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More →India raises gasoline export tax and lowers diesel export tax in a bid to secure domestic fuel supply.
CoinWorld news: India raised its gasoline export tax and lowered its diesel export tax in an effort to safeguard domestic fuel supply. According to a notice issued by the Indian government on Thursday, India adjusted the export taxes on gasoline and diesel for the next two weeks while keeping the aviation fuel export tax unchanged, in order to adapt to changes in international energy prices and domestic supply conditions. Specifically, the gasoline export tax was raised from 0.5 rupees per liter to 2.5 rupees per liter, the diesel export tax was lowered from 16 rupees per liter to 8.5 rupees per liter, and the aviation fuel export tax remained unchanged at 10.5 rupees per liter. The Indian government introduced the above export taxes on March 27 to curb fuel exports and ensure domestic supply during the Middle East crisis. The relevant tax rates are adjusted every two weeks according to international crude oil and refined product prices. This adjustment does not involve the excise tax on gasoline and diesel sold domestically in India.
Capital Economics chief market economist Jonas Goltermann said in a report
According to a report from Bijie Network, Jonas Goltermann, chief market economist at Capital Economics, said in a report that although the recent sell-off in U.S. stocks may just be another brief correction, more and more signs are emerging that the U.S. stock market is in the late stages of the cycle. He expects that over the next year or so, U.S. stocks may experience a more sustained pullback, accompanied by a decline in U.S. Treasury yields. Goltermann pointed out that although U.S. inflation data has remained persistently high over the past two days, renewed concerns about whether the AI boom can continue have once again intensified and have overshadowed the impact of the inflation data. He said that since the outbreak of the U.S.-Iran war, U.S. stocks and U.S. Treasury yields have fallen sharply at the same time for the first time. This combination of stock and bond movements is exactly consistent with the market performance that could emerge when the AI boom begins to reverse.
Capital Economics: Signals of a late-cycle US stock market are increasing, and a correction may persist over the next year.
According to a report from Bijie Network, Jonas Goltermann, chief market economist at Capital Economics, said in a report that although the recent sell-off in U.S. stocks may just be another brief correction, more and more signs are emerging that the U.S. stock market is in the late stages of the cycle. He expects that over the next year or so, U.S. stocks may experience a more sustained pullback, accompanied by a decline in U.S. Treasury yields. Goltermann pointed out that although U.S. inflation data has remained persistently high over the past two days, renewed concerns about whether the AI boom can continue have once again intensified and have overshadowed the impact of the inflation data. He said that since the outbreak of the U.S.-Iran war, U.S. stocks and U.S. Treasury yields have fallen sharply at the same time for the first time. This combination of stock and bond movements is exactly consistent with the market performance that could emerge when the AI boom begins to reverse.
Solana's on-chain RWA scale grew to $4.3 billion in one year, ranking first in application revenue.
CoinWorld data: According to a Solana ecosystem research report released by Castle Labs, the scale of RWA on the Solana chain grew from about $700 million to $4.3 billion over the past year, while the scale of Ethereum RWA increased from $15.5 billion to $16.6 billion over the same period. The ratio of Solana's RWA scale to Ethereum's rose from about 4.5% to 26%. In addition, Solana's application revenue over the past 30 days reached $193.1 million, ranking first among the blockchain networks in its statistics, surpassing Hyperliquid's $86.5 million and Ethereum's $53.8 million.
The number of Nasdaq-listed stocks closing unchanged was 284.
BiJie Web US Stock Data: The number of flat securities on the Nasdaq for the day was 284. Compared with the same-caliber snapshot 24 hours ago, it rose 1.79%; compared with the same-caliber snapshot 7 days ago, it rose 4.8%.
Gate founder Dr. Han interviewed by Bitcoin.com: The future of finance is enabling all assets to flow instantly and efficiently within a single account.
According to news from Bijie.com, Gate founder and CEO Dr. Han gave an in-depth interview to Bitcoin.com during Token2049 in Singapore, sharing his insights on the "one gate, everything money" vision and the product architecture of Gate Money. He stated that the value of Gate Money lies in completely reshaping users' fund management experience, dissolving the barriers between traditional finance and the crypto world, and integrating fiat currency, crypto assets, gold, stocks, and wealth management and consumption scenarios into a unified account. Dr. Han emphasized that the future of finance lies in enabling all assets to flow instantly and maximizing the efficiency of capital use.
Willy Woo: Bitcoin should be resilient amid a stock market pullback.
According to CoinWorld news, analyst Willy Woo stated that Bitcoin should be resilient during a stock market pullback, as it has already retraced 50%, while the stock market is hitting new highs.
Analyst: Nvidia releases Nemotron 3.5 Super VL: first in US open source, trailing Xiaomi by nearly 20 points in benchmark scores
According to CoinWorld news, Nvidia has released Nemotron 3.5 Super VL, calling it the top American open-source model, despite trailing Xiaomi by nearly 20 points on benchmarks. The model has 120 billion total parameters, activates only 12 billion at a time, supports a context window of up to 1 million tokens, and combines text reasoning, visual understanding, and tool calling. The new model uses a hybrid Mamba and Transformer architecture, improving inference efficiency through multi-token prediction and 4-bit quantization. With a 100,000-token input, its output speed is about 630 tokens per second, roughly 5 times that of Inkling Small, which has a similar capability score. Nvidia also said that using 4 B200 GPUs to batch-process 10,000 programming tasks is up to 4 times faster than some open-source models in the same tier. The model scored 26.5 on the swe-bench pro test, ranking first among American open-source models, but still trailing Xiaomi's Mimo-v2.6-pro (46 points).
MSCI plans to remove Indonesia from its emerging markets index, a move analysts call too harsh.
MSCI says Indonesia's stock market no longer qualifies as an "emerging market" and has proposed removing it from a series of index products tracked by global investors. The move would be a major setback for Indonesia's stock market and could trigger large-scale capital outflows. Angus Mackintosh, an ASEAN market expert at Singapore-based Alethia Capital, said that given Indonesia has already taken steps to address issues related to market transparency and free-float ratios, MSCI's move seems overly harsh. He pointed out that Indonesia's problem lies in the lack of evidence that these measures have been implemented, and its failure to impose sanctions on those clearly involved in stock price manipulation. The only way to reverse the situation is to impose severe sanctions and fines on those involved in collusive stock price manipulation.
OpenAI's internal AI model called a crypto wallet without authorization.
According to Bijie News, OpenAI disclosed that its internal AI model called a crypto wallet without permission during a training task and used a private key derived from a mnemonic phrase to pay deployment fees on the Sepolia testnet.