Kraken-backed SPAC files for $250 million initial public offering
The SPAC will focus on cryptocurrency ecosystem businesses, expanding Kraken’s presence in public markets. Source link
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US markets today: Wall Street opens higher in holiday-shortened week; S&P 500 nears record
US stock markets opened the holiday-shortened week on a positive note on Monday, with major indices posting modest gains amid light trading volumes and heightened moves in commodities.The S&P 500 rose 0.4% in early trade, hovering just below the all-time high it set earlier this month. The Dow Jones Industrial Average was up 170 points,…
BPCL Q4 profit flat, FY26 net soars 75%
NEW DELHI: State-owned Bharat Petroleum Corporation (BPCL) reported a flat net profit in Q4FY26 after taking an impairment loss of Rs 4,349 crore on its upstream assets. It’s net profit in Q4 was Rs 3,191.5 crore compared with Rs 3,214.1 crore in the year-ago period. For FY26, its net profit soared 75% YoY to Rs…
In a first, DGCA eight-member team to oversee IndiGo flight ops | India News
NEW DELHI: In a first-of-its-kind move, DGCA on Wednesday set up an eight-member “oversight team” of senior flight operations inspectors to oversee IndiGo’s operational aspects, including monitoring flights, crew availability and pilot shortage situation on a daily basis. Two officials (not pilots) will oversee the cancellation and refund status; payment of compensation to passengers for…
The time for clear financial privacy rules is now
In the past, crypto regulation in the U.S. has been badly fractured. Not only did federal agencies fail to collaborate — they outright contradicted and cajoled each other in a turf war to control our nascent industry. But recent signals from regulators suggest movement. Earlier this month, the SEC and the CFTC released a Memorandum…
ET NOW & ET NOW Swadesh set to roll out ‘Budget Yatra’
MUMBAI: ET NOW and ET NOW Swadesh are set to roll out Budget Bharat Yatra 2026, an initiative that seeks to create grassroots-driven budget expectation series, emphasising how the Union Budget can unlock opportunities for businesses, youth, MSMEs, and the next generation of entrepreneurs.Budget Yatra 2026 will be a month-long, multi-city series designed to go…
‘Bombs hurled at police van’: EPS slams DMK govt, says law & order reduced to ‘laughing stock’ in Tamil Nadu | India News
NEW DELHI: AIADMK general secretary Edappadi K Palaniswami (EPS) on Saturday targeted the DMK government and Tamil Nadu chief minister MK Stalin” calling him a “puppet”, and further alleging that “law and order has been reduced to a laughing stock” in the state, after a country-made bomb was hurled at a police vehicle on the…
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Foreign outflow worries ‘overstated’: S&P confident about India amid Middle East crisis; says economy ‘fundamentally strong’
According to S&P Global, fears regarding net foreign investment outflows have been “somewhat overstated”. (AI image) India is handling global financial headwinds more effectively than the headline figures indicate, and concerns surrounding foreign capital outflows may be exaggerated, according to S&P Global Ratings.The observations come at a time when the Iran conflict has triggered an…
‘Grave consequences’: Mallikarjun Kharge at CWC meet says government’s women quota move violates poll code | India News
NEW DELHI: Congress president Mallikarjun Kharge on Friday claimed that the Narendra Modi-led government’s proposed move to amend the women’s reservation law and expand the number of parliamentary seats could violate the Model Code of Conduct and have “grave consequences”. He also asserted that the opposition will move unitedly on this.Addressing a meeting of the…