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The Bretton Woods system of monetary management had established rules for commercial relations among the US, Canada, Western European nations, Australia and 44 other countries. NEW DELHI: Government on Saturday named academics Joram Aniya and R Balasubramaniam as new members of Niti Aayog as part of a revamp of the thinktank.PM Narendra Modi congratulated both…
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In Khardaha, Kalyan Chakraborti of the Bharatiya Janata Party won with 97,752 votes, defeating Devadeep Purohit of the All India Trinamool Congress (TMC), who secured 73,266 votes, by a margin of 24,486 votes.Khardaha is an assembly seat in North 24 Parganas district, West Bengal (No. 109). It forms part of the Dum Dum Lok Sabha…
NEW DELHI: India is considering sending naval ships to escort its vessels through the Strait of Hormuz amid the ongoing Middle East tensions, according to a report by The New York Times.The report said the move is being examined following requests from Indian shipowners seeking protection for commercial vessels navigating the strategic waterway.“India was also…
Morgan Stanley’s (MS) spot bitcoin exchange-traded fund (ETF), trading under the ticker MSBT, has drawn more than $100 million in inflows within its first week on the market, signaling strong early demand for the bank’s latest push into digital assets. The fund, which began trading on April 8, tracks the CoinDesk Bitcoin Benchmark 4 PM…
Michael Saylor, executive chairman of Strategy (MSTR), believes bitcoin likely bottomed in early February at $60,000. Speaking at a recent Mizuho event, Saylor reiterated his long-held view that bottoms aren’t necessarily about valuations but are driven by seller exhaustion, analysts Dan Dolev and Alexander Jenkins wrote. Trend reversals, he added, are driven more by capital…
The India–European Union free trade agreement (FTA), expected to be announced on January 27, is likely to lower costs and expand trade rather than harm domestic industry, the Global Trade Research Initiative (GTRI) said on Sunday.In FY2025, India–EU goods trade crossed $136 billion. GTRI said tariff reductions under the FTA would primarily reduce input costs,…
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