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If approved, the ETFs could begin trading as early as September. While regulatory approval is not guaranteed, the filing signals growing institutional comfort with marrying traditional equities and cryptocurrency in regulated wrappers. These filings follow the recent debut of BlackRock’s Income ETF, which allows institutions to monetize cryptocurrency’s volatility. The 11 spot bitcoin ETFs in…
India has launched an anti-dumping investigation into imports of Resorcinol, a key chemical used in tyres, rubber products and industrial applications, from China and Japan following allegations that low-priced shipments are hurting domestic manufacturers, PTI reported.The probe was initiated by the Directorate General of Trade Remedies (DGTR) after a complaint filed by Atul Ltd, which…
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A sharp selloff in technology stocks weighed on sentiment. Fresh geopolitical concerns also added to the cautious mood in the market. (AI image) Stock market breaks winning streak: Indian equity benchmark equity indices, BSE Sensex and Nifty50, snapped their five-session winning streak on Friday, with the Sensex shedding 607 points and the Nifty settling at…
File photo: PM Modi with Malaysian Prime Minister Anwar Ibrahim India’s growing soft-power presence and cultural diplomacy is witnessing a new vigour in Malaysia, one of India’s key economic partners and a historically connected Asean nation in the region.The centuries-old civilizational bond between the two countries, anchored by 2.9 million strong Indian origin diaspora, has…
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Addressing the media on the sidelines of the G7 Summit in Evian, Misri described trade, technology and regional and international security as the key pillars of discussions between the India and UK. The India-UK free trade agreement will deepen ties far beyond trade and technology, creating new opportunities for businesses and people in both countries,…
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