Crypto crash: Bitcoin sinks below $82k; tech slump spills into crypto markets-here’s what analysts say

Bitcoin and ether tumbled to multi-month lows on Friday as investors pulled back from riskier assets amid concerns over stretched tech valuations and fading expectations of near-term US rate cuts, Reuters reported. Bitcoin, the world’s largest cryptocurrency, dropped 5.5% to a seven-month low of $81,668, while ether slid more than 6% to $2,661.37, hitting a…

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Coforge-Encora deal: IT firm to acquire AI player Encora for $2.35 bn; PE investors to hold one-fifth stake

IT services firm Coforge on Friday announced the acquisition of Silicon Valley-based AI firm Encora in an all-stock deal valued at $2.35 billion (about Rs 21,133 crore), marking one of the largest overseas acquisitions by an Indian mid-tier IT company, PTI reported.The acquisition will be funded entirely through equity, with Coforge issuing preferential shares worth…

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Pharma talks: Piyush Goyal meets stakeholders to push innovation; firms confident as sector stays unfazed by US tariff threat

Piyush Goyal meets Pharma stakeholders to push innovation (Picture credit: X/@PiyushGoyal) Union minister of commerce and industry, Piyush Goyal, held a key interaction with stakeholders from India’s pharmaceutical sector, focusing on strengthening industry growth and regulatory reforms. The minister highlighted discussions on innovation, data protection frameworks, investment commitments, and opportunities to scale manufacturing in India….

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From classrooms to careers, human capital takes centre stage in India’s AI push | India News

NEW DELHI: From retooling classrooms to future-proofing jobs, India’s artificial intelligence strategy is decisively shifting towards people-first reform. Senior policymakers, academic leaders and industry experts on Monday flagged lifelong learning, human augmentation and inclusive skilling as central to India’s AI journey at a high-level Human Capital Working Group meeting hosted at IIT Guwahati.The two-day meeting…

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