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The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world assets (RWAs) grow in market capitalization. “So far, the use of stablecoins remains limited, but their market capitalization…
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NEW DELHI: Opposition protests against the bill to amend the foreign contribution regulation law rocked Parliament on Wednesday, forcing adjournment of proceedings in Lok Sabha amid allegations that the BJP was trying to control independent NGOs.Opposition MPs also held a protest in the Parliament complex. As LS was convened, opposition members started raising slogans against…
NEW DELHI: Government may hike the foreign direct investment (FDI) limit in the pension sector to up to 100% and a Bill in this regard is expected in the next Parliament session, according to sources. This would align with the insurance sector where up to 100% FDI is permitted.Last year, Parliament approved a Bill to…
Check out the companies making the biggest moves before the bell: USA Rare Earth — Shares rose more than 21% after the Trump administration took a stake in the rare earths miner. The company will issue 16.1 million shares of common stock and 17.6 million in warrants. Allied Gold — The gold miner climbed more…
T’puram/ Kochi: CPM on Sunday announced it will contest 86 assembly seats in Kerala and named 81 candidates, including six CPM-backed Independents and 10 women. Soon after, many CPM candidates took to the streets, organised rallies, and began campaigning on Sunday itself. CPM state secretary, M V Govindan, said that of the 86 candidates, 75…
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