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Robinhood stock rises nearly 5% as Trump backs the Clarity Act, boosting hopes for clearer US crypto rules and stronger growth for HOOD. (AP)
Posted in Business

Why is Robinhood stock rising today? Trump’s crypto push sends HOOD up nearly 5%

Robinhood shares jumped nearly 4.9% in pre-market trading on Friday. The rise came as investors became more optimistic about the future of cryptocurrency regulation in…

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Vijay Shekhar Sharma's Rs 4 crore pay found 'materially below' peer median; Board recommends revision
Posted in Startups

Vijay Shekhar Sharma’s Rs 4 crore pay found ‘materially below’ peer median; Board recommends revision

After an independent benchmarking exercise found that the remuneration of Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma was materially below the benchmarks…

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Posted in Economy

India’s foreign exchange reserves up almost $50 billion since July

Kolkata: India’s foreign exchange reserves surged by nearly $50 billion since July as inflows swelled into the banks’ foreign currency non-resident bank (FCNR-B) following the…

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US stocks fall this week as rising Treasury yields, US debt worries, inflation and Iran tensions weigh on the S&P 500, Nasdaq and Dow Jones. (Getty Images via AFP)
Posted in Business

Why are US stocks falling this week? Rising Treasury yields, Iran tensions weigh on markets

US stock futures moved higher on Friday after US markets fell sharply on Thursday. However, the main stock indexes were still expected to end the…

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Posted in Economy

DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding years

The government on Friday relaxed the eligibility criteria for One Star Export House status, allowing exporters to qualify based on their export performance in any…

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Posted in Economy

Foreign trade policy changes to boost rupee internationalisation, add flexibility for exporters: CII’s Sanjay Budhia

New Delhi, The amendment in certain provisions of the Foreign Trade Policy to make it easier for exporters to invoice overseas sales and receive payments…

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ET Startup Awards 2025: - The Economic Times
Posted in Startups

E-bike maker Ultraviolette in talks to raise $45-50 million: Sources

Electric motorcycle maker Ultraviolette is in talks to raise $45-50 million from existing investors including Speciale Invest and TDK Ventures as part of its ongoing…

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Bitcoin rises 20% in a week as lower Treasury yields, a $2.7 billion short squeeze and Clarity Act hopes fuel a sudden crypto market rally. (REUTERS/ Representational)
Posted in Business

Why is crypto suddenly rallying? Bitcoin jumps 20% as $2.7 billion short squeeze hits

Bitcoin was on track to gain around 20% this week as of early Friday. The world’s largest cryptocurrency has jumped sharply after several positive developments…

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Posted in Economy

India’s forex reserves soar by $9.9 billion to $716.90 billion as on August 14

India’s foreign exchange reserves jumped by $9.905 billion to $716.90 billion during the week ended August 14, official data released by the Reserve Bank of…

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RBI Board reviews global, domestic challenges, economic outlook risks
Posted in Economy

RBI Board reviews global, domestic challenges, economic outlook risks

Chennai: The Central Board of Directors of Reserve Bank of India (RBI) on Friday reviewed global and domestic challenges, including risks to the economic outlook….

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