Broker-dealers regulated by the U.S. Securities and Exchange Commission (SEC) can treat their stablecoin holdings as regulatory capital, according to a tweak this week to a frequently-asked-questions document maintained by the agency. That’s a seismic shift offered in the form of a minor addition to the SEC’s “Broker Dealer Financial Responsibilities” FAQ. It’s on-brand for…
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New Delhi: In an unprecedented decision, the Supreme Court on Friday used its “extraordinary powers” to deploy judicial officers in West Bengal to decide claims for inclusion in voter list and speed up the completion of Special Intensive Revision of electoral rolls. The court emphasised that CM Mamata Banerjee should be aware of the consequences…
Blue Owl BDC’s CEO Craig Packer speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 19, 2025. Brendan McDermid | Reuters The latest tremor in the private credit world involved a deal that should’ve been reassuring to markets. Blue Owl, a direct…
Crude imports from Saudi hit highest level New Delhi: Crude oil imports from Saudi Arabia have hit their highest levels since Nov 2019, clocking nearly 1-1.1 million barrels per day (bpd) in Feb, and overtaking Russia temporarily to emerge as the biggest supplier to India.According to data shared by Kpler, a global data and analytics…
Bathinda: US Immigration and Customs Enforcement (ICE) has arrested an Indian-origin semi-truck driver with roots in Punjab after he allegedly jumped a red light and caused a three-vehicle pile-up that killed a 64-year-old man at Hendricks County in Indiana on Feb 18. Sukhdeep Singh (25) is the fourth Indian-origin person and third Sikh immigrant to…
US ambassador to India Sergio Gor speaks during the signing ceremony of the Pax Silica Declaration between India and the US on sidelines of Global AI Impact Summit 2026, in New Delhi on Friday. (ANI Video Grab) NEW DELHI: US ambassador to India Sergio Gor doubled down on US claims that India has committed to…
Bitcoin BTC$67,801.44 brushed aside a volatile round of U.S. tariff headlines on Friday, inching toward $68,000 and altcoins modestly bouncing. The day began with the U.S. Supreme Court ruling President Donald Trump’s global tariff rollout illegal. The decision did not clarify what should happen to tariff revenue already collected, and it doesn’t necessarily spell the…
Benchmark equity indices rebounded on Friday after the previous session’s sharp sell-off, with the Sensex rising 316 points and the Nifty ending above the 25,550 level, supported by buying in banking and metal stocks.The 30-share BSE Sensex climbed 316.57 points, or 0.38 per cent, to settle at 82,814.71. During the day, the benchmark gained 633.94…
(AP photo) NEW DELHI: India on Friday reiterated its position on Russian oil purchases and the possibility of sourcing crude from Venezuela, after remarks by US envoy Sergio Gor. Clarifying New Delhi’s stance, ministry of external affairs spokesperson Randhir Jaiswal said India would consider Venezuelan crude if it was “commercially viable,” reaffirming the government’s earlier…
