The unnamed “Big Four” firm that Tether selected to audit its $185 billion dollar-pegged USDT stablecoin is KPMG, the Financial Times reported Thursday, citing people familiar with the matter. Tether has also engaged PwC to prepare its internal systems ahead of the audit, marking the most concrete step yet toward full financial scrutiny for the…
NEW DELHI: A special Delhi court on Friday acquitted former Congress MP Vijay Darda, his son Devendra, ex-coal secretary H C Gupta and others in a coal block allocation case, ending over a decade of trial after finding the evidence “highly insufficient” to prove charges of cheating, conspiracy, or misconduct.The case stemmed from the allocation…
The crypto market tumbled to the lowest levels in more than two weeks, with bitcoin BTC$65,933.55 dropping below $67,000 and ether (ETH) closing in on $2,000. The CoinDesk 20 Index (CD20) lost 2.2% since midnight UTC, reaching its lowest since March 9. The fall coincided with a drop in U.S. equities. Nasdaq 100 futures are…
Dharmendra Pradhan (File photo) NEW DELHI: The Centre will revise a contentious NCERT textbook chapter on the judiciary under the supervision of a committee led by former Supreme Court judge Indu Malhotra, Union education minister Dharmendra Pradhan said.The minister said the move follows guidance from the Supreme Court, adding that the effort aims to ensure…
NEW DELHI: The Centre stepped in to shield consumers and oil companies from the impact of high crude prices — which have surged 62% this month over Feb for Indian refiners — and slashed excise duty, a move that will leave a Rs 1.3 lakh crore hole for the exchequer.With fuel retailers, including IndianOil, Hindustan…
Morgan Stanley plans to price its proposed spot bitcoin BTC$65,996.62 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off a new round of fee competition among existing funds. The…
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J&K CM Omar Abdullah (File photo) SRINAGAR: The J&K govt Friday said it has accelerated the pace of construction of ongoing hydel power projects across the union territory after the Centre placed Indus Water Treaty (IWT) in abeyance.The total installed hydropower capacity in J&K is expected to reach around 11000 MW by 2035 from the…
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