RBI proposes changes to banks’ forex positions

The Reserve Bank on Wednesday proposed changes to rules governing banks’ foreign exchange positions. The amendments to net open position (NOP) were made following a comprehensive review of the existing instructions, according to an official statement. NOP refers to the difference between banks’ total foreign currency assets and liabilities, revealing their exposure to currency fluctuations…

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Trump Media plans token distribution for shareholders in partnership with Crypto.com

Trump Media and Technology Group (DJT), the company behind Truth Social, said Wednesday it plans to distribute a new digital token to shareholders through a deal with Crypto.com. The token will be issued using Crypto.com’s Cronos blockchain. Trump Media said in a press release that once the program launches, each shareholder would receive one token…

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Rs 450-crore ethanol plant to exit Rajasthan amid farmer stir | India News

JAIPUR: The Rs 450-crore ethanol project being developed by a private company in Rajasthan’s Hanumangarh district is likely to wind up operations in the state once procedural formalities for relocating the project to Madhya Pradesh are completed.Work on the project was halted weeks after violent protests by farmers over fear of the plant damaging soil…

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Ripple Buyers Step In at $2.00 Floor on BTC’s Hover Above $91K

Token breaks above key support while volume surges 251% during psychological level defense at $2.00. News Background U.S. spot XRP ETFs continue pulling in uninterrupted inflows, with cumulative demand now exceeding $1 billion since launch — the fastest early adoption pace for any altcoin ETF. Institutional participation remains strong even as retail sentiment remains muted,…

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