NEW DELHI: Mrs. Bectors Food Specialities’ new plant in Indore had just started production for some American buyers when the US announced 50% tariffs on Indian imports. With the trade deal likely to be implemented soon, the company is now hoping that things will slowly fall into place. “Under development business had come to a…
Gold prices edged lower on Wednesday, December 31, with MCX gold futures slipping sharply after recent volatility. MCX gold fell by Rs 1,140, or 0.8 per cent, from its previous close of Rs 1,36,666 to touch an intraday low of Rs 1,35,526. The decline came after a strong rally earlier in the week that was…
USD1, the U.S. dollar stablecoin of World Liberty Financial — a crypto protocol with close links to President Donald Trump’s family — slipped from its $1 peg on Monday amid what the project’s developers described as a “coordinated attack” against the protocol. The token fell to as low as $0.994 during the day, some 0.6%…
Calling the U.S. the “crypto capital of the world,” Commodity Futures Trading Commission (CFTC) Chairman Mike Selig updated his agency’s ongoing plans to provide long-awaited regulatory clarity for decentralized finance (DeFi) developers, crypto derivatives and prediction markets. Speaking this week at the FIA Global Cleared Markets Conference in Boca Raton, Florida, Selig said the U.S….
Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring…
Shiv Sena chief Uddhav Thackeray and MNS president Raj Thackeray NEW DELHI: Senior Maharashtra Navnirman Sena (MNS) leader Sandeep Deshpande alleged on Thursday that Shiv Sena (UBT) corporators were each paid Rs 1 crore to back the BJP in the mayoral election, paving the way for the saffron party’s candidate to be elected mayor of…
NEW DELHI/ MUMBAI: Indian stock market indices were in the red on Monday, while the rupee extended its weakness against the US dollar, amid concerns over American President Donald Trump’s fresh comments over tariffs.The bellwether BSE sensex closed 0.4% or 332 points lower at 85,440 points, while NSE closed 0.3% lower at 26,250. The sensex…
Jairam Ramesh (Image/PTI) NEW DELHI: The Election Commission will hold a press conference at 4 pm to announce the schedule for the general elections to the legislative assemblies of Assam, Kerala, Puducherry, Tamil Nadu and West Bengal. The terms of these assemblies are set to end on different dates in May and June.Ahead of the…
When Karan Singh (Appellant) found himself standing alone, convicted of dowry death and cruelty under Section 304-B (Dowry Death) and Section 498-A of the Indian Penal Code, 1860, his legal options narrowed significantly. Though tried alongside his parents, who were acquitted, the Sessions Court convicted Karan Singh, sentencing him to seven years rigorous imprisonment for…
Tamil Cinema Icon, AVM Saravanan, Passes Away At 86 CHENNAI: M Saravanan, the soft-spoken steward of AVM Productions who nurtured Tamil cinema through more than half a century of changes while helping shape careers of its greatest stars like Kamal Haasan, Sivaji Ganesan, Vyjayanthimala and Sivakumar, died Thursday in Chennai of age-related ailments. He was…
