US insurer The Standard has set up StanCorp Global Services India as a new global capability center in Bengaluru and Pune to support its technology transformation and future growth, and has appointed Mohua Sengupta as senior vice president and country head for India.The Standard is a US-based group of companies that offers disability, life, dental,…
Crypto exchange Kraken has raised $800 million in fresh funding, including $200 from investment from Citadel Securities, to accelerate its efforts to bring traditional financial markets onto blockchain infrastructure, the company said Tuesday. The round was split across two tranches, with the main one led by institutional investors including Jane Street, DRW Venture Capital, HSG,…
NEW DELHI: Supreme Court on Tuesday agreed to frame a comprehensive guideline on organ transplant to enable the poor and marginalised equal access to these life-saving surgical procedures and sought joint suggestions from govt and the petitioner.Appearing for the petitioner, senior advocate K Parameshwar told a bench of CJI B R Gavai and Justice K…
Analysts indicate that developments in Indo-US trade negotiations and improving domestic corporate performance could restore market confidence. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Wednesday. While Nifty50 was below 25,900, BSE Sensex was near 84,600. At 9:18 AM, Nifty50 was at 25,886.35, down…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin’s slide under $90,000 looked like the start of a broad…
NEW DELHI: Former vice president Jagdeep Dhankhar on Tuesday met his successor C P Radhakrishnan, marking his first formal interaction with the vice president. No official statement or photograph related to the meeting was issued by the VP’s office, with sources calling it a “courtesy meeting”.Dhankhar had last met Radhakrishnan at the latter’s swearing-in ceremony…
MUMBAI: Representatives of India’s capital market on Tuesday urged finance minister Nirmala Sitharaman to keep the securities transaction tax (STT) on cash equity lower than that of equity derivatives trades in the forthcoming Budget. They also suggested to the ministry that in case of a buyback of shares, tax should be imposed only on profits…
Chainlink’s LINK token surged 4.17% on Tuesday, climbing to just shy of $14 and breaking through multiple resistance levels as institutional demand for oracle infrastructure assets picked up. The move marked a rare show of strength after recent headwinds, with LINK outperforming the advances of bitcoin BTC$93,021.86 and broader market benchmark CoinDesk 5 Index. Trading…
A powerful explosion rocked Nowgam police station in Srinagar, prompting an immediate response from a hospital guard and cook who rushed wounded officers to Ujala Cygnus Hospital. The medical team treated 23 casualties, showcasing their preparedness for mass-casualty events. The hospital manager highlighted the bravery of the initial responders. SRINAGAR: A thunderclap of fire, concrete,…
Reliance Consumer Products (RCPL) is preparing to enter India’s fast-growing pet foods market with an aggressive pricing strategy that undercuts major brands by 20–50%, according to people directly aware of the development. The company has informed distributors that its new brand, Waggies, will follow the same value-led playbook it used during its Campa Cola launch,…
