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The Export Promotion Mission will consolidate multiple schemes into a single mechanism. (AI image) Prime Minister Narendra Modi-led Union Cabinet on Wednesday approved an Export Promotion Mission (EPM) with an outlook of Rs 25,060 crore. The move assumes significance at a time when India’s exports to the US face a penal 50% tariff. Additionally, the…
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Centrifuge, a real-world asset (RWA) protocol, unveiled Wednesday a tokenization platform designed to help institutions, fintech startups and decentralized finance (DeFi) applications create tokenized financial products faster and more securely. The new platform, dubbed Centrifuge Whitelabel, provides modular infrastructure for creating tokenized versions of assets from private credit and insurance to energy infrastructure and equity,…
NEW DELHI: The government on Wednesday passed a resolution condemning the car blast near Delhi’s Red Fort as a “terrorist incident”.“The country has witnessed a heinous terrorist incident perpetrated by anti-national forces through a car explosion near Red Fort on 10th November,” Union minister Ashwini Vaishnaw said during a Cabinet briefing, which began shortly after…
US stocks edged higher on Wednesday, with benchmark indices inching toward record levels as easing worries over the government shutdown and a rebound in technology shares buoyed investor sentiment, according to an AP report.The S&P 500 rose 0.2% in early trade, nearing its all-time high from two weeks ago, while the Dow Jones Industrial Average…
Donald Trump (File photo) The TOI correspondent from Washington: US President Donald Trump’s blunt declaration that America “doesn’t have certain talents” detonated an epic meltdown across MAGA circles on Wednesday, with his Fox News interview that touched on the subject of H1-B visas and foreign students exposing a widening chasm between the MAGA boss and…
As China rolls out a grand plan for integrating artificial intelligence into the economy, the latest earnings results show that some companies are already seeing results amid slower overall growth . Mainland China stocks, known as A shares, have so far reported third-quarter earnings growth of 12% from a year ago, according to UBS Securities…
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