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The European Central Bank (ECB) said it is looking for experts to help draft rules about how a digital euro would work in everyday payments in anticipation of legislation approving a central bank digital currency (CBDC) and a decision by the bank’s governing council to issue one. The ECB opened applications for experts to help…
Hyderabad: State-run miner NMDC Limited on Friday said it has become the first mining company in India to produce 50 million tonnes of iron ore in a single financial year, reaching the milestone just before the close of FY 2025-26.The Hyderabad-based Navratna CPSE under the ministry of steel said the achievement marks a major step…
Asian markets traded mixed on Wednesday as fading momentum in artificial intelligence-linked stocks, elevated oil prices and concerns over persistent inflation kept investors cautious.Japan’s Nikkei 225 edged up less than 0.1% to 62,774.94, while South Korea’s Kospi gained 0.9% to 7,708.05 after recovering some recent losses.Australia’s S&P/ASX 200 slipped 0.3% to 8,645.80.Hong Kong’s Hang Seng…
Stock pickers have long sought to beat the market, and most continue to fail, with the rate of underperformance of U.S. large-cap mutual funds, after fees, against the S&P 500 between 80%-90% of all funds over a decade. But there are ways to think about generating what is known as alpha — outperformance of a…
India delivers 5 tonnes of medical aid to Afghanistan under humanitarian assistance NEW DELHI: India on Wednesday delivered five tonnes of essential medicines to Kabul under humanitarian assistance.Official Spokesperson for the Ministry of External Affairs, Randhir Jaiswal, said in a post on X, “India delivers another 5 tonnes of essential medicines to Kabul, reaffirming its…
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MUMBAI: Tata Trusts is moving the charity commissioner to dismantle a century-old provision barring non-Zoroastrians from serving as trustees of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution.The decision was taken at the board meeting held last Friday. Tata Trusts said the trustees decided to seek alteration of restrictive clauses governing trustee eligibility “to correct…
NEW DELHI: Aam Aadmi Party on Monday received another setback as its key strategist and critic Gyan Singh Mann joined the Bharatiya Janata Party. The move comes as Punjab is set to vote for the civic polls later this month and state assembly elections next year.Gyan, who is also the cousin of Punjab CM Bhagwant…
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