Babylon Labs has raised $15 million in funding from a16z crypto to support the development and scaling of Babylon Trustless BTCVaults, an infrastructure system designed to allow native bitcoin to be used as collateral across onchain financial applications, the company said in a blog post Wednesday. The platform’s BABY token was higher by 13% after…
Markets regulator Sebi has extended the timeline for implementing an additional incentive structure for mutual fund distributors to March 1, allowing more time for asset management companies to put systems in place, according to a circular issued on Wednesday.The revised framework, aimed at encouraging onboarding of new individual investors from B-30 cities and new women…
Check out the companies making headlines before the bell: Mobileye — The self-driving systems stock jumped about 11% after the company said it would buy humanoid robot maker Mentee for $900 million. GameStop — Shares rose 2% after the company unveiled its compensation package for CEO Ryan Cohen that included objectives to grow the videogame…
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PM Modi spoke with Israeli PM Benjamin Netanyahu, exchanging New Year greetings and discussing ways to strengthen the India-Israel strategic partnership, regional issues, and joint counterterrorism efforts. A Hindu youth, Mithun Sarkar, drowned after being chased by a mob accusing him of theft in Naogaon, amid rising communal violence ahead of Bangladesh’s national elections. Congress…
Markets regulator Sebi has extended the timeline for implementing an additional incentive structure for mutual fund distributors to March 1, allowing more time for asset management companies to put systems in place, according to a circular issued on Wednesday.The revised framework, aimed at encouraging onboarding of new individual investors from B-30 cities and new women…
By Omkar Godbole (All times ET unless indicated otherwise) Major cryptocurrencies, including bitcoin BTC$92,020.12, XRP$2.2474 and solana SOL$137.73, have lost more than 1.5% the past 24 hours. All 16 CoinDesk sectoral indexes are in the red, led by the DeFi Select Index with a 3.6% drop.16 CoinDesk sectoral indexes are in the red, led by…
As the dust settles into 2025, Parliament carries forward unfinished business, unresolved disputes and reforms still searching for their final shape.The Winter Session restructured key pillars of governance, but several high-stakes bills were deferred, diluted or sent for further scrutiny.The Budget Session of 2026 is expected to move beyond diagnosing problems to implementing solutions —…
The Hotel Association of India (HAI) has urged policymakers to prioritise sector-specific reforms to drive growth and resilience in the hospitality industry, reiterating its long-standing demand for infrastructure status and industry benefits for hotels ahead of the Union Budget .Sharing the sector’s expectations, HAI President K B Kachru said the hotel industry deserves stronger policy…
Equity indices extended their decline on Wednesday, with the Sensex and the Nifty ending lower for a third consecutive session as sustained selling in heavyweight stocks, rising geopolitical unease and weak global cues dented investor confidence. The BSE Sensex has shed over 1,144 points in the past three sessions, sliding from a close of 85,762.01…
