Tether’s U.S.-focused stablecoin grows 500% in a month, but still lags Circle, Ripple, Paypal

Stablecoin giant Tether’s U.S.-focused digital dollar token USAT (USAT) expanded more than sixfold month-over-month in April, it still lags far behind its rivals. According to the latest reserve report signed by Deloitte and published Thursday, the token’s circulating supply hit $140.8 million as of April 30, up from $22 million in March and posting a…

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Government Warning Industrial Consumers: Government warns industrial consumers against purchase from retail pumps | India News

NEW DELHI: Issuing a strict warning to industrial consumers buying diesel from retail outlets due to differential pricing and creating an artificial shortage of fuel in parts of the country, govt on Wednesday said there were “more than adequate” supplies of petrol and diesel to meet demand.Govt said industrial consumers were diverting their purchases to…

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India’s energy investment likely to reach record $170 bn in 2026: IEA

New Delhi: India’s energy investment is likely to reach a record $170 billion in 2026, driven by a push towards renewable energy capacity addition, strengthening of transmission and distribution networks, and deployment of storage systems to support the grid and reduce curtailment, the International Energy Agency (IEA) said in its latest report.The power sector accounts…

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