Today is a pivotal and dangerous moment for crypto. In my twelve years in this space, I have never seen the conditions we’re experiencing now, even in our most bearish cycles. Individually, these signals would be disconcerting. Together, they are signs of a major potential crisis. Whatever happened to calls for utility or onboarding the…
Delhi CM conducts surprise check at Aruna Asaf Ali hospital NEW DELHI: Delhi Chief Minister Rekha Gupta on Thursday conducted a surprise inspection of Aruna Asaf Ali hospital and took feedback on the services and availability of doctors in the facility.The chief minister instructed hospital administration to ensure medicines, drinking water, hygiene and maintain other…
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MUMBAI: A rally on Wall Street, rate cut hopes in the US and in India, and strong buying momentum by domestic funds all pushed the sensex above the 86k mark for the first time on Thursday morning. However, profit-taking at higher levels brought the index down from the intraday peak of 86,056 points to close…
The Middle East is on a boil and concerns are raising on what it might mean for India. New Delhi imports nearly 88% of its crude oil needs, so any disruption in global supplies can quickly push up its oil bill and fuel inflation. Fresh security concerns around the Strait of Hormuz have already driven…
NEW DELHI: Supreme Court on Friday allowed a plea of Vikas Yadav, convicted in the 2002 Nitish Katara murder case, to be released from prison on furlough. Yadav is serving a 25-year jail term without remission.A bench of Justices M M Sundresh and Vipul M Pancholi noted that Yadav has undergone 23 years of incarceration…
The parliamentary standing committee on transport, tourism and culture will summon airlines and aviation regulator DGCA next week over the IndiGo fiasco.Sources said the panel, headed by JDU’s Sanjay Kumar Jha, will hold the meeting on Dec 15 or 16 with all stakeholders. “We will examine all aspects of the developments that led to mass…
MUMBAI: Thanks to the war in West Asia and the ensuing oil price-led shock that the Indian economy is currently facing, top foreign brokerages and analysts have cut earnings estimates for India Inc as well as targets for Nifty by nearly 12%. They also warned that if the war continues for long and the oil…
NEW DELHI: In an unusual introspective remark, Chief Justice Surya Kant-led bench of the Supreme Court on Friday said on several occasions the apex court passes sweeping orders unmindful of India’s social ground realities and without understanding their adverse impact on the social fabric.When a bunch of petitions challenging the validity of the sedition provision…
India’s foreign exchange reserves rose by $2.362 billion to $703.308 billion in the week ended April 17, the Reserve Bank of India (RBI) said on Friday. This comes after the kitty had already gained $3.825 billion in the previous week, when the reserves stood at $700.946 billion.The reserves had earlier touched a record high of…
