The US Federal Reserve is widely expected to lower borrowing costs this week, but deep divisions within the policy-making panel suggest further rate cuts will be harder to secure, analysts say.Policymakers are set to meet on December 9–10 amid a complicated economic backdrop, with inflation still running above the Fed’s 2% target even as hiring…
NEW DELHI: Millions of citizens going online will have guaranteed control over their digital data while social media companies such as Facebook and Instagram will need verifiable parental consent before onboarding children, or those under 18 years, with the govt finally notifying rules to operationalise the digital personal data protection (DPDP) law that was originally…
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The African Continental Free Trade Area (AfCFTA) Secretariat and the IOTA Foundation have introduced a digital trade initiative that places stablecoin-based settlement at the center of efforts to overhaul how goods move across Africa. The Africa Digital Access and Public Infrastructure for Trade (ADAPT), formed in partnership with the Tony Blair Institute and World Economic…
KOLKATA: Bengal CM Mamata Banerjee dug out Sunday an undated picture of PM Modi seated and President Droupadi Murmu standing at an event, flagging it as “proof of who actually shows respect” while contesting his charge that TMC govt had “gravely insulted” the presidential chair with a protocol breach at Siliguri.“Why were you sitting when…
NEW DELHI: President Draupadi Murmu on Sunday emphasised the need to use electricity wisely and efficiently and said it not only leads to energy conservation but also reduces carbon emissions.Speaking at the National Energy Conservation Awards 2025 at the capital’s Vigyan Bhawan, the President said that energy conservation was not just an option but was…
Tax experts have cautioned the government against raising the income tax surcharge on high-income individuals or reintroducing a wealth tax in the Union Budget 2026-27, warning that such moves could push wealthy taxpayers to relocate to low-tax jurisdictions and hurt investment and job creation.At present, individuals earning over Rs 50 lakh are subject to a…
Fresh U.S. and Israeli strikes on Iran have drawn new attention to a financial network Tehran has built in parallel to its battered banking system: bitcoin mining and a fast-growing stablecoin economy. Iran legalized crypto mining in 2019, allowing licensed operators to use subsidized electricity in exchange for selling mined BTC to the central bank….
NEW DELHI: The Supreme Court on Wednesday ordered a full forensic examination of a controversial 48-minute audio recording that allegedly shows former Manipur Chief Minister N Biren Singh‘s involvement in the 2023 ethnic violence. The court directed the National Forensic Science University (NFSU) in Gandhinagar to analyze both the complete audio and Singh’s admitted voice…
It’s become fashionable of late to dismiss bitcoin’s BTC$88,156.95 four-year cycle — and the inevitable boom and bust it brings — as an anachronism. Just in the past week, Bitwise’s Matt Hougan and ARK Invest’s Cathie Wood have thrown their considerable weight behind the idea of dismissing the four-year cycle. Each noted the ETFs along…
