Fuel prices were raised again on Monday, with petrol becoming costlier by Rs 2.61 per litre and diesel by Rs 2.71 per litre, marking the fourth hike in less than two weeks.The latest increase is expected to add further pressure on household budgets and transportation costs, as consumers continue to grapple with rising fuel expenses…
Rising government bond yields signal a coming “structural” shift that will create a Bitcoin “supercycle” of rising prices, as investors flee debasing assets for one that cannot be inflated, according to Shang Wu, a senior research analyst at crypto exchange BitMEX. The yield on the 30-year US Treasury broke past 5.14% on Tuesday, while the…
KOLKATA: The BJP govt in Bengal has commissioned “holding centres” in all 23 districts for illegal Bangladeshi, Rohingya and other immigrants awaiting deportation, resuming a process stalled by the erstwhile Mamata Banerjee-led TMC govt for a year in defiance of MHA guidelines, report Debashis Konar and Srishti Lakhotia.The order, issued by the state home department…
BENGALURU: A customer books a cleaner through an app. A worker arrives. But this time, there is a camera strapped to the worker’s head.The image has sparked widespread unease online after on-demand home services startup Pronto confirmed to TOI that a small subset of customers can opt into a programme where household jobs are recorded…
MUMBAI: IRDAI has asked the non-life industry to come up with a standard definition of claim and a uniform definition of claim settlement ratio for various lines of business. This followed different companies using different definitions for determining claim settlement ratio, a key metric that is an indicator of companies’ financial health and customer satisfaction.Some…
MUMBAI: After a bull run in the IPO market over the past two years, Indian startups are finding it hard to take the road to Dalal Street. The US-Iran war has thrown a spanner in their IPO plans with many companies delaying listing timelines and going slow on filing draft papers. PhonePe has pressed pause…
MUMBAI: A proxy advisory firm is pressing India’s central bank to require Tata Sons to go public, arguing that its size and systemic importance demand disclosure standards closer to those applied to major financial institutions rather than those typical of private holding companies.InGovern, in a report titled “Tata Sons: The Listing Imperative,” said that where…
Suggests Several Researchers Copying Them Without Check BENGALURU: A surge of AI-generated fake citations has entered scientific literature, with a new study estimating that about 1.5 lakh fabricated references slipped into the record in 2025, most moving from preprints into peer-reviewed journals.This is the central finding of a large-scale study by researchers at Cornell University,…
Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a 2023 class action lawsuit, filed by former customers of the defunct exchange. The plaintiffs allege that Fenwick “facilitated FTX’s fraud” by playing “a key and crucial role in the most important…
BENGALURU: Six police officers, including a sub-inspector, have been suspended for security lapse during Prime Minister Narendra Modi’s visit to the Art of Living (AOL) Foundation in the Karnataka capital on May 10. The action comes nearly two weeks after explosives were found near Kuppareddy Kere, around 2 km from the AOL centre, along the…
