Aadhaar-based verification is set to move further away from paper trails, with the Unique Identification Authority of India (UIDAI) preparing to notify a new rule mandating registration of entities that seek offline Aadhaar verification, reported PTIThe proposed rule aims to discourage practices such as hotels, event organisers and similar entities collecting photocopies of Aadhaar cards…
NEW DELHI: Navjot Singh Sidhu‘s wife, Navjot Kaur Sidhu, triggered a controversy after claiming that someone who wishes to become Congress‘ chief ministerial face in Punjab has to offer a suitcase of Rs 500 crore in the party.While talking to reporters on Saturday, Navjot said that she and her husband do not have such a…
Leading paint companies are turning cautiously optimistic about the December quarter, expecting a recovery in volumes and margins after a rain-disrupted first half, even as competition in the sector remains intense.Executives from Asian Paints, Kansai Nerolac, Berger Paints and AkzoNobel India said recent trends point to a demand revival from September, with benign raw material…
Glassnode’s latest weekly report highlights similarities between current market conditions and the early stages of the 2022 bear market, otherwise known as crypto winter. The first metric that suggests stress is the elevated risk of top buyer capitulation. Glassnode’s supply quantiles cost basis, which tracks the cost basis of supply held by top buyers, shows…
Chinese internet companies don’t have enough compute to power their artificial intelligence ambitions — and they aren’t about to buy Nvidia outright. That’s a key takeaway from the latest earnings season. Alibaba reported cloud-related revenue surged by 34% year-on-year to the equivalent of $5.6 billion. Management said demand was outstripping supply, and indicated they might…
US President Donald Trump has framed his sweeping tariff policy as essential for protecting American workers and manufacturing, promoting it as a cornerstone of his “America First” agenda.Since returning to office this year, the Trump administration has overseen a historic surge in tariff collections. According to Fox Business, total duty revenue reached $215.2 billion in…
LONDON: London morgue workers were exposed to deadly gases after opening the coffins of British victims of the AI171 crash, which were repatriated to the UK from India, a UK coroner has warned.A number of bodies of the 53 British victims of the June 12 plane crash, which killed 241 people, were repatriated to Westminster…
SoftBank-backed digital commerce ecosystem AceVector Ltd has filed updated draft red herring prospectus (UDRHP) with markets regulator Sebi for its proposed initial public offering, which includes a fresh issue of shares worth Rs 300 crore, according to PTI.The IPO will also feature an offer for sale (OFS) of 6.38 crore shares by existing shareholders. Promoter…
Gold prices are expected to remain on a positive footing in the coming week as investors await cues from the US Federal Reserve’s monetary policy decision, with a weaker rupee adding to support in the domestic market, analysts said, PTI reported. The bias for the yellow metal remains constructive amid expectations of an interest rate…
Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network. According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum…
