File photo: Prime Minister Narendra Modi and Russian President Vladimir Putin (Picture credit: AP) India and Russia on Friday firmed up a five-year plan to boost economic and trade ties, even as Washington’s tariffs and sanctions loom, relying on the resilience of the decades-old partnership.Prime Minister Narendra Modi and Russian President Vladimir Putin used the…
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images Visa is moving its European headquarters to London’s financial district, hot on the heels of an announcement by JPMorgan that it will build a landmark tower in an area considered to be the city’s answer to Wall Street….
European Union regulators on Friday fined Elon Musk’s social media platform X 120 million euros ($140 million) for violating the bloc’s Digital Services Act (DSA), saying the platform’s practices could expose users to scams, manipulation and opaque advertising, according to an ET report.The European Commission announced the penalty after completing an investigation it launched two…
NEW DELHI: Congress MP Shashi Tharoor on Friday heaped praises for Prime Minister Narendra Modi yet again after he received Russian President Vladimir Putin at the airport, breaking protocols.Claiming that symbolism and substance are important in diplomacy, Tharoor said that Prime Minister’s gestures are important signal of “continuity of an important relationship with Russia.“ PM…
The European Commission, the executive arm of the European Union (EU), proposed ending individual countries’ supervision of cryptocurrency companies and transferring the responsibility to the bloc’s markets regulator as part of measures to “fully integrate” EU financial markets. The commission wants to address the discrepancies that result from differing supervisory approaches among the 27 member…
NEW DELHI: The ministry of civil aviation on Friday issued fresh directives to airlines, with a special focus on IndiGo, asking them to immediately implement measures to resolve large-scale disruptions and restore services at the earliest.According to the order, flight schedules are expected to begin stabilising by midnight, and full operational normalcy is likely to…
As Yieldstreet tries to distance itself from a rocky past with a new name and ad campaign, its customers are dealing with a present reality that is increasingly dire. The private markets investing startup, freshly rebranded as Willow Wealth, last week informed customers of new defaults on real estate projects in Houston, Texas, and Nashville,…
Silver soars to a record high, Indians rush to cash in!The India Bullion & Jewellers Association (IBJA) estimates that about 100 tonnes of old silver were sold in just one week, a volume that typically takes several months to surface. Under normal circumstances, the domestic market receives only 10–15 tonnes of old silver in an…
MUMBAI: Reserve Bank of India’s Deputy Governor, Poonam Gupta, has responded to recent International Monetary Fund (IMF) comments questioning the quality of India’s growth data and classifying the Indian rupee’s exchange rate regime as a “crawling peg” within a managed float system.On the concern regarding data quality, Gupta said that the IMF’s critique is more…
Gold prices saw a notable rise on Friday, tracking strong global trends, as investors awaited crucial US inflation data that may influence the Federal Reserve’s future interest rate decisions. On the Multi Commodity Exchange (MCX), February gold futures rose by Rs 751, or 0.58%, settling at Rs 1,30,829 per 10 grams, with a total turnover…
