The U.K.’s Financial Conduct Authority (FCA) picked Revolut, Monee Financial Technologies, ReStabilise, and VVTX to test stablecoin issuance in its Regulatory Sandbox as regulators move toward a full rulebook. The FCA said the cohort will trial stablecoin products in real-world conditions, with safeguards in place. The regulator plans to focus on issuance and review use…
Uttar Pradesh chief minister Yogi Adityanath on Tuesday hailed the PRAGATI portal, technology-driven governance and inter-agency problem-solving, highlighting the state’s massive infrastructure push, with 330 projects worth Rs 10.48 lakh crore underway.Addressing a press conference in Lucknow on the progress of infrastructure projects being monitored through the PRAGATI portal, he highlighted the state’s transition from…
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NEW DELHI: Investigative agencies on Thursday said that around eight terrorists planned to carry out serial blasts in several cities across India, news agency ANI, citing sources.According to ANI, terrorists had planned to move to four cities in groups of two each which was supposed to carry multiple IEDs along with them.“Around eight suspects planned…
NEW DELHI: Supreme Court on Friday frowned on Himachal Pradesh HC’s repeated interference in the state govt’s decisions and said it appeared that the high court was not allowing the elected govt to function. SC warned that it would view such interference seriously in future.Despite these oral remarks, a bench of Chief Justice Surya Kant…
NEW DELHI: The Aircraft Accident Investigation Bureau (AAIB) on Thursday clarified that the investigation into the June 2025 crash of Air India Flight AI-171 in Ahmedabad is still ongoing, dismissing reports that the probe has concluded and pinned the blame for the incident on pilot.“The investigation is still in progress. No final conclusions have been…
India-Oman CEPA to boost trade, MSME exports, energy security: Bank of Baroda economist New Delhi [India], December 21 (ANI): India has taken another significant step towards deepening its integration with global supply chains by signing a Comprehensive Economic Partnership Agreement (CEPA) with Oman, a move expected to expand bilateral trade, strengthen MSME-led exports and enhance…
NEW DELHI: India’s first final assembly line (FAL) for commercial fixed-wing aircraft could come up in either Gujarat’s Dholera or Andhra’s Bhogapuram.Adani Group’s upcoming JV (joint venture) FAL with Brazilian regional aircraft major Embraer is being aggressively wooed by both states that are implementing ambitious aerospace plans for these two places. India is looking at…
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