Prime Minister Narendra Modi on Thursday joined Australian Prime Minister Anthony Albanese at the India-Australia CEO Forum and Economic Roadmap Business Reception in Melbourne, as the two leaders sought to deepen economic and strategic ties during the second leg of PM Modi’s three-nation tour.“The presence of all of you is a symbol of our shared…
Goa authorities allegedly ignored a report detailing “gross violations” at a property where a fatal nightclub fire occurred, dropping proceedings against the owner. Meanwhile, in Delhi, agencies are passing the buck over a vanished wetland, with the Municipal Corporation of Delhi and Central Pollution Control Board blaming each other for its disappearance under landfill waste….
BlackRock named its iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) one of the top three investment themes for 2025, a striking move given bitcoin’s BTC$88,697.50 slide this year. The firm placed IBIT alongside two more traditional offerings: the iShares 0-3 Month Treasury Bond ETF (SGOV) and the iShares Top 20 U.S. Stocks ETF (TOPT). Bitcoin…
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This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Institutional demand for crypto is real, and suggests there may be a sustained bitcoin BTC$81,128.48 price move above its pivotal 200-day simple moving average (SMA). Investors poured $858 million into crypto funds issued by asset managers like BlackRock and 21Shares…
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Ashok Vaswani, MD & CEO, Kotak Mahindra Bank MUMBAI: Kotak Bank chief executive Ashok Vaswani said large banks that sold stakes in their financial-services subsidiaries to foreign investors lost considerable long-term value, arguing that full ownership of such businesses is a strategic advantage.Speaking at a media gathering on Wed, Vaswani urged reporters to “go and…
Invesco, a U.S.-based asset manager overseeing $2.2 trillion in assets, will take over management of Superstate’s tokenized U.S. Treasury fund in a move that brings a large traditional asset manager deeper into blockchain-based finance. The USTB fund holds short-term U.S. government securities and represents more than $900 million in assets. It ranks among the largest…
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