The Union Cabinet has approved significant reforms for the stock market and insurance sectors. The plan includes allowing 100% foreign investment in insurance, aiming to boost penetration and consumer choice. NEW DELHI: The Cabinet on Thursday cleared rewriting of laws in two critical sectors – stock markets and insurance. The plan is to allow 100%…
A Congress MP has accused a senior BJP member of attending Lok Sabha proceedings “drunk” during Rahul Gandhi’s speech on electoral reforms. The MP cited the individual’s “repeated gestures” and “tottering” as evidence, urging the BJP to prevent such incidents. This allegation follows a recent row over a TMC MP allegedly “vaping” in the House,…
Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services to other platforms. According to Friday’s announcement, Bitnomial’s prediction market will cover crypto and economic events, alongside its existing Bitcoin (BTC) and crypto derivatives…
The government has approved a bill to replace MGNREGA with the Pujya Bapu Gramin Rozgar Guarantee Bill, promising 125 workdays per household. This move aims to counter opposition criticism on funding and boost employment claims, particularly in rural areas. Projects will align with Viksit Bharat National Infra Stack, prioritizing water security. NEW DELHI: Government on…
SRINAGAR: Days after J&K Police arrested two persons in cases dating back nearly 30 years, Hurriyat Conference chairman Mirwaiz Umar Farooq on Friday asked the Omar Abdullah govt to intervene and stop such action. He accused the authorities of “harassing” individuals over matters long settled”, and said the move had created anxiety and uncertainty among…
HBAR trades lower Thursday after breaking through multiple technical levels during an afternoon selloff that pushed the token down 4% to $0.1247. The native token of the Hedera network posts a $0.0082 range representing 6.4% volatility as resistance at $0.1320 proves insurmountable for bulls attempting to extend gains. Volume patterns reveal heightened institutional participation throughout…
JAMMU: Alert BSF troops detained a Jaish-e-Mohammad (JeM) terrorist near the Indo-Pak international border in J&K’s Akhnoor district and seized an M-5 rifle and magazines from him, officials said Friday.Officials identified the JeM operative as Abdul Khalik, a native of Margah village in Rajouri district, who had illegally migrated to Pakistan in 2021.Earlier this week,…
Feature China | Future Publishing | Getty Images Coinbase is gearing up to launch an in-house prediction market, powered by Kalshi, a source close to the matter told CNBC — a strategic play to expand the number of asset classes available on the cryptocurrency exchange at a time some investors are shying away from digital…
Interactive Brokers will now allow retail investors to fund individual brokerage accounts with stablecoins, a step aimed at keeping pace with the increasingly competitive retail trading market, Bloomberg reported Friday. The Greenwich, Connecticut-based brokerage firm competes with rivals including Robinhood Markets Inc. and Charles Schwab Corp. and earlier this year expanded its cryptocurrency trading capabilities…
NEW DELHI: Veteran leader P Chidambaram on Friday hit out at his own party’s government in Karnataka after home minsiter G Parameshwara’s called for demolition of structures constructed using money from drug peddling in the state.In a social media post on X, Chidambaram said that Congress is against “bulldozer justice” and asked the Karnataka government…
