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The U.K.’s long-promised crypto regulatory regime edged closer to reality this week, as the Financial Conduct Authority (FCA) unveiled its consultation that will ultimately define how crypto firms operate in Britain. Together with legislation from HM Treasury, the proposals form the backbone of a framework scheduled to take effect in October 2027. For policymakers, the…
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Finance minister Nirmala Sitharaman with tablet containing Budget documents (File photo) NEW DELHI: Union minister Kiren Rijiju on Friday announced the dates for Parliament’s Budget session, which he said will be held in two phases from January 28 to April 2.“On the recommendation of the Govt of India, Hon’ble President of India, Smt. Droupadi Murmu…
Indian silver exchange-traded funds (ETFs) witnessed a sharp sell-off on Thursday, plunging up to 20% in early trade as investors rushed to exit amid heightened volatility in precious metals. The steep fall wiped out the unusually high premium at which these ETFs were trading compared to international prices and physical silver markets.Nippon India Silver ETF,…
File photo (Picture credit: AP) Wall Street stocks moved higher on Tuesday, pushing major indices closer to record levels, as gains in technology shares and select healthcare stocks supported the market. Investors also remained focused on a busy week of US economic data that could shape expectations around future interest rate moves.As per news agency…
The mineral-rich belt forms an unbroken stretch along Andhra’s coastline (Picture credit: A Sarath Kumar) Along Andhra Pradesh’s sweeping 974km coastline, the waves wash more than picturesque beaches and bustling fishing harbours. Beneath the dark, heavy sands — from Srikakulam in the north to Nellore in the south — lies one of India’s most valuable…
The Export Promotion Mission will consolidate multiple schemes into a single mechanism. (AI image) Prime Minister Narendra Modi-led Union Cabinet on Wednesday approved an Export Promotion Mission (EPM) with an outlook of Rs 25,060 crore. The move assumes significance at a time when India’s exports to the US face a penal 50% tariff. Additionally, the…
NEW DELHI: On this day in 1988, India lowered the voting age from 21 to 18, expanding voter participation and strengthening universal adult franchise in the world’s largest democracy. The 61st Constitutional Amendment, enacted under Article 326, brought millions of young citizens into the democratic process.Introduced by the government led by the then Prime Minister…
