NEW DELHI: PM Narendra Modi on Friday asked industry to innovate and come up with fresh investments. He also urged financial institutions to adopt innovative models to boost infrastructure funding, while strengthening project sanction and appraisal quality.At a post-budget webinar, after listing out the steps taken by govt over the last decade on infrastructure, PM…
Ethereum co-founder Vitalik Buterin has published a new blog post on X outlining his latest vision for scaling the blockchain, arguing the network can boost capacity in the near term while laying the groundwork for a longer-term shift to advanced cryptography and data-heavy “blobs” that would change how Ethereum is validated. The post reflects Buterin’s…
Trump Media & Technology Group is looking to reorganise its business, with plans to spin off its social media platform Truth Social into a separate publicly traded company. The company, founded by US President Donald Trump, on Friday, confirmed that it is in discussions with TAE Technologies and Texas Ventures Acquisition III about the proposed…
Jairam Ramesh (PTI image) NEW DELHI: Congress MP Jairam Ramesh on Saturday criticised Prime Minister Narendra Modi after US President Donald Trump praised Pakistan’s leadership amid the ongoing conflict between Islamabad and the Taliban.Reacting to Trump’s remarks praising Pakistan’s leadership, Ramesh took to X to express his disapproval. He wrote, “President Trump’s full-throated and categorical…
US President Donald Trump US President Donald Trump’s administration is seeking to delay legal proceedings related to tariff refunds, a week after the Supreme Court struck down his sweeping global duties, according to a court filing on Friday.The Supreme Court’s ruling marked a major setback for Trump’s signature economic policy and opened the door to…
Bitcoin’s attempt to reclaim $70,000 earlier in the week lasted about 48 hours. The largest cryptocurrency slid to $65,735 in early Asian hours on Saturday, down 3% over the past day and 2.8% on the week. Wednesday’s rally, which came within touching distance of $70,000, has now given back more than half its gains as…
The ministry of statistics and programme implementation released a new series of national accounts with 2022–23 as the base year, replacing the 2011–12 series. The revision incorporates fresh data sources such as GST, PFMS and e-Vahan, introduces double deflation in key sectors, and relies on annual surveys for improved household estimates.■ What is a base…
JAMMU: Alert troops spotted a suspected drone along the Line of Control (LoC) in Gulpur sector of J&K’s Poonch district on Friday and fired a few rounds at it. The unmanned aerial vehicle, however, could not be brought down.The UAV later proceeded towards Siriyan village in Gulpur, allegedly entering the other side of the LoC,…
OpenAI chief executive Sam Altman on Saturday announced that the company has reached an agreement with the US Department of War to deploy its AI models within the authority’s classified network. The development comes at a time when US President Donald Trump has banned every federal agency from using Anthropic.In a post on X, Altman…
Citigroup (C) plans to launch institutional bitcoin custody later this year, part of a broader push to integrate digital assets into the bank’s traditional financial infrastructure. Nisha Surendran, who heads Citi’s digital asset custody product buildout, described the initiative in a speech at the World Strategy Forum on Thursday as an effort to “make bitcoin…
