Old gold exchange transactions at jewellery stores have surged by as much as 60% year-on-year as soaring gold prices encourage consumers to use existing jewellery to fund fresh purchases, according to an ET report citing industry executives.The report said exchange-led purchases now account for almost half of sales at leading jewellery chains. The trend has…
America’s biggest banks, including JPMorgan, Citi and Bank of America, plan to build a shared, tokenized deposit network by the first half of 2027 to protect their deposits from the threat posed by stablecoins, the Wall Street Journal reported. The system will be operated by The Clearing House, the payments company collectively owned by the…
NEW DELHI: Former Tamil Nadu BJP chief K Annamalai on Friday resigned from the party, saying he wanted to start a new “political movement.”He also voiced to end “cult and dynastic” politics. His resignation made the speculations official after days of buzz around his possible exit from the BJP. The development comes a month after…
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NEW DELHI: RJD patriarch Lalu Prasad and former Bihar chief minister Rabri Devi lost their Z-plus security cover after the Bihar government carried out a review of protection arrangements for VIPs in the state.The move was announced through a notification issued on Thursday, which stated that the two senior RJD leaders would now receive security…
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