The government currently has no roadmap for mergers among public sector banks, Finance Minister Nirmala Sitharaman said, indicating that consolidation is not under active consideration even as a new banking reform panel is set to review the sector’s future.“I am not familiar with any roadmap…there isn’t one,” Sitharaman said in a media briefing after her…
USD1, the U.S. dollar stablecoin of World Liberty Financial — a crypto protocol with close links to President Donald Trump’s family — slipped from its $1 peg on Monday amid what the project’s developers described as a “coordinated attack” against the protocol. The token fell to as low as $0.994 during the day, some 0.6%…
Assam CM Himanta Biswa Sarma (File photo) NEW DELHI: Assam chief minister Himanta Biswa Sarma on Monday claimed there is a “schedule” for several senior Congress leaders to join the BJP in the poll-bound state, a day after former Assam Congress chief Bhupen Borah switched to the ruling party.Sarma, himself a former Congressman, added that…
Check out the companies making headlines before the bell. Arcellx — The biotech stock surged 78% after Gilead Sciences said Monday it agreed to acquire Arcellx for $7.8 billion, offering $115 per share in cash at closing and one contingent value right of $5 per share. Arcellx focuses on immunotherapies for patients with cancer and…
NEW DELHI: Prime Minister Narendra Modi will inaugurate the Noida international airport at Jewar next month, Uttar Pradesh chief minister Yogi Adityanath said during an interaction with the Indian diaspora in Singapore.Highlighting the state’s aviation infrastructure, Yogi said Uttar Pradesh currently has the highest number of airports in the country and that the upcoming airport…
Pre-market trading is showing signs of stabilization, with bitcoin rebounding above $66,000 after briefly falling to $64,400 on Sunday. The move higher comes amid continued uncertainty surrounding President Trump’s proposed tariffs and U.S. tensions with Iran, factors that have weighed on broader risk sentiment. Strategy (MSTR), the largest publicly traded holder of bitcoin, is down…
President Droupadi Murmu on Monday unveiled a bust of Chakravarti Rajagopalachari, the first and only Indian Governor General of independent India, at Rashtrapati Bhavan.The bust, installed at the Grand Open Staircase near Ashok Mandap, replaces that of British architect Edwin Lutyens.PM Modi had earlier announced the replacement during his monthly Mann Ki Baat broadcast.“His (Rajagopalachari)…
Union finance minister Nirmala Sitharaman on Monday explained the reason behind the rise in gold prices and assured that the government is closely monitoring the hikes. After the customary post-Budget meeting with the Central Board of Directors of the Reserve Bank of India, she said, “Most countries today, particularly their central banks, are buying gold…
AI trading bots are touted as smarter than humans in many ways, but they’re still vulnerable to fat-finger blunders just like us. On Sunday, OpenAI engineer Nick Pash’s automated artificial intelligence trading bot “Lobstar Wilde” tried tipping an X handle, called “treasure David,” 4 solana (SOL) for his uncle’s tetanus treatment, but accidentally sent its…
NEW DELHI: Indian forces on Monday said they had eliminated seven terrorists in Jammu and Kashmir’s Kishtwar district after nearly a year of sustained joint operations in the high-altitude Chatroo belt. The operation, carried out by the White Knight Corps along with Jammu and Kashmir Police and the CRPF, followed months of tracking militants through…
