Digital asset company AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The new token operates as an e-money token under MiCA, according to a statement shared with Cointelegraph on Friday. It is backed by segregated Swedish krona reserves and targets institutional settlement and cross-border payments….
Review will test whether CBSE can plug gaps exposed during 2026 exams NEW DELHI: The fate of CBSE’s controversial on-screen marking (OSM) system hangs in the balance. The board will decide whether to continue with it for Class XII exams in 2027 and possibly extend it to Class X only after consulting key stakeholders, including…
At Lahore’s ‘Eton’, Pakistani alum pays tribute to Indian dost NEW DELHI: Nearly eight decades after Partition, a classroom at Lahore’s Aitchison College has become an unlikely bridge between India and Pakistan. On June 10, ‘Classroom No. 108’ at the 140-year-old institution was dedicated to Harcharan Singh Brar, a pre-Partition student who later became CM…
Goldman Sachs lowered its year-end gold forecast by $500 an ounce, citing expectations that the US Federal Reserve won’t cut interest rates this year. The revised target places gold at $4,900, down from earlier estimates of $5,400. It comes on the assumption that the next Fed cuts could be pushed to March 2027 and December…
FSSAI targets misleading ads as brands race to sell ‘healthy’ food NEW DELHI: With products flooding the market with promises of being “natural”, “healthy”, “heart-friendly” and having “no added sugar”, food regulator FSSAI has turned its attention to the claims behind the labels, flagging several food and nutraceutical products for potentially misleading branding, labelling and…
Microtransactions below 0.01 Bitcoin (BTC) now account for roughly 80% of all daily transactions on the network, pushing transaction activity close to record highs despite weak price performance. The surge has pushed CryptoQuant’s Bitcoin “Network Activity Index” into positive territory for the first time since 2024, according to a Thursday report by the blockchain data…
Ajay Pant, captain of a sanctioned Russian shadow-fleet oil tanker has been arrested in the UK LONDON/DEHRADUN: The Indian captain of a sanctioned Russian shadow-fleet oil tanker intercepted by British armed forces while crossing the English Channel en route from Russia to India has been arrested in the UK and appeared in court charged with…
NEW DELHI: Congress MP Shashi Tharoor‘s statement that Prime Minister Narendra Modi had conveyed India’s concerns to US President Donald Trump regarding the safety of civilian sailors has earned him the ire of his party. “Admiration for PM Modi appears to have transcended the limitations of the physical world” and he now “seems capable of…
Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return. Key takeaways: Bitcoin-to-altcoin rotation trend has collapsed to its weakest level since 2021. Altcoin capital is increasingly getting concentrated in fewer projects, delaying the altseason. Bitcoin-to-altcoin rotation…
Leh Apex Body (LAB) and Kargil Democratic Alliance (KDA) called Saturday a shutdown in Ladakh SRINAGAR: Leh Apex Body (LAB) and Kargil Democratic Alliance (KDA) called Saturday a shutdown in Ladakh on June 23, accusing the Centre of backtracking on agreements reached during talks on May 22 and warning that their “patience should not be…
