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.
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 Rebound. This is more than just a presale event, it could be the trigger event that sets BDAG on tear when it will eventually list. BDAG will reveal its CEX listings and upgraded testnet, ending the $0.0020 bonus window. Early buyers are already piling in before the reset hits. Special Pricing Ends June 13th: BDAG's Make-or-Break Moment BlockDAG's presale has crossed $273 million, with over 21.3 billion coins sold, locking it in as the most popular cryptocurrency presale right now. But what's turning heads isn't just the numbers, it's what's about to happen. On June 13, BDAG will host its GO LIVE revealing, dropping the full list of 20 exchanges where it will list. Confirmed names so far include MEXC, BitMart, LBank, Coinstore, and XT.com. Until then, BDAG coins are still available at the discounted price of $0.0020. That bonus ends the moment the June 13 announcements go live. From there, prices reset to regular batch rates. With the listing price set at $0.05, buyers entering now are looking at a potential 2520% ROI. This is the final bonus chapter, and it's ticking. The presale isn't all talk. Over 1 million people are mining BDAG with the X1 mobile app. Another 17,000 hardware miners are gearing up to be shipped. BlockDAG also comes with EVM compatibility, a full toolkit for developers, and backing from high-profile deals like its Inter Milan partnership. Everything is in place to support real utility, not just hype. That's why BDAG is being talked about as the most popular cryptocurrency to watch post-launch. It's not just following trends, it's setting one. When the June 13 reset hits, the discount is gone, and the next phase begins. Can the $1 Dream Hold? Latest on the Pi Network (PI) market analysis The Pi Network (PI) market analysis shows the price holding near $0.78, still 27% below the long-awaited $1 mark. Despite a small climb earlier in May, the coin is stuck in neutral territory. The Sharpe Ratio is sitting at -6%, and MACD signals are still flashing red, suggesting bearish pressure hasn't cleared. If momentum fails to shift, PI could retest support near $0.71. Bulls are hoping for a push past $0.87, which could bring the $1 target back into view, especially if Bitcoin hits new highs. Still, the bigger story is the lack of energy. The Pi Network (PI) market analysis confirms the altcoin is caught in limbo, with no major breakout or breakdown. There's no panic, but there's also no hype to fuel demand. Right now, traders are watching but not diving in. Until clearer signals show up, PI holders may continue waiting on the sidelines. Whale Exit or Cooldown? Latest on the Shiba Inu (SHIB) trend shift The Shiba Inu (SHIB) trend shift is getting serious attention after large transaction volume crashed 74%, from 5.76 trillion SHIB on May 20 to just 1.47 trillion on May 25. This kind of drop typically reflects reduced whale activity. But it's not full-on bearish, it could just be a quiet phase as big players wait for stronger market signals. Price is still holding in a consolidation zone between $0.00001388 and $0.00001670, with a mild bounce taking SHIB to $0.0000144 in the last 24 hours. Despite the slowdown, long-term holders haven't flinched. Over 1.13 million wallets have held SHIB for more than a year, and nearly 78% of all holders fall into that group. That level of loyalty is rare in meme coins and shows some holders are here for the long game. Still, unless the Shiba Inu (SHIB) trend shift gets a bullish trigger, the price may stay flat while traders look for more action elsewhere. Summing Up Right now, both Pi Network (PI) market analysis and the Shiba Inu (SHIB) trend shift show signals of hesitation. PI is struggling below $0.80 with no clear breakout in sight, while SHIB's 74% drop in whale activity points to uncertainty despite strong long-term holder loyalty. Neither asset is showing major upside momentum at the moment. That's where BlockDAG changes the script. With over $273 million raised and 21.3 billion coins sold, it's the most popular cryptocurrency presale right now. The BDAG Countdown Begins: Special pricing Ends June 13 as Exchange Listings + Testnet Push Price Rebound. When the GO LIVE reveal drops the list of exchanges and testnet upgrades, the $0.0020 price disappears. The reset begins, and so does the next phase. For anyone watching the market stall elsewhere, BDAG is the one crypto writing its own momentum, and it's doing it fast.
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. 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: The Narcotics Control Bureau (NCB) busted a major darknet-based drug syndicate named Ketamelon, which supplied drugs to distributors and end users across the country. The syndicate shipped LSD to major cities, delivering 600 shipments in 14 months, the probe revealed.The suspects revealed that they sourced the drugs from a UK-based vendor, 'Gunga Din', a known re-shipper of the globally infamous Dr. Seuss (aka DS or Tribe Seuss), believed to be the largest LSD source in the world.The operation resulted in the seizure of 1,127 LSD blots and 131.66 grams of Ketamine, with an estimated ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Strategy, formerly known as MicroStrategy, is on track to report an impressive $14 billion in unrealized gains from its extensive Bitcoin accumulation strategy. Co-founded by Michael Saylor, the company has successfully transformed itself from a struggling enterprise software provider into a leading leveraged Bitcoin proxy, drawing comparisons to major corporate powerhouses such as Amazon and JPMorgan Chase. According to a recent Bloomberg report, Strategy's anticipated profit ...Read More >
Kochi: Edison Babu's neighbours in Muvattupuzha knew him as the quiet engineer who had returned home during the pandemic. The 35-year-old former auto industry professional seemed to lead an unremarkable life in this sleepy Kerala suburb, occasionally visiting the local post office with packages: nothing unusual for someone running what appeared to be a small online business. What they didn't know was that their mild-mannered neighbour had built India's most sophisticated darknet drug empire, one that relied heavily on the very government postal service that was meant to serve the community. ...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 >
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 >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. US regulators and market watchers are eyeing a fresh valuation study that puts XRP on track for a dramatic price surge by 2030. According to Valhil Capital's deep‑dive report, XRP could climb from its current price into a range between $4,813 and $9,000 in just five years. That forecast hinges on a model that treats XRP not only as a quick way to move money but also as a store of value. According to the Athey & Mitchnick Model used by Valhil Capital, XRP's role goes way beyond ...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 >
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 >
Hyderabad: The Hyderabad Cyber Crime Police have apprehended a 29-year-old man from East Godavari, Andhra Pradesh found actively involved in a high-profile movie piracy racket. In a span of one and half year, he has recorded and leaked about 40 movies in various theaters across Hyderabad. Police arrested Jana Kiran Kumar, works as an AC Technician and residing at NGOs Colony, Vanasthalipuram, Ranga Reddy District and native of Andhra Pradesh. According to police, on June 5, police received a complaint from Yarra Manindra Babu, representing the Anti-Video Piracy Cell of the Telugu Film Chambe ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Trump and Musk's most "hot" alliance, the breakup is also the most "hot" and spectacular: on Thursday, the two were almost completely torn apart in a live broadcast similar to a reality show. Musk called him "ungrateful" and Trump described him as "crazy". As soon as the news came out, it immediately caused a sharp drop in the stock and crypto markets. ETHRANSACTION reminds cryptocurrency holders to convert their cryptocurrencies into investment plans as soon as possible (to av ...Read More >
Policy 2 min read Cryptocurrencies hamper financial stability: RBI RBI Governor Sanjay Malhotra expressed concerns about cryptocurrencies, citing potential risks to financial stability and monetary policy. While the Supreme Court urged the Centre to formulate clear regulations, India is currently developing a discussion paper on cryptocurrencies, with an inter-ministerial group examining global norms. Mumbai, RBI Governor Sanjay Malhotra on Friday said the central bank is concerned about cryptoc ...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 >
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 >
DHARMAPURI: For the third time in the past two months, a wild leopard wandered into a private farmland near Valaithottam village near Palacode and hunted chicken raised by a local farmer. Locals are increasingly distressed and urged the forest department to take steps to relocate the leopard. Over the past few months, there have been several reports of leopard sightings in forest areas near Palacode, particularly in Valaithottam village, near the forest's fringe. There have been two instances when the leopard attacked farmlands, taking away a domestic dog and a chicken. On Saturday, the leop ...Read More >
For investors, this means that any profits made from selling cryptocurrencies will now be subject to capital gains tax.Source : Ewan Kennedy/Unsplash The Income Tax Appellate Tribunal (ITAT) in Jodhpur has provided much-needed clarity on the taxation of cryptocurrencies in India. The ruling recognises cryptocurrencies as capital assets, setting a framework for how profits from their sale are taxed, especially for transactions made before the Government introduced specific guidelines for Virtual ...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 >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. As Bitcoin (BTC) continues its steady climb toward its all-time high (ATH) of $111,814 recorded in May 2025, the cryptocurrency is witnessing a notable shift in its holder composition. New on-chain data suggests that BTC "weak hands" are selling their holdings to larger investors. According to a recent Cryptoquant Quicktake post by contributor IT Tech, Bitcoin's supply is moving upstream from retail investors to larger holders. This movement denotes a fundamental shift in the i ...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. 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 >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in the league stage, came away with a third-place finish, after they won 17-12 against the Bengaluru Bra ...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 >
Jindal Worldwide shares, up 400% over five years, remain a promising medium-term investment, according to Anand Rathi Share and Stock Brokers. Despite a recent 38% correction from February's peak of ₹436, the stock shows potential for a 19% upside. The brokerage highlights a double bottom pattern near the 200-day Exponential Moving Average, signaling a bullish trend reversal. Supported by RSI bullish divergence, the stock is poised for a rebound. Trading at ₹325.90 on November 27, investors are advised to maintain a stop-loss at ₹280 to manage risk while capitalizing on the potential upward mo ...Read More >
, /PRNewswire/ -- Canaan Inc . (NASDAQ: NASDAQ:CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conferences in . Canaan's management plans to host one-on-one meetings with institutional investors at the conferences. For more information about the conference or to schedule a one-on-one meeting, please contact your representative at each institution or contact the Company at IR@canaan-creative.com. About Canaan Inc. Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technolo ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Cardano price started a fresh decline from the $0.590 zone. ADA is now consolidating and might attempt a fresh increase above the $0.5820 zone. In the past few sessions, Cardano saw a fresh decline from the $0.590 zone, unlike Bitcoin and Ethereum. ADA declined below the $0.580 level and trimmed most gains. The bears pushed the price below the 50% Fib retracement level of the upward move from the $0.5567 swing low to the $0.5902 high. The price even spiked below the $0.570 sup ...Read More >