Harvard Endowment Takes Rare Leap Into Bitcoin With $443M Bet on BlackRock’s IBIT


Harvard University’s endowment has disclosed a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT), making the fund’s largest known equity position a spot bitcoin exchange-traded fund. According to the university’s latest 13F filing with the U.S. Securities and Exchange Commission, the investment fund held 6.8 million shares of IBIT as of the third quarter…

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Air pollution: Car now status symbol, says SC; adds ‘rich people should also sacrifice’ | India News

NEW DELHI: The Supreme Court on Tuesday backed the use of electric vehicles as Delhi continues to battle air pollution. The apex court said that car ownership has turned into a status symbol and urging greater responsibility from rricher sections of society.Hearing a plea related to air pollution, CJI Surya Kant remarked that personal transport…

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New labour codes: Does your salary & wage definition, PF contribution, ESI, gratuity payout & bonus change? Explained

Some of the key provisions of the new labour codes include minimum wages, gratuity payout for fixed term employees after a year of service. (AI image) New labour codes decoded: The government has introduced new labour codes that have wide-ranging implications for your salary structure, provident fund contributions, bonus payout, ESI benefits, gratuity payout and…

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Punjab: Mann government expands pregnancy care at Aam Aadmi Clinics; 10,000 women get free ultrasounds in four months | India News

Punjab: Mann government expands pregnancy care at Aam Aadmi Clinics; 10,000 women get free ultrasounds in four months The Punjab government has expanded pregnancy-related healthcare services at Aam Aadmi Clinics, with official data showing increased use of ante-natal care across the state within four months of the rollout.According to the government, more than 10,000 pregnant…

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Indian markets resilient in uncertain times: Sebi chief

NEW DELHI: India’s capital markets have remained resilient and recorded strong and sustained growth against the backdrop of geopolitical tensions, trade uncertainties, tariff barriers, the pandemic and emerging challenges such as AI, Securities and Exchange Board of India chairman (Sebi) Tuhin Kanta Pandey said on Friday.“This shows the underlying strength of our market institutions and…

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Nadella pledges $17.5 billion AI, cloud funding in India

Microsoft is injecting a massive $17.5 billion into India, its largest investment in Asia, to bolster cloud and AI infrastructure. This significant commitment, alongside Google’s plans, underscores India’s growing importance as a global AI hub. The investment aims to enhance skilling and operations, positioning India as a frontier AI nation ready for transformative growth. NEW…

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BSE expansion plan: Exchange approaches MMRDA for land parcel in Mumbai’s Bandra Kurla Complex

The Bombay Stock Exchange (BSE) has approached the Mumbai Metropolitan Region Development Authority (MMRDA) seeking allotment of land in Bandra Kurla Complex (BKC) as part of plans to expand its operational presence in Mumbai, PTI reported.In a statement on Saturday, MMRDA said BSE Managing Director and CEO Sundararaman Ramamurthy and Chief Regulatory Officer Kamala Kantharaj…

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