Federally chartered crypto bank Anchorage Digital is rolling out infrastructure that allows banks to issue tokenized deposits, joining a growing effort by financial institutions to bring traditional bank money onto blockchain networks. The bank said on Monday that its new platform will help banks to offer round-the-clock payments and settlement services using blockchain technology without…
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Eknath Shinde; Sanjay Raut NEW DELHI: Shiv Sena (UBT) leader Sanjay Raut on Monday took a swipe at Eknath Shinde, saying the Maharashtra deputy chief minister has “given birth to traitors” after six rebel Lok Sabha MPs of Sena (UBT) formally joined the Shinde-led Shiv Sena.This is the latest in a series of controversial remarks…
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Mumbai: Health insurers have still some way to go in winning customer trust. Satisfaction of policyholders at the time of claims remains moderate at 82.8 on a 100-point scale, but a sharp rise in unexplained claim rejections and continued reliance on reimbursement routes are eroding consumer trust, according to Policybazaar’s “Is India Happy with Health…
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The US Treasury Department on Monday issued a general licence allowing the production, delivery and sale of Iranian-origin crude oil, petroleum products and petrochemicals through August 21. The United States has authorised the production, delivery and sale of Iranian oil marking a significant sanctions relief measure as Washington and Tehran continue negotiations aimed at reaching…
A tragic industrial accident at Qatar’s Ras Laffan gas facility has claimed at least 13 lives, including Indian nationals, and injured 66. The blast at the Barzan gas supply facility, ruled an accident, occurred Sunday night. Despite the incident, Qatar’s energy minister assured that domestic needs and LNG exports remain unaffected, though repairs will take…
