Veteran investor Mark Mobius, widely regarded as a pioneer of emerging markets investing, has died at the age of 89, marking the end of a decades-long career that helped shape global investment strategies, according to a Bloomberg report.According to Bloomberg, Mobius died in Singapore, with the news confirmed in a LinkedIn post attributed to his…
This week’s U.S. Senate Banking Committee hearing to consider edits to the Digital Asset Market Clarity Act has dozens of amendments to weigh, though it’s likely that almost all of them won’t survive the process of Thursday’s event. Lawmakers have pushed forward a range of proposed changes for the market structure bill as it approaches…
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CBIC Chairman Vivek Chaturvedi (File photo- ANI) The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce the proposed Eligible Manufacturer-Importer (EMI) scheme by March 1, with a draft framework expected to be released in five to six days for stakeholder consultation, a top official said on Thursday.Addressing a media interaction in…
Commerce Secretary Rajesh Agrawal held a series of high-level meetings in Moscow to review progress on the proposed India–Eurasian Economic Union (EAEU) Free Trade Agreement, the commerce ministry said on Sunday.During his visit, Agrawal met Andrey Slepnev, Minister in charge of Trade at the Eurasian Economic Commission, and Russian Deputy Minister of Industry and Trade…
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NEW DELHI: Railways on Thursday announced a “rationalisation” of fares for passengers, effective for tickets booked on or after December 26. It aims to balance passenger affordability with the sustainability of railway operations.According to the Ministry of Railways press release, there will be no fare increase for suburban services and season tickets, covering both suburban…
The Reserve Bank of India has allowed both residents and non-residents to exchange Indian rupee notes at foreign exchange counters located in departure halls of international airports beyond immigration or customs checkpoints, according to PTI. Earlier, such counters were permitted only to buy Indian rupees from non-residents and sell foreign currency to them. “On a…
The crypto market dropped back on Thursday with bitcoin BTC$80,861.14 losing around 0.7% since midnight UTC following Wednesday’s rally to a three-month high of $82,800. Ether lost around 1% during Asia and European hours, now trading at $2,325 having briefly topped $2,420 on Wednesday. The broader market is showing early signs of a bullish reversal…
