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Bitcoin’s Sharp Drop – What Happened?

Bitcoin’s Sharp Drop – What Happened?

urja | February 6, 2026 | 2:29 pm | Business, In The News

Bitcoin just suffered its biggest one-day fall since 2024, with prices plunging sharply amid broad market sell-offs and rising risk aversion. Heavy liquidations, outflows from institutional ETFs, and weakening tech stocks pushed crypto sentiment into “fear,” driving rapid price declines and wiping out billions in market value.

Speed Meets Style: ZILO’s Big Funding Boost

Speed Meets Style: ZILO’s Big Funding Boost

urja | February 5, 2026 | 5:54 pm | Business

Fashion quick-commerce startup ZILO has secured $15.3 million in a Series A funding round led by Peak XV Partners. The fresh capital will help the company scale operations, strengthen its supply chain, and accelerate rapid fashion deliveries across key markets.

Can Asda Reclaim Its Spark?

Can Asda Reclaim Its Spark?

urja | February 1, 2026 | 3:11 pm | Business

UK supermarket Asda has been struggling with falling sales, low customer satisfaction, and lost market share as discounters and rivals outperform it. The retailer’s turnaround plan—including major price cuts and leadership changes—faces setbacks from IT problems, debt pressures, and customer concerns, making revival an uphill battle.

Gold Price Snapshot – Republic Day 2026

Gold Price Snapshot – Republic Day 2026

urja | January 26, 2026 | 2:47 pm | Business, In The News

On January 26, 2026, gold rates in India stayed elevated. In major cities, 22-carat gold was around ₹1,60,000 per 10 g and 24-carat hovered near ₹147,000 per 10 g, with slight differences across locations. Prices reflect steady bullion demand amid wider market trends.

Korea Steps In to Steady the Won

Korea Steps In to Steady the Won

urja | December 31, 2025 | 2:46 pm | Business

The Bank of Korea disclosed that it sold a net $1.745 billion in foreign currency during the third quarter as part of its market intervention efforts. The move aimed to curb excessive volatility in the won amid global uncertainty and shifting capital flows.