Download Unicorn Signals App

By EquityPandit

BUSINESS

Graff Diamonds to Pay $7.5 Million in Bitcoin to Russian Hacking Gang

According to the London lawsuit, Graff Diamonds Corporation has to pay $7.5 million in Bitcoin to the Hacking gang from Russia after they leaked all the data related to the jeweller’s high-profile clients.
According to the client, Graff counts as Middle East royalty which sued its insurer for losses over the extortion, stating that the payment should be covered under this policy. Traveller Companies Inc is denied to pay the jeweller caused of the Bitcoin ransom.
In Sep 2021, the ransomware group attacked as the data leaked about Saudi, Qatar and UAE royal families. Conti apologised to them in an unusual move for a hacking group. However, he also threatened to leak more of Graff’s data.
“Our goal is to publish as much Graff’s information as possible regarding the financial declarations made by the US-UK-EU neo-liberal plutocracy, which engages in obnoxiously expensive purchases when their nations are crumbling under economic duress,” the group said.
Graff’s offered half their starting demand of $15 million to a Bitcoin wallet as of November 3 of last year to stop more of its data from being published.

The payment of Graff’s would have been worth 118 Bitcoin on November 4; 118 Bitcoin was worth a much-lower $2.3 million.

“The criminals threatened targeted publication of our customer’s private purchases,” a Graff spokesperson said. “We were determined to take all possible steps to protect their interests and negotiated a payment which successfully neutralised that threat.”

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
ECONOMY

Cabinet approves Rs 6,839 crore for Vibrant Villages Programme-II to boost border development

Dhruva Kulkarni

The Union Cabinet, led by PM Modi, approved the second phase of the Vibrant Villages Programme (VVP-II) with an outlay of Rs 6,839 crore.

The programme will run until FY 2028-29, covering strategic villages in 18 states and UTs, excluding those on the India-China border.

Union Minister Ashwini Vaishnav emphasised developing and securing border villages to prevent migration and strategic risks.

Phase 1 covered 700 villages, while Phase 2 aimed to reach 2,000 villages with essential infrastructure and connectivity.

Key objectives include improving roads, electricity, water, internet, healthcare, education, and employment opportunities.

Developments under the scheme include better roads, 24×7 electricity, digital connectivity, schools, healthcare centres, tourism promotion, and skill training.

Got Stock-Related Questions? The Analyst is Ready.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

ECONOMY

Trump’s Tariff Move a Wake-Up Call for Indian Manufacturing: PwC India

Dhruva Kulkarni

The latest US tariffs may not directly impact India. Still, they serve as a wake-up call for Indian manufacturers to enhance efficiency and scale, says PwC India Chairman Sanjeev Krishan.

US President Donald Trump has announced new tariffs, including a 10% baseline levy on all imports, a 34% duty on Chinese goods, and a 27% tariff on Indian exports.

Krishan stressed that while India is affected, the key is to focus on long-term competitiveness rather than relying on others facing higher tariffs. He emphasised the need for greater efficiency, stating, “Big can be beautiful and big can be better.”

Amitendu Palit, Senior Research Fellow at the National University of Singapore, warned of indirect consequences such as slower US growth and disruptions in global supply chains that could impact demand and exports.

He also cautioned that the US may use tariffs as leverage in trade negotiations, putting pressure on India in areas like quality control, currency practices, and government procurement.

Stocks Insights? Let the Analyst Guide You.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

ECONOMY

India’s Manufacturing PMI Hits 8-Month High at 58.1 in March

Dhruva Kulkarni

India’s manufacturing activity surged in March 2025 as the PMI climbed to 58.1, marking an eight-month high and signalling a strong recovery.

New orders hit their highest level since July 2024, driven by strong customer interest, favourable demand, and effective marketing.

Production expanded sharply, though international sales growth slowed to a three-month low, with exports rising in Asia, Europe, and the Middle East.

Finished goods inventories saw their steepest decline over three years, prompting firms to boost input purchases at the fastest rate in seven months.

Supply chains remained stable, with lead times improving for the thirteenth straight month, while input costs rose due to higher prices of copper, electronics, leather, LPG, and rubber.

Hiring increased steadily, though capacity pressures limited job growth. Manufacturers remained optimistic about future output, supported by strong demand and pending projects.

Wondering About Any Stock? The Analyst Has Answers.

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!

ECONOMY

US slams high India duties on farm goods before 2nd April tariffs

Dhruva Kulkarni

The Donald Trump administration has raised concerns over India’s high tariffs on American farm goods just days before reciprocal duties take effect, increasing pressure on India to ease restrictions in its agriculture sector.

The White House criticised India’s 100% tariff on American farm products, pointing to similar trade barriers in the EU, Japan, and Canada.

A US report highlighted India’s 39% tariff on agricultural imports—eight times the US rate—covering items like apples, corn, and coffee. It also noted non-tariff barriers such as import bans and licensing requirements.

Despite opposition from Indian farmers to free trade deals, New Delhi is considering lowering tariffs on select US agricultural products.

India has already reduced duties on bourbon whiskey and high-end motorcycles, with both nations aiming for a trade deal by October or November.

Stock Insights? Let the Analyst Guide You.

Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!

ECONOMY

Provident Fund Update: Govt Raises Auto-Settlement Limit to ₹5 Lakh for 7.5 Crore Indians

Dhruva Kulkarni

EPFO is set to enhance the auto settlement limit for advance claims from Rs 1 lakh to Rs 5 lakh, pending final approval from the Central Board of Trustees (CBT), benefiting 7.5 crore members.

The auto-mode claim settlement, introduced in April 2020 for illness, now covers education, marriage, and housing, with claims processed within three days.

In the current financial year, EPFO has settled a record 2.16 crore auto-claims as of 6th March 2025, up from 89.52 lakh in 2023-24. The rejection rate dropped to 30% from 50% last year, while validation formalities have been reduced from 27 to 18, with plans to cut them to six.

The process is now IT-driven, eliminating human intervention and reducing claim settlement time from 10 days to 3-4 days.

EPFO will also introduce UPI-based PF withdrawals by May or June 2025, potentially benefiting other schemes like the General Provident Fund (GPF) and Public Provident Fund (PPF).

Navigate Stocks Like a Pro. Ask the Analyst.

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!

Latest
IPO
Weekly
Outlook

Stock
Market
Prediction