Ondo Finance ONDO$0.3616 has hired former Invesco ETF executive and Grayscale managing director John Hoffman to expand its tokenized investment products beyond stocks and Treasury notes. Hoffman joins the firm as managing director and head of product portfolios after serving as head of distribution and partnerships at Grayscale Investments, best known for its digital asset…
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Baraik becomes third MP to resign from Trinamool & RS NEW DELHI/KOLKATA: Twenty rebel TMC Lok Sabha MPs, over two-third of the party’s 28 MPs, have written to Lok Sabha Speaker Om Birla, seeking recognition as a separate group on the lines of the breakaway faction in the West Bengal assembly and said they will…
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CHENNAI: Home services startup Pronto’s admission recently that it was piloting in-home video recordings to train physical AI systems shines light on a fast-growing and loosely regulated industry of AI data capture and labelling for the global robotics supply chain.Pronto is not alone. Startups such as Human Archive, Humyn Labs, Egolab AI and Neocambrian are…
MUMBAI: Pine Labs has launched India’s first agent-to-agent payment capability, enabling autonomous transactions through artificial intelligence by extending UPI’s standing mandate framework to machines.The company on Thursday introduced the Pine Labs Payment Protocol (P3P), allowing users to authorise a onetime mandate that can be delegated to an AI agent, which can then independently decide when…
NEW DELHI: The Centre has exempted petrol blended with higher levels of ethanol from excise duty as it seeks to make fuel beyond E20 more attractive for consumers and push voluntary use.The Central Board of Indirect Taxes and Customs (CBIC) issued notifications on Wednesday, exempting ethanol blended petrol (EBP) grades E22, E25, E27 and E30,…
Strong domestic travel has again saved the day for Indian hospitality, although the West Asia war has impacted inbound traffic to the country, like many others globally.“Over 40% of people flying to India (and other parts of Asia from the west) do so via the Middle East (West Asia). That has slowed down inbound. The…
Prime Minister Narendra Modi during the the Economic Advisory Council meeting. NEW DELHI: As govt gears to undertake a delimitation exercise in the coming month, a working paper by the Economic Advisory Council to Prime Minister (EAC-PM) has suggested India should split Lok Sabha’s 170 large constituencies using a “targeted criterion” instead of a uniform…
