Budget 2026 expectations: Private space firms seek procurement push, critical infrastructure status for sector

Ahead of the Union Budget, India’s fast-growing private space industry has called on the government to step up public procurement of space products and services and formally recognise space assets as critical infrastructure to unlock financing and accelerate scale-up.Industry leaders said assured government demand, along with easier access to long-term capital, is essential for domestic…

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Hong Kong proposes new rules to tap insurance capital into cryptocurrencies

Hong Kong is plotting a move to unlock a multi-billion dollar capital pool for digital assets and related infrastructure, potentially marking a watershed moment for institutional crypto adoption in Asia. The Hong Kong Insurance Authority (IA) is proposing new rules that would allow the city’s 158 authorized insurers to channel funds into assets, including cryptocurrencies,…

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Rangasamy meets LG, stakes claim to form government in Puducherry | India News

Rangasamy meets LG, stakes claim to form government in Puducherry NEW DELHI: All India NR Congress (AINRC) founder N Rangasamy on Friday evening met Puducherry Lieutenant Governor Kuniyil Kailashnathan and staked claim to form the government in the Union Territory days after emerging victorious in the recently held assembly polls.Rangasamy, who has been the longest-serving…

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U.S. Federal Reserve researchers sing praises of prediction markets

A research paper at the U.S. Federal Reserve praised the usefulness of prediction markets — specifically looking at Kalshi — in getting a real-time handle on economic policy. “Kalshi’s forecasts for the federal funds rate and [the U.S. Consumer Price Index] provide statistically significant improvements over fed funds futures and professional forecasters, all while providing…

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