The African Continental Free Trade Area (AfCFTA) Secretariat and the IOTA Foundation have introduced a digital trade initiative that places stablecoin-based settlement at the center of efforts to overhaul how goods move across Africa. The Africa Digital Access and Public Infrastructure for Trade (ADAPT), formed in partnership with the Tony Blair Institute and World Economic…
Forty-five Umrah pilgrims from Hyderabad and other parts of Telangana have been confirmed dead in a bus fire near Medina in Saudi Arabia, with only one survivor, Hyderabad Police Commissioner VC Sajjanar said on Monday. The incident is among the most tragic overseas accidents involving pilgrims from the state in recent years.“The fire spread rapidly,…
India’s merchandise exports fell 11.8% to $34.38 billion in October, even as inbound shipments registered strong growth, pushing the trade deficit to $41.68 billion, government data released on Monday showed.Imports jumped 16.63% to $76.06 billion, driven largely by a sharp rise in precious metal inflows, PTI reported. Gold imports surged to $14.72 billion, nearly tripling…
NEW DELHI: In the next two decades, Indians facing the threat of going blind due to diabetic retinopathy (DR) could well exceed the entire population of Sri Lanka. This may sound alarming, but data indicates that by 2045, more than 125 million Indians will be living with diabetes — and of these, 16.9%, or over…
Gold and silver prices retreated on Monday as traders pared positions following hawkish remarks from US Federal Reserve officials, which weakened hopes of a rate cut in the upcoming policy meeting. The shift in sentiment pulled bullion prices lower after last week’s strong rally.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped…
Singapore Exchange’s (SGX) derivatives arm will soon let institutions trade one of the crypto market’s most popular instruments: perpetual futures. The SGX Derivatives announced on Monday the launch of bitcoin BTC$95,808.38 and ether ETH$3,207.96 perpetual futures, scheduled to go live on Nov. 24, with a promise to deliver the structure and trust of global derivatives…
NEW DELHI: More than 40 Indian Umrah pilgrims are feared dead after a passenger bus collided with a diesel tanker near Medina in Saudi Arabia early Monday. Video from the scene showed the bus engulfed in flames, with smoke billowing into the night sky as emergency teams and local residents rushed to the spot. Officials…
The biggest advantage of annuities is their longevity protection. (AI image) For most retirees, the most important financial goal is to ensure they don’t run out of money in their sunset years. The transition from earning a salary to depending on one’s savings can be unsettling. After decades of saving and investing, one wants stability,…
A dormant Cardano wallet just vaporized more than $6 million in a single swap after executing one of the most extreme slippage events the network has seen this year. The holder — whose address had not shown any activity since September 2020 — reappeared on-chain Sunday and swapped 14.4 million ADA (worth roughly $6.9 million)…
NEW DELHI: The Indian government, following the tragic bus accident near Medina in Saudi Arabia that reportedly killed 42 passengers, has released emergency helpline numbers to assist families. The Consulate General of India in Jeddah has activated a 24×7 control room, with the following contact details: 8002440003 (toll free), 0122614093, 0126614276, 0556122301 (WhatsApp).The crash occurred…
