The Depository Trust & Clearing Corporation (DTCC), the industry-owned clearing and settlement market infrastructure, has selected the privacy-focused Canton Network as a tokenization partner, the companies said on Tuesday. The partnership, which will enable a subset of U.S. Treasury securities custodied at DTC to be minted on the Canton Network, follows DTCC’s recent receipt of…
NEW DELHI: The Lok Sabha on Wednesday gave its nod to the the nuclear energy bill called the “Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI), 2025”. The bill was passed as opposition staged a walkout, during the ongoing Winter Session.The amended bill was tabled in the lower house, with introduction…
India’s imports of Russian oil are expected to cross 1 million barrels per day this December. (AI image) Donald Trump’s sanctions on Russian oil majors don’t seem to have deterred Indian refiners from procuring crude – though non-sanctioned – from Russia. India’s crude oil imports from Russia are showing resilience in December, days after Trump’s…
MUMBAI: Axis Bank and Google Pay on Dec 17 launched the Google Pay Flex Axis Bank Credit Card, billed as India’s first fully digital, UPI-powered co-branded credit card. The card runs on the RuPay network and is the first product under Flex by Google Pay, marking Google’s entry into the co-branded credit card space.The card…
NEW DELHI: As Delhi-NCR continues to grapple with rising air pollution, the Supreme Court orally observed that the measures implemented by authorities so far have been a “total failure” in effectively curbing the escalating levels of air pollution across Delhi and its neighbouring regions.In a separate development, the Bharatiya Janata Party (BJP) shared a video…
Consumers using CNG for transport and piped natural gas for household cooking are set to see lower fuel bills from January 1, 2026, after the petroleum regulator approved a rationalised pipeline tariff structure aimed at cutting costs, ANI reported.The Petroleum and Natural Gas Regulatory Board (PNGRB) has announced a unified tariff framework that will translate…
The crypto market slipped overnight, with bitcoin BTC$86,920.43 dropping 1.5% from the high it hit in the early hours of Wednesday. The broader market followed suit. The CoinDesk 20 (CD20) fell 1.6% since midnight UTC with all members of the index declining. Bitcoin’s sell-off after failing to break above $94,700 last week has extended a…
On an evening in Bengaluru, 14-year-old Aarav sits at his dining table, staring at a chemistry problem. His notebook lies open. Half the page is crossed out. His next tuition class is two days away.Instead of waiting, Aarav picks up his phone. “Explain this like I’m new to chemistry,” he types into an AI chatbot.The…
This is Apple’s first such evaluation of having specific chips assembled and packaged within India. (AI image) Apple iPhone chips may soon be assembled in India with the tech giant in early discussions with Indian chip manufacturers regarding the assembly and packaging of components for the iPhone. This development could represent a significant advancement for…
A pullback across crypto markets continued on Wednesday, as overall capitalization dropped below $3 trillion for the third time in a month, testing a level that may open the door to further weakness. Selling pressure was concentrated in large-cap assets, particularly those with active ETF exposure, suggesting a shift in institutional positioning rather than broad…
