Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused billions of dollars in losses, in what prosecutors have called an “epic” fraud. He entered his plea in Manhattan federal court where he faces eight criminal counts, includingContinue Reading
Opening bell: Sensex opens in red at 61,057; Nifty at 18,166 ABOUT THE AUTHOR Follow the latest breaking news and developments from India and around the world with Hindustan Times’ newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs,Continue Reading
The rupee appreciated 9 paise to 82.69 against the US dollar in early trade on Tuesday, as crude oil price retreated from its elevated levels. Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit openedContinue Reading
PTI | | Posted by Yagya Sharma Online food delivery platform Zomato Ltd said its Co-founder and Chief Technology Officer Gunjan Patidar resigned from the post on Monday. Patidar was one of the first few employees of Zomato and built the core tech systems for the company, it said inContinue Reading
India’s manufacturing sector activity rose to a 13-month high in December, supported by healthy inflows of new business and strong demand conditions, according to a monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 57.8 in December, up from 55.7 in November, as businessContinue Reading
Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors Reliance Industries and ICICI Bank amid a firm trend in European markets. The 30-share BSE Sensex climbed 327.05 points or 0.54 per centContinue Reading
Business tycoon Harsh Goenka on Sunday shared his seven New Year resolutions as India and the world welcomed 2023. The famous belief about New Year resolutions is they make for the most important list on the first day of the year but people often forget to go back to theContinue Reading
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakening activity, the head of the International Monetary Fund said on Sunday. The new year is going to beContinue Reading
A data breach at Toyota Motor’s Indian business might have exposed some customers’ personal information, it said on Sunday. Toyota India said it has notified the relevant Indian authorities of the data breach at Toyota Kirloskar Motor, a joint venture with Indian conglomerate Kirloskar Group. Also Read | Waiting periodContinue Reading
On the very first day of the new year, oil marketing companies (OMCs) have hiked the rates of liquefied petroleum gas (LPG) cylinders, by up to ₹25. However, prices have been raised only for the 19 kg commercial cylinder, while those of the 14.2 kg domestic ones remain unchanged. Previously,Continue Reading