India and Europe have made a “clear choice” to build a strategic partnership by leveraging their complementary strengths to show a new way of engagement to a “fractured world”, European Commission President Ursula von der Leyen said on Sunday ahead of summit talks with Prime Minister Narendra Modi. European Council President Antonio Costa and von…
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mNAV has become the go-to valuation shorthand for bitcoin treasury stocks — but a growing number of analysts are warning it oversimplifies the story. The rise of mNAV in bitcoin finance Over the past few years, a class of publicly traded companies has emerged whose primary value proposition is holding bitcoin on their balance sheets….
Hardeep Singh Puri (PTI image) NEW DELHI: The Congress on Friday demanded the resignation of Union minister Hardeep Singh Puri over his alleged links to the Jeffrey Epstein case, intensifying its attack after the minister acknowledged meeting the disgraced financier several times in a professional capacity.Congress leader Pawan Khera said that the party believes Puri…
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US President Donald Trump on Wednesday (local time) delivered a live address from the White House, highlighting the financial and economic achievements he achieved in his second term. Much of the speech centred on inflation, trade policy, tariffs and household finances, alongside sharp criticism of the previous Democrat administration.Beginning his address, Trump highlighted that he…
NEW DELHI: On this day in 1988, India lowered the voting age from 21 to 18, expanding voter participation and strengthening universal adult franchise in the world’s largest democracy. The 61st Constitutional Amendment, enacted under Article 326, brought millions of young citizens into the democratic process.Introduced by the government led by the then Prime Minister…
The Netherlands’ House of Representatives advanced a legislative proposal on Thursday to introduce a 36% capital gains tax on savings and most liquid investments, including cryptocurrencies. The legislation reached the 75-vote threshold required to advance, with 93 lawmakers voting in favor of it, according to the House tally. Under the proposal, savings accounts, cryptocurrencies, most…
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…
India’s Financial Intelligence Unit (FIU) has rolled out stringent new Anti-Money Laundering (AML) and Know Your Customer (KYC) norms for cryptocurrency exchanges, making live selfie verification and geographical tracking mandatory during user onboarding, according to guidelines issued on January 8, PTI reported. Under the updated framework, crypto exchanges are classified as Virtual Digital Asset (VDA)…
