Excessive regulation burdening MSMEs, slowing growth: CAG | India News

NEW DELHI: Comptroller and Auditor General K Sanjay Murthy on Thursday raised his concern on excessive regulatory burdens that impede the competitiveness of micro, small and medium enterprises (MSMEs) and slow down industrial growth.“MSMEs-related reforms need to cut across multiple departments and levels of government — Centre, state, and local bodies,” Murthy said, and added…

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Fake cases, twisted verdicts as petitioner files ‘AI reply’ | India News

The Supreme Court encountered its first AI misuse case where a litigant submitted a response with hundreds of fabricated legal precedents. Senior advocates highlighted the grave concern of AI-generated false case laws impacting judicial decisions. While acknowledging the error, the court proceeded to hear the case on its merits, emphasizing the need for caution. NEW…

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Crypto trader loses nearly all of $50 million in one botched DeFi transaction

A crypto user lost roughly $50 million in a single transaction on Thursday after executing a large token swap that triggered massive slippage. Blockchain data shows that the wallet attempted to swap $50,432,688 aEthUSDT – an interest-bearing token representing Tether’s USDT stablecoin deposited into the Aave decentralized lending protocol on the Ethereum network – for…

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Fed minutes December 2025

WASHINGTON – The Federal Reserve on Tuesday released minutes from its highly divisive meeting earlier this month, which concluded with a vote to lower interest rates again that appeared to be an even closer call than the final vote indicated. Officials expressed a variety of opinions during the Dec. 9-10 meeting, according to the summary…

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Bitcoin (BTC) climbs as Iran conflict tests crypto’s safe-haven case, says Bernstein

Bitcoin’s BTC$74,246.35 recent strength during geopolitical uncertainty reflects a fundamental shift in the asset’s ownership structure, according to Wall Street broker Bernstein. The cryptocurrency climbed roughly 7% last week, with ether (ETH) gaining about 9%, outperforming gold and global equity indices as markets reacted to escalating global conflict. The broker said the performance highlights how…

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