The Times of India - Business (5 hours ago)
Bitcoin surged over 7% to $82,350 after former President Trump announced a 90-day pause on tariffs. The move boosted investor confidence, causing a rally in the broader crypto market, with Ethereum, Dogecoin, and Solana all gaining. Despite this short-term boost, experts caution that market uncertainty remains, with Bitcoin down 12% year-to-date.
ReadThe Times of India - Business (7 hours ago)
Donald Trump said that he's backing down on most nations' tariffs for 90 days amid market meltdown, but he's raising China tariffs. Market participants have been urging Trump to reduce tariffs, as economists warn that these measures could trigger a worldwide economic downturn and push prices higher.
ReadCBC - Business (9 hours ago)
An $11-billion exclusive deal between Rogers and the NHL announced today gives the telecommunications company the rights to broadcast hockey games across the country for the next 12 years. Rogers promises fewer regional blackouts and says a continuation of its streaming deal with Amazon is a "strong possibility.”
ReadThe Times of India - Business (9 hours ago)
India's economy is projected to grow at 6.7% in FY25, driven by domestic demand, rural income growth, and moderating inflation, according to ADB. The RBI revised its growth forecast to 6.5%. Key sectors like services, agriculture, and manufacturing are expected to contribute significantly. Risks include US tariffs and global economic uncertainty.
ReadThe Times of India - Business (12 hours ago)
Global markets tumbled as the US-China trade war escalated, with China imposing 84% tariffs on US goods. US stock futures fell, and bond yields surged, signaling concerns about the bond market. Major pharmaceutical stocks dropped, and recession fears rose. Investors sought safer assets, with gold and the yen gaining, while oil prices plunged.
ReadThe Times of India - Business (12 hours ago)
Sebi has eased disclosure norms for foreign portfolio investors (FPIs) by raising the asset threshold for granular beneficial ownership disclosures from Rs 25,000 crore to Rs 50,000 crore. FPIs holding over Rs 50,000 crore in equity AUM in India must now disclose detailed ownership information. The new framework takes effect immediately.
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