South Koreans moved more than 160 trillion won ($110 billion) from local crypto exchanges to foreign platforms last year due regulatory restrictions in the country, one of Asia’s most active digital asset markets, a joint Coingecko and Tiger Research report revealed Friday. The regulatory framework has been slow to evolve. In December, the long-awaited Digital…
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Shares of Nvidia surged to a record high on Friday, pushing its market capitalisation past $5 trillion for the first time since October, as investor enthusiasm for artificial intelligence chips gathered pace ahead of key earnings from major tech firms.The stock climbed 4.3% to close at $208.27, marking a strong comeback after a weak start…
Finance Commission submits report to President Murmu (Photo credit- PTI ) The 16th Finance Commission has recommended retaining states’ share in the divisible pool of central taxes at 41 per cent, while pitching for outcome-based spending, greater transparency in tax devolution data and stronger fiscal discipline at the state level. The panel said there is…
NEW DELHI: The cabinet on Wednesday cleared the ‘25,000-cr Export Promotion Mission and ‘20,000 cr additional collateral-free credit to support exporters grappling with global trade uncertainty. Priority support is being given to sectors such as textiles, leather, gems and jewelry, engineering goods, and marine products hit by US tariffs. The mission, which was announced in…
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APT$1.6893 posted rose in the past 24 hours, advancing 1.3% to $1.73. The token maintained tight correlation with broader crypto markets throughout the period, according to CoinDesk Research’s technical analysis model. The model showed that volume patterns revealed underlying institutional accumulation. Price action accelerated during the end of the period as APT pierced previous resistance…
Industry leaders in the electronics sector have urged the Indian government to allow joint venture proposals with Chinese companies under the automatic route, while limiting their equity share to a maximum of 26%, sources said.Documents reviewed by ET show that multiple industry associations, including the Confederation of Indian Industry (CII) and the India Electronics &…
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