Leading decentralized lending platform Aave has asked a U.S. federal court to block an attempt by victims of North Korean terrorism to seize about $71 million in crypto frozen after last month’s rsETH-related exploit, escalating a dispute that has already split Arbitrum’s governance. The filing, submitted Monday in the Southern District of New York, seeks…
UAE Corporate Tax Exemption for Non-Commercial Sports Entities Announced In a significant fiscal and policy shift this week, the United Arab Emirates Ministry of Finance announced a new corporate tax exemption for non-commercial sports entities under Cabinet Decision No. (1) of 2026, marking a major development in how the UAE supports and positions its sporting…
CHENNAI: Speaker JCD Prabhakar on Tuesday accepted the handwritten resignation letter of former Minister and sitting Ambasamudram MLA Esakki Subbaiah, after initially rejecting a typed version.Subbaiah is expected to join the ruling Tamilaga Vettri Kazhagam (TVK). This follows Monday’s resignations of three MLAs from the rebel camp led by former AIADMK ministers C Ve Shanmugam…
OKX Ventures, the venture capital arm of the global cryptocurrency exchange, has made a strategic investment in STBL, a next-generation stablecoin and yield infrastructure provider. STBL, co-founded by Reeve Collins, who also co-founded Tether, and tokenization pioneer Avtar Sehra, also announced a partnership with Hamilton Lane (HLNE), an alternative-investment management firm, and Securitize, a regulated…
Bharat Coking Coal (BCCL) IPO entered its third and final day on Tuesday, continuing to attract strong investor interest. The Rs 1,071-crore issue is currently commanding a grey market premium (GMP) of Rs 11, indicating nearly 46% gains over the upper price band of Rs 23 ahead of its listing.The GMP reflects strong positive sentiment…
State-run Hindustan Copper Ltd. has emerged as the preferred bidder for the Baghwari-Khirkhori Copper and Associated Mineral Block in Madhya Pradesh after submitting the highest final price offer in a forward e-auction. The auction for the grant of a composite licence covering mining lease was successfully concluded on January 22, with communication received on Saturday,…
NEW DELHI: The investigation into the Air India AI 171 crash in Ahmedabad, which killed 260 people in June 2025, is in its final stage, and the report is expected to be made public within a month, Union civil aviation minister Rammohan Naidu said on Friday.He added that the probe is being conducted with “seriousness,…
NEW DELHI: Integrated shipping and logistics company Maersk has decided to levy a temporary emergency bunker surcharge on new cargo bookings to ensure the cross-border movement of essential items amid the ongoing crisis in West Asia. However, the surcharge is subject to regulatory approvals and will apply globally, including India, without exception from March 25,…
Foreign investors continued exiting Indian equities in April, offloading Rs 48,213 crore ($5.14 billion) from the cash market in just the first ten days of the month, as global uncertainty and geopolitical tensions continued to weigh on sentiment. This sustained selling comes after a historic pullback in March, when foreign portfolio investors (FPIs) exited with…
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