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TeraWulf (WULF) surged 13% early Tuesday as the company unveiled plans for a new large-scale AI and high-performance computing (HPC) campus in Kentucky. The company said it acquired a hyperscale development site capable of supporting more than 1 gigawatt of AI and HPC infrastructure over time. The so-called Muskie Data Campus is expected to deliver…
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KALYANI/KOLKATA: Six Trinamool Congress MLAs and four-time MP Kakoli Ghosh Dastidar attended Tuesday an administrative meeting of Bengal CM Suvendu Adhikari in an apparent act of defiance as the party’s post-poll haemorrhage showed no signs of stopping. The development coincided with TMC Rajya Sabha MP Sukhendu Sekhar Roy striking a discordant note on the May…
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BENGALURU/NEW DELHI: The Congress leadership veered towards a change of guard in Karnataka, amid indications that CM Siddaramaiah has been offered an honourable rehabilitation including possibly a Rajya Sabha berth as part of smooth leadership transition in the state.On a day Siddaramaiah and his deputy and claimant for his post DK Shivakumar met over six…
A growing number of people see the Clarity Act, which intends to establish clear and enforceable guardrails for the U.S. crypto industry, as a sign that Washington has firmly closed the door on the “regulation-by-enforcement” approach seen under the Biden administration to a more structured framework for the crypto industry. And look, on paper, it’s…
CHANDIGARH/ROHTAK: Haryana govt granted another 30 days’ parole to Gurmeet Ram Rahim Singh, the Dera Sacha Sauda chief serving 20 years in prison for raping two women disciples. Tuesday’s release was his 16th parole since 2020 and his second this year after a 40-day parole from Jan 5. Ram Rahim, convicted by a special CBI…
MUMBAI: Sebi is pushing ahead with bond market reforms with plans for bond tokenisation pilots and a new regulatory framework for debt brokers, as it seeks to deepen corporate debt markets beyond their current narrow base of issues and investors. The regulator is looking at easing disclosure norms for debt-only issues.Noting that financing for business…
MUMBAI: The insurance regulator has directed insurers to realign how senior executives are evaluated and paid, linking performance more closely to customer outcomes, transparency, and governance, under a revised framework issued through a circular dated May 25.The Insurance Regulatory and Development Authority of India (Irdai) said insurers must align the performance parameters of key management…
