File photo (Picture credit: AP) Asian markets started the week on a weak note, with investors turning cautious amid fading expectations of a US rate cut and rising concerns over stretched tech valuations. The uncertain mood also spilled over into cryptocurrencies, with bitcoin briefly dipping below its end-2023 level.As per news agency AFP, traders are…
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$95,246.19 has gone the “Strategy (MSTR)-way”, falling below a key support to shatter the memory traders had of this level as a reliable bounce zone. The leading cryptocurrency by market value fell nearly 10% in the seven days to…
Market experts maintain a positive outlook for Indian equities, supported by declining retail inflation and favourable corporate earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Monday. While Nifty50 was above 25,900, BSE Sensex crossed 84,600. At 9:16 AM, Nifty50 was trading at…
NEW DELHI: More than 40 Indian Umrah pilgrims are feared dead after a passenger bus collided with a diesel tanker in Saudi Arabia early Monday, according to initial reports from local sources. Many of the victims are believed to be from Hyderabad.However, Telangana Haj Committee said that, “42 pilgrims, lost their lives.”24×7 helpline number (toll…
MUMBAI: Blame it on quick commerce that’s made Indians used to getting groceries and a host of other products including make-up, light jewellery items and occasionally even iPhones in 10 minutes, consumers now want their food to get delivered faster unless it’s a gourmet recipe or something they want to have at leisure. They would…
Tom Lee — executive chairman of BitMine Immersion Technologies (BMNR), head of research at Fundstrat Global Advisors and chief investment officer at Fundstrat Capital — said in a post on X that ether is “embarking on that same supercycle” that produced a 100x gain in bitcoin since his 2017 client recommendation. He noted bitcoin endured…
NEW DELHI: The smallest member of Mahagathbandhan in Bihar has made its presence felt in an otherwise trainwreck of an election for the opposition. In a state crowded with sub-regional satraps who are identified with their castes, I P Gupta of Indian Inclusive Party has come into the limelight by successfully mobilising members of castes…
BEIJING — Alibaba is helping the Chinese military to target the U.S., according to a White House memo, the Financial Times reported Friday. The memo alleged “Alibaba provides tech support for Chinese military ‘operations’ against targets in the U.S.,” according to the FT. The FT said it could not independently verify the claims, and did…
CHAMPIONS OF CONTINUITY: Ashok Vaswani Uday Kotak Kotak Mahindra Bank’s MD & CEO (L) with founder ‘Over 40 Yrs, Capital Discipline Has Shaped Us… Two Years After I Stepped Down, The Institution Has Managed The Transition & Is Thriving With Leaders Like Ashok Vaswani’Two years after stepping down as Kotak Mahindra Bank’s CEO, Uday Kotak…
Representative image (Picture credit: AP) The Federal Aviation Administration will lift all flight-reduction orders at 40 major airports from Monday, allowing airlines to return to normal operations after weeks of shutdown-triggered disruptions.In a joint statement, transportation secretary Sean Duffy and FAA administrator Bryan Bedford said regular schedules can resume from 6 am EST on Monday….
