Each year, the Union Budget draws the nation’s attention as it defines the country’s economic direction for the new financial year. As Finance Minister wields the fiscal scalpel, focussed on tax rates, rebalancing expenditure, and setting priorities, every Indian household, business and policymaker watches keenly to understand what they will gain or lose.Past budgets have…
Reserve Bank of India (File photo) With the beginning of the new financial year, India’s digital payments landscape is poised for a major security overhaul as the Reserve Bank of India (RBI) rolls out stricter authentication norms from April 1.The move comes in response to rising transaction volumes and increasing fraud risks. RBI aims to…
Image used for representative purposes NEW DELHI: An encounter broke out early Saturday in Dolgam area of J&K, after security forces re-established contact with terrorists. The area was cordoned off as Operation Trashi-I entered day 14.“During the ongoing joint Operation TRASHI-I, contact with terrorists was re-established in the early hours of 31 Jan 2026, in…
Hong Kong has missed its own March timeline for HKD stablecoin licensing, with the Hong Kong Monetary Authority (HKMA) yet to approve any issuers despite public signals that the rollout would begin last month. At Consensus Hong Kong in February, Financial Secretary Paul Chan Mo-po said licenses would begin to be issued in March as…
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PM Modi and US President Donald Trump (File photo) NEW DELHI: US President Donald Trump on Thursday described India as a “great country,” a remark that drew attention as it came just hours after he reshared a social media post with anti-immigration rhetoric referring to India and China as “hell holes.”The clarification was conveyed by…
Who is Kevin Warsh? The Man Poised to Lead the Federal Reserve Amidst Economic Uncertainty As the US approaches a potentially pivotal moment in global economic policy, former Federal Reserve Governor Kevin Warsh has emerged as the leading candidate to replace Jerome Powell as the next Federal Reserve Chair, a decision expected to be formally…
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BENGALURU: Mphasis CEO Nitin Rakesh said Blackstone’s stake sale reflects a natural phase in the private equity firm’s investment lifecycle and does not indicate any loss of confidence in the company’s performance. Blackstone acquired a 60.5% stake in Mphasis for $1.1 billion in 2016 and has been invested in the company for over nine years….
During his trip to Davos for the World Economic Forum, Coinbase CEO Brian Armstrong shared that a top executive at one of the world’s 10 largest banks told him that crypto is now their “number one priority” — and that they view it as “existential.” Armstrong’s post, shared on X, highlighted a shift in how…
