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Yellen says Powell probe ‘extremely chilling’ for Fed independence

Former Federal Reserve Chair Janet Yellen on Monday condemned an investigation into her successor, Jerome Powell, saying it compromises the central bank’s independence. Yellen, who served as Treasury secretary after leaving the Fed, added that she thinks financial markets should be more concerned about a situation that she called “extremely chilling.” “I’m surprised the market…

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Bitcoin bullish bets hit a 28-month high on Bitfinex, and that’s music to bears’ ears

Yes, you read the title right. The number of bullish bitcoin BTC$66,645.62 wagers, the so-called BTC/USD long positions, on the OG exchange Bitfinex has hit multi-month highs. But, bulls, hold your cheers, as this metric has become a textbook “contrary indicator” over the years, with upswings characterizing bitcoin’s price downtrends. Highest since 2023 The number…

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‘Black law’: Bareilly city magistrate resigns over new UGC rules; claims he was ‘held hostage at DM’s home’ | India News

NEW DELHI: Calling the new University Grants Commission (UGC) rules a “black law,” Bareilly city magistrate Alankar Agnihotri resigned on Monday, saying the new rules meant for higher educational institutions could foment caste-based discontent.Agnihotri alleged that the new UCC law would vitiate the academic environment in colleges and should be withdrawn immediately.Agnihotri, a 2019-batch Provincial…

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India-Canada FTA: Goyal says ‘all possibilities are on the table’ — Free trade agreement talks to resume soon?

Commerce and industry minister Piyush Goyal has indicated that India is keeping every option open as it looks at the possibility of restarting free trade agreement (FTA) talks with Canada. His comments follow a fresh round of ministerial interactions aimed at lifting bilateral engagement. “All options open…” Piyush Goyal on ongoing India-Canada talks after two…

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‘Experts should decide’: LDF govt on Sabarimala women entry; BJP demands apology | India News

NEW DELHI: Kerala minister VN Vasavan on Saturday said the CPM-led LDF government continues to stand by the affidavit it filed in the Supreme Court in 2007 on the Sabarimala women’s entry issue, while accusing the BJP of being responsible for the 2018 verdict allowing women of menstruating age into the shrine.Responding to queries on…

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We pass sweeping orders without realising impact on the ground: CJI | India News

NEW DELHI: In an unusual introspective remark, Chief Justice Surya Kant-led bench of the Supreme Court on Friday said on several occasions the apex court passes sweeping orders unmindful of India’s social ground realities and without understanding their adverse impact on the social fabric.When a bunch of petitions challenging the validity of the sedition provision…

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