Keel, an onchain capital allocator of the Sky ecosystem focusing on Solana SOL$131.08, has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to grow Solana’s footprint in decentralized finance. The initiative, dubbed the “Tokenization Regatta” and announced at Solana Breakpoint in Abu Dhabi, aims to…
GUWAHATI: At least 22 labourers from Assam are feared dead after a mini truck fell into a deep gorge in Arunachal Pradesh’s Anjaw district near the Indo‑China border. The accident occurred on Monday night along the high‑altitude Hayuliang–Chaglagam road.The incident came to light only on Thursday night when a lone survivor, severely injured, managed to…
Indian corporates with inadequate foreign-exchange hedging could face rating pressure if the rupee weakens sharply, global credit rating agency Fitch Ratings cautioned in a new commentary released on Thursday. The agency said that companies in sectors with limited natural hedges remain the most vulnerable to currency swings, ANI reported.Fitch noted that “in sectors with significant…
Risk assets are under pressure Thursday despite the Fed’s rate cut, with Oracle’s earnings miss piling on alongside the central bank’s hawkish guidance. Bitcoin BTC$90,193.08, the leading cryptocurrency by market value, is trading near $90,000, representing a 2.8% drop over 24 hours, according to CoinDesk data. Futures tied to Wall Street’s tech heavy index, Nasdaq,…
(Image credits: X @IndiaCoastGuard) NEW DELHI: Indian Coast Guard (ICG) on Wednesday seized a Pakistani fishing boat and apprehended 11 crew members for operating illegally in Indian waters, officials said. The detainees have been handed over to the Jakhau Marine Police in Gujarat for further investigation.ICG on Thursday confirmed the interception on X, stating that…
Gold prices surged to fresh highs on Thursday, after the US Federal Reserve delivered its third consecutive interest rate cut, lifting global precious metal markets even as uncertainty lingered over the pace of easing next year. With domestic prices touching new records, Indian buyers are increasingly shifting toward cheaper jewellery options.Gold has jumped sharply from…
President Droupadi Murmu (File photo) NEW DELHI: President Droupadi Murmu arrived in Manipur on a two-day visit on Thursday — her first trip to the state since taking office in July 2022, and also her first since the ethnic conflict erupted in May 2023.The President’s visit comes three months after Prime Minister Narendra Modi travelled…
NEW DELHI: Calling the India–US trade deal “elusive” but nearing completion, chief economic adviser V Anantha Nageswaran on Wednesday said he would be “surprised” if the pact is not sealed by March, further adding that “most issues have been resolved.““I was hoping something would be done by the end of November, but it has turned…
Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…
Gemini Space Station, Inc. (GEMI) said its affiliate Gemini Titan, LLC has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a Designated Contract Market (DCM), allowing the firm to offer regulated prediction markets to U.S. customers, according to a press release issued Wednesday. Per the release, Gemini first applied for…
