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NEW DELHI: Home minister Amit Shah will on Friday virtually inaugurate the National IED Data Management System (NIDMS) — a platform for storing, collating and disseminating improvised explosive device-related data for use in post-blast investigations and analytics — at the National Security Guard (NSG) Garrison in Manesar near Gurugram. “NIDMS is a secure, national-level digital…
Binance co-founder Changpeng “CZ” Zhao said he was not very confident he would be pardoned by US President Donald Trump after serving a four-month prison sentence in 2024 for violating US anti-money-laundering laws. “You never know because we actually had very strong anti-lobbying from some of our perceived competitors in the US,” Zhao told Ran…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Crypto markets in Asia are opening to a steadier BTC, but the…
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Altimeter Capital founder and CEO Brad Gerstner said Friday the recent pullback in technology shares is a healthy correction after a monthslong surge. “The Nasdaq’s gone up 40% off the bottom in April. The market was kind of looking for a reason for a breather,” Gerstner said on CNBC’s ” Money Movers .” “This week,…
NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) is examining a proposal to introduce ‘performance-linked incentives’ for its fund managers, which will see it allocate more funds to those who give better returns. This is part of the new benchmark methodology being developed for debt investments, officials told TOI. It is also assessing benchmarks for…
Vedanta Ltd.’s committee of directors has approved the sale of 1.59% stake in Hindustan Zinc Ltd. The stake sale will take place through an offer for sale, as per an exchange filing on Tuesday. The mining major’s board has approved the sale of 6.7 crore paid-up equity shares in Hindustan Zinc through the OFS. In a…
A year after the Liberation Day tariffs, US President Donald Trump has rolled out another set of duties, this time targeting medicines and key metals. The move is aimed towards pushing companies to manufacture within the US. The new measures impose tariffs on steel, aluminium and copper, strengthening efforts to boost domestic production.The announcements come…
