NEW DELHI: It is turning into a season of splits and rebellion in opposition parties. Amid unrest within the Trinamool Congress, similar questions of a split are now being raised over the future of the Uddhav Thackeray-led Shiv Sena (UBT).Speculations intensified on Tuesday after a visit to New Delhi by senior party leader Sanjay Raut…
For decades, companies have turned to futures markets to manage uncertainty. Airlines hedge fuel costs. Farmers hedge crops. Manufacturers hedge metals. Now a startup wants to bring that same financial machinery to artificial intelligence. Silicon Data, a company that tracks pricing across cloud providers and GPU marketplaces, has partnered with CME Group to launch what…
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Wall Street’s largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could swell into the trillions of dollars as digital dollars become a larger part of the financial system. State Street Investment Management introduced the State Street Stablecoin Reserves Money Market Fund on Tuesday, a government money market fund…
Benchmark equity indices Sensex and Nifty continued their upward momentum for the third consecutive session on Tuesday, helped by positive global market trends, foreign fund inflows and easing crude oil prices after the reported peace deal between the US and Iran, reported PTI.The 30-share BSE Sensex gained 544.15 points, or 0.71 per cent, to close…
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