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Stablecoin issuer Circle’s (CRCL) shares tumbled on Tuesday, after a draft version of U.S. stablecoin legislation raised concerns about limits on yield. The stock of the USDC issuer fell as much as 18% in the early U.S. session, snapping a weeks-long rally that saw more than 100% gain. Meanwhile, crypto platform Coinbase (COIN), which shares…
NEW DELHI: Asiya Andrabi, founder of the women’s separatist outfit Dukhtaran-e-Millat, was on Tuesday sentenced to life imprisonment for conspiring against the State under stringent anti-terror laws.A Delhi court, presided over by Additional Sessions Judge Chander Jit Singh also sentenced her associates, Sofi Fehmeeda and Nahida Nasreen, to 30 years of imprisonment. The court directed…
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The rupee weakened by 23 paise to settle at an all-time low of 93.76 against the US dollar on Tuesday, pressured by a strengthening greenback and elevated global crude oil prices that dampened investor sentiment.Forex traders said continued foreign fund outflows amid uncertainties linked to the Middle East crisis also weighed on the domestic currency,…
NEW DELHI: The govt on Tuesday told the Lok Sabha that revolutionary freedom fighters Bhagat Singh, Sukhdev and Rajguru — who were hanged to death by the then British regime on March 23, 1931 — have become martyrs for the cause of attaining Independence of India and that their martyrdom is a fact “not dependent…
NEW DELHI: The government on Tuesday said that women-led growth will be central to the country’s development ambitions, even as policymakers and industry leaders called for stronger ecosystems to support women in innovation and entrepreneurship.Speaking at a summit organised by the women’s empowerment arm of the BRICS Chamber of Commerce and Industry, Minister of State…
