NEW DELHI: India has proposed an assistance package worth $450 million for the purpose of rebuilding cyclone-hit Sri Lanka. It will include $350 million in concessional lines of credit and $100 million of grants, announced external affairs minister S Jaishankar who is visiting the Indian Ocean neighbour as a special envoy of PM Narendra Modi.Earlier…
JPMorgan’s (JPM) reported plan to offer crypto trading to institutional clients could reshape the competitive landscape, but not necessarily at the expense of its rivals. According to analysts, the Wall Street giant’s entrance may benefit existing players like Coinbase (COIN), Bullish (BLSH), and Galaxy Digital (GLXY) even as it signals stiffer competition ahead. “If JPMorgan…
DHAKA/KOLKATA: Bangladesh foreign ministry said on Tuesday that it had “conveyed its grave concern to Indian govt over the regrettable incidents outside the perimeter of Bangladesh High Commission and residence in Delhi on Dec 20 and the acts of vandalism at Bangladesh visa centre in Siliguri on Dec 22 by different extremist elements”.It added that…
Representative file photo A truck carrying a large consignment of liquor overturned at Sanand in Gujarat Tuesday, triggering chaos as the bottles spilled onto the road and people in the dry state began looting them before police could secure the spot. The truck driver fled after the accident. Police have launched a search and are…
Bitcoin BTC$87,475.61 has disappointed investors this year, trailing both gold and the tech-heavy Nasdaq 100 stock index, despite expectations that it would benefit from fiat currency devaluation. But according to a VanEck manager, the largest crypto asset could be setting up for a major comeback next year. “Bitcoin is lagging the Nasdaq 100 Index by…
RAIPUR/NEW DELHI: Vinod Kumar Shukla, who created a universe of quiet grace from the small histories and inner worlds of ordinary people in his novels and poems, and who became the first Jnanpith awardee from Chhattisgarh last year – passed away Tuesday. He was 88.The renowned Hindi writer was undergoing treatment for a lung ailment…
GUWAHATI: Violent tribal protests against illegal non-tribal settlement in a constitutionally protected hill region of Assam left two people dead Tuesday – as Sixth Schedule protections and land rights ignited a volatile fault line. Assam DGP Harmeet Singh, IGP (law and order) Akhilesh Kumar Singh and 48 police personnel were wounded after crowds armed with…
Aave’s community members and participants have become sharply divided in recent weeks over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the decentralized autonomous organization (DAO) and Aave Labs, the centralized developer firm that builds much of Aave’s technology. The debate has drawn outsized attention because it…
The US embassy in India announced in a statement on Tuesday that it will be closed from December 24 to December 26 in accordance with a Presidential Executive Order mandating the closure of executive departments and agencies of the federal government on these dates.Routine consular services, including visa processing and citizen services, will not be…
Bitcoin led crypto markets lower Tuesday, down by about 1% over the past 24 hours to just below $88,000. The decline came even as gold, silver and copper all surged to record highs (though have pulled back a bit in Tuesday afternoon trade). U.S. stocks are ahead modestly, the Nasdaq gaining 0.45%. Crypto-related stocks were…
