US Federal Reserve governor Christopher Waller said Sunday that the growing use of dollar-backed stablecoins could bolster the global influence of US monetary policy. Waller told participants at the 32nd Dubrovnik Economics Conference that countries that increasingly rely on stablecoins backed by the US dollar may effectively import US monetary conditions, Bloomberg News reported Sunday….
NEW DELHI: Staring at a tough sowing season due to forecast of a weak monsoon and pressure on inputs such as fertilisers and diesel, the Centre will on Monday launch a month-long nationwide campaign on balanced and judicious use of inputs such as fertilisers and water, timely advice to farmers in view of weather-related challenges…
Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days. The social media post comes just days ahead of a proxy vote that depends in large part on retailer shareholders to enable semi-monthly dividend payouts on the company’s STRC perpetual preferred stock….
NEW DELHI: Amid government’s big push for next-generation reforms for improving ease of living and ease of doing business, PM Modi has directed all ministries and departments to go back to the intended beneficiaries – citizens and businesses – to assess the impact of policy modifications on their life and work.TOI has learnt that PM…
NEW DELHI: A Trinamool Congress (TMC) party office belonging to Mathurapur MP Bapi Haldar in West Bengal’s South 24 Parganas district was vandalised by a group of local residents on Sunday, with villagers alleging that flood relief materials were being illegally stored there, police said.According to police, window panes and signboards at the office were…
A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. That’s according to an analysis published by crypto investment firm NYDIG. The transaction took place on May…
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SRINAGAR: Liquor will now be available in Ladakh, where only beer, wine and ready-to-drink beverages were permitted so far for retail sale through vends, except in Leh where there was no partial prohibition.Lt Governor Vinai Kumar Saxena has approved the new excise policy for the UT which “aims at curbing the growing dependence on narcotics…
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