The government has expanded the criteria for recognising entities as startups by doubling the turnover threshold to Rs 200 crore, while also introducing a new recognition category for ‘Deep Tech Startups’, aimed at supporting high-technology and research-driven enterprises.The move is part of broader efforts to align policy support with the evolving nature of India’s startup…
U.S. Treasury Secretary Scott Bessent fired warning shots at crypto insiders who are pushing back in the negotiations over a digital assets market structure bill in the Senate — briefly aligning with Democratic Senator Mark Warner in expressing frustration during a hearing on Thursday. “There seems to be a nihilist group in the industry who…
KC Venugopal (left), Om Birla (right) New Delhi: In a letter to Speaker Om Birla, Congress MP KC Venugopal said the passage of the motion of thanks to the President’s joint address without a reply by PM Narendra Modi, and in his absence from Lok Sabha on Wendnesday, constitutes procedural irregularities.Venugopal said Rule 20 mandates…
Gabby Jones | Bloomberg | Getty Images Kalshi on Thursday announced efforts to expand its surveillance and enforcement frameworks as skepticism builds around the booming prediction market industry. The announcement comes days before Super Bowl 60, which has already drawn more than $160 million in prediction market trading volume, according to Kalshi. The platform and…
US stock markets declined on Thursday as weakness in technology stocks, led by Alphabet, dragged benchmark indices lower, while bitcoin and precious metals also recorded sharp losses, according to AP.The S&P 500 fell 0.8% and was heading toward its sixth loss in the seven days since setting an all-time high. The Dow Jones Industrial Average…
In today’s newsletter, Glenn Williams Jr from ProShares writes about growing investment in cryptocurrencies outside of bitcoin. Then, Michael Sena from Recall Labs answers questions about portfolio construction and diversification in Ask an Expert. – Sarah Morton Investors are broadening their crypto horizons As the number of cryptocurrencies has expanded, investor appetite for broader exposure…
NEW DELHI: Prime Minister Narendra Modi on Thursday took a sharp dig at the Congress and the Gandhi family during his speech in the Rajya Sabha, accusing them of being “habitual thieves” and alleging that they had even “stolen” Mahatma Gandhi’s surname.“For some people, stealing is a family profession. What’s shocking is that those habitual…
Check out the companies making the biggest moves in premarket trading: Qualcomm — The chipmaker sank nearly 11% as a global memory shortage hurt its forecast . Qualcomm expects fiscal second-quarter adjusted earnings of between $2.45 and $2.65 per share on revenue of $10.2 billion to $11 billion. Analysts polled by LSEG were expecting $11.11…
State-run Life Insurance Corporation of India (LIC) reported a 17% year-on-year rise in consolidated net profit at Rs 12,930 crore for the December quarter, compared with Rs 11,008 crore in the same period last year.The country’s largest life insurer reported net premium income of Rs 1.26 lakh crore in Q3FY26, up 17% from Rs 1.07…
Institutional attitudes toward bitcoin yield are beginning to shift and there is now renewed interest in BTC rewards after years of skepticism driven by smart-contract risk, leverage, and opaque strategies, GlobalStake co-founder Thomas Chaffee told CoinDesk on Thursday. Products that allow users to earn a return on their bitcoin holdings often require wrapping BTC into…
