The asset manager said bitcoin’s institutional adoption and asset tokenization are pushing digital assets toward scale, potentially reaching tens of trillions by decade’s end. Source link
NEW DELHI: Chief of Defence Staff General Anil Chauhan on Thursday released the Military Quantum Mission Policy Framework, a comprehensive document that includes the policy and the roadmap to implement quantum technologies in the armed forces in order to prepare them for technology-centric future warfare.The policy framework aims to integrate four pillars of quantum technologies…
NEW DELHI: The US Securities and Exchange Commission has asked a US court for permission to personally email summons to Indian billionaire Gautam Adani and group executive Sagar Adani over alleged fraud and a $265 million bribery scheme, filings show.India, the SEC said, has previously refused two requests to serve the summons. In the most…
NEW DELHI: IndiGo net profit fell 78% to Rs 549 crore in the tumultuous Dec quarter due to flight disruption and provisions for higher gratuity and leave encashment as mandated by the labour code.IndiGo CEO Pieter Elbers, who has been issued a warning by aviation regulator for the airline’s failure to plan for crew flying…
MUMBAI: US-based private equity (PE) firm General Atlantic is buying a minority stake in Rajkot’s Balaji Wafers amid growing investor appetite for local snack food brands. The companies did not disclose the financial terms of the deal announced on Thursday. General Atlantic, it is learnt, is picking up a 7% stake for over Rs 2,000…
NEW DELHI: Prime Minister Narendra on Thursday had a telephonic exchange with Brazilian President Luiz Inacia Lula De Silva.According to a statement by the ministry of external affairs, both the leaders reaffirmed their commitments to strengthen India-Brazil strategic partnership“Prime Minister Narendra Modi received a telephone call today from the President of Brazil, Luiz Inácio Lula…
Check out the companies making the biggest moves in premarket trading: Procter & Gamble — The consumer packaged goods company shed nearly 1.5% after its fiscal second-quarter revenue missed expectations. Procter & Gamble reported revenue of $22.21 billion, less than the $22.28 billion expected from analysts polled by LSEG. However, its earnings of $1.88 per…
NEW DELHI: The European Union has renotified the list of products on which preferential tariffs for Indian goods will continue until Dec 2028, officials said.Over the years, benefits for Indian exports under the generalised system of preferences (GSP) have been reduced and around 47 per cent of India’s exports to the EU, valued at $35.6…
A record surge in activity on the Ethereum network is likely being driven by scam-related behavior rather than genuine user growth, according to the bank’s analysts. Source link
MUMBAI: Tiger Global and Microsoft will fully exit PhonePe as the Walmart-owned fintech gears up for a debut on Dalal Street in the coming months. The first Indian business from Walmart’s stable to go public, PhonePe is seeking to raise about Rs 12,000 crore ($1.3 billion) through an offer for sale (OFS). Walmart, which holds…
