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An initiative to ban the U.S. Federal Reserve from issuing a government-run digital dollar has been approved in an overwhelmingly bipartisan 89-10 vote in the Senate, but it’s tucked inside a housing bill that may run into headwinds in the U.S. House of Representatives. The effort to outlaw a central bank digital currency (CBDC) has…
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NEW DELHI: In an unusual development, Trinamool Congress MPs had sought an appointment with President Droupadi Murmu to apprise her about the welfare initiatives taken by the West Bengal government. However, the Rashtrapati Bhavan turned down their request, citing “paucity of time”, as per sources.This comes after a political row erupted over allegations of protocol…
MUMBAI: Vinay Tonse, former managing director at State Bank of India, will take over as chief executive officer of Yes Bank after incumbent Prashant Kumar completes his term on Apr 6, following a change in the bank’s shareholding after Sumitomo Mitsui Banking Corporation acquired a 20% stake and became its largest shareholder.Tonse spent over 35…
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