Tether Buying Gold: ‘James Bond-style’ bunker: Why a crypto firm is buying more gold than most central banks

Gold is not just another metal. For centuries, the yellow metal has been a symbol of safety and stability, serving as a reliable hedge when markets turn volatile. Centuries ago, kings hoarded it to display their power, then, as nations modernised, central banks began stockpiling gold to shield their economies against crises. But recently, gold…

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AI can help India realise ‘Viksit Bharat’ dream, says IMF MD Kristalina Georgieva

IMF MD Kristalina Georgieva IMF managing director Kristalina Georgieva said that artificial intelligence can fulfil India’s ambition of Viksit Bharat while boosting global growth by 0.8%.Speaking at the AI Impact Summit, Georgieva cited research by the International Monetary Fund and said that AI could accelerate growth significantly across the world. ‘Crucial Role For India In…

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Chennai-based startup to build India’s 1st e-air taxi

ePlane Company’s Air Tax New Delhi: Chennai-based startup The ePlane Company is building India’s first electric air taxi, the e200x, using advanced technology from Nvidia. Engineers have created a highly detailed “digital twin” of the aircraft using Nvidia Omniverse software, allowing them to test flight physics, sensors and emergency scenarios in a virtual world before…

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ICICI Prudential Pension Fund launches first Swasthya Scheme

Mumbai: ICICI Prudential Pension Funds Management Company has launched the country’s first Swasthya Pension Scheme under the regulatory sandbox of the Pension Fund Regulatory and Development Authority, seeking to help subscribers build a long-term retirement corpus while creating flexibility to meet medical expenses.Speaking at the launch, PFRDA chairman Sivasubramanian Ramann said that the critical feature…

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Pax Silica: What is the US-led tech bloc ‘Pax Silica’ India may join? Trade agreement negotiations progress | India Business News

India likely to join US-led Pax Silica alliance (IANS) NEW DELHI: India is likely to formally join the US-led Pax Silica strategic alliance on Friday, amid efforts by New Delhi and Washington to finalise a proposed trade deal and advance other initiatives to strengthen ties.Pax Silica is an initiative aimed at building a secure, resilient…

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Pax Silica: India-US sign Pax Silica Declaration: New Delhi’s entry ‘strategic and essential’

India entered the US-led Pax Silica strategic alliance on Friday, as the two sides signed Pax Silica Declaration in presence of Union minister Ashwini Vaishnaw and US under secretary of state for economic affairs, Jacob Helberg. This comes after US envoy Sergio Gor invited India to enter the bloc last month continuing efforts to finalise…

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India-US trade deal operational soon! Other FTAs will follow, here’s what Union minister Goyal said

India is set to operationalise its recently signed trade deals with the United States, the United Kingdom, and other countries soon. Earlier this month, India and the US announced that they had reached an interim trade deal, scheduled for formalisation in March. Union commerce and industry minister Piyush Goyal said on Friday that the deal…

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