Canada’s government managed to pass its federal budget in parliament that would — among many other things — institute a stablecoin policy. Parliament narrowly passed Prime Minister Mark Carney’s first budget on Monday evening. Deep in the lengthy document is a section that would govern the issuance of stablecoins, overseen by the Bank of Canada….
Bitcoin slipped below the $90,000 mark for the first time in seven months on Tuesday, signalling a sharp retreat in risk appetite across global markets. The world’s biggest cryptocurrency, which touched a record high above $126,000 in October, has now surrendered all its gains for 2025 and is down nearly 30 per cent from its…
CHANDIGARH: Punjab chief minister Bhagwant Mann and AAP national convener Arvind Kejriwal on Tuesday joined the ‘Sangat’ in a ‘Kirtan Darbar’ at a Gurdwara in Srinagar organised by the state government to mark the 350th martyrdom anniversary of Guru Tegh Bahadur. The ‘Sangat’ was held at Gurdwara Chhevin Patshahi in the summer capital of Jammu…
Check out the companies making the biggest moves midday: Klarna — The buy now, pay later platform tumbled almost 7% after its first earnings report since its September IPO showed a third-quarter operating loss of $83 million versus operating profit a year ago of $13 million. Strategy — The crypto proxy rose 8%, as flagship…
Many taxpayers who completed their income tax return (ITR) weeks or even months ago are still waiting for their refunds despite the September 16, 2025 filing deadline having passed long ago. With bank accounts being checked daily, the tax department says the delays are tied to closer scrutiny of questionable deduction claims.Launching a taxpayers’ lounge…
Cloudflare experienced a major outage that cascaded into widespread service disruptions across thousands of websites and applications on Tuesday. Several large centralized crypto services rely on Cloudflare to help with heavy traffic. BitMEX faced an outage while there was also significant downtime for Telegram-linked blockchain Toncoin. But the outage spread beyond crypto, with platforms like…
NEW DELHI: Prime Minister Narendra Modi on Monday said that genuine emotional commitment to public welfare is what helps in winning elections.Speaking at the sixth Ramnath Goenka Lecture in New Delhi, he said that leaders must work with genuine emotion rather than remain in a permanent political campaign.PM Modi dismissed claims that he and the…
It’s that time of year again: the annual tax-loss harvest. It’s happening across the brokerage firms right now, and it’s happening in size. Advisors are locking in losses to offset the big realized gains from earlier in the year, especially back in April when clients trimmed their winners and booked profits. We know from trading…
Microsoft on Tuesday announced a sweeping cloud infrastructure partnership with artificial intelligence firm Anthropic and chipmaker Nvidia, marking a significant realignment in the technology giant’s AI alliances as it moves further away from exclusive dependence on OpenAI, AP reported.Anthropic, the developer of rival chatbot Claude, said it will commit to purchasing $30 billion worth of…
Bitcoin’s hashprice has fallen to its lowest level in five years, according to Luxor, now sitting at $38.2 PH/s. Hashprice, a term introduced by Luxor, measures the expected daily value of one terahash per second of computing power. The metric reflects how much revenue a miner can expect from a specific amount of hashrate. It…
