NEW DELHI: Retail inflation inched up marginally in Nov from a record low in Oct, led by an some uptick in prices of vegetables, eggs, meat and fish, spices – prompting experts to say that it is expected to remain benign for now.Data released by the National Statistics Office (NSO) on Friday showed retail inflation,…
After a 13-page letter from investment powerhouse Citadel Securities advised the U.S. Securities and Exchange Commission that decentralized finance (DeFi) protocols handling tokenized securities demand a closer regulatory grip, the industry answered back with its own correspondence on Friday, calling the arguments “baseless.” “While we share Citadel’s aims with respect to investor protections, orderly markets,…
The Supreme Court has ruled that individual liberty, while crucial, cannot override national security concerns in UAPA cases. Upholding this, the court denied bail to accused in the Jnaneshwari Express derailment case, emphasizing that barbaric acts endangering national integrity are not excusable, even after prolonged incarceration. The apex court stressed the need for expeditious trials…
The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. NEW DELHI: The Cabinet on Thursday cleared rewriting of laws in two critical sectors – stock markets and insurance. The plan is to allow 100%…
A Congress MP has accused a senior BJP member of attending Lok Sabha proceedings “drunk” during Rahul Gandhi’s speech on electoral reforms. The MP cited the individual’s “repeated gestures” and “tottering” as evidence, urging the BJP to prevent such incidents. This allegation follows a recent row over a TMC MP allegedly “vaping” in the House,…
Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services to other platforms. According to Friday’s announcement, Bitnomial’s prediction market will cover crypto and economic events, alongside its existing Bitcoin (BTC) and crypto derivatives…
The government has approved a bill to replace MGNREGA with the Pujya Bapu Gramin Rozgar Guarantee Bill, promising 125 workdays per household. This move aims to counter opposition criticism on funding and boost employment claims, particularly in rural areas. Projects will align with Viksit Bharat National Infra Stack, prioritizing water security. NEW DELHI: Government on…
SRINAGAR: Days after J&K Police arrested two persons in cases dating back nearly 30 years, Hurriyat Conference chairman Mirwaiz Umar Farooq on Friday asked the Omar Abdullah govt to intervene and stop such action. He accused the authorities of “harassing” individuals over matters long settled”, and said the move had created anxiety and uncertainty among…
HBAR trades lower Thursday after breaking through multiple technical levels during an afternoon selloff that pushed the token down 4% to $0.1247. The native token of the Hedera network posts a $0.0082 range representing 6.4% volatility as resistance at $0.1320 proves insurmountable for bulls attempting to extend gains. Volume patterns reveal heightened institutional participation throughout…
JAMMU: Alert BSF troops detained a Jaish-e-Mohammad (JeM) terrorist near the Indo-Pak international border in J&K’s Akhnoor district and seized an M-5 rifle and magazines from him, officials said Friday.Officials identified the JeM operative as Abdul Khalik, a native of Margah village in Rajouri district, who had illegally migrated to Pakistan in 2021.Earlier this week,…
