Crypto markets were hit with a fresh wave of forced liquidations early Monday as nearly $646 million in leveraged positions were wiped out across major exchanges, adding to the month’s bruising close and extending losses in bitcoin, ether and large-cap altcoins. Coinglass data shows longs made up almost 90% of the total, with the largest…
NEW DELHI: Amid concerns over the impact of Iran war on India’s energy supply, PM Narendra Modi said on Thursday his govt is sparing no effort to minimise its fallout on citizens and accused opposition parties of fear-mongering to push their agenda at the of cost national interest.He said no country is untouched by this…
Danish firm Novo Nordisk expects India’s obesity therapy market to evolve rapidly, saying its recent Wegovy (injectable semaglutide) price cut could lift patient uptake five-to-seven-fold, echoing its insulin experience. This comes even as lower-priced generics loom, with a rival drugmaker, Eli Lilly & Co, also eyeing a share of one of the fastest-growing therapy segments.“Our…
Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to the exchange’s collapse, the SEC said in a litigation notice on Friday. As former CEO Sam Bankman-Fried continues his federal prison sentence on his…
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NEW DELHI: In a significant development in the blockbuster weight loss drug space, Delhi High Court has allowed Dr Reddy’s Labs to manufacture and export semaglutide, ruling that the patent held by Novo Nordisk is prima facie invalid, legal experts told TOI.The move is expected to boost confidence among domestic companies to pursue plans to…
On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase. Source link
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NEW DELHI: Disability pension to a military officer suffering from blood pressure issues cannot be denied merely by terming primary hypertension a lifestyle disorder, Delhi high court has observed, rejecting the Union govt’s challenge to an Armed Forces Tribunal (AFT) order that upheld a retired IAF officer’s entitlement.“It must be noted that lifestyle varies from…
