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Crypto is the new gold: Why India’s rich are buying Bitcoin

Crypto exchanges report a sharp uptick in trading volumes from India’s elite. (AI image) As Indian equities stall, gold steadies, and fixed-income returns remain uninspiring, a new trend is emerging among the country’s wealthiest investors: a growing appetite for cryptocurrencies.High-net-worth individuals (HNIs), family offices, and institutional players are quietly reshaping their portfolios, steering capital toward…

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Trump’s GENIUS move: Donald Trump urges GOP to vote ‘Yes’ for digital asset bill; says ‘all part of MAGA’

US President Donald Trump called on Republicans to extend their full support to the GENIUS Act, a sweeping bill aimed at regulating stablecoins and asserting America’s dominance in the digital asset space.In a post on his social media platform Truth Social, Trump wrote, “HAPPY CRYPTO WEEK! The House will soon VOTE on a tremendous Bill…

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US pharma threats: Donald Trump warns of drug tariffs by month-end; semiconductor levies may follow

US President Donald Trump said that he is likely to impose tariffs on imported pharmaceuticals by the end of the month, with levies on semiconductors possibly following soon after. The announcement signals an escalation in his broader “reciprocal tariff” strategy, set to formally take effect from 1 August.Speaking to reporters on Tuesday (local time) after…

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Bengaluru back to cash? ‘No UPI, only cash’, say vendors as they receive GST notices; ask customers to pay in notes

Once hailed as a digital payment leader, Bengaluru is switching to physical currency, replacing QR code stickers by printouts or scribbled notes that read, “No UPI, only cash.” Small vendors who once favoured UPI payments are now urging customers to pay in cash, citing pressure from tax authorities. “I do a business of about Rs…

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Bitcoin reaches record high! Indian traders explore crypto options; global rally adds to momentum

As Bitcoin surged past the $120,000 mark to hit a fresh record in global markets, Indian crypto enthusiasts are now looking for other ‘crypto options’ in search of bigger gains. Nearly two years after the introduction of perpetual crypto futures, at least two Indian exchanges have rolled out cryptocurrency options with multiple expiry dates.Many traders…

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‘Global employment epicenter’: Crisil positions India as key to shifting labour markets; warns of skill gaps hindering full potential

As global labour markets undergo rapid transformation driven by ageing populations and accelerated digital adoption, India is uniquely positioned to become a key source of skilled workers, according to an analysis by Crisil Intelligence, quoted by ANI.“The global labour market is undergoing rapid transformation, with demand for skilled workers rising sharply across advanced as well…

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India-US trade: India’s exports to US jump 23% in June as imports fall 10%; China trade also expands

India’s merchandise exports to the United States surged 23.53% to $8.3 billion in June, even as imports from the world’s largest economy fell 10.61% to about $4 billion, according to commerce ministry data released on Monday.In the first quarter of FY26 (April–June), exports to the US climbed 22.18% to $25.51 billion, while imports rose 11.68%…

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Nvidia’s China chip approval: Company wins US nod to export AI chips to China, says H20 shipments to start soon

Nvidia CEO Jensen Huang said the company has secured approval from the Trump administration to begin selling its advanced H20 chips to China, paving the way for resumed exports of its AI hardware to a key international market.“The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,”…

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