US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
Applied Digital signs $5.2 billion AI data center lease with US hyperscalerMajor technology companies are raising their spending on data centers to support powerful artificial intelligence models, boosting demand...
Quote of the day by Maya Angelou: 'Try to be a rainbow in...' Life lessons on happiness, inner peace and human nature by American poet, memoirist and actorQuote of the Day by Maya Angelou highlights the message, “Try to be a rainbow in someone’s cloud.” The quote encourages people to support o...
Bitcoin rebounds to $63,000 after holding key support, but ETF outflows of $3.4 billion remain a concernBitcoin climbed back above the $63,000 level on Monday after successfully defending a key support zone, despite persistent ETF outflows of ...
Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...
Bitcoin drops toward $60K for first time since October 2024; crypto liquidations hit $1.77 billionBitcoin experienced a significant drop below $60,000, its lowest point since October 2024, following a surprise selloff by prominent corpor...
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
Bitcoin trades below $63,000, drops 15% in the first week of June but blockchain data remains resilientBitcoin experienced a nearly 15% decline in early June, falling below $63,000. Despite significant price drops, on-chain data indicates a l...
501 Bangladeshis held in Gujarat in 2 days for illegal stay; action taken under special operationGujarat Police have detained 501 Bangladeshi nationals across the state in a swift two-day operation. Codenamed 'Operation Delta Hunt', the...
Bitcoin rebounds near $64,000 after crash to $61,500; $1.76 billion liquidated in 24 hoursBitcoin saw a rebound from its intraday low of $61,500 to $64,000 on Thursday. The crypto market experienced significant liquidations total...
Gujarat initiates anti-illegal migrant drive. 362 Bangladeshis arrestedGujarat police apprehended 362 illegal migrants from Bangladesh in a statewide operation, with over 700 more under investigation. The drive...
Bitcoin falls 12% in a week, drops below key $70K level as ETF outflows accelerateBitcoin has fallen below $70,000, dropping nearly 12% in a week. This decline is driven by institutional selling and negative ETF flows. Ma...
Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
Expecting almost 8-10 GW data centre capacity in and around Hyderabad: Telangana Special Chief SecyTelangana is set to become a major data centre hub, with plans for eight to ten gigawatts of new capacity. The state administration is comm...
DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backingThe Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court ...
SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...