South Korean President Lee Jae Myung As he arrived in India for a State visit, South Korean President Lee Jae Myung said Koreas and India must work closely as emerging global leaders amid heightened geopolitical uncertainty, and that the 2 countries can give a new direction to multilateralism when it’s faced with mounting challenges. In…
The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world assets (RWAs) grow in market capitalization. “So far, the use of stablecoins remains limited, but their market capitalization…
NEW DELHI: The opposition on Sunday accused PM Narendra Modi of shedding “crocodile tears” over women’s quota, as it stepped up its attack on him for delivering a “political speech in the garb of an address to the nation“. Highlighting that the PM “spewed venom” against the opposition for 29 minutes on Doordarshan, Congress spokesperson…
Institutional investors are warming to digital assets, with improving sentiment and broader use cases emerging as key drivers of adoption, according to a new survey from Tokyo-based bank Nomura and its crypto unit Laser Digital. The study, based on responses from more than 500 investment professionals in Japan, found that 31% of respondents now hold…
South Korean President Lee Jae Myung Make in India, Together with Korea: Korean president backs Atmanirbhar BharatAs he arrived in India for a State visit, South Korean President Lee Jae Myung said Koreas and India must work closely as emerging global leaders amid heightened geopolitical uncertainty, and that the 2 countries can give a new…
KOLKATA: PM Narendra Modi sharpened his attack on Trinamool Congress, declaring in rallies across Bengal that “mothers and sisters” would punish it for stymying the women’s reservation bill and urging voters to deliver “maha-punishment” to what he called “maha-jungleraj”, reports Rohit Khanna. Addressing four rallies in six hours Sunday — Bankura’s Barjora, Purulia, Jhargram and…
A roughly $292 million exploit over the weekend has rattled the crypto industry, exposing vulnerabilities in decentralized finance (DeFi) infrastructure and raising concerns about knock-on effects across lending protocols. While investigations are still ongoing, early analysis suggests the attack centered on Kelp’s rsETH token — a yield-bearing version of ether (ETH) — and the mechanism…
KOLKATA/NEW DELHI: Enforcement Directorate (ED) on Sunday raided the residence of a Kolkata Police DCP (Special Branch), Shantanu Sinha Biswas and arrested city businessman Joy Kamdar in a moneylaundering probe linked to alleged illegal land deals and extortion . The ED action during the Bengal poll season came days after I-T searches at the home…
BENGALURU: A small, dissolving tube developed in a Bengaluru lab is moving a step closer to hospital use, offering a way to avoid repeat procedures after major abdominal surgeries.The device, called the “Asthana Stent”, is the result of a collaboration between liver transplant surgeon Sonal Asthana of Aster CMI Hospital and researchers led by Kaushik…
Three wallets, one denial, and $5.7 billion in market cap gone in 48 hours. RaveDAO’s RAVE crashed by 90% over 24 hours after crypto exchanges Binance and Bitget opened investigations into trading activity that catapulted the token to a $6 billion market cap last week. Bitget CEO Gracy Chen confirmed the probe on X, and…
