MUMBAI: Two weeks into the war in West Asia, investors in India have lost a staggering Rs 34 lakh crore worth of wealth due to the strong selloff in the stock market.The turmoil has also shaved off a little over 5,250 points or 6.5% from the sensex, as foreign funds have doubled down on their…
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A Manhattan federal judge has cleared the way for Aave’s recovery effort to move forward after last month’s North Korea-linked rsETH exploit, allowing $71 million in frozen ether to be transferred out of Arbitrum while preserving North Korean terrorism victims’ legal claim on the funds. In a two-page order published late Friday U.S. time, Judge…
The week ahead will see the U.S. Senate return from recess, with the Clarity Act on the agenda while the National Credit Union Administration’s window for comments on stablecoin issuer rules closes. On top of that, April 15 brings the U.S. tax filing deadline, which could put pressure on cryptocurrency holders managing their finances and…
NEW DELHI: The home ministry Friday constituted two more empowered committees for Bengal to fast-track processing of citizenship requests received under the Citizenship (Amendment) Act, 2019. This takes the number of empowered committees functional in the state to four.CAA provides for grant of citizenship to immigrants from Pakistan, Afghanistan and Bangladesh belonging to their six…
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NEW DELHI: After a massive nationwide operation, Central Board of Direct Taxes acted against several intermediaries involved in filing income tax returns with bogus claims of deductions and exemptions under the Income Tax Act.The move followed actions in July 2025, covering 150 premises, during which more than 102 suspicious RUPPs were identified for their role…
The Senate Banking Committee plans to hold its long-awaited markup hearing for the Digital Asset Market Clarity Act of 2025 (otherwise known as the Clarity Act) on Thursday, May 14 at 10:30 a.m. The Clarity Act was largely in limbo after Coinbase CEO Brian Armstrong announced the exchange was pulling its support over stablecoin yield…
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Gold prices surged to a fresh on Tuesday as investors flocked to the safe-haven metal amid rising geopolitical tensions linked to US actions against vessels carrying Venezuelan oil. At the same time, silver also hovered close to historic highs, extending a strong rally across precious metals.Spot gold was up 0.5% at $4,467.66 an ounce by…
