Tensions persisted, with Israel continuing strikes in Lebanon, which Tehran insists should be included in the ceasefire, while there was no indication that Iran had eased its blockade of the Strait of Hormuz. A breakdown in talks and a renewed escalation in the conflict could drive up energy prices and inflation, potentially forcing the Federal…
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Stablecoins are on track to become a foundational layer of global finance, with adjusted transaction volumes projected to reach $719 trillion by 2035, according to a new report by blockchain research firm Chainalysis on Wednesday. The growth, driven by organic adoption alone, signals a structural shift in how value moves across borders and through everyday…
KOLKATA: The parents of Sunali Khatun, 26, the Bengal woman pushed into Bangladesh as an “illegal immigrant” last year, have their names on the voters list, strengthening her citizenship claims even as a legal battle continues for her husband and other kin packed off to the neighbouring country.Sunali’s mother, Jyotsna Bibi, was among the lakhs…
NEW DELHI: During a search in Kolkata at seven premises on Wednesday in an ongoing money laundering probe against Merlin group, a real estate developer, the ED has found the builder having associations with some senior politicians and bureaucrats from Bengal. “The role of these public servants and their financial transactions with the real estate…
What appeared to be a down day in crypto markets has turned positive after Israeli Prime Minister Benjamin Netanyahu said he told his cabinet to start negotiations with Lebanon as soon as possible. This came after NBC News reported that President Trump had requested Netanyahu scale back bombing in Lebanon as it threatened Monday’s announced…
CHENNAI: Before any election, Congress starts its seat-share talks with a precondition: the Sriperumbudur seat should be for the party. “That’s where the temple of our leader is,” said Tamil Nadu Congress Committee chief K Selvaperunthagai, referring to the memorial of late PM Rajiv Gandhi.He won the seat in 2021; now he is seeking reelection….
The U.S. Department of the Treasury is opening its cybersecurity information sharing to crypto businesses to help them ward off attacks as the industry becomes an increasingly important arm of the financial system, according to a Thursday statement. Eligible crypto firms and organizations — a status not yet clearly defined in the announcement — can…
PUNE/MUMBAI: Just an hour was left for withdrawal of nominations on Thursday when the Congress finally responded to requests from the Pawar family and the Mahayuti partners and dropped its candidate against NCP chief and deputy chief minister Sunetra Pawar in the Baramati bye-election. Twenty-two independent candidates still remain in the contest, but now there…
NEW DELHI: India is well placed to weather the current global energy shocks as risks are “cushioned by ample buffers” including high forex reserves, fiscal space and a well-capitalised banking system, World Bank said Thursday, while projecting average growth of 7.1% during FY28-FY29. The assessment comes a day after the multilateral lender raised its FY27…
