Failing to pass the crypto market structure bill, known as the CLARITY Act, could leave the door open for a future less industry-friendly US government to crack down on crypto again, Peter Van Valkenburgh the executive director of advocacy group Coin Center says. In an X post on Friday, Van Valkenburgh argued that rejecting developer…
NEW DELHI: Prime Minister Narendra Modi on Sunday cautioned that a petrol and diesel crisis was developing worldwide as ongoing conflicts continued to affect key energy regions.Speaking during the 132nd episode of Mann Ki Baat, he said, “This month of March has been extremely eventful on a global level. We all remember that, in the…
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Saudi Arabia has brought its East-West pipeline into full operation, pushing 7 million barrels of oil a day through the route as it works to maintain supplies following the effective shutdown of the Strait of Hormuz, a person familiar with the matter said. The pipeline, which runs across the kingdom to the Red Sea, has…
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Prediction markets aggregate human judgment in theory, but some of their consistent trading opportunities may end up captured by systems that move faster than any person can. Arbitrage opportunities can show up as brief mispricings, from outcomes that temporarily fail to sum up to 100%, to short delays in how quickly markets react to new…
PM Modi (ANI photo) NOIDA: PM Modi inaugurated Noida International Airport in Jewar on Saturday, and dwelled at length on energy supply turbulence precipitated by the West Asia conflict, underlining ethanol blending as a key strategy to reduce dependence on crude oil imports.Modi said that the country would have had to import an additional 4.5…
PTI photo KOLKATA: Judicial officers have disposed of 37 lakh “under-adjudication” voter cases in Bengal, but only 22 lakh names appear across two supplementary electoral rolls, leaving about 15 lakh cases unaccounted for due to missing e-signatures.EC published a third list late Saturday, but there was no clarity on the number of names listed. An…
Google is preparing to support a multibillion-dollar data center project in Texas leased to Anthropic as competition for AI infrastructure accelerates. The project, operated by Nexus Data Centers, could exceed $5 billion in its initial phase, with Google expected to provide construction loans, Financial Times reported on Friday, citing people familiar with the matter. A…
A month into the Middle East conflict, its ripple effects are felt across economies worldwide. The crisis was triggered on February 28, when the United States and Israel launched joint strikes on Iran, setting off a chain of events that has tightened Tehran’s grip over the strategically vital Strait of Hormuz. This narrow sea passage,…
