Latest news with #DCA
The Hindu
19 hours ago
- The Hindu
Counterfeit cholesterol drugs worth ₹3 lakh seized in raids at Koti
Officials from the Drugs Control Administration (DCA) carried out raids on multiple pharmaceutical dealers in Koti, Hyderabad and uncovered counterfeit stocks of the cholesterol-lowering medications Rosuvas F 20 and Rosuvas F 10. These drugs are prescribed to lower cholesterol and triglyceride levels and prevent heart-related ailments. The spurious drugs were being circulated in the open market under the guise of legitimate products manufactured by Sun Pharmaceutical Industries Limited. During the inspections on Thursday, DCA's special enforcement team raided two outlets, Ganga Pharma Distributors and Sri Nandini Pharma, and seized fake batches of the medicine, both falsely labelled as being manufactured in December 2024 and set to expire in May 2027. The counterfeit packaging claimed Sun Pharma's Sikkim unit as the manufacturing site, said a release. The estimated value of the seized counterfeit medicines is ₹3 lakh. Upon verification, Sun Pharmaceutical Industries Limited confirmed to the authorities that the seized stocks were not genuine and had not been produced by their company. Officials stated that a detailed investigation is underway to trace the entire supply chain of the counterfeit products and that legal action will be initiated against all those found responsible.
Yahoo
a day ago
- Business
- Yahoo
Bitcoin 'Accumulator' Better Fit for Corporates Than Dollar-Cost Averaging Strategy, Research Suggests
Corporate adoption of bitcoin BTC is well-known, and most of it involves a classic buy-and-hold strategy, loosely analogous to the dollar-cost averaging (DCA) strategy. While investors of all kinds widely prefer DCA, new research by crypto options market maker Orbit Markets shows that since 2023, it has underperformed a structured product called an "accumulator," popularly known as "I Kill You Later" in traditional markets. "Our backtest results show that the accumulator strategy outperformed DCA over the past 2.5-year period," said Pulkit Goyal, head of trading at Orbit Markets, told CoinDesk. "Three-month accumulators delivered a 10% outperformance, while longer tenors did even better — six- and twelve-month accumulators outperformed by 13% and 26%, respectively." Goyal added that accumulators offer a disciplined, cost-effective approach to token accumulation, making them "a natural fit for crypto treasury companies' use case." Both DCA and the accumulator operate the same principle – stop timing the market. While DCA simplifies investing by spreading out purchases over time, the accumulator helps acquire coins at a discount in a structured setup and helps outperform DCA during bull runs. The accumulator is a time-structured product linked to the performance of an underlying asset with an upside knock-out barrier – level, which, if hit, terminates the structure. Here is how it works: An investor agrees to buy a certain amount of the underlying asset at a fixed, discounted price (the Strike) over regular intervals, such as daily or weekly, for a set period. The product runs through the pre-determined set period unless terminated early due to an early knock-out by the spot price rising to the barrier. Note that the investor has an obligation, not a choice, to buy the asset at the discounted strike price and must double the buy in case the spot price dips below the discounted strike. Consider a three-month accumulator where an investor commits to buy $1,000 worth of BTC every week at a strike price of $94,500, with a knock-out level of $115,000. The strike price of $94,500 is 90% of the current spot price of around $105,000. In other words, the investor is now mandated to snap up coins at a discount, assuming the spot price holds above the strike price of $94,500 and below the knock-out of $115,000. If BTC tops the knock-out level, the structure is terminated. If the price falls below $94,500, the investor doubles the weekly purchase to $ 4,000 at the same strike, i.e., $94,500 – there is no way out, meaning the investor ends up buying at a price higher than the prevailing market rate. (this is why it gets the nickname "I kill you later.") Hence, the accumulator is not suitable for day traders, short-term traders and speculators and may not necessarily outperform DCA in a bear market. Orbit backtested a three-month BTC accumulator, spanning from January 2023 to June 13, 2025, assuming the investor continuously rolled into a new one upon reaching maturity or a premature knock-out event. Results show an average BTC acquisition cost of $39,035 for the accumulator, which is 10% lower than the DCA average purchase price of $43,329. The DCA involved investing a fixed dollar amount in BTC every week. Longer maturity accumulators of 6 and 12 months performed even better, achieving average costs of $37,654 and $32,079, respectively, outperforming DCA by 13% and 26%.
The Star
2 days ago
- Business
- The Star
Prabowo pushes for Temasek, Danantara cooperation to develop Batam
President Prabowo Subianto and his ministers attending the annual leaders' retreat with Singapore Prime Minister Lawrence Wong and his delegation at the Parliament House in Singapore on June 16. - Presidential Secretariat JAKARTA: President Prabowo Subianto has pushed for cooperation between Singapore's sovereign wealth fund Temasek and Indonesia's state-asset fund Danantara in the development of Batam, Riau Islands. In his first state visit to Singapore following his inauguration in October, Prabowo attended the annual leaders' retreat with Singapore Prime Minister Lawrence Wong in which he expressed the hope of partnership between the funds. 'We look forward to close collaboration between Temasek and Danantara in all sectors, especially the sectors of renewable energy, sustainable industrial zones and the development of Batam, Bintan and Karimun,' said Prabowo on Monday (June 16), referring to the three islands that are in proximity of one other. Prabowo hopes for Temasek's support in the development of the low carbon energy sector and critical infrastructure in the region with the special economic zones status. It remains unclear in what shape the cooperation could manifest. In the case of Batam, it is located some 20 to 30km of the Singapore Strait, equivalent to around an hour-long ferry ride, while Bintan is located east of Batam and Karimun west. Batam and Singapore are connected with multiple terminals that have ferries departing every day, making it common for people to live in Batam and commute to Singapore daily. In his address, Prabowo bluntly said that Temasek was Singapore's achievement that Indonesia copies 'with pride' when establishing Danantara. He also added his administration housing programme also took some inspiration from the city-state's own programme. 'In school, we're not allowed to copy our friends' homework or exams. But in real life, why not copy the best practice? […] I hope there's no copyright,' Prabowo said. Established in February and modelled after Temasek, Danantara aims to eventually manage over US$900 billion in assets with initial capital of $20 billion. Danantara has brought 844 state-owned enterprises (SOEs) under its operational umbrella, whose dividends, projected at around $7 billion this year, were among the sources of Danantara's funding to execute its strategic investment plans. Prabowo's and Wong's meeting, the first for both recently inaugurated leaders, produced 19 agreements, including the implementation of a defence cooperation agreement (DCA), cross-border electricity trade, a sustainable industrial zone and a bilateral financial agreement between the Monetary Authority of Singapore (MAS) and Bank Indonesia (BI). 'I think this marks the high value we attach to the relationship and the friendship between Singapore and Indonesia,' Prabowo said in a joint statement. While Monday's meeting marked the first official meeting between the leaders, Prabowo has met Wong several times, including during the latter's state visit to Jakarta in November for an 'introductory' meeting. Wong said 'Singapore-Indonesia relations are in excellent shape', and the two leaders had agreed to 'take it further and chart even stronger ties in this new era of cooperation'. Before the meeting of two leaders, Indonesia has reiterated that it agreed to export 3.4 gigawatts (GW) of clean electricity to Singapore by the end of 2035. This followed an agreement between Singapore's Energy and Science and Technology Minister-in-charge, Tan See Leng, and Energy and Mineral Resources Minister Bahlil Lahadalia on cross-border electricity on June 13 in Jakarta. - The Jakarta Post/ANN
Yahoo
2 days ago
- Business
- Yahoo
Are You One of the Millions of People Afraid of Investing in Cryptocurrency? Here Are 3 Ways to Invest in Crypto That Will Let You Sleep at Night.
Investing in cryptocurrency is not for the faint of heart. There are a handful of approaches you can use to make it less scary. All-in on crypto is not the way to go. These 10 stocks could mint the next wave of millionaires › Cryptocurrencies' price charts look like a cardiogram after a triple espresso. Bitcoin is up more than 1,060% in the last five years, but it has experienced multiple drawdowns in excess of 80% in its lifetime so far. It's little wonder that 63% of U.S. adults say they have little to no confidence in crypto's safety or reliability as an investment, per a survey by Pew Research. However, a 2025 Motley Fool research report found that 1 in 5 of the American adults it surveyed held cryptocurrencies, and 42% of those surveyed claimed they would buy crypto in the next year. The good news is that you do not need steel nerves or uncanny luck to invest in cryptocurrency. Three straightforward habits can turn cryptocurrency investments from sleep thieves to profitable (if exciting) investments. Here's what to do. Volatility in cryptocurrencies is the dragon most investors fear, yet there's a relatively easy move that can turn it from a terror-inducing roller-coaster ride with your portfolio in the balance into a neutral fact of life that you can work around like it's the weather. Dollar-cost averaging (DCA) means buying a fixed dollar amount on a set schedule. When prices fall, you pick up more units; when they soar, you grab fewer. Using a DCA strategy can meaningfully reduce your maximum drawdowns compared with lump-sum buys. It also might reduce your returns a little bit under certain circumstances, but don't fret about that at all. It's a lot better than accidentally buying a coin at the very top of its price range, only to see your investment immediately go deeply underwater for months or longer. It takes the pressure off because it automates your decision-making, taking emotion out of the loop and preventing anxiety in the process. A weekly auto-purchase through a brokerage or an exchange-traded fund (ETF) converts the uncertainty into disciplined accumulation without mental gymnastics. Tie the buy to your payday and let the software do the heavy lifting. After you automate when and how much to invest, the next step is to tighten up the assets you're investing in. There are many terrible investments in cryptocurrency. They will lose all of the money you invest -- in many cases, literally 100% of it. There is no need to go out on a limb and invest in small altcoins or meme coins in hopes of generating 10 times or 100 times your money. Those are traps that can literally destroy your portfolio's value. Ethereum, XRP, and Solana join Bitcoin in commanding roughly 75% of the entire crypto market cap, with Bitcoin alone hovering near 61%. Their liquidity is deeper, trading spreads are tighter, and there is real institutional research to scrutinize, which is far better terrain for long-term investors than thinly traded meme tokens. These majors also map more cleanly onto concepts that stock pickers already understand, like network fees (akin to revenue), developer activity (research and development), and hash rate or validator count (production capacity). That makes them a lot easier to evaluate. In contrast, smaller coins often live or die by social media hype and opaque tokenomics, leaving investors guessing about their intrinsic value -- and often guessing extremely incorrectly. Sticking to leaders dramatically reduces both rug-pull risk and the headache of moving obscure tokens between wallets. It will very likely power better returns with fewer frightening pullbacks, too. Even crypto believers with patience and careful investing habits need guardrails. The easiest way to tame your crypto fears is to keep your dabbling limited to a small proportion of your portfolio's overall value. That way, if you suffer unexpectedly high losses, it won't be that meaningful in the long term. You could perhaps start at 1%, all in Bitcoin, and grow it via dollar-cost averaging. After a year and at least one gut-check dip, reassess your nerves. If your stomach and thesis both hold, maybe nudge toward an allocation of 3% to 5%, spread across the big four. If you're still feeling confident a year later, you could cap your exposure near 10%; beyond that threshold, crypto's volatility hijacks portfolio risk, turning a satellite position into the portfolio's emotional center of gravity, which isn't desirable. As you accept crypto risk, you might also want to Other things in your portfolio should stay boring the more risk you accept via a crypto allocation. That ballast turns crypto's wild moves into asymmetric upside rather than an existential threat. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $375,244!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $37,668!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $660,821!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of June 9, 2025 Alex Carchidi has positions in Bitcoin, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Solana, and XRP. The Motley Fool has a disclosure policy. Are You One of the Millions of People Afraid of Investing in Cryptocurrency? Here Are 3 Ways to Invest in Crypto That Will Let You Sleep at Night. was originally published by The Motley Fool
Time of India
4 days ago
- Time of India
Armed forces launch cybersecurity drill
This is an AI-generated image, used for representational purposes only. With the threat of cyber-attacks from China and Pakistan increasing, the armed forces on Monday launched a 12-day comprehensive multi-phase cybersecurity exercise to bolster resilience at the national level. Over 100 participants from national agencies and stakeholders from the defence arena are taking part in the 'Cyber Suraksha' exercise organised by the tri-Service Defence Cyber Agency (DCA), which includes the conduct of targeted training sessions, evaluation and "an engaging capsule for leadership", including chief information security officers. "The exercise is designed to simulate real-world cyber threats, reinforce secure practices, and test the analytical and defensive cyber skills of participants in a high-paced, gamified environment," an officer said. "Combining structured learning with dynamic hands-on challenge environments will empower participants to act decisively in the face of cyber threats. DCA plans to conduct such exercises on a regular basis to maintain a state of readiness and cultivate a security-first culture across all levels," he added.
