NEW DELHI: India and the UK free trade agreement is expected to be implemented from mid-April this year, commerce and industry minister Piyush Goyal said on Friday. The pact needs approval from the UK parliament before it is implemented. Goyal said that it will be the fastest agreement to be approved by the UK parliament….
Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit borrowed funds on Aave, leaving roughly $195 million in “bad debt” on the protocol and triggering withdrawals. Data from DeFiLlama shows that Aave’s TVL fell from about $26.4 billion to…
GUWAHATI: Assam Police and BSF, in a joint operation Sunday, sent 19 illegal immigrants back to Bangladesh. The individuals were apprehended from Nagaon and Karbi Anglong.Chief minister Himanta Biswa Sarma described the move as a “full Doomsday moment” for infiltrators. In an X post, he said they had “disappeared from India, reappeared in their hell…
NEW DELHI: Credit rating agency ICRA has projected a sharp rise in India aviation industry’s losses to Rs 17,000-18,000 crore in FY2026, compared to Rs 5,600 crore in FY2025, due to multiple factors like slowing domestic traffic growth, increase in jet fuel prices and the depreciating rupee. Additionally, 133 aircraft of Indian carriers — representing…
A Chinese court ruled that companies cannot terminate employees just to replace them with artificial intelligence systems, as authorities juggle the need to stabilise the domestic labour market with a global race to develop AI technologies.The court decided that a tech firm in eastern China had illegally fired one of its workers after he refused…
New Delhi: Govt has indicated to exporters that Shipping Corporation of India (SCI) may run container ships to West Asia to help them tide over the problem of high freight costs.Responding to complaints over high input and freight costs, commerce and industry minister Piyush Goyal is said to have conveyed SCI’s plan during a meeting…
NEW DELHI: TVK chief Vijay is set to take oath on May 7 as the chief minister of Tamil Nadu after securing victory in the state assembly elections with 108 seats, ANI reported citing sources on Tuesday. The swearing-in ceremony is likely to take place at the Jawaharlal Nehru Indoor Stadium in Chennai.Vijay’s party emerged…
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Bloomberg Intelligence macro strategist Mike McGlone said Monday that collapsing crypto prices may signal broader financial stress, warning bitcoin could revert toward $10,000 and potentially foreshadow the next U.S. recession. In a post on X, McGlone also said the long-standing “buy the dip” mentality that has supported risk assets since 2008 could be breaking down…
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