Driving the newsIt began with a tax relief for the middle class. It ended with a slew of reforms that had been put on hold for many years. By December-end, the 2025 turned out to be one of the most consequential years for Indian economy.In one of its busiest legislative sessions in years, parliament cleared…
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…
Avian Labs, the company behind crypto payments service Sling Money, received approval to operate as a crypto services provider from the U.K.’s Financial Conduct Authority, expanding its reach in Europe after securing a license from the Dutch regulator in April. The approval places the person-to-person payments app among a growing cohort of crypto payments firms…
NEW DELHI: The cabinet on Wednesday cleared the ‘25,000-cr Export Promotion Mission and ‘20,000 cr additional collateral-free credit to support exporters grappling with global trade uncertainty. Priority support is being given to sectors such as textiles, leather, gems and jewelry, engineering goods, and marine products hit by US tariffs. The mission, which was announced in…
US stock markets opened in red Monday, with major indices slipping despite a strong year dominated by tech companies. The S&P 500, Dow Jones, and Nasdaq fell in early trading, in a week that’ll mark the end of 2025.The S&P 500 slipped 0.2 per cent in early trading. With just three sessions remaining in 2025,…
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Kolkata: Just 72 hours to go from Saturday to Supreme Court’s deadline for adding voters cleared by SIR tribunals, and Election Commission has yet to publish the name of a single person whose voting right has been reinstated and who can participate in the first phase of the Bengal assembly polls on April 23. More…
Artificial intelligence giant OpenAI has closed $122 billion in committed capital at an $852 billion post-money valuation, a round that dwarfs anything raised in private markets and cements the company as the most valuable startup in history by a wide margin. The funding was anchored by Amazon, Nvidia, and SoftBank, with continued participation from Microsoft….
Gold has retreated sharply from its record peak, declining by nearly 26 per cent, or around Rs 53,000 per 10 grams, from its all-time high of Rs 2,02,984 on the MCX. In recent sessions, the metal has largely moved within a narrow range, with the absence of fresh catalysts keeping prices directionless. Although gold has…
