India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3051.08, down 2.6% (-80.64) since 4 p.m. ET on Thursday. Three of 20 assets are trading higher. Leaders: DOT (+1.2%) and APT (+1.0%). Laggards: AAVE (-7.8%) and UNI (-5.5%)….
NEW DELHI: The smooth and peaceful conduct of Bihar assembly elections with the highest-ever turnout of voters, particularly after the first SIR of its electoral roll in over two decades, will boost the confidence of EC as it goes about Phase 2 of SIR across a dozen other states and UTs, including those due for…
File photo: Ex-Fed governor Adriana Kugler (Picture credit: AP) Former Federal Reserve governor Adriana Kugler, who resigned abruptly in August, repeatedly broke the central bank’s strict trading rules before stepping down, according to new disclosures released by US ethics authorities.A report by the US Office of Government Ethics, reviewed after the Federal Reserve referred the…
NEW DELHI: Flagging concerns that Indian arms companies were failing to deliver emergency procurements on time and that some of them were even inflating the extent of indigenous content in their products, Chief of Defence Staff Gen Anil Chauhan has said the armed forces expect “a bit of nationalism and patriotism” in industry’s “profit-driven endeavours”.“Defence…
Stablecoin giant Tether is in discussions to lead a €1 billion ($1.16 billion) funding round for Neura Robotics, a German start-up developing AI-powered humanoid robots. The potential deal would value Neura between €8 billion and €10 billion, the Financial Times reported, citing sources familiar with the talks. If finalized, the investment would represent a sharp…
NEW DELHI: It is a classic case of how Supreme Court does not follow its own rulings. While it has repeatedly held any stay order in criminal matters should not continue for an unduly long time, its stay order on a CBI probe into poaching of animals in Corbett Tiger Reserve (CTR) has been in…
The Senate Agriculture Committee released its own discussion draft market structure bill, addressing digital commodities and how the Commodity Futures Trading Commission might oversee that sector of the crypto market. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The…
New Delhi: Investigators probing Monday’s Delhi blast suspect that triacetone triperoxide aka TATP could be one of the key components of the IED that was in the car that exploded on Monday evening near Red Fort. At least two-three kg ammonium nitrate and fuel oil might also have been used along with other chemicals, which…
PATNA: Bihar CM Nitish Kumar will resign Monday to clear the way for a new NDA govt, a senior JD(U) functionary said Saturday. Nitish is expected to chair the last cabinet meeting of the outgoing govt, then head to Raj Bhavan to submit his resignation to the governor.After returning, he will attend JD(U)’s meeting of…
