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Bitcoin crash: Price tumbles near $80,000; corporate crypto holdings hit hard

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Bitcoin and ether experienced sharp declines, with bitcoin closing at $80,553 and ether hitting a four-month low. This sell-off in riskier assets is attributed to investor concerns over expensive tech stocks and uncertainty regarding US interest rate decisions. Analysts warn that a drop below $80,000 could trigger further significant losses for bitcoin. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/l0v1jtn >
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'Richest, strongest US has ever been': Donald Trump backs tariff push; takes dig at 'sleepy' Joe Biden

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US President Donald Trump is reiterating his support for his tariff policy. He claims these tariffs are bringing in trillions of dollars for America. Trump also asserts that his tariff threats have prevented eight wars. He criticises opponents and foreign governments, stating tariffs are crucial for US economic and security strength. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/9NynTiK >
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Markets reforms: Govt to table Securities Markets Code Bill in Winter session; unified law to merge Sebi, Depositories & trading Acts

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The Securities Markets Code Bill 2025 is slated for introduction in Parliament's Winter session, aiming to streamline India's financial markets by merging key securities laws into a single code. This unified legislation, first proposed in the Union Budget 2021-22, is expected to reduce compliance costs and regulatory friction. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/8DkRgjy >
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Rs 10k crore: Cost of health cover fraud

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India's health insurance system is losing ₹8,000-10,000 crore annually due to fraud and waste, a BCG-Medi Assist report reveals. This impacts premiums and public funds, with reimbursement claims showing significantly higher fraud rates. The report advocates for AI-driven oversight and faster data sharing to combat this systemic issue and ensure accessible, affordable healthcare. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/KPYBOpr >
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Kotak Mahindra stock split: Bank announces 1:5 share split; aims to boost liquidity- what you need to know

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Kotak Mahindra Bank's board has approved a 1:5 equity share sub-division to enhance affordability and market liquidity. This decision, made on the bank's 40th foundation day, aims to encourage broader investor participation. The move, subject to regulatory approvals, will split Rs 5 face value shares into five Rs 1 shares. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/AQnhpTD >
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TCS taps $1bn from PE fund TPG to build AI data centres

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/3msuG5J >
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Steel sector norms: Government extends exemption from quality compliance; here's the next deadline

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The Centre has extended the quality enforcement timeline for specific steel and stainless-steel imports until March 2026. This move aims to prevent supply disruptions of specialized steel grades not yet produced domestically in sufficient quantities. The government also simplified import procedures for steel grades not covered by existing Quality Control Orders. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/sLZkJ1h >
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