Mark Carney Counters After Trump’s 100% Tariff Warning Over China Deal

Amid growing tension between the United States and its neighbours, Canadian Prime Minister Mark Carney has called for the localisation of products and self-reliance on Canadian goods, stressing that the nation needs to ‘buy Canadian’ and ‘focus on what we can control’. Carney delivered the message on social platform X, posting a video where he…

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24/7 Trading Meets 9-to-5 Markets as More Equities Goes Onchain

As real-world asset (RWA) tokenization surges, the crypto industry is entering unfamiliar territory, bringing traditional equities, private credit, and commercial paper onchain and uncovering potential critical risks along the way. Marcin Kaźmierczak, co-founder of oracle provider RedStone, says a risk is potentially being overlooked: the weekend gap, where crypto trades 24/7, while Wall Street does…

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‘Higher food prices, cost-of-living likely: UN warns of ripple effects if Strait of Hormuz shuts amid Iran war

The United Nations on Tuesday warned of “significant risks” to global trade and development, including higher food prices and cost-of-living pressures, if the Strait of Hormuz remains closed amid the ongoing Middle East conflict. A report by the UN Conference on Trade and Development (UNCTAD) said the military escalation following US–Israeli strikes on Iran and…

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Gold price today: How much 22K, 24K gold cost in Delhi, Mumbai & other cities – Check rates

Gold prices surged to fresh record highs on Tuesday as renewed fears of a potential US–EU trade war pushed investors towards safe-haven assets amid rising global uncertainty.The rally followed tariff threats by US President Donald Trump against European nations opposing his Greenland move, triggering risk aversion across global markets. Precious metal extended gains from the…

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Government to introduce revenue support, buyback clause in new highway contract to push private investment

NEW DELHI: Govt is set to introduce major changes in the Model Concession Agreement (MCA) to de-risk private investments and safeguard lenders’ exposure in highway sector.The revised provisions, to be notified within a fortnight, include revenue support and extension of tolling periods in cases where actual traffic falls below projections, buyback of projects where traffic…

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Stablecoins unstable, pose major fin risks: RBI deputy governor

MUMBAI: RBI deputy governor T Rabi Sankar on Friday said that stablecoins are inherently unstable and pose major macro-financial risks, including currency substitution, dollarisation and weakened monetary-policy transmission.Sankar’s comments come at a time when US govt’s stance is broadly supportive of dollar-denominated payment stablecoins as part of the formal financial system, distinct from lightly supervised…

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Indian Navy likely to commission third indigenous N-powered submarine by April-May | India News

NEW DELHI: India’s sea-based nuclear deterrent will be strengthened soon as the country’s third indigenous Arihant-class nuclear-powered ballistic missile submarine (SSBN), INS Aridhaman (designated S4), is likely to be commissioned by April-May. “The commissioning of INS Aridhaman is expected by this summer as the submarine is currently in the final stages of sea trial,” a…

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