‘Trading more or less like a hawala business’: SC seeks clarity from Centre on Bitcoin regulation
The Supreme Court has voiced concerns over the Centre’s delay in formulating cryptocurrency regulations, highlighting potential economic risks and drawing parallels to illegal “hawala” operations. ...
India’s EV growth trails Southeast Asia, Latam as global sales hit new high: IEA
India’s Electric Vehicle Journey: Lagging Behind the Global Surge, But Poised for a Leap? The global electric vehicle (EV) revolution is in full swing, smashing ...
US markets open lower, Dow plunges over 250 points amid Moody’s downgrade and debt concerns
US stock markets opened sharply lower on Monday after Moody’s downgraded the country’s sovereign credit rating, citing concerns over escalating federal debt. The downgrade rattled ...
SBI posts record $9.2 billion profit in FY25, driven by digital cohort
State Bank of India reported record profits driven by its digital banking platform, YONO, despite a relatively small digital user base. While YONO contributes significantly ...
Gold surges Rs 580 to Rs 97,030, Silver jumps Rs 500 amid global market rally
Gold prices in the national capital surged by Rs 580, reaching Rs 97,030 per 10 grams, driven by strong international cues. Silver also climbed, settling ...
Vodafone Idea shares sink nearly 9% after Supreme Court rejects AGR relief plea
Vodafone Idea’s shares plummeted after the Supreme Court dismissed telecom companies’ petitions for adjusted gross revenue (AGR) dues relief, wiping out a significant portion of ...
Asian markets slide as US loses last triple-A credit rating
Asian stock markets experienced a downturn following Moody’s downgrade of the U.S. credit rating, citing concerns over rising debt. The downgrade, from Aaa to Aa1, ...
Transit delays, higher costs: Bangladesh garment import curbs to hit buyers
India is restricting ready-made garment imports from Bangladesh via land. This action is expected to raise logistics costs. Transit times will also increase. Apparel Export ...
IPO market gathers momentum: Six firms set to raise over Rs 11,000 crore in May
The IPO market is reviving in 2025. Six companies are preparing to launch their IPOs this month. They aim to raise over Rs 11,000 crore. ...
Emerging techs a threat to software jobs: Vembu
Zoho CEO Sridhar Vembu has cautioned software professionals about the potential impact of AI on their jobs. He warned that advancements in LLMs and development ...
