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The Department for Promotion of Industry and Internal Trade (DPIIT) has issued an updated standard operating procedure (SOP) for processing foreign direct investment (FDI) proposals introducing a defined 12-week timeline and a fully paperless application system, PTI reported.Under the revised framework, decisions on FDI proposals will be taken within 12 weeks, excluding the time taken…
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NEW DELHI: As campaigning intensifies for the Puducherry assembly elections, the Congress has laid out an extensive welfare and governance roadmap, with a strong focus on jobs, social security and full statehood for the Union Territory.Addressing an election rally in Lawspet, Congress MP and leader of opposition in Lok Sabha Rahul Gandhi reiterated the party’s…
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Tokenized silver futures recorded the largest liquidations across the crypto market over the past 24 hours, overtaking bitcoin and ether in a rare reversal of the usual risk hierarchy as a pullback in precious metals spilled into commodities-based crypto futures. According to CoinGlass data, 129,117 traders were liquidated in the past day, with total losses…
So old and crusty are concerns that Tether is either not being upfront about the reserves backing its USDT stablecoin or faces imminent threat of being undercapitalized, that the crypto industry has developed its own two-word dismissive response: “Tether FUD.” Through soaring bull markets, the most brutal of bear markets, the comings and going of…
Air India’s operational turnaround is showing early results, with fleet reliability improving and spare parts availability rising as the airline advances its transformation plan, CEO Campbell Wilson said on Thursday.Speaking during a town hall with employees, Wilson said operational resilience remains a key focus area for the Tata Group-owned carrier and that enhanced fleet reliability…
NEW DELHI: Former Prime Minister HD Deve Gowda on Wednesday responded to Congress president Mallikarjun Kharge’s dig at him for choosing the Bharatiya Janata Party as an alliance partner rather than the Congress.Hours after Kharge’s address in Rajya Sabha, Deve Gowda wrote a letter saying that he was in a “forced marriage” with the grand…
Congressman Steven Horsford told CoinDesk’s Consensus Miami conference Tuesday that his bipartisan PARITY Act is an incremental path forward in a Congress where Senate market-structure negotiations have stalled. “PARITY is designed to set a durable floor, not to be the last word,” he said, noting that existing problems need to be resolved “clearly within the…
