Pakistan prime minister Shehbaz Sharif Pakistan prime minister Shehbaz Sharif revealed the personal and national toll of Islamabad’s ongoing debt crisis. Sharif admitted that both he and field marshal Asim Munir (the Army Chief) were forced to “quietly” solicit billions in loans from friendly nations to bridge the country’s external financing gap.Addressing a gathering of…
Markets regulator Sebi has extended the timeline for implementing an additional incentive structure for mutual fund distributors to March 1, allowing more time for asset management companies to put systems in place, according to a circular issued on Wednesday.The revised framework, aimed at encouraging onboarding of new individual investors from B-30 cities and new women…
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Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, on July 26, 2024. Bloomberg | Bloomberg | Getty Images Strategy plunged roughly 7% on Monday after bitcoin dipped below the cryptocurrency treasury company’s average purchase price per token. Bitcoin traded at about $74,500 at its bottom on Monday – its…
NEW DELHI: The Centre on Tuesday clarified that the Sanchar Saathi App could be deleted by the user from their mobile phones, adding that the government’s job was only to “introduce this app to everyone”. The clarification came after a massive political row erupted over the government’s dictum to makers to pre-install the app in…
GUWAHATI/NAGPUR/GURGAON: Squadron Leader Anuj Vashishth and Flight Lieutenant Purvesh Duragkar, who was part of Operation Sindoor last year, were killed on Thursday evening when their Su-30MKI crashed in Assam’s hilly Karbi Anglong district shortly after going off the radar during a training sortie, IAF confirmed on Friday after locating the wreckage. The Sukhoi jet had…
SRINAGAR: PDP chief Mehbooba Mufti sought Jammu & Kashmir CM Omar Abdullah’s intervention to stop the proposed allotment of fertile agriculture land in south Kashmir’s Pulwama district to BSF, claiming it would deprive people of employment.Mehbooba, who visited Puchal Pulwama and met farmers cultivating the vast tract of land, said fertile land close to an…
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Al Warda Investments, an investment vehicle overseen by the Abu Dhabi Investment Council (ADIC), more than tripled its holdings of BlackRock’s iShares Bitcoin Trust ETF (IBIT) in the third quarter as bitcoin BTC$91,605.17 headed toward October’s record high. The 230% increase took its investment to just under 8 million shares valued at $517.6 million, the…
NEW DELHI: Ahead of Brazilian President Luiz Inacio Lula da Silva’s visit to India next week, Embraer — which recently announced setting up a final assembly line here with the Adani Group — has stepped up its engagement with the country. An executive-level visit by the Brazilian aerospace major brass has kicked off work to…
