Omar Marques | Lightrocket | Getty Images Robinhood shares are heading for a brutal weekly loss as the once-red-hot trades in bitcoin and AI stocks that powered its growth lose momentum. The popular brokerage platform slipped more than 3% Friday, extending a punishing decline. The stock tumbled 10.1% in the prior session and is now…
NEW DELHI: Prime Minister Narendra Modi on Wednesday held a telephonic exchange with Crown Prince of Kuwait Sheikh Al-Khaled and conveyed his greetings on Eid.During the conversation, PM Modi also condemned the attacks on Kuwait amid the ongoing conflict between joint forces of the US & Israel and Iran. Watch ‘Hormuz Remains Our Foremost Priority’:…
India has identified close to 300 products across engineering goods, pharmaceuticals, agriculture and chemicals that offer significant opportunities for Indian exporters to expand their presence in the Russian market, a senior official told PTI. The exercise comes as New Delhi and Moscow work towards the bilateral trade target of $100 billion by 2030.India currently exports…
In another attempt to make homebuying more affordable, President Donald Trump floated the idea of a 50-year mortgage in a social media post. In response, Federal Housing Finance Agency director Bill Pulte, who oversees Fannie Mae and Freddie Mac, posted that they are “working on it,” and that it would be, “a complete game-changer.” The…
Union Cabinet has approved changes to the foreign direct investment (FDI) policy governing investments from countries sharing land borders with India, including China, by amending Press Note 3 of 2020. Govt introduced a 60-day decision timeline for proposals in certain manufacturing sectors and clarifying rules around beneficial ownership.The decision, seeks to streamline investment approvals under…
More than a year into US President Donald Trump’s second term, his sweeping economic policy changes have produced a mixed outcome, with strong growth and a tech investment boom on one hand, but stalled job gains and persistent inflation concerns on the other.The uncertainty surrounding the US economic outlook has deepened further following last week’s…
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In the roads and highways segment, the government continues to prioritize the expansion and enhancement of the national highways network. By Sushi Shyamal VemuIndia’s infrastructure sector is experiencing a significant transformation, as major developers and Infrastructure Funds shift their focus from isolated project implementation to developing large-scale infrastructure platforms. This change is driven by increased…
The retail giant said a new Gemini integration reflects a broader shift from search-based shopping to AI systems that can act on a customer’s behalf. Source link
The lack of privacy for onchain transactions is one of the biggest hurdles to the mass adoption of cryptocurrencies for payments and a medium of exchange, according to Changpeng Zhao, co-founder of the Binance cryptocurrency exchange. The executive commonly known as “CZ” said the lack of privacy prevents businesses and institutions from paying expenses in…
