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The Department for Promotion of Industry and Internal Trade (DPIIT) has issued an updated standard operating procedure (SOP) for processing foreign direct investment (FDI) proposals introducing a defined 12-week timeline and a fully paperless application system, PTI reported.Under the revised framework, decisions on FDI proposals will be taken within 12 weeks, excluding the time taken…
Chicago-based trading giant DRW has spent decades profiting from mismatches between different asset classes, and now it’s building a dedicated prediction market desk targeting platforms such as Polymarket and Kalshi. The move is one of the clearest signs yet that sophisticated “quantitative trading” firms — traders that use complex math and analysis to set up…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday, January 27, participated in the traditional Halwa Ceremony, marking the start of the final phase of preparations for the Union Budget 2026–27, scheduled to be presented on February 1.The ceremony was held at the Budget Press in North Block, New Delhi.At the ceremony, Sitharaman was accompanied by…
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A view of a Bitcoin ATM at Northgate Mall on Feb. 5, 2026 in San Rafael, California. Justin Sullivan | Getty Images Bitcoin prices fell to their lowest levels since early April on Tuesday after a decline spurred by crypto treasury company Strategy selling a small amount of its bitcoin holding intensified. Traders on prediction…
