Ripple Labs is reportedly leading an effort to raise at least $1 billion for a new public-market vehicle that would accumulate XRP, per Bloomberg, testing whether the digital asset treasury trade still works beyond bitcoin. The raise would be done through a special purpose acquisition company, the report citied to people familiar with the matter….
MUMBAI: Reserve Bank of India has set a minimum net worth of Rs 500 crore for a company to be eligible for acquisition financing with even unlisted companies qualifying for such funding. Through its Amendment Directions, 2026, effective April 1, the central bank expands the credit activities commercial banks may undertake, with acquisition finance at…
Financial markets took President Donald Trump’s pick of Kevin Warsh as the next Federal Reserve chair largely in stride, a sign investors see the former Fed governor as a credible steward of monetary policy despite expectations he may push for lower rates. Treasury yields were little changed on Friday immediately following the announcement, a sign…
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NHAI (Representative image) NEW DELHI: Over half a crore highway car users have bought FASTag Annual Pass in past six months since this scheme was launched and there have been 26.5 crore toll payments using the pass @ Rs 15 each at plazas. Data show that there has been a 50% increase in trips of…
Strategy also sold about 800,000 shares for $128 million through its at-the-market program in the same week. If the bitcoin sale did not matter, traders were left asking why it needed to happen at all. One possible answer is the S&P 500. Strategy met the technical requirements for index inclusion in September 2025 but was…
US President Donald Trump on Saturday threatened to impose a 100% tariff on Canadian goods if Ottawa goes ahead with its trade deal with China. Prime Minister Mark Carney visited Beijing last week and struck a deal under which Canada will ease tariffs on Chinese electric vehicles that it imposed in tandem with the US…
NEW DELHI: The India-US trade deal goes some way to alleviate stress on Indian exports but there are “plenty of unknowns” and leaves questions unanswered, says an analysis by Moody’s Analytics, an arm of Moody’s.“The deal assumes that India will end its purchase of Russian oil, but there has been no confirmation from India,” said…
NEW DELHI: Uttarakhand high court on Friday imposed a gag order on Mohammad Deepak and refused to quash FIR against him. The case pertains to the gym owner confronting Bajrang Dal members harassing a Muslim shopkeeper.“That is part of the investigation. Don’t sensitise [sensationalise]. I will restrain you from giving any statement on social media….
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