The team behind crypto payments app Valora is joining Stripe as the payments giant increasingly expands into blockchain tech and stablecoins, Valora founder Jackie Bona said in a Wednesday blog post. “We’ve seen firsthand how access to stablecoins and crypto rails can expand economic opportunity,” Bona said. “In the past few months, it became clear…
India’s economic growth forecast for this year has been boosted to 7.2% by the Asian Development Bank, a significant upgrade from its previous projection. This upward revision is attributed to a stronger third-quarter performance, with tax cuts playing a key role in stimulating consumer spending. The ADB also anticipates a robust regional economic expansion. NEW…
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve on Wednesday approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue…
BENGALURU: TCS signed a definitive agreement to acquire US-based Salesforce consulting firm Coastal Cloud in an all-cash deal valued at $700 million. Founded in 2012, Coastal Cloud brings AI-led advisory and business consulting capabilities to help clients reimagine sales, service, marketing, revenue, and commerce. With the acquisitions of ListEngage and now Coastal Cloud, TCS said…
NEW DELHI: In a first-of-its-kind move, DGCA on Wednesday set up an eight-member “oversight team” of senior flight operations inspectors to oversee IndiGo’s operational aspects, including monitoring flights, crew availability and pilot shortage situation on a daily basis. Two officials (not pilots) will oversee the cancellation and refund status; payment of compensation to passengers for…
The Commodity Futures Trading Commission has announced the initial names as it stands up its CEO Innovation Council meant to delve into derivatives market-structure developments, especially around tokenization, crypto and blockchain technology. Prominent crypto-sector CEO names such as Gemini’s Tyler Winklevoss, Kraken’s Arjun Sethi and Polymarket’s Shayne Coplan will join chief executives from such mainstay…
Congress leader Rahul Gandhi criticized Home Minister Amit Shah’s response on electoral reforms as “defensive,” asserting that key opposition questions went unanswered. Gandhi highlighted concerns regarding transparent voter lists, EVM architecture, and alleged dual voting by BJP functionaries, noting Shah’s silence on these points and the removal of the Chief Justice from the EC selection…
If approved, the Nicholas Bitcoin and Treasuries AfterDark ETF would buy and sell bitcoin-linked financial instruments outside U.S. trading hours. Source link
IndiGo’s chairman, Vikram Singh Mehta, apologized for recent flight disruptions, denying they were deliberate. He stated external experts will identify root causes to prevent future chaos. Mehta clarified that the airline followed new pilot rest rules and did not compromise safety. A combination of internal and external factors, not intentional actions, pushed systems beyond limits,…
The Delhi High Court delivered a sharp critique to the Union government, condemning its complacency as IndiGo’s flight cancellations wreaked havoc on travel plans and sent prices soaring. The bench voiced concerns over why no preventive measures were taken as the situation deteriorated, placing travelers in precarious positions while calling for reparations. NEW DELHI: Delhi…
