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TronWeekly

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Early Bitcoin Solaris Investors See 400% Returns While Bitcoin Holders Watch From Sidelines

  • Bitcoin holders are witnessing Bitcoin Solaris (BTC-S) early adopters earning 400% returns by mining from their phones while BTC holders wait for price changes.
  • Bitcoin Solaris is designed with a dual-layer approach for security and speed, offering 10,000 transactions per second, 2-second finality, and 99.95% less energy use than Bitcoin.
  • The Solaris Nova App turns smartphones into mining rigs, generating daily BTC-S rewards with no delays, gas fees, or complex setup, leading to substantial financial gains.
  • Bitcoin Solaris is in a fast-paced presale with a current token price of $3, projected to reach $20 at launch, attracting over 8,900 users and offering up to 75% bonus BTC-S tokens for new purchases in Phase 3.

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HinduBusinessLine

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Prescribing a healthy way to wealth

  • The assets under management (AUM) in Indian mutual funds have crossed Rs 65 lakh crore, with over 10 crore systematic investment plan (SIP) accounts in operation, indicating significant financial participation by ordinary citizens.
  • The book 'The Health and Wealth Paradox' by Ankush Datar and Mihir Patki emphasizes the importance of financial literacy and the correlation between wealth and health in today's economic landscape.
  • The authors simplify complex financial concepts in the book, such as the power of compounding and delayed gratification, with relatable insights and anecdotes from figures like Isaac Newton and Rakesh Jhunjhunwala.
  • The Health and Wealth Paradox offers enduring principles and a holistic view of success in personal finance, making it a valuable resource for young professionals, new investors, and seasoned savers.

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Bloomberg Quint

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Mumbai Metro Seeks Extortionate Rent For Providing Mobile Connectivity To Commuters, Says Cellular Operators

  • The Cellular Operators Association of India accused the Mumbai Metro of trying to extract monopolistic and extortionate rents for providing mobile network connectivity to commuters through a third-party vendor.
  • The association highlighted that denying Right of Way to Telecom Service Providers in public places goes against the new Telecommunication Act and Right of Way Rules.
  • Service providers offered to provide mobile connectivity inside the Metro free of cost until commercial terms could be agreed upon, but Mumbai Metro ignored this proposal.
  • The industry is addressing the issue of such monopolies being created and refusing to pay extortionate rates for mobile network infrastructure inside the Metro.

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HinduBusinessLine

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AI-enabled white goods with smart features gain traction

  • AI-enabled white goods with smart features are gaining traction in the market, with brands incorporating AI-tech features in air conditioners, refrigerators, and washing machines.
  • Manufacturers are using AI technology in white goods to improve efficiency and optimize machine performance, leading to enhanced user experience.
  • Consumer durables like Smart TVs are witnessing significant growth in demand, driven by features such as AI-powered voice assistance, content recommendation, and personalization.
  • Television makers are observing increased interest in QLED TVs equipped with AI capabilities, leveraging AI chipsets for better picture and sound quality, voice interaction, and smart home connectivity.

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HinduBusinessLine

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Flying schools to be graded for safety, operations soon

  • DGCA is planning to grade flying schools based on parameters such as aircraft utilization, safety records, and operational aspects.
  • Schools are required to update their websites with relevant information to help cadets make informed decisions.
  • India is anticipated to need 20,000 pilots in the near future due to airlines placing large aircraft orders.
  • Flying schools have raised concerns over the ranking system proposed by DGCA and suggested categorization with standards instead.

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HinduBusinessLine

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India to be focused on avoiding US reciprocal tariffs in ongoing Ministerial meetings

  • India is aiming to avoid US reciprocal tariffs in the ongoing Ministerial meetings, with concerns about the inflexibility of the Trump administration on the existing 10 per cent baseline tariff.
  • Indian exporters are eager for a rollback of the 10 per cent baseline tariff, especially affecting MSME units, as they face difficulties without bargaining power or financial reserves.
  • Commerce Minister Goyal is engaged in discussions with US representatives regarding the Bilateral Trade Agreement (BTA), with expectations of an imminent limited trade deal announcement.
  • India is facing pressure to reduce tariffs on certain products in exchange for tariff concessions to the US, drawing parallels to the challenges seen in US-UK trade negotiations.

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TronWeekly

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Solana Price Update: Bullish Price Targets, Sui and Remittix Competition Impact

  • Solana experienced a solid price run from $133 to $184, sparking speculation of breaking $200 and reaching new all-time highs.
  • Remittix's presale has raised over $15 million, showcasing potential for significant growth with its innovative PayFi utility.
  • Solana is aiming for a price surge towards $200, but faces stiff competition from other projects like Remittix, which offers a revolutionary payment solution.
  • While Solana faces challenges like diminishing returns and increased competition, Remittix is seen as a strong contender for outperforming big-cap competitors in terms of gains.

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HinduBusinessLine

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India-Bangladesh garment trade hit: How the last truck came in through Petrapole minutes before restrictions kicked in 

  • India imposed restrictions on certain exports from Bangladesh, affecting the garment trade between the two countries.
  • The last truck carrying readymade garments worth ₹12-15 lakh for Reliance Retail India crossed into India through Petrapole before the restrictions were implemented.
  • Approximately 30% of land-based trade between India and Bangladesh is accounted for by Petrapole, the largest land port in South Asia.
  • Import items affected by the restrictions include briefcases, jute yarns, hydrogen peroxide, bags, cotton rags, etc. Re-routing shipments through sea ports like Kolkata and Mumbai is being considered, but it would lead to cost escalation for importers.

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HinduBusinessLine

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Morning dopamine, no extreme diets, and a nighttime whodunnit 

  • Fitness routine includes weightlifting for an hour and cardio exercises for 30 minutes to aid mental clarity.
  • No extreme diets followed. Focus on protein-rich foods like chicken, paneer, and soya for muscle building. Calorie intake managed through two meals a day and 16-hour intermittent fasting.
  • Enjoys listening to music like Rishab Rikhiram Sharma's 'Sitar for Mental Health' while heading home.
  • Nighttime routine involves walking, followed by at least 30 minutes of reading a fiction novel, usually a whodunnit.

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HinduBusinessLine

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Used cars on speed track as new car buyers stall on affordability

  • Affordability is becoming a major hurdle for new car buyers due to the nearly doubled average cost of new vehicles over the past decade.
  • The used car segment is growing at 10–12% annually, appealing due to affordability, flexibility, and wider access to financing.
  • Affordability remains a primary decision factor, with vehicles priced under ₹5 lakh dominating demand, especially among first-time buyers.
  • India's used car market is projected to reach $40 billion by FY26, with affordable hatchbacks and compact SUVs being popular choices, driven by younger cars entering the resale market and improved credit accessibility.

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HinduBusinessLine

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Craftsman Automation plans ₹750–800 cr capex in FY26

  • Craftsman Automation plans to allocate ₹750–800 crore in capex for FY26, with investments primarily in subsidiaries Sunbeam and DR Axion.
  • Despite global uncertainties, the company aims for a top line of ₹7,000 crore and EBITDA of ₹1,100 crore in FY26, building on its strong performance in FY25.
  • Analysts predict robust growth across key business segments for Craftsman Automation in FY26, with double-digit revenue growth expected in the powertrain segment and significant revenue generation in subsidiary Sunbeam.
  • The standalone aluminium business is set to grow at a 20% compound annual growth rate, while DR Axion and storage solutions segments are also expected to see healthy growth in the coming years.

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HinduBusinessLine

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Greenlighting the world’s first low-carbon COPD inhaler

  • Trixeo Aerosphere, a COPD inhaler, has been approved with a low-carbon propellant to reduce greenhouse gas emissions.
  • The new version of Trixeo Aerosphere uses HFO-1234ze(E) as a propellant, replacing the conventional HFA-134a propellant.
  • This low-carbon COPD inhaler will be available in the UK in the latter half of the year, alongside the current version for patients.
  • The approval aims to offer a widely used COPD treatment with a lower carbon footprint, supporting environmental sustainability without compromising safety or quality.

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TronWeekly

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Cardano Price Will Take Time Before Exploding Into Life, These 2 Altcoins May Offer Gains Sooner

  • Cardano's price is lagging as it focuses on building its ecosystem and implementing upgrades.
  • Pepe has shown a significant 148% increase in its price over the past few months, attracting attention and investment.
  • Remittix aims to revolutionize cross-border payments by offering a crypto-to-fiat bridge, attracting investors and raising over $15 million in its presale.
  • While Cardano remains a promising long-term project, Pepe and Remittix are seen as offering potentially quicker gains in the current market.

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Guardian

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Investors await clues on fallout from M&S cyber-attack

  • Marks & Spencer is expected to provide more details on the impact of a recent cyber-attack, which forced the retailer to halt online operations and affected some in-store availability.
  • The financial results for the year up to March 29 will be released this week, with focus on the aftermath of the cyber-attack and its implications on the company's finances, particularly online clothing and home sales.
  • Analysts estimate the cyber-attack could cost M&S around £200m for the 2025/26 financial year, with potential insurance payouts expected to offset part of this cost.
  • Investors are keen to learn if M&S will provide financial guidance for the future or increase its shareholder dividend, as the cyber-attack has led to a significant drop in the company's market value.

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HinduBusinessLine

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Post-Covid slowing of progress in global health   

  • Global life expectancy fell by 1.8 years between 2019-2021, the largest drop in recent history, due to the impact of Covid-19.
  • Increased levels of anxiety and depression linked to Covid-19 reduced global healthy life expectancy by six weeks, erasing gains from lower mortality due to non-communicable diseases.
  • The World Health Organization warns that urgent global action is needed as overall progress in global health is under threat.
  • Failure to meet 2030 targets could lead to an additional 700,000 maternal deaths and 8 million under-five deaths between 2024 and 2030, according to the WHO.

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