The U.S. stablecoin law prohibits paying interest on stablecoins, but Anchorage aims to offer a template to distribute yield-like rewards to token holders to stay compliant. Source link
Uttar Pradesh CM Yogi Adityanath NEW DELHI: Uttar Pradesh’s department of tourism is set to organise the ‘Viksit Uttar Pradesh @ 2047 – Workshop on Tourism’ on November 27 at Yojana Bhawan. The day-long event marks the drafting of ‘Tourism Vision Document 2047,’ which outlines a strategy for sustainable and inclusive expansion of the state’s…
Check out the companies making headlines before the bell. Nvidia , Alphabet , Broadcom — Nvidia shares were down 3% after The Information reported, citing sources, that Meta Platforms was considering spending billions of dollars on Alphabet’s AI chips. Alphabet shares were up 4% on the back of the report along with Broadcom. Kohl’s — The…
India is pushing to clear a large backlog of delayed national highway projects by the end of March, aiming to cut cost overruns and revive construction momentum after a sharp fall in project awards this fiscal.According to an ET report, the road, transport and highways ministry began the year with 152 stalled projects worth Rs…
Bitcoin’s steep fall over the past few weeks has raised fears of a deeper slump, with Deutsche Bank outlining five major factors behind the decline.Analysts at the bank said they are unsure whether the cryptocurrency will stabilise soon, warning that the latest downturn is different from earlier crashes dominated by retail speculation. Risk-off mood hits…
Trading volumes reached nearly 2,000 lots traded on day one, representing about $35 million in notional value. Source link
NEW DELHI: Twenty-eight Naxalites, including 19 women and 22 cadres carrying a cumulative reward of Rs 89 lakh, surrendered before senior police officers in Chhattisgarh’s Narayanpur district on Tuesday, officials said. According to inspector general of police (Bastar Range) Sundarraj Pattilingam, the group cited their decision was driven by the state government’s ‘Niyad Nellanar’ (your…
Michael Burry — the investor known for predicting the housing meltdown ahead of 2008 — has turned his attention to one of the market’s most beloved themes: artificial intelligence. Burry recently deregistered his hedge-fund firm, Scion Asset Management, removing it from routine regulatory disclosures. But he remains actively investing, and he is doubling down on…
India’s gold loan market is gearing up for strong expansion, with non-bank lenders preparing to open around 3,000 dedicated branches over the next year to meet rising demand. The market, which is largely led by public-sector banks, grew 36% year-on-year to Rs 14.5 lakh crore by the end of September.According to sector heads quoted by…
Gold prices surged on Tuesday in the futures trade, tracking firm global cues as expectations of a US Federal Reserve rate cut next month gained further momentum after dovish comments from top officials. The optimism pushed bullion higher for the third straight session, with traders increasing their bets on easier monetary policy.On the Multi Commodity…
