India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Pump.fun announced the acquisition of a leading multi-chain trading terminal to further expand its ecosystem, triggering a 10% price surge for the platform's token, PUMP. On Friday, Solana's leading launchpad, Pump.fun, announced it had acquired multichain trading terminal Padre for an undisclosed amount as part of its "mission to tokenize the world's highest-potential opportunities." The platform explained that trading terminals have "captured most trading volumes in the ecosystem" for the past year. Therefore, the acquisition of Padre, which supports trading across Ethereum, Solana, BNB Chain, and Base, "was a no-brainer," Pump.fun's co-founder Alon Cohen affirmed. "Today marks another historic day for the PUMP ecosystem. What we're known for is innovating, growing the market as a whole and creating the most retail-friendly products," Cohen wrote on X. "But we have always wanted to find more ways to support and reward our existing, loyal user base, most of which uses pro trading terminals," he continued, adding that "the Padre team has shown the most grit, execution capability and integrity out of any crypto team I have gotten to know." According to the official announcement, Padre will function as usual, but users will experience significant upgrades in user experience, especially for tokens launched on Pump.fun. Additionally, the integration will improve data and speed, and offer better trading incentives. Following the news, Pump.fun's token, PUMP, became one of the best-performing tokens in the past 24 hours, jumping 11.6% to a one-week high of $0.0043. The cryptocurrency has been trading within the $0.0036-$0.0046 price range since the early October correction. Analyst Sjuul from AltCryptoGems noted that yesterday, PUMP was "in a bit of trouble" after retesting the range lows, needing to break out of a bearish structure to prevent a breakdown to lower levels. After today's rally, PUMP "finally broke that structure," suggesting that the range high should be the next target for the cryptocurrency's price. A potential breakout from this range could set the stage for a retest of the $0.005 mark, a key support and resistance level during the Q3 rally that was lost during the October 10 pullback. Despite the PUMP rally, Pump.fun received some backlash after the acquisition. Padre's users slammed the memecoin launchpad for one of the key changes listed in the announcement. According to the official X post, trading terminal's token, PADRE, "will no longer have utility on the platform with no further plans for the future." As a result, the cryptocurrency dropped 76% in an hour to a multi-month low of $0.009 before stabilizing at around $0.0139. A user criticized the decision, affirming that "when you acquire a product that has been on the market for more than a year, (...) it would be really wise to take into account people that have invested into the token as well." The user considers that "posting a statement that renders the token absolutely useless and sunsetting it in this way is atrocious," suggesting that the Pump.fun team should have taken a snapshot and announced an airdrop for PADRE holders.
Guwahati, Jun 5 (PTI) The Assam Congress on Thursday demanded a CBI inquiry into alleged illegal stone mining in Karbi Anglong district in violation of a Supreme Court order. Addressing a press conference here, former Rajya Sabha member Ripun Bora also alleged that Karbi Anglong Autonomous Council Chief Executive Member Tuliram Ronghang was allowing illegal activities in the district in nexus with Chief Minister Himanta Biswa Sarma. "Large-scale illegal stone mining is taking place in the hills of Karbi Anglong in violation of the Supreme Court order. The SC had banned mining in and around K ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is closing in on a historic test, hovering just 6.4% below its all-time high of $4,891. Despite persistent sell-offs from retail traders, the asset's upward momentum continues, signaling a potential breakthrough that could set the stage for new record levels. Santiment, a popular platform in on-chain and market analytics, recently highlighted in a post that Ethereum is now within striking distance of a historic milestone -- just 6.4% away from its all-time high of $4,8 ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to chart work shared by market analyst Mikybull, XRP is sitting inside what he calls a tight bullish structure that could lead to a sharp rise. Reports have disclosed the setup on a three-week chart and suggested the corrective phase may be ending. The analyst flagged several price levels that traders are now watching closely. Mikybull pointed to an ABC correction pattern that looks close to finishing. He showed XRP hovering around $2.50 and sitting just above a long- ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As political tensions between US President Donald Trump and Elon Musk escalated yesterday, the Bitcoin (BTC) market experienced a sharp shift in sentiment, with the funding rate on Binance flipping from positive to negative within hours. According to a CryptoQuant Quicktake post by contributor Darkfost, BTC funding rates on Binance have once again turned negative, even as the top cryptocurrency continues to trade above the $100,000 mark at the time of writing. The analyst attr ...Read More >
Jaipur: Police in Didwana have stepped up their probe into a cross-border smuggling case in which they arrested two arms and drug smugglers on June 27 for supplying Austrian Glock and Chinese Norinco pistols. It has emerged that the case has links to a massive Rs 300-crore heroin consignment seized by Punjab's Amritsar police near the India-Pakistan border in Barmer on June 30. Canada-based Joben Kaler was identified as the main overseas handler of the heroin consignment. Didwana-Kuchaman police had arrested Mohammad Ilyas from Khunkhuna and Amarjeet Singh Takhar, alias Prince, from Jalandhar ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin started the month of July with a convincing rally to the upside, suggesting a sustained bullish sentiment amongst investors from its performance by the end of June. The upward rally, however, cooled off following the release of positive employment data by the United States. Traders might have expected this data to be typically bullish, but that has hardly been the reality for the Bitcoin price. Nevertheless, a certain investor cohort, as shown by on-chain revelation, ha ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum price started a fresh increase above the $2,520 zone. ETH is now correcting some gains and might aim for a fresh move above $2,580. Ethereum price started a fresh increase above the $2,550 zone, like Bitcoin. ETH price gained pace for a move above the $2,565 resistance zone and entered a positive zone. The bulls were able to push the price above the 61.8% Fib retracement level of the downward move from the $2,636 swing high to the $2,475 low. However, the bears remain ...Read More >
New Delhi [India], July 11: With the crypto market poised for recovery, traders are turning their attention to tokens expected to deliver exponential gains. While Solana (SOL) and Cardano (ADA) are flashing signs of strength, their upside may be limited to moderate gains. In contrast, Little Pepe (LILPEPE), a meme coin with infrastructure, is being tipped for a possible 2,000% breakout by the end of Q4 2025. Little Pepe (LILPEPE): A New Meme Giant with 2,000% Upside Potential Amid the buzz around Layer-1 and Layer-2 ecosystems, a meme coin is quietly rising, and it's not just about laughs. L ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP has shown some signs of recovery over the past 48 hours, climbing about 5.3 % from its recent low, according to on-chain analytics platform Santiment. The rebound comes as investor confidence appears to be returning, as it coincides with a steady rise in mid to large-sized XRP holders. Particularly, on-chain data shows that the XRP ecosystem now has more than 317,500 wallets holding at least 10,000 XRP tokens for the first time in its history. Despite XRP's recent price woe ...Read More >
Bitcoin World - Let me start by saying that I made over $30,000 in passive income last month. I know, that sounds crazy, right? But I promise you it is 100% real. I used to think that making money while you sleep was something only the super wealthy or tech savvy could do. But it turns out it is totally possible, and I'm here to tell you how I did it," said Dennis. Dennis has been installing photovoltaic panels for three years, and five years ago he asked his wife a question: "Do we really have to work ourselves to death?" She simply responded: "That's life." "To be honest, it was frustratin ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Web3 gaming's FUNToken emerges with strengthened fundamentals following smart contract lock implementation and CertiK audit clearance. Trading at $0.009894 as of June 28, 2025 shows a bullish trend. With total and circulating supply fixed at 10.81 billion FUN tokens, these security enhancements are capturing investor attention amid the price surge. Market analysts are evaluating whether these developments signal an impending price movement. Our fundamental analysis examines the ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Registration is now open for one of the most exhilarating crypto trading tournaments Victoria, Seychelles, July 10, 2025 -- Bitget, the world's leading crypto exchange and Web3 company, has officially opened registration for KCGI 2025, the most anticipated trading competition of the year, featuring a massive 6 million USDT prize pool, brand-new segments, and early-bird rewards that make joining early a winning move. From team battles to bot duels, KCGI 2025 isn't just a tourna ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As the global economy faces severe challenges and the real economy continues to be sluggish, many investors are actively looking for new ways to increase their wealth. Against this backdrop, cryptocurrency cloud mining has gradually become an efficient, safe and high-return investment option, attracting more and more funds to flow into this emerging field. [Cloud mining] is a way to mine cryptocurrencies through remote data centers. Unlike traditional mining methods, cloud mini ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum has posted significant gains over the past week, rising 29% and approaching its all-time high near $4,800 set in 2021. At the time of writing, ETH trades at $4,662, putting it within range of the $4,750-$4,800 resistance zone that has historically marked a key supply area for the market. This price move coincides with unprecedented network activity and notable on-chain flows that analysts say could influence the short-term price direction. Data from CryptoQuant contri ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After hitting a one-month low, Solana (SOL) has bounced from a critical support zone and is attempting to reclaim a crucial psychological barrier before potentially resuming its bullish rally. However, some analysts suggested that the cryptocurrency could retest new lows if the market volatility persists. On Thursday, Solana lost the $200 level as support after closing the day below this level for the first time in nearly a month. The cryptocurrency has been trading inside the ...Read More >
Bengaluru (Karnataka) [India], July 18 (ANI): Reacting to Bihar Chief Minister Nitish Kumar announcement of free electricity up to 125 units, Karnataka Deputy Chief Minister DK Shivakumar said that whatever schemes the Congress party is giving in Karnataka, the entire country is following it. Speaking to the media, Shivakumar emphasised that in the entire country, Congress Party has stood for the welfare of the people. After independence, till today, whenever the Congress Party is in power, either in the Central or state government, it has given various schemes, such as pension, woman and ch ...Read More >
Mumbai, August 14: Leading cryptocurrency Bitcoin hit a record high of $124,210 on Thursday over increasing expectations for more lenient monetary policy from the US Federal Reserve. The development, coupled with supportive financial reforms, particularly under the pro-crypto stance of the US President Donald Trump's administration, boosted investor sentiment. The world's largest crypto asset by market capitalisation climbed over 0.9 per cent to $124,210, surpassing its previous peak in July. But as of 10.30 am, the BTC has dropped to $1,23,036.80. The second-largest crypto-token Ether also h ...Read More >
New Delhi: Protest at the Aligarh Muslim University (AMU) against a recently announced fee hike, the long-standing suspension of students' union elections and calls for administrative accountability have entered their sixth day, with students boycotting classes and staging sit-ins at the Bab-e-Syed gate (the iconic entrance of the varsity). The fee structure for different courses has witnessed a sharp revision. Students say the hike ranges from 25% to over 60% across various programmes. Many claim they first learned of the revised fees only while trying to pay through the university's online ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Kolkata, June 28: A political slugfest has erupted in West Bengal after a woman accused Padma Shree awardee monk Kartik Maharaj, who is posted with the Murshidabad unit of Bharat Sevashram Sangha, of allegedly raping her 12 times for six months in 2013. As per the police complaint lodged by the woman, Kartik Maharaj raped her multiple times 12 years ago promising her a job at a local school. The ruling Trinamool Congress is highlighting the issue in a major way and accusing the BJP of being silent on it since the accused monk had been reportedly close to the saffron party. The woman accusin ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is facing a crucial test as bulls and bears lock into a tight battle around the $2,500 level. Despite repeated attempts, bulls have yet to establish control above this key resistance, while bears have been unable to push the price to new lows, signaling an indecisive but increasingly tense standoff. This price compression comes at a time when broader market sentiment is shifting. The US stock market has just reached a new all-time high, and analysts believe crypto could ...Read More >
New Delhi: Was it the pitch? Was it the conditions? Was it the bowling? The questions doing the rounds after yet another strange show in good batting conditions by India were many. But with the exception of Shubman Gill, who became just the second Indian captain, after Mohammad Azharuddin, to score hundreds in consecutive matches in England, and Yashasvi Jaiswal, few India batters managed to answer them in a satisfactory manner. After being put into bat by England, India looked like they were in control at various points during the day but then somehow contrived to gift away wickets and end t ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Pump.fun, the Solana-based platform enabling users to easily launch and trade custom tokens -- especially meme coins -- has just marked a historic milestone. On Saturday, Pump.fun raised over $500 million during its highly anticipated PUMP token public sale. In an astonishing show of demand, the sale sold out in only 12 minutes, highlighting the project's explosive growth and rising popularity across the crypto space. Designed for accessibility, Pump.fun allows virtually anyone ...Read More >
Bengaluru: A physics lecturer from a private college in Dakshina Kannada and two of his friends have been arrested by Bengaluru police for allegedly blackmailing and raping a student.When the mental torture by the trio became intolerable, the girl narrated to her parents how she was being exploited. Subsequently, she went to Marathahalli police station along with her parents on July 5 and lodged a complaint seeking action against the perpetrators. Acting swiftly, the cops arrested the trio the following day. The accused are Narendra, a physics lecturer, Sandeep, a biology lecturer -- both work ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After finishing up its crash over the weekend, the Bitcoin price seems to be stabilizing as market sentiment starts to move positively once again. However, this has not done much to eliminate the bearish expectations that have erupted following the October 10 liquidation event. As opposed to the expectations that the Bitcoin price will see a recovery bounce that sends it to new all-time highs, crypto pundit MMBTrader has revealed what they call the 'Whale Buy Zone' to snap up so ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After days of fluctuating around the $105,000 range, Bitcoin appears to be succumbing to pressure from bears and profit-taking from traders. The most recent 24 hours were marked by Bitcoin losing its hold on the $105,000 price level, crashing until it rebounded at a lower support range around $101,000. However, technical analysis of Bitcoin's daily candlestick timeframe chart shows that this price level is increasingly under threat, and a formation is currently in place that co ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum currently has strong support at $2,200, but one analyst has pointed out that if the level fails, the next region to watch could be $1,160. In a new post on X, analyst Ali Martinez has talked about where support lies for Ethereum based on on-chain data. In on-chain analysis, levels are considered as major support/resistance zones if they host the cost basis or acquisition level of a significant part of the ETH supply. The reason behind this lies in the fact that invest ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A cryptocurrency analyst has pointed out how Pudgy Penguins (PENGU) is starting to look similar to Pepe (PEPE) did before its explosion. In a new post on X, analyst Ali Martinez has talked about how PENGU is showing to the memecoin PEPE in its price chart. Below are the graphs shared by Martinez comparing the trends of the two side-by-side. In both charts, the analyst has marked the Fibonacci Retracement levels for the assets, lines that are based on ratios from the famous Fib ...Read More >
Mumbai: The attack on Sambhaji Brigade leader Pravin Gaikwad has triggered a stir in Maharashtra politics with opposition parties alleging the assailants were the BJP activists. However, Maharashtra minister Chandrashekhar Bawankule claimed the BJP has nothing to do with the attack. Raising the issue in the Maharashtra Vidhan Sabha, Congress legislative party leader Vijay Wadettiwar said that Gaikwad was fatally attacked, dragged out of his car, and his face was blackened. He claimed it was an attempt on Gaikwad's life. Gaikwad was manhandled and ink was hurled on him allegedly by activists ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Upexi, a Nasdaq-listed company, has stepped up its bet on Solana by forming a new advisory committee and naming Arthur Hayes as its first member. Reports have disclosed the move came with a clear push to support the firm's large Solana treasury, which has drawn attention from investors and rival corporate treasuries alike. According to Upexi's own filings and public statements, the company now holds over 2 million SOL in its treasury. That stake has been built quickly through ...Read More >