The U.K.’s financial regulator, the Financial Conduct Authority (FCA), proposed allowing certain retail investment funds to hold up to 10% of their assets in cryptocurrency exchange-traded notes (ETNs). The financial regulator made the suggestion for UCITS (“Undertakings for Collective Investment in Transferable Securities”) schemes and some non-UCITS retail schemes (NURS) to invest in crypto ETNs…
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The fertiliser ministry has sought a 100% increase in the fertiliser subsidy budget for FY27 as the West Asia conflict drives up global fertiliser prices and import costs, according to government sources, PTI reported.Sources said the Department of Fertilizers has approached the Finance Ministry seeking a doubling of the fertiliser subsidy from the budgeted Rs…
NEW DELHI: Union jal shakti minister CR Patil on Tuesday said that the Narendra Modi government is working to ensure that Pakistan receives no water from the Indus river system in the coming years. Patil said the treaty had not been terminated but suspended, and that efforts were underway to stop water flowing across the…
Aviation turbine fuel (ATF) prices for domestic airlines rose by around 10 per cent on Tuesday as state-owned oil marketing companies rolled out a government-backed price stabilisation scheme that will allow carriers to lock in fuel rates for up to three years.Under the new regime, airlines opting into the scheme will pay a fixed ATF…
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Trad.Fi, which lends money to companies buying heavy equipment, said it is working with W3, a developer of AI agents for enterprises, to deploy $650 million in private credit onchain over the next 48 months. The program targets the heavily paper-based U.S. equipment distribution sector, focusing on manufacturing systems, industrial electrical infrastructure and residential solar…
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