on the likely confirmation of a new Federal Reserve chair, Kevin Warsh, many may be overlooking the market that could have the more volatile reaction: bonds. Whenever there is a Fed transition, treasury yields, duration risk, and credit spreads usually move faster as the markets begin to reassess monetary policy. “What is…
Making a case for maintaining the status quo on interest rates, PwC Partner and Economic Advisory Services leader Ranen Banerjee said any rate cut at this stage would amount to “wasting a bullet” at a time when economic growth is robust and inflation remains benign.The Reserve Bank of India is unlikely to reduce the policy…
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The crypto market is teetering on the brink of a major breakdown in price after suffering one of its worst weeks since July 2024. Bitcoin BTC$61,875.23, currently trading around $62,500 has lost more 14.5% since midnight UTC on Monday morning, while ether (ETH) has plunged by more than 17%, dropping 5.5% on Friday alone. Ether,…
