Crypto-linked equities are nearing a bottom heading into first-quarter earnings, according to Wall Street broker Bernstein, which said the sector’s roughly 60% drawdown from 2025 highs has created “big businesses at big discounts.” “The combination of geopolitics and temporary crypto weak sentiment is offering big discounts on crypto stocks,” analysts led by Gautam Chhugani said…
MUMBAI : As the stock and the forex market witnessed huge volatility on Monday, the benchmark yield on 10-year govt securities (G-Secs) jumped to close fiscal 2025-26 (FY26) above the 7 per cent mark, a level not seen since July 2024. During March, the benchmark yields rose 37 basis points (100 basis points = 1…
NEW DELHI : Bharti Airtel on Monday announced an investment of $1 billion by Alpha Wave Global, Carlyle and Anchorage Capital, through their affiliates, in Nxtra Data, the telecom company’s subsidiary in the data centre business.Airtel will also participate in the round as part of Nxtra’s efforts to expand its network across the country and…
NEW DELHI: In a rare show of seamless synergy, all three services of the armed forces jointly conducted Dweep Shakti, a high-intensity Tri-Service exercise, between March 24 and March 28 to validate integrated capability for rapid response along the coastal and island defence operations.During the joint exercise, the triservices executed coordinated amphibious assaults, maritime dominance…
NEW DELHI : The country’s industrial output growth accelerated in Feb, led by a recovery in the manufacturing sector, but the West Asia conflict is expected to weigh heavily on the crucial sector in the months ahead.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production rose 5.2 per…
NEW DELHI: WTO member nations failed to agree to any meaningful outcome at the second ministerial meeting in Africa, including their inability to extend the 28-year moratorium on e-commerce, opening the doors for possible tariffs on digital downloads and streaming services.It also resulted in a public health concern as the freeze on “non-violation complaints” (NVCs)…
NEW DELHI: The government on Monday said that 10 foreign-flagged ships carrying energy products and bound for India are presently stranded in the Persian Gulf. This is in addition to 18 Indian vessels that are currently in that region.Responding to a question, Rajesh Sinha, special secretary of the shipping ministry, said three of the foreign-flagged…
The teetering bond market received some good news on Monday, but it wasn’t enough to offset a continued surge in oil prices, which sent U.S. stocks lower and crypto giving up most of its gains. Speaking at Harvard University, Federal Reserve Chairman Jerome Powell said the U.S. central bank — for the moment — is looking…
A week of “maximum uncertainty” should deliver a key opportunity for investors, according to Evercore ISI’s Julian Emanuel. “We’re getting towards an inflection point where we would want to commit capital here,” the firm’s managing director said Monday on CNBC’s ” Fast Money .” Emanuel pinpoints next Monday, April 6, the day President Donald Trump…
NEW DELHI: An Indian national was killed in an attack on a power and water desalination plant in Kuwait, taking the toll of Indians killed in the ongoing war in West Asia to eight.“Embassy of India in Kuwait expresses its condolences at the tragic demise of an Indian national due to an attack on a…
