US offers temporary sanctions relief to Russian-controlled Serbian oil firm

The United States has granted a majority-Russian-owned Serbian oil company a temporary reprieve from sanctions targeting Moscow’s invasion of Ukraine, a Serbian minister said on Wednesday. Washington’s sanctions on the Petroleum Industry of Serbia (NIS), part of its crackdown on Russia’s energy sector, forced the shutdown in early December of Serbia’s sole oil refinery, which…

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Crypto’s Building Blocks Are Falling Into Place for 2026

Momentum from crypto exchange-traded funds, stablecoins, tokenization, along with clearer regulations, is set to compound in 2026, accelerating crypto adoption, according to Coinbase’s head of investment research, David Duong. In a year-end wrap-up posted to X on Wednesday, Duong said 2025 saw spot exchange-traded funds create regulated access to crypto, digital asset treasuries emerge as…

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Rupee falls 11 paise! Currency enters New Year 2026 in red; trades at 89.99 against US dollar

Rupee entered 2026 on a weak note, slipping 11 paise to 89.99 against the US dollar in early trade on Thursday. This comes as persistent pressure from foreign fund outflows and trade-related uncertainty continue to cloud sentiment in the currency market. The currency fell sharply in 2025, losing nearly 5% since it crossed the 85-per-dollar…

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Gold & silver price prediction: What’s the outlook for gold, silver in the New Year? Top things to know

On the upside, MCX Gold is poised to advance toward the 140,000 level in the upcoming sessions. (AI image) Gold and silver price prediction: Gold and silver prices are likely to maintain their bullish trend with dips and consolidation phases in between, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He…

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India’s Central Bank Pushes For CBDCs Over Stablecoins

The Reserve Bank of India has urged countries to focus on central bank digital currencies over privately-issued stablecoins, citing concerns about financial stability. In its December financial stability report, released on Wednesday, the RBI argued that CBDCs preserve the “singleness of money and the integrity of the financial system,” and should remain as the “ultimate…

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‘China’s claim as baseless as Trump’s ceasefire talk’ | India News

China’s foreign minister Wang Yi (AP Photo/Andy Wong) NEW DELHI: India has rejected China’s claim of mediation in its conflict with Pakistan, reiterating its stand that the military action was paused following a request from the Pakistani DGMO to his Indian counterpart. Chinese foreign minister Wang Yi claimed on Tuesday that the crisis involving India…

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