Wall Street is ‘ring-fencing’ the blockchain tech as Nasdaq’s tokenization plan wins a major regulatory battle

The SEC’s fresh approval of Nasdaq’s tokenized securities framework marks a key turning point for how stocks could trade in the future: it brings blockchain into the core of U.S. equity markets, but on Wall Street’s terms. The regulatory green light allows Nasdaq to test a system where certain stocks and ETFs can be issued…

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Russia plans to step-up energy supply to India – Will it offset Middle East volatility?

NEW DELHI: Russia has offered to increase its supply of crude oil and liquefied natural gas (LNG) to India as the ongoing Middle East crisis adds volatility to the global energy market, reported PTI citing officials familiar with the discussions. The energy cooperation formed a key part of talks on Thursday between Russia’s first deputy…

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Middle East crisis: Amit Shah heading informal GoM on ‘overall strategic issues’ | India News

NEW DELHI: Home minister Amit Shah is heading an informal Group of Ministers (GoM) dealing with “overall strategic issues” that have emerged because of the ongoing conflict in West Asia, including fall in supply of cooking gas and LNG, the primary feedstock for urea production.Shah has already held a meeting with other ministers, including fertiliser…

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Railways’ electrification push reduces diesel consumption by 63% | India News

NEW DELHI: The push for electrification of its network has reduced Indian Railways’ diesel consumption by 185 crore litres annually, equivalent to around four days of India’s total diesel demand. With electrification of railways’ broad-gauge network touching 99.6%, the quantum of diesel use has fallen to around 37% of what it was in 2016-17, officials…

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Middle East Tensions: Middle East tensions: Government says fuel supply, prices stable despite global oil market turmoil

Govt says fuel supply, prices stable despite global oil market turmoil The Centre on Friday said India has managed to maintain stable fuel supplies and uninterrupted maritime operations despite the ongoing Middle East crisis, which has sharply disrupted global energy markets and shipping routes through the Strait of Hormuz.During an inter-ministerial media briefing, the government…

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Russian President’s visit turns parts of city into a fortress | India News

PM Modi with Russia’s Putin NEW DELHI: Russian President Vladimir Putin’s arrival in New Delhi for the bilateral summit triggered a massive security build-up on Thursday, turning critical zones of the capital into a multilayered defensive perimeter. Sources said the protocols in place during G20 summit-2023 have been replicated to ensure safety of the dignitaries.Central…

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Govt approves Rs 10,000 crore Startup India Fund of Funds 2.0, key details to know

The Union Cabinet has approved the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs 10,000 crore to mobilise venture capital for the country’s startup ecosystem.The scheme is aimed at accelerating the next phase of India’s startup growth by mobilising long-term domestic capital, strengthening the venture capital ecosystem…

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