A fairly popular altcoin, Ripple, also referred to by its code XRP, has come under sharp selling pressure, sliding to around $1.86 as investors begin to redeem their investments in line with the declining interest in cryptocurrencies. According to crypto market data, XRP has lost momentum after failing to sustain its gains beyond the $2 mark earlier in December 2025. Analysts have noticed that once the crucial support levels give way, many investors choose to sell their shares for the short term. The pullback comes at a time when there seem to be no positive triggers in sight, with almost…
Author: Abizar Attari
Abizar Attari
Abizar has been writing before AI started to take over your lives! His expertise lies in analysing diverse perspectives and simplifying them for laymen. Beyond writing, storytelling and editing, he enjoys running, learning and enjoying the outdoors.
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Singapore: Mark Zuckerberg-led Meta Platforms has acquired general purpose AI agent developer Manus, as part of the company’s plans to aggressively invest into artificial intelligence. The startup, founded in China, is now based in Singapore, becoming one of the hottest startups in the AI realm. In a move that has raised eyebrows, the startup has claimed to scale to more than $100 million in revenue within just eight months, an unprecedented scale-up that has defied expectations. Mark Zuckerberg has been aggressively scaling up his AI capabilities lately, first acquiring a 49% stake in data labelling startup Scale AI for $14.3…
New Delhi: The Department of Telecommunications (DoT) has released the National Frequency Allocation Plan (NFAP) 2025, a policy document recognising and enabling advanced spectrum requirements for next-generation telecom, satellite and digital connectivity services in India. The policy document lays out a comprehensive roadmap for the use and allocation of next generation radio frequencies, identifying spectrum bands for commercial telecommunications, defence, broadcasting, satellite communications, navigation and emerging technologies. This framework, to be in immediate effect, aligns India’s spectrum strategy with the global best practices. According to the DoT, the NFAP 2025 will support the rollout and expansion of 5G, 5G advanced…
New Delhi: India’s petrochemical sector is expected to witness a steady demand growth of 6-7% annually, from the current levels of about 27 million tonnes in 2025, according a report by CareEdge ratings. Of this, about 8.9 million tonnes were imported, mostly for PVC, Polypropylene and Polyethene. To address this, domestic petrochemical players are ramping up capacity, with polypropylene capacity set to increase by 1.8 times till FY30, catering to a projected demand of about 1.4 times during the same period. However, domestic players could face competition from cheaper imports from China, which is also expanding its production capacities. This…
New Delhi: MapmyIndia, the homegrown competitor to Google Maps, has upgraded is flagship Mappls navigation app to include public transport and multimodal route data across urban areas, strengthening its offerings. The enhanced Mappls app now provides a comprehensive and detailed multimodal mobility platform bringing together private and public transport data on a fully indigenous map and navigation app. Despite competition from Google’s fairly reliable Google Maps platform, the Mappls app stands out for its highly detailed maps, locating various landmarks that Google Maps may have missed. Currently, the Mappls navigation app includes public transport data for select cities including Mumbai,…
Bengaluru: Ola Electric, one of India’s leading EV players, has received approval for its newly launched Roadster X+(9.1 kWh variant) e-bike from the International Centre for Automotive Technology (ICAT), Manesar, a government vehicle testing agency. Following this, the company is now expected to begin deliveries of these bikes, marking a significant milestone for the domestic EV maker. The bike is powered by Ola’s indigenously developed 4680 Bharat Cell battery pack, developed in-house by Ola’s R&D team. These battery packs are aligned to India’s specific driving conditions, especially in rural and semi-urban areas. The company is also using this technology for…
Mumbai: Quick Commerce player Zepto is gearing up for its ₹11,000 Initial Public Offering (IPO) as the company looks to raise funds to sustain its presence in the crowded, highly competitive quick commerce (q commerce) space in India. According to widely reported sources, Zepto has filed its IPO confidentially with SEBI, with a targeted IPO scheduled sometime next year. If the listing goes through, Zepto will join its main rivals, Eternal-owned Blinkit and Swiggy, which are already listed on the bourses. Though Zepto has managed to capture almost one-third of the Q-commerce market after Blinkit, the company hasn’t been able…
Ahmedabad: Silver Touch Technologies has been awarded a contract to modernize the Indian Navy’s digital infrastructure under its IPADSV2 initiative, the company said in a press release to the BSE. Under the contract, the company will streamline and transform the Indian Navy’s digital presence, to drive automation, operational efficiency and boost digital governance. The Ahmedabad based IT company will work with the Navy to boost its capabilities in- Centralized Personnel Management Workflow-driven Leave & Travel Authorizations Asset Lifecycle & Inventory Management Real-time MIS & Dashboard Reporting Integration with internal and external Navy systems Role-based Secure Access Controls Document Management &…
New Delhi: The proposed amendments to India’s Insolvency and Bankruptcy Code (IBC) are expected to help shorten resolution timelines and improve recovery rates, but they still don’t address long standing challenges related to the real estate sector, rating agency ICRA said. The suggested changes offer greater flexibility in resolution plans and procedural streamlining, helping creditors reduce the delays that are a regular feature of insolvency proceedings. Though ICRA expects these recommendations made by the Lok Sabha Select Committee (SCLB) and the Ministry of Corporate Affairs (MCA) to strengthen the nine-year-old IBC framework, the reforms are expected to be limited mostly…
Mumbai: The surging demand for copper has helped domestic Copper producer Hindustan Copper Ltd to rise more than 45% in December, as the surging rally in global copper prices has triggered renewed investor interest in commodity stocks. Refined copper is critical for the power, infrastructure, EV and increasingly AI-led data center requirements, as surging demand has resulted in the commodity rising almost 40% this year, with prices expected to touch $13,500 soon. Hindustan Copper is well known as India’s only vertically integrated copper producer, with the PSU responsible for key mining leases and the refining process. The recent rally has…
