A U.K. House of Lords committee said the Bank of England (BOE) should reconsider its proposed limits on consumer stablecoin holdings in a new report. The cross-party Financial Services Regulation Committee of the U.K. Parliament’s second chamber also advised reconsideration of requirements for stablecoin issuers to hold at least 40% of backing assets in central…
NEW DELHI: NTA on Tuesday scrambled to patch up vulnerabilities in its NEETUG portal which were highlighted by a teen “cyber security researcher”, who warned that the chink could potentially be exploited to hack sensitive information.There was a weakness that had briefly affected the website but it has since been fixed, NTA sources told TOI…
MUMBAI/NEW DELHI: The West Asia war-induced challenging fund-raising market conditions notwithstanding, some of the leading unlisted companies are moving ahead with plans to go public.On Tuesday, Prism, the parent of hospitality firm Oyo, got Sebi nod for its IPO that could be worth up to Rs 6,650 crore. Earlier in the day, global beverage giant…
NEW DELHI: Soon after the overhaul of index of industrial production (IIP) for the formal sector, govt machinery is preparing to enter the statistical blind spot of the vast informal economy. The statistics ministry is finalising plans to launch an entirely new index designed to measure monthly industrial production, specifically for the country’s vast informal…
NEW DELHI: India and the UK on Tuesday agreed to resolve the gaps so that the bilateral trade agreement can be implemented at the earliest.Commerce and industry minister Piyush Goyal held talks with UK secretary of state for business and trade Peter Kyle on addressing the ticklish issues as India has concerns over the steel…
NEW DELHI: The tendering process behind CBSE’s massive on-screen marking (OSM) project has come under sharper scrutiny after procurement records showed that Hyderabad-based Coempt Eduteck Pvt Ltd narrowly edged past Tata Consultancy Services (TCS) in the technical evaluation before securing a decisive advantage through a sharply lower financial bid.The scoring pattern has triggered questions among…
The new Chairman of the Federal Reserve Kevin Warsh departs from the East Room of the White House after a swearing in ceremony in Washington, DC on May 22, 2026. Aaron Schwartz | AFP | Getty Images Federal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers to work with him at the…
MUMBAI: On Tuesday, India slipped to the seventh spot in terms of stock market valuation as South Korea marched to sixth. In the last two years, India has slipped three places in the rankings after Hong Kong, Taiwan and South Korea overtook it, historical data showed.Nearly unabated foreign fund selling since Sept 2024 (when the…
The infrastructure supporting global computing is undergoing a massive shift. True computing power no longer belongs to isolated corporate data centers, but to open, global networks. Speaking at the Proof of Talk summit in Paris, Bittensor co-founder and Crucible Labs partner Ala Shaabana highlighted the staggering math behind decentralized networks. To show the audience what…
NEW DELHI: India’s ambassador to Qatar, Vipul, has been appointed the next Indian ambassador to Saudi Arabia, govt said in an official announcement on Tuesday. An IFS officer of 1998 batch, Vipul is expected to take up the new assignment soon. The appointment is significant as this is the first time that a non-Muslim will…
