The Adani Group plans to invest Rs 1 lakh crore in its airports business over the next five years, betting on strong and sustained growth in India’s aviation sector, according to Jeet Adani, director of Adani Airports. Speaking to news agency PTI ahead of the launch of commercial operations at Navi Mumbai International Airport, he…
Wall Street financial services firm Cantor is among investment banks that are pitching cryptocurrency trading platform FalconX for its potential IPO, according to two people with knowledge of the matter. The company has held preliminary talks with possible advisors, but FalconX has not yet formally appointed bankers for its initial public offering, the people said,…
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NEW DELHI: Amid the uncertainty caused by the conflict in West Asia, finance minister Nirmala Sitharaman on Friday announced a plan to set up a Rs 1 lakh crore Economic Stabilisation Fund (ESF), aimed at providing fiscal headroom to respond to challenges.“ESF will help India (deal) with global headwinds such as the recent crisis, unanticipated…
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The rupee weakened by 10 paise to settle at a fresh record low of Rs 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and incessant withdrawal of foreign funds triggered by geopolitical uncertainties, PTI reported.The local currency, however, resisted a sharper fall as domestic equity markets staged a significant recovery…
How often have you come across an image online and wondered, “Real or AI”? Have you ever felt trapped in a reality where AI-created and human-made content blur together? Do we still need to distinguish between them? Artificial intelligence has unlocked a world of creative possibilities, but it has also brought new challenges, reshaping how…
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President Donald Trump’s campaign to cut Democrats out of U.S. regulatory work has set up an unusual situation at the two agencies that will have the most say over how the federal government handles crypto: A handful of Republican crypto advocates are entirely in charge of both. The U.S. Securities and Exchange Commission just said…
