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. Crypto analyst Jordan has predicted that the Bitcoin price could rally to $80,000 in the short term. The analyst pointed to a February bullish trend that could spark this rally for the leading crypto. In an X post, Jordan predicted that the Bitcoin price could rally to $80,000, citing a bullish trend that began in February. This was around when BTC formed a new local low of $60,000. Since then, the leading crypto has rebounded to as high as $76,000. The analyst noted that BTC has bounced every time the price has tested support in the lower $60,000 range. Jordan said that if the Bitcoin price can hold this level, then there could be a momentum push towards the $80,000 to $84,000 CME gap. He added that it is interesting that the price has remained above key support levels despite the U.S.-Iran war. Crypto analyst Doctor Profit also indicated that BTC could rally above $80,000 in the short term. In an X post, he stated that he will look to enter new shorts between $79,000 and $84,000 if the Bitcoin price revisits that zone. He further remarked that he sees a high medium probability that BTC will reach this zone. However, he added that, given the geopolitical situation with the war in Iran, he doesn't think the risk-reward is worth it to go long in hopes that BTC will rally above $80,000. Doctor Profit also reiterated that the Bitcoin price is in a bear market and that the price hasn't bottomed yet. As such, he believes that placing short orders between $79,000 and $84,000 is a much safer bet with targets below $50,000. Crypto analyst CrypFlow stated that this is not yet the time to buy BTC, as the Bitcoin price has not yet bottomed. He noted that the 2-month stochastic RSI bullish cross is one signal that has consistently marked the best buying opportunities every cycle. The analyst explained that under this pattern, momentum resets below 20, sentiment turns negative, and a bullish cross later confirms the shift. CrypFlow further remarked that the cross marked the start of the bull run in the 2015, 2019, and 2023 cycles. However, that cross has yet to happen this time around. He noted that the stochastic RSI is resetting again and that the setup is building, but that the signal hasn't triggered, signaling that the Bitcoin price could still drop lower. At the time of writing, the Bitcoin price is trading at around $66,800, up in the last 24 hours, according to data from CoinMarketCap.
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin price started trading in a range below the $108,800 zone. BTC is now consolidating and might aim for a move above the $108,000 resistance. Bitcoin price started a fresh increase above the $105,500 zone. BTC gained pace and was able to climb above the $106,500 and $107,200 levels to enter a positive zone. The bulls pushed the price above the $108,000 resistance and the price tested the $108,800 zone. A high was formed at $108,792 and the price recently corrected gains. ...Read More >
New Delhi, Jul 20 (PTI) Fundraising through initial public offerings (IPOs) rose to ₹45,350 crore in the first half of 2025, marking a 45 per cent increase from a year ago, despite global trade headwinds, geopolitical conflicts, and macroeconomic concerns. However, the number of IPOs declined to 24 during the period under review from 36 in the January-June period of 2024, indicating a rise in the average size of public issues. Going forward, the IPO market is expected to remain cautiously optimistic in the second half of 2025, supported by robust inflows of domestic investment, positive inve ...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 >
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 >
New Delhi [India], May 28: What happens when Pi Network (PI) market analysis shows stalled momentum and the Shiba Inu (SHIB) trend shift reveals a massive 74% drop in whale activity? Traders start looking elsewhere, and fast. Both coins are holding their ground but not showing the kind of breakout signs needed for big upside in the short term. Meanwhile, one new name is building pressure for a major move: BlockDAG. The most popular cryptocurrency presale right now is entering its final countdown. BDAG Countdown Begins: Special price Ends June 13 as Exchange Listings + Testnet Push Price Rebou ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin (BTC) remains range-bound in the mid-$100,000s, showing no clear directional bias. However, the Hash Ribbons indicator is now flashing a fresh buy signal, suggesting that the top cryptocurrency may be gearing up for its next upward move. According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin's Hash Ribbons are signalling a potential prime buying opportunity for the leading digital asset. This signal coincides with Bitcoin's hashrate reaching n ...Read More >
New Delhi, Jun 8 (PTI) Equity investors would track global market trends, inflation data and trading activity of foreign investors for further cues this week, analysts said. Moreover, progress of monsoon and developments related to trade talks would also be monitored by investors, experts noted. "Going forward, market participants will focus on key macroeconomic data for further cues. High-frequency indicators such as CPI inflation will be closely tracked to gauge demand trends and the central bank's next steps. Additionally, the progress of monsoon and sowing patterns will be monitored due ...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 >
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. 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 >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After reaching a record high of $123,200, Bitcoin is now consolidating around the $118,000 level. Market participants remain on alert as top analyst Darkfost reported a major development involving one of the oldest and most closely watched wallets in crypto history. According to the analyst, the remaining 40,000 BTC -- valued at approximately $4.75 billion -- still held by the 80K Satoshi-era whale have all moved. The shift began last night, signaling renewed activity from the ...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 >
Mumbai: Indian stock markets opened on a positive note Friday, buoyed by optimism over a potential "great" trade deal between India and the United States, as hinted by former US President Donald Trump. Early morning trade saw gains led by PSU banks and IT stocks, with benchmark indices climbing steadily. At 9:15 AM, the BSE Sensex was up 150.40 points or 0.18%, trading at 83,906.27, while the NSE Nifty gained 54.50 points or 0.21% to trade at 25,603. Speaking at the 'Big Beautiful Event' held at the White House, Trump indicated a significant bilateral trade deal with India could soon materia ...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 >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP's price has been showing signs of consolidation in recent days and oscillating between $2.30 and $2.50. The entire crypto market has been relatively steady, and XRP has managed to maintain its footing above $2.20. Despite the slow momentum, a technical analysis shared by the crypto analyst known as ChartNerd on X suggests that XRP could be preparing for a massive breakout that could take it from current levels toward a long-term target above $27. The analysis is supported b ...Read More >
Mumbai, Oct 25 (SocialNews.XYZ) The holiday-truncated week saw festive-driven optimism and upbeat consumer sentiment as it welcomed the Samvat 2082. However, the momentum gradually lost its steam, as geopolitical tensions and profit-taking weighed on investors' confidence. Record festive sales underscored India's surge in consumer demand this season, powered by resilient household spending and GST-driven affordability. PSU banking stocks led the rally, buoyed by news of potential consolidation and better-than-expected results. According to Vinod Nair, Head of Research, Geojit Investments Lt ...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 >
Ahmedabad, June 27: Union Home Minister Amit Shah began his Gujarat visit on a spiritual note early Friday morning by participating in the Mangala Aarti at the historic Shri Jagannathji Temple in Jamalpur, Ahmedabad. The visit coincides with the auspicious occasion of the annual Shri Jagannath Rath Yatra, a major religious event that draws thousands of devotees every year. Arriving at the temple at 3:15 a.m., HM Shah joined in the sacred rituals and offered prayers to Mahaprabhu Jagannath. Sharing his experience on social media platform X, he posted, "On the sacred occasion of Rath Yatra, par ...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 >
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 >
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 >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company's 10% Annualized Organic Yield (AOY) and validator operations underscore Solana's staking advantage over non-yield ...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 >
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 >
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 >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin price started a strong increase and traded above $124,000. BTC is now consolidating gains and might aim for a fresh rally in the short term. Bitcoin price managed to stay above the $120,000 zone and started a fresh increase. BTC settled above the $121,500 resistance zone to start the current move. The bulls were able to pump the price above the $123,500 and $124,000 levels. They even cleared the $125,000 level. A high was formed at $125,670 before there was a minor pul ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In the last week, Bitcoin prices fell from around $115,000 to below $105,000 amid a widespread crypto market correction. According to prominent market analyst Burak Kesmeci, several on-chain developments unfolded during this price decline that are now indicative of the present market and potential price movements. In an X post on October 18, Kesmeci reports that Bitcoin's on-chain landscape has flashed a series of key signals that generally suggest heightened fear and potential ...Read More >