Bitcoin surges to $50,000 for the first time since 2021
Bitcoin hovered around $50,000 after briefly scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that cast doubt on the ...
Suzuki aims for sky, to make e-air copters
NEW DELHI: From being the carmaker that put the nation on wheels, Maruti now seems to aim for the sky, courtesy Japanese parent Suzuki. The company is planning to make electric air copters - bigger th ...
Vedanta Resources makes upfront payment of $779 million to bondholders under restructuring exercise
NEW DELHI: Metals and mining giant Vedanta Resources Ltd on Friday said it has made an upfront payment of USD 779 million to its bondholders and completed repayments as part of the debt restructuring ...
Paytm to form advisory panel on compliance, regulatory matters
In response to recent regulatory challenges, Paytm announced on Friday the formation of an advisory committee focused on compliance and regulatory matters. This move comes after the Reserve Bank of In ...
RBI holds repo 6th time in row at 6.5%
MUMBAI: RBI on Thursday kept rates on hold for the sixth successive time in line with expectations but surprised markets by projecting 7% growth for 2024-25 as against 6.7% earlier.RBI governor Shakti ...
US trade deficit widens slightly in December
WASHINGTON: The US trade deficit widened slightly in December, but contracted sharply in 2023 as imports declined and exports rose.The trade deficit increased 0.5% to $62.2 billion, the Commerce Depar ...