JPMorgan Chase CEO Jamie Dimon said banks want stablecoin issuers that pay interest on customer balances to face the same rules as traditional lenders, sharpening an ongoing debate over U.S. crypto legislation. In an interview with CNBC on Tuesday, Dimon addressed reported tensions with Coinbase CEO Brian Armstrong, who pulled support for the proposed CLARITY…
The 30th session of the UN climate change conference (COP30) concluded in Belem, Brazil on Nov 22, keeping alive the hope of multilateral processes to find answers to global problems. India was led by the country’s environment and climate change minister Bhupender Yadav during the crucial round of negotiations that finally ended with adopting the…
This is a representative AI image What is luxury?For a woman, simply being able to take a walk at night is often considered a luxury. But this freedom isn’t free. It comes at a cost most people never see, the extra money, effort and emotional labour women pay every day just to exist.Every rupee women…
NEW DELHI: Bharatiya Janata Party questioned Mamata Banerjee’s “won’t resign” remark saying that she was free to approach the Supreme Court in case of any irregularities as alleged by the outgoing West Bengal CM. Banerjee accused the EC of colluding with the BJP after the saffron party won Bengal polls and refused to accept the…
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HYDERABAD: Beauty and personal care giant L’Oreal will set up its first AI-powered global beauty tech innovation hub in Hyderabad. The company will invest 350 million euros (approx Rs 3,500 crore) by 2030. The hub, which will be a first-of-its-kind globally, will focus on developing the next generation of AI-powered beauty innovations.L’Oreal plans to leverage…
The government plans to incentivise states and districts to work closely with industry to identify and address local skill gaps, adopting a hyper-local approach to build a future-ready workforce, a senior official told PTI on Monday.Addressing the CII Smart Manufacturing Summit 2025, Secretary in the Ministry of Skill Development and Entrepreneurship Debashree Mukherjee said the…
Circle has begun using its own stablecoin infrastructure to move money between internal entities, settling $68 million in transfers using USDC, CEO Jeremy Allaire said Saturday. The transactions were executed through Circle Mint, the company’s platform for minting and redeeming USDC. The firm’s treasury team used the system to carry out intercompany transfer pricing —…
