Miami Beach, FL — A growing group of Wall Street and crypto executives say the financial system is heading toward a breaking point, as markets shift from human-paced processes to machine-driven activity that runs around the clock. “We’re moving to a world where transactions happen at a speed no human can track,” Sandy Kaul, head…
Bitcoin (BTC) institutional outflows continued into Christmas as the US gained the title of biggest BTC seller. Key points: Bitcoin ETF netflows stay negative for Christmas Eve as the institutional investment vehicles lose another $175 million. Tax obligations and the quarterly options expiry are blamed for the poor performance. Hope remains for a broad rebound…
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NEW DELHI: India marked its 77th Republic Day on Monday with ceremonies across the country commemorating the adoption of the Constitution. The celebrations highlighted India’s democratic journey, cultural heritage and military strength. Kartavya Path in New Delhi remained the focal point of the national event, drawing top leadership, foreign dignitaries and thousands of spectators.President Murmu…
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MUMBAI: Union Bank of India reported a net profit of Rs 5,316 crore for the quarter ended March 31, marking a 6.6% increase from Rs 4,985 crore in the corresponding quarter a year ago, supported by lower operating expenses and improved asset quality.For FY26, the net profit of Rs 18,697 crore was about 4% higher…
Representative image (AI-generated) NEW DELHI: Medical devices used every day—from syringes and surgical sutures to implants—may soon face tighter regulation, with Centre proposing stricter labelling rules and a standardised testing fee system aimed at improving safety and accountability. Under a draft amendment to Medical Devices Rules, 2017, manufacturers may be required to clearly disclose on…
