NEW DELHI: A Delhi court on Saturday ordered the release of alleged ‘middleman’ Christian Michel James from custody in the money laundering case linked to Augusta Westland chopper case.The Rouse Avenue court was deciding on Michel’s plea seeking release on the grounds that he had completed the maximum statutory sentence of seven years prescribed in…
MUMBAI: Stress tests conducted by RBI suggest that Indian banks are at their healthiest point in more than a decade, with bad-loan ratios expected to improve further in the coming months and all banks retaining adequate capital even under extreme stress. According to the Financial Stability Report (Dec 2025), the banking system could withstand a…
The Union Cabinet has approved the Startup India Fund of Funds 2.0 (Startup India FoF 2.0) with a total corpus of Rs 10,000 crore to mobilise venture capital for the country’s startup ecosystem.The scheme is aimed at accelerating the next phase of India’s startup growth by mobilising long-term domestic capital, strengthening the venture capital ecosystem…
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The company says that accepting bitcoin payments has led to a “self-reinforcing cycle” where crypto revenue helps fund upgrades and improvements. Source link
Institutions are increasingly using proven bitcoin BTC$87,777.45 options techniques on alternative cryptocurrencies to protect against price swings and earn extra returns, STS Digital, a principal trader specializing in digital assets derivatives, told CoinDesk. “Our client base includes token projects and foundations, investors with large holdings, and asset management firms managing exposure ahead of liquidity events,”…
NEW DELHI: Cumulative seizures of poll inducements like illegal cash, liquor and drugs across poll-going states/UTs have crossed the Rs 400 crore mark, the EC said Thursday.“Since activation of the electronic seizure management system (ESMS) on Feb 26 till March 25, 2026, nearly Rs 409 crore worth of illicit inducements – including Rs 17.4 crore…
The average long-term US mortgage rate edged higher this week, ending a three-week decline as bond yields rose amid oil-price pressures linked to the war with Iran.The benchmark 30-year fixed mortgage rate increased to 6% from 5.98% last week, mortgage buyer Freddie Mac said on Thursday. A year ago, the average rate stood at 6.63%,…
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A Republican U.S. senator who has been at the center of talks over the crypto market structure bill that’s the industry’s top policy priority, Senator Cynthia Lummis, said that the White House has resisted ethics language she hashed out with Democrats. That’s left the Wyoming lawmaker as a go-between trying to satisfy Democratic colleagues in…
