Category: Breaking News
Bitcoin rises to record after longest weekly winning run since 2021
Bitcoin soared to a new all-time high, fueled by President-elect Trump’s pro-crypto stance and plans for US dominance in the sector. The surge, exceeding $106,000, boosted the broader crypto market. … Read More
Rs 12 lakh crore loans written off in 10 years, half of it by PSU banks in last 5 years
Indian commercial banks wrote off Rs 12.3 lakh crore in loans between FY15 and FY24. Public sector banks accounted for Rs 6.5 lakh crore of write-offs in the last five … Read More
India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report
India’s wealthiest individuals, Mukesh Ambani and Gautam Adani, have recently seen their fortunes dip below $100 billion. Ambani’s Reliance faces declining energy earnings and retail struggles, while Adani battles US … Read More
Nasdaq surges above 20,000 for first time
The Nasdaq crossed 20,000, a historic first. Tech stocks soared on AI hopes and rate cut expectations. The index jumped 33% this year. Apple, Nvidia, and Tesla led the rally. … Read More
Elon Musk’s net worth tops $400 billion, a historic first
Elon Musk’s net worth soared past $400 billion, a first, fueled by Tesla’s record high and a SpaceX share sale. His fortune surged by a record $62.8 billion in a … Read More
Govt support for telcos important: Jyotiraditya Scindia
Telecom Minister Jyotiraditya Scindia affirmed continued government support for the mobile industry, emphasizing the importance of having at least four to five players. He stated satellite communication services will complement … Read More
Realign supply chains, avoid risk concentration: FM Sitharaman to cos
Finance Minister Nirmala Sitharaman urged industries to diversify supply chains, considering political and strategic factors beyond economics. She emphasized the need to avoid over-reliance on any single nation, seemingly referencing … Read More