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NEW DELHI: India on Thursday raised serious concerns at the United Nations over threats to commercial shipping in the Strait of Hormuz, urging the immediate restoration of safe navigation and calling for restraint and de-escalation amid continuing tensions in the Middle East.Addressing the UN General Assembly debate under the Veto Initiative on “The Situation in…
MUMBAI: For long, stock market and mutual fund industry analysts have been saying that Indian investors are maturing fast, moving away from trading in direct stocks and investing for the long term through the fund route. Now, a Sebi research paper, using granular data, has bolstered that notion. Using holdings data of households in depositories,…
The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda. Source link
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Sanjay Ghadi and Ritu Tawde (PTI image) NEW DELHI: BJP corporator Ritu Tawde is set to become Mumbai’s next mayor after being elected unopposed, marking the party’s return to the post after 44 years and ending the Shiv Sena’s uninterrupted 25-year hold over the Brihanmumbai Municipal Corporation (BMC).The contest turned uncontested after the Uddhav Thackeray-led…
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Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a 2023 class action lawsuit, filed by former customers of the defunct exchange. The plaintiffs allege that Fenwick “facilitated FTX’s fraud” by playing “a key and crucial role in the most important…
A protester holds a placard during a demonstration against the suspension of the jail term of Kuldeep Sengar NEW DELHI: The survivor of the 2017 Unnao rape case on Sunday said that she fears for the safety of her children after the Delhi high court suspended the life sentence of expelled BJP leader Kuldeep Singh…
Noel tata, Ratan Tata, Simone Tata MUMBAI: Former Tata Group director Simone Tata had transferred ownership of her assets, including Tata Sons shares, to her son and Tata Trusts chairman Noel Tata, said people in the know.The move, which took place some years ago, increased Noel’s stake in Tata Sons to 1%, making him the…