Circle Internet’s (CRCL) dollar-pegged stablecoin, USDC, grew faster than larger rival Tether’s USDT for the second straight year in 2025, fueled by rising demand for regulated, blockchain-based dollars as the U.S. government warmed to digital assets. USDC’s market capitalization increased 73% to $75.12 billion while USDT added 36% to $186.6 billion, according to CoinDesk data….
Indian banks are likely to benefit from enhanced regulatory oversight by the Reserve Bank of India (RBI) and a more robust supervisory toolkit, which should lower systemic risks and improve the sector’s operating environment, global rating agency Fitch said in a report.Fitch noted that these regulatory shifts, combined with strong economic growth prospects and reduced…
NEW DELHI: Karnataka chief minister Siddaramaiah on Tuesday expressed his confidence that he would complete the tenure of five years as the chief minister. He further added that the final decision shall ultimately land in the hands of the Congress high command.In response to his statement, Karnataka deputy chief minister DK Shivakumar extended his best…
Check out the companies making headlines before the bell: Nvidia — The chip stock rose 0.5% after the company unveiled new autonomous vehicle software at CES, the global tech conference. Vistra — Shares rose 4.7% after the electricity generation company said it agreed to acquire Cogentrix Energy for roughly $4 billion. Microchip Technology — The…
India is expected to see a sharp surge in battery energy storage capacity this year, with additions likely to rise almost ten times to around 5 GWh in 2026 from 507 MWh in 2025, driven largely by a massive pipeline of projects now moving into the execution stage.According to a study released by the India…
By Omkar Godbole (All times ET unless indicated otherwise) As bitcoin BTC$93,235.03 clings to recent gains above $93,000, capital shifts from memecoins to utility tokens, with assets supposedly linked to artificial intelligence (AI) leading the charge. CoinDesk’s Culture and Entertainment Select Index, Metaverse Select Index, 10 Capped ex-Bitcoin Index, and the DeFi Select Index have…
TMC’s Abhishek Banerjee (File photo) NEW DELHI: Trinamool Congress (TMC) leader Abhishek Banerjee on Tuesday said he had to borrow a chopper from Jharkhand chief minister Hemant Soren after his helicopter was not given a clearance to attend a poll rally.Calling the non-clearance a “trick” by the rival BJP, Banerjee said, “BJP thinks these tricks…
Driving the news Indian investors are entering 2026 after one of the most counterintuitive years in recent memory. While the Nifty 50 clawed back to record highs after a frustrating 14-month consolidation, the true “multibagger” wasn’t a tech stock or a small-cap darling: it was gold.The yellow metal surged from roughly Rs 78,000 per 10…
File photo: Chinese President Xi Jinping and Japanese PM Sanae Takaichi (Picture credit: AP) China on Tuesday banned exports of dual-use goods that can serve both civilian and military purposes to Japan, a move that comes amid heightened tensions between the two countries over Taiwan.In a statement, China’s commerce ministry said exports of such items…
NEW DELHI: The Supreme Court on Tuesday observed the unusually high number of interlocutory applications being filed in the stray dogs case. It also remarked that these many applications are not even seen in human cases.A bench of Justices Vikram Nath and Sandeep Mehta observed this when two lawyers mentioned the interlocutory application filed by…
