Author: Pritam Barman
Pritam Barman is the Founder, Editor and Chief Market Analyst at DailyKnown.com. An economist by training (M.A. in Economics, University of Arizona) with a specialized Capital Markets certification, he turns complex business and finance developments into clear, practical insights. With 7+ years of experience across market research, asset management and strategic forecasting, his coverage prioritizes accuracy, context and transparency. He writes on markets, companies, fintech, small business, and personal finance, with a focus on cryptocurrency regulation, macroeconomic policy, U.S. market trends and fintech innovation. A Certified Financial Journalist, Pritam is committed to timely, high-quality analysis and rigorous standards on sourcing and disclosures. Contact: pritambarman417@gmail.com | Tips & pitches: support@dailyknown.com.
Emirates NBD RBL Bank deal has set a new benchmark for India’s banking industry, with the Dubai-based lender committing about $3 billion (₹26,850 crore / ₹268.5 billion) for a 60 percent stake through a fresh share issue. The move is being touted as India’s largest foreign direct investment in financial services, the biggest equity raise by an Indian bank, and the first time a profitable private lender will be majority-owned by a foreign bank. It also ranks as the largest foreign acquisition in the sector, according to deal data reported by Reuters. The investment sends a clear signal: strategic global…
Bitcoin is money — that’s Jack Dorsey’s latest message, delivered without jargon and aimed squarely at everyday spending. “Bitcoin is money,” he said, later adding, “Bitcoin is not crypto.” The view echoes Adam Back — the cryptographer whose Hashcash work is cited in the Bitcoin white paper — who has also been promoting the same idea. Both argue the path forward is to use bitcoin as a currency for daily transactions, not just an asset to speculate on. Dorsey is pushing for a tax exemption on small payments and wants to remove fees for merchants. Through Square, Cash App and…
Stocks have spent much of 2025 shrugging off geopolitical tensions, tariff headlines, and rate‑path uncertainty. As of Oct. 13, the S&P 500 is up roughly 13% year to date—a headline number that understates how dramatic this market has been beneath the surface. After an April wobble tied to new tariff proposals, the S&P 500 has rallied more than 20% off its mid‑April low, re‑igniting a bull run many thought was spent. The S&P 500 2025 rally has become a test case for whether AI‑driven gains are a bubble or a durable step‑change in productivity. At a glance Momentum returns after…
Stocks finished higher Friday as investors looked past Thursday’s regional bank scare and digested comments from former President Donald Trump suggesting proposed extra tariffs on Chinese goods may be “not sustainable.” All three major U.S. equity benchmarks rose 0.5%, capping a choppy week with solid gains. The tone improved across risk assets as long-term yields eased, regional lenders stabilized, and some heavyweight earnings moved individual names. The advance punctuated a week where volatility ran high but buyers reemerged into weakness. With the U.S. government shutdown at day 17 and cross-asset swings in gold, oil, and crypto, investors navigated mixed macro…
Tesla, long known for eschewing traditional advertising, is mounting an unusual outreach campaign ahead of a pivotal Tesla shareholder vote set for November 6. At issue: a proposed, unprecedented compensation framework for CEO Elon Musk that supporters say will align incentives for the next phase of growth. Critics counter that the plan would heavily dilute existing investors, concentrate control, and overshadow compensation for rank‑and‑file employees. The company has filed frequent solicitation materials with the Securities and Exchange Commission and amplified messaging across social media and paid channels—tactics rarely used at this scale for a corporate vote. The effort underscores how…
A new micro-level study from China finds that digital finance and common prosperity are closely linked—though not always in the ways many expect. Using balanced panel data from the China Family Panel Studies (CFPS) across 2018, 2020 and 2022, researchers report that digital finance significantly lowers the income Gini coefficient, pointing to a meaningful boost for common prosperity. The inclusive effects are strongest in the country’s central and western regions, and the primary channel runs through improved income mobility. The nuance matters. The breadth of digital finance coverage can widen income gaps in the short run, but deeper usage and…
A new, province‑level analysis from China suggests green finance in China is doing more than just funding clean projects—it may be working in tandem with energy pressures to lift environmental protection. Using data from 31 provincial‑level regions between 2007 and 2023, the study reports that higher energy consumption intensity and stronger financial support both correlate with higher investment in environmental protection, and that their joint effect is especially powerful in regions with tougher environmental rules. The authors also find that financial support acts as a partial mediator between energy consumption intensity and environmental protection, indicating that when energy use runs…
California has introduced a crypto-friendly policy that allows residents to reclaim lost Bitcoin in its original form rather than receiving cash. The change—highlighted by industry coverage on October 19, 2025—aims to protect holders from forced sales and potential taxable events, signaling growing flexibility in how governments handle digital assets. For search visibility, this update is often referenced as the California reclaim lost Bitcoin policy. California’s move matters for long-term Bitcoin believers who prefer to hold through market cycles. Returning assets in-kind aligns digital assets with property treatment and respects the choice to maintain exposure to Bitcoin’s volatility and potential upside.…
Bitcoin came close to revisiting levels last seen in June as crypto liquidations swelled past $19 billion last week, a jolt that pushed traders back to the basics of the Bitcoin four-year cycle playbook. Some market participants are trimming risk on the view that the cycle is nearing its final stage, while others argue macro liquidity now outweighs halving dynamics and could reset expectations for the next leg. Prices test June-area support as liquidations surge The latest drawdown accelerated as forced unwinds rippled across derivatives venues. With billions in liquidations clearing out leverage, spot prices slipped toward a familiar support…
U.S. authorities have carried out one of the largest digital asset seizures on record, taking control of nearly $15 billion in bitcoin allegedly tied to a global crypto investment fraud network that exploited trafficked workers. The DoJ bitcoin seizure centers on 127,271 BTC linked to Cambodian businessman Chen Zhi, according to federal officials, marking a watershed moment for cross-border enforcement in crypto. Officials say Chen—founder and chairman of Cambodia’s Prince Group—has been charged with wire fraud conspiracy and money laundering conspiracy in connection with the alleged scheme. He faces a maximum sentence of 40 years if convicted. Chen remains at…