Global crude prices edged lower on Friday after a continued surge, as statements from US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu helped ease market concerns over further escalation in energy infrastructure attacks.Brent crude slipped toward $107 a barrel after its highest close since July 2022, while West Texas Intermediate (WTI) for May…
The weaker dollar is failing to spur bitcoin’s BTC$87,798.68 usual rally, and J.P. Morgan Private Bank explains the unexpected behavior as a window into the nature of the U.S. currency’s decline. The Dollar Index (DXY), which measures the greenback against a basket of peers, has dropped 10% in the past year. Bitcoin, which historically gains…
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NEW DELHI: Vikram K Doraiswami has been appointed as India’s next Ambassador to the People’s Republic of China, the ministry of external affairs (MEA) announced on Thursday. Doraiswami, a 1992-batch Indian Foreign Service officer, is currently serving as India’s High Commissioner to the United Kingdom. According to the MEA, he is “expected to take up…
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NEW DELHI: External affairs minister S Jaishankar met a three-member US Congressional delegation along with US ambassador to India Sergio Gor. He later said in a post on X he had a good interaction with the delegation and discussed various aspects of India-US ties, along with the Indo-Pacific and Ukraine conflict.“Congressional interactions have always been…
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The Income tax department (ITD) on Thursday said the recent communications sent to some taxpayers regarding their transactions are advisory in nature and aimed at facilitating voluntary compliance, not initiating enforcement action.In a post on X, the department said the messages were issued only in cases where there is an apparent significant gap between disclosures…
