Iran war, debanking drive commodity traders toward stablecoins, says Haycen CEO

The ripple effects of geopolitical conflict are reshaping the plumbing of global trade finance, pushing some commodity traders out of the banking system and into the arms of stablecoins. That’s according to Luke Sully, CEO of trade finance-focused stablecoin issuer Haycen, who says the war involving Iran has heightened compliance fears among Western banks, triggering…

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‘Exploitation’: Rahul Gandhi takes ‘compromised individual’ dig at Centre after US waiver on Russian oil | India News

Lok Sabha leader of opposition Rahul Gandhi on Friday slammed PM Narendra Modi-led government over its foreign policy in the backdrop of the recent waiver issued by the United States for India allowing New Delhi to buy Russian oil, alleging that it was the result of the “exploitation of a compromised individual.”Taking his criticism to…

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The NYSE wants to bring blockchain to Wall Street without breaking the current system

The New York Stock Exchange (NYSE) is focused on integrating blockchain technology into existing market infrastructure rather than replacing it, according to chief product officer Jon Herrick. The exchange is “striving for interoperability” and “building on top of what exists,” as it explores how tokenized assets could function within current systems, Herrick said. That approach…

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Trade watch: Niti Aayog calls for tariff cuts, manufacturing shift; flags passenger vehicles as key export opportunity

India needs a clear strategic push, including lower tariffs and a shift in manufacturing towards high-demand segments such as passenger vehicles, to strengthen its competitiveness in global markets, Niti Aayog said on Tuesday.In the latest Trade Watch Quarterly for April–June 2025, the policy think tank said India must also work on boosting two-way trade, increasing…

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IPO market 2026: Over 190 companies line up for debut; over Rs 2.5 lakh crore fundraising targetted

India’s IPO street is gearing up for one of the most bustling years ahead as 2026 is expected to see a wave of big-ticket listings. These initial public offerings will range from telecom and fintech to consumer internet and financial services. Regulatory data cited by ET shows that 84 companies have already received clearance from…

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Centre tags coking coal as critical & strategic mineral to drive self-reliance in steel sector

The government has notified coking coal as a critical and strategic mineral, a step aimed at reducing India’s heavy dependence on imports and strengthening the domestic steel supply chain, according to an official statement.The move is expected to facilitate faster approvals, improve ease of doing business and accelerate exploration and mining activities, including the development…

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Canada officer sues India, says terrorism charges by New Delhi ruined life, turned him into fugitive | India News

NEW DELHI: In a first-of-its-kind lawsuit, a Sikh British Columbia resident and long-serving Canada Border Services Agency (CBSA) superintendent has sued the Govt of India in Ontario Superior court, alleging he was falsely vilified through a malicious state-linked propaganda.His suit, filed this Tuesday (December 2), claims India’s “disinformation campaign” turned him from a respected CBSA…

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