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. The weekly chart for Dogecoin shows a signal that could be of greater significance due to its rarity. Crypto analyst Cryptollica pointed to DOGE's weekly RSI tagging roughly 33.6 and claimed that level has shown up only four times in 11 years. "DOGE WEEKLY RSI. 4 times in 11 years ..," he posted. DOGE, for context, was trading around $0.129 at the time of writing, down roughly mid-single digits on the day. The hook is simple: a weekly RSI that low usually means sellers have been in control for a while -- and on a weekly timeframe, that kind of pressure tends to carry more weight than intraday noise. This isn't "RSI brushed 30 on a 15-minute candle." It's slower, heavier, and tied to the bigger trend. Still, it's not quite as plug-and-play as the screenshot makes it look. Cryptollica's point is that the same zone showed up around (1) early May 2015, (2) March 2020, (3) mid-June 2022, and (4) now. The post is the spark; what traders actually care about is what happened next. And this is where Dogecoin's history gets... very Dogecoin. On May 6, 2015, DOGE was quoted around $0.000087. Beyond the price being basically dust, the backdrop was messy: weeks earlier, Dogecoin co-founder Jackson Palmer said he was stepping away from the crypto community, calling out what he described as a "toxic" culture. The bounce didn't show up on schedule. DOGE drifted for a long time, then later caught the 2017-18 mania, briefly touching $0.017 on Jan. 7, 2018. From roughly $0.000087, that's about +19,000% to that local-cycle high -- a good reminder that "oversold" on a weekly chart can show up early and still end up pointing the right way. In mid-March 2020 (peak COVID panic), DOGE traded around $0.001537. When the panic eased and liquidity returned to markets, DOGE went on to print its next cycle top at $0.7316 on May 8, 2021. That's roughly +47,000% from the March 2020 level to the 2021 high. It's also the stretch where DOGE stopped being "just" a joke coin and started behaving like a retail risk-on barometer -- with Musk-era attention pouring gasoline on it. By mid-June 2022, the bear-market washout was in full effect. DOGE was around $0.053. The recovery came in waves: a late-2022 pop tied to Musk/Twitter speculation and broader risk-on bursts, then a bigger 2024 meme-led rip. By March 28, 2024, DOGE was back around $0.220 -- roughly +315% from the June 2022 level to the next notable local high. Not 2021-level insanity, but still a real multi-x. And now, as of Tuesday, Dec. 16, 2025, Dogecoin was changing hands around $0.129. The "signal" crowd will look at that weekly RSI print and argue the market is back in the same psychological neighborhood as those prior exhaustion points. The bullish case writes itself: if this weekly RSI zone has tended to show up near seller fatigue in the past, then seeing it again could mean risk/reward is quietly shifting. Not a promise -- more like a reason to stop ignoring DOGE and start watching it. But RSI isn't a timing tool. Oversold can stay oversold. Weekly signals can hang around, whip traders around, or get flattened if broader risk keeps leaking. For now, it's a setup, not an outcome. If DOGE starts reclaiming levels and holding them, the "rare signal" crowd will take the victory lap. If it keeps bleeding, this gets filed under interesting, early, and painful -- like a lot of trading ideas.
Bank Nifty opened higher at 52,390 and has since rallied to 52,640, up 0.65%, outperforming the Nifty 50. The advance/decline ratio stands strong at 11/1, with Punjab National Bank leading gains, up 1.7%. Federal Bank is the only index constituent in the red, down 0.25%. Nifty PSU Bank surged 1.4%, while Nifty Private Bank rose 0.5%, indicating strong performance from public sector banks. Bank Nifty futures are also in an uptrend, trading at 52,930, with a target of 54,000. Traders are advised to go long with specific stop-loss levels, and the trend looks bullish in the near term. ...Read More >
New Delhi: The debate among scientists and environment policy experts over what really drives vehicle pollution has heated up in Delhi after the Commission for Air Quality Management's (CAQM) directive of denying fuel and impounding end-of-life vehicles from July 1 onwards.Petrol vehicles that are over 15 years old and diesel vehicles that are over 10 years old are in the direct line of fire of CAQM's Direction 89.The policy's aim is to reducing emissions, but environmentalists and automotive exp ...Read More >
New Delhi, Jul 15 (PTI) YouTuber Samay Raina appeared before the National Commission for Women (NCW) in Delhi on Tuesday, months after he was summoned in connection with allegedly offensive and sexist content aired during his show "India's Got Latent", officials said. Raina was also among the five social media influencers who appeared before the Supreme Court in a case seeking action against them for ridiculing persons suffering from disabilities. Raina submitted his statement in response to the allegations to NCW officials. Officials said further steps will be considered after reviewing his ...Read More >
Mathura, Jul 19 (PTI) Six people died and two were injured when a mini-van collided with a truck on the Yamuna Expressway here, police said on Saturday. "The accident took place at milestone 140 at around 3 am. The Agra-bound mini-van rammed into a heavy vehicle, possibly due to the driver falling asleep at the wheel," Senior Superintendent of Police (SSP) Shlok Kumar said. "Six people died on the spot, while two have sustained serious injuries and were admitted to a hospital," he added. The family members of the deceased have been informed, and further action is being taken, he said. In a ...Read More >
Delhi Car Ban News: Delhi is rolling out new rules to fight air pollution. Vehicles without a valid Pollution Under Control certificate will not get fuel. Only BS-VI compliant vehicles from outside the city will be allowed entry. These steps aim to reduce emissions and improve air quality. The government is also focusing on cleaner public transport and addressing pollution hotspots. The Delhi government has announced a fresh set of strict measures to curb air pollution in the national capital, including a ban on fuel for vehicles without a valid Pollution Under Control (PUC) certificate and r ...Read More >
The chip makers around the world felt the relief of a rumor suggesting that the sales curb to China could be less severe than previously expected. But the news didn't necessarily translate in a strong rally. ASML (NASDAQ:ASML) - Europe's biggest chip equipment maker that predicted a 30% fall to its Chinese revenue next year - closed 0.22% lower yesterday, while Tokyo Electron - which was up by more than 6% yesterday - couldn't extend gains at today's session. With US markets paused for the Thanksgiving break, France was at the heart of the attention yesterday. The political drama, there, only ...Read More >
Bengaluru Power Cuts: Citizens of Bengaluru brace yourself for long hours of power outages from June 29 and June 30. More than 100 areas will be impacted as BESCOM undertakes its quarterly maintenance work in various of its division. Bengaluru Power Outages June 29: According to the update by BESCOM on its X handler, there will be power outages in Kittaganahalli, Palasandra, Saptagiri, Maruthinagar, Sankapur, Raghavendra Nagar, Goolarivee, Baddihalli, Kesaramadu, C.M Badawan, Kalalli and SKS village on June 29 from 10 am to 5 pm. BESCOM's executive engineer has appealed to consumers to coop ...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 has officially broken through its previous all-time high of $112,000, surging to $118,000 just hours ago and entering uncharted territory for the first time since late May. The breakout confirms bullish momentum after weeks of consolidation and failed attempts, with price action now showing clear strength. With the psychological and technical barrier of $112K cleared, many analysts believe this move could mark the beginning of Bitcoin's next expansive rally. Bulls are f ...Read More >
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 years, basic accounts/PM Jan Dhan Yojana accounts, or those opened before July 31, 2025.Meanwhile, HD ...Read More >
Patna, July 19 (SocialNews.XYZ) In a major action against corruption, the State Vigilance Unit (SVU) on Saturday arrested Sub-Inspector Putul Kumari, the SHO of the Women's Police Station in Samastipur, for accepting a bribe of Rs 20,000. Her driver was also arrested in the case. The arrest has created a stir within the police department. According to an official, Putul Kumari was caught red-handed while taking the bribe from Rajiv Ranjan, a resident of Chhatauna village under Mufassil police station limits, in connection with an assault case. Rajiv Ranjan had filed a written complaint with ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. One of the cleaner tells in crypto is when the old supply decides it's time. Not "made a quick 20% and clipped it" time -- years old. That's basically what Glassnode researcher CryptoVizArt flagged after an XRP wallet aged roughly 5-7 years (with a cost basis around $0.40) realized more than $721.5 million in profit on Dec. 11. A single wallet doesn't "break" a market on its own. But the timing is the point: this wasn't profit-taking into a rip. It landed while XRP was showing ...Read More >
Bhubaneswar: Revenue minister Suresh Pujari on Saturday said Odisha would not be allowed to follow the lawless path in sand operations like it is in Bihar and West Bengal, while responding to the recent assault of an additional tehsildar in Kaptipada block, Mayurbhanj district, by the sand mafia. He promised stringent action against the sand mafia regardless of their connections, while speaking to mediapersons here on Saturday."The Kaptipada incident represents a serious escalation in conflict between law enforcement and the sand mafia. The attack on officers performing their enforcement dutie ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
VMPLMumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin.The rules are written. The steps are lis ...Read More >
Markets opened on a cautiously optimistic note on Wednesday, with the Sensex and Nifty showing marginal gains, while investors closely monitored global economic indicators and upcoming domestic policy decisions. The Sensex opened higher at 81,036.22 from its previous close of 80,845.75 and is currently trading at 81,168.92 as of 9.45 am, up by 323.17 points or 0.40 per cent. Similarly, the Nifty opened at 24,488.75 compared to its previous close of 24,457.15 and is now at 24,558.20, rising by 101 ...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 >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
The student poured petrol on herself and set herself ablaze outside the principal's office. ShowQuick Read Summary is AI-generated, newsroom-reviewed * The student alleged sexual harassment by her Fakir Mohan College HoD, Samir Kumar Sahu * She confided in friends months earlier about mental and academic harassment by the HoD * The student set herself on fire outside the principal's office and died from 95% burns Did our AI summary help? Let us know. Bhubaneswar: The 22-year-old student ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk and Arakashan Road. The Tazia procession will start from Ajmeri Gate and proceed through Pul Paharganj ...Read More >
DIMAPUR, OCTOBER 18 (MExN): The Commissioner of Police, Dimapur, has issued an advisory cautioning citizens against the use of banned firecrackers during the upcoming festive season and appealed to all residents to celebrate in an eco-friendly and responsible manner. The advisory stated that bursting of firecrackers is not only environmentally hazardous but also causes significant stress, fear, and other health-related issues in both humans and animals due to loud explosions and toxic gases. As per the guidelines, fireworks will be permitted strictly between 8 PM and 10 PM on Diwali and othe ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Following the flash crash of last week, the Bitcoin price has once again sunk to similar depths, albeit in a more steady price correction. Notably, the leading cryptocurrency dipped below $105,000 on Friday as crypto liquidations rose to above $1.2 billion. However, underlying investor buying activity paints an encouraging picture of a potentially bullish rebound. In a QuickTake post on X, popular analyst Amr Taha shares an exchange activity update on the Bitcoin market amidst ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Reddy placed an onus on educational institutions to ensure their campuses were free of drugs. "It is the ...Read More >
The man said that the new vehicle in the same segment now comes with a steep cost. ShowQuick Read Summary is AI-generated, newsroom-reviewed A Delhi man sold his luxury SUV due to the new end of life vehicle policyThe policy bans diesel vehicles older than 10 years and petrol vehicles over 15 yearsAutomatic number plate recognition cameras monitor compliance at over 350 fuel stations Did our AI summary help? Let us know. New Delhi: A Delhi man was forced to sell his luxury SUV due to the g ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A single wallet that has sat untouched since 2011 jolted the market overnight, wiring 40,009 BTC -- worth roughly $4.68 billion at prevailing prices -- to New York‑based trading giant Galaxy Digital. The address had held 80,009 BTC in total and had never previously moved funds in the modern era. According to on‑chain sleuth Lookonchain, "the Bitcoin OG with 80,009 BTC ($9.46 B) has transferred 40,009 BTC ($4.68 B) to Galaxy Digital," and Galaxy "has directly deposited 6,000 B ...Read More >
VMPL Mumbai (Maharashtra) [India], December 1: For most salaried Indians, Provident Fund (PF) is that one pot of money that quietly grows in the background, meant to be there when life stops going according to plan or there is a crucial life event such as marriage, home loan or purchase. Yet the moment people actually need it or try online PF withdrawal, many discover a hard truth: PF withdrawal often feels less like a process and more like a toss of a coin. The rules are written. The steps are listed. The contributions are real. But whether the money actually reaches you in time through an ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to an analytics report, XRP traded near $2.06 on Friday as social chatter around the token turned sharply negative after a two-month slide of about 30%. Traders and data firms flagged a sudden rise in bearish messages, a shift from the more mixed views seen earlier this year. The mood has tightened around crypto, and XRP is not immune. Based on reports from Santiment, its chart tracks XRP's price against positive and negative comments and a combined sentiment line th ...Read More >
With Delhi grappling with the season's worst air quality, there has been a surge in the number of patients with respiratory issues at city hospitals in the past two days, according to doctors. Resurgence of health issues has been noticed in patients whose conditions had stabilised, they added. Doctors pointed out that persistent dry cough, fatigue, and difficulty inbreathing were common issues facing people ofall ages. Thesewere particularly severein the elderly, children, and those ...Read More >
BENGALURU: BBMP marshals deployed at lake security and supervision wing, ward monitoring and Indira Canteens are working without salaries since March. The situation has arisen after Bangalore Solid Waste Management Limited was carved out of BBMP for garbage management. Their salaries are usually given through the Ex-Servicemen Welfare Society and each marshal is paid Rs 17,500 monthly. "Supervisors say the delay is due to a set of procedures. Earlier, the amount was given to the Ex-Servicemen Welfare Society towards payments from BBMP. Now the files have to be cleared from BWSML to ward mars ...Read More >
Mumbai, June 29 (SocialNews.XYZ) The foreign institutional investors' (FIIs) buying, through the exchange and primary market and others category, stood at Rs 8,915 crore this month (till June 27), analysts said on Sunday. Ceasefire between Israel and Iran and the sharp decline in crude triggered a risk-on in global equity markets. Along with this favourable investment scenario, dollar continued to decline and the dollar index dipped to sub-97 level. "Declining dollar is always a positive for emerging market equity; this encouraged FIIs to buy in India," said Dr. VK Vijayakumar, Chief Investm ...Read More >