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NEW DELHI: Centre is set to introduce a new rural employment law in the Lok Sabha, proposing to repeal the two-decade-old Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with another legislation, titled the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB–G RAM G) Bill, 2025.The bill seeks to replace the MGNREGA with…
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Tom Lee, chairman of publicly listed Ether treasury company BitMine, urged shareholders to back a proposal to dramatically increase the company’s authorized share count to 50 billion from 50 million, citing the potential need for future stock splits as Ether’s price drives the the company’s valuation. Lee said BitMine’s share price closely tracks the price…
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NEW DELHI: V D Satheesan took oath as Kerala chief minister on Monday at the Central Stadium in Thiruvananthapuram, marking the return of the Congress-led United Democratic Front to power after a decade.Kerala Governor Rajendra Vishwanath Arlekar administered the oath of office to Satheesan and his 20-member council of ministers. Meanwhile, 14 ministers in the…
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Sebi on Friday proposed a comprehensive overhaul of the Foreign Portfolio Investor (FPI) framework, aiming to streamline registrations and introduce an abridged application option for related funds, even as the regulator seeks to ease compliance for global investors.In a consultation paper, the Securities and Exchange Board of India said the move is intended to enhance…
Berkshire Hathaway‘s Greg Abel used his first annual shareholder letter as chief executive to reassure investors that the conglomerate’s culture of financial conservatism and disciplined investing established under Warren Buffett will continue “into perpetuity.” “I am honored by our Board’s decision to appoint me CEO of Berkshire and humbled to succeed Warren as I write…
Bitcoin (BTC) continues to trade in a tight range around $77,000 in morning U.S. action on Wednesday. The major stock indices are posting small gains after three consecutive negative sessions. Minutes from the Fed’s last policy meeting are due to be released at 2:00 pm ET. That April meeting was notable as it was the…
