Dogecoin plunge below $0.13 is drawing institutional attention

Dogecoin lost a critical technical level after a sharp, high-volume selloff, signaling a change in short-term market structure and forcing traders to reassess near-term risk. News background Dogecoin declined 5.5% over the past 24 hours, falling from $0.1367 to $0.1291 as selling pressure intensified across the broader crypto market. The move came amid weaker risk…

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India-US trade deal: Exports may push New Delhi’s trade surplus with Washington to over $90 billion, says SBI report

India’s trade surplus with the United States could exceed $90 billion annually, according to a new report by SBI. This growth has been driven by rising exports and higher import potential. Indian exporters could boost their top 15 items’ exports to the US by $97 billion yearly, with total exports potentially crossing $100 billion annually…

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Rupee slide: RBI lets currency weaken amid outflows; focus shifts to curbing speculation

India’s central bank will allow the rupee to weaken as the country’s external position comes under strain from slowing dollar inflows, widening trade pressures and heavy foreign selling in domestic markets, according to sources cited by news agency Reuters. The Reserve Bank of India (RBI), which had been actively supporting the currency until last month…

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More trouble for IndiGo? After 5,000 flight cancellations, Competition Commission of India may launch antitrust probe

IndiGo, commanding approximately 65% of India’s domestic aviation sector, has cancelled over 5,000 flights this month. Fresh trouble for IndiGo? India’s largest airline by market share, IndiGo, may be in for more trouble after a week which saw thousands of flights being cancelled. India’s competition watchdog is considering launching an investigation into IndiGo to determine…

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Mont-de-Marsan: India joins France for ‘Garuda’ air exercise today; move to bolster strategic partnership | India News

NEW DELHI: India and France will on Sunday kick off the ‘Garuda’ air combat exercise at Mont-de-Marsan to enhance military interoperability and coordination and boost the strategic partnership between the two countries. The IAF has deployed six Sukhoi-30MKI fighter jets, backed by IL-78 mid-air refuelling and C-17 Globemaster-III strategic lift aircraft, for the eighth edition…

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Vigilance oversight: FinMin tells PSU banks, insurers to promptly flag adverse inputs on board-level executives; lapses raise concerns

The finance ministry has directed public sector banks and financial institutions, including insurance companies, to ensure prompt reporting of vigilance-related matters concerning whole-time directors (WTDs), citing repeated instances of delayed or incomplete disclosures, PTI reported.In an advisory issued by the Department of Financial Services (DFS) earlier this month, the ministry said adverse information about board-level…

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Institutional investors held firm through bitcoin’s downturn, Bitwise CIO Matt Hougan says

Institutional investors may be proving more resilient bitcoin holders than critics expected, according to Bitwise CIO Matt Hougan, who says ETF flow data suggests professional investors have largely held onto their positions during the crypto market’s steep decline. “The best evidence we have is in the ETF market,” Hougan said. “Bitcoin ETFs accumulated roughly $60…

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