Metaplanet, Asia’s largest publicly listed bitcoin holder, isn’t just buying bitcoin BTC$69,483.55 anymore but wants to build the ecosystem around it. The Tokyo-listed company, which holds 35,102 BTC, announced Thursday the creation of Metaplanet Ventures K.K., a wholly-owned subsidiary that will invest in companies building regulated bitcoin financial infrastructure in Japan. The total investment over…
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MUMBAI: RBI governor Sanjay Malhotra has indicated that capital account liberalisation cannot come at the cost of macroeconomic sovereignty. He said that while some regard this as conservatism, he sees it as prudence.Highlighting some of the prudent measures taken by RBI in the past, Malhotra said that there were controls on the capital account for…
NEW DELHI: With Rastriya Swatantra Party, led by 35-year-old rapper turned politician Balendra Shah, set to win Nepal polls by a landslide, PM Narendra Modi warmly congratulated the people and govt of Nepal on the successful and peaceful conduct of elections.“It is heartening to see my Nepali sisters and brothers exercise their democratic rights so…
MUMBAI: Godrej Industries Group has launched its wealth management business, Godrej Wealth, through subsidiary Godrej Investments, with a target to build assets under management of Rs 1,00,000 crore by 2031 and expand to 35 locations over the next five years.The business will operate alongside Godrej Capital to form the group’s financial services arm, as it…
NEW DELHI: West Bengal Police’s Special Task Force (STF) on Saturday recovered a huge cache of firearms and cartridges allegedly hidden inside a pond belonging to a Trinamool Congress leader in Sandeshkhali of North 24 Parganas district, officials said.Acting on a tip-off, STF personnel conducted raids in Sandeshkhali and adjoining areas on Saturday morning. During…
A banking application connected to World Liberty Financial Inc., a crypto firm partially owned by President Donald Trump, will proceed as normal, according to the chief of the Office of the Comptroller of the Currency, who rejected a request from U.S. Senator Elizabeth Warren to focus special scrutiny on the president’s potential conflict of interest…
The world’s busiest oil supply passage is in a chokehold, and the ripple effects are being felt across nearly every corner of the globe. The pressure is already showing up everywhere: at petrol stations, in grocery bills, and along global trade routes. The conflict, which has continued to intensify since February 28, has already pushed…
NEW DELHI: The Indian Council of Medical Research (ICMR) on Wednesday handed over two Mobile Stroke Units (MSUs) to the Government of Assam, marking a major shift in stroke care—from patients travelling long distances to hospitals, to hospitals reaching patients in remote areas.Stroke is among the leading causes of death and long-term disability in India….
NEW DELHI: Retail inflation, based on consumer price index (CPI), inched up for the second consecutive month to 3.4% (y-o-y) in March from 3.2% in Feb on account of acceleration in food prices, electricity, gas and other fuels, data released by NSO showed Monday. The food index rose 3.9% in March, above 3.5% in preceding…
