India has signed free trade agreements with the United Arab Emirates (UAE) and Australia on the trot, breaking a dry spell for such pacts that lasted years, and is working to conclude similar arrangements with the UK, the European Union (EU), Israel and Canada.India entered the post-Covid-19 era with two major free trade agreements (FTAs).…Continue Reading

Couple Behind India’s Indigenous Covid Vaccine Gets Padma Bhushan

Dr Krishna Ella and Suchitra Ella, the couple behind Bharat Biotech, which developed India’s first indigenous vaccine for Covid-19, have been awarded Padma Bhushan, the third highest civilian award in the country.The award for co-founders of the Hyderabad-based company was announced on the eve of 73rd Republic Day.Dr Krishna Ella is the Chairman and Managing…Continue Reading

Behind Bitcoin’s rut: Sagging volumes, fading animal spirits

SynopsisThe world’s largest cryptocurrency has been languishing around $47,000, well below early November’s highs of nearly $69,000. A look under the hood helps explain why: Trading volumes have dried up, futures open interest is plunging and the number of active addresses has stalled out.AgenciesThe futures market tells a similar story. After spiking to an all-time…Continue Reading