In today’s newsletter, Josh Olszewicz from Canary Capital introduces Sui blockchain and discusses its potential impact on Web3 adoption and optimization for consumer applications. Special alert: Are you going to Consensus Miami? Don’t miss the closed-door, Wealth Management Day on May 6. There is a special side event, dedicated to advisors. Attendance is complimentary for…
WLFI$0.1062, the Trump-family-linked crypto project, will soon launch a foreign exchange platform called World Swap, its co-founder, Zak Folkman, said on stage at Consensus Hong Kong. The forex teaser adds to a growing list of products orbiting the project’s USD1 stablecoin as the project positions itself as a full-stack financial ecosystem, with further announcements expected…
Mumbai: ICICI Bank reported a net profit of Rs 13,701.7 crore for the quarter ended Mar 31, 2026, up 8.5% from Rs 12,629.6 crore in the year-ago period following an improvement in asset quality. The full-year net profit for FY26 rose 6.2% to Rs 50,146.6 crore from Rs 47,227.0 crore in FY25.Interest income for the…
Any acquisition would depend on ONGC obtaining a licence from US authorities permitting it to operate the two fields. (AI image) Oil and Natural Gas Corp (ONGC) is reportedely in discussions with Venezuela’s state-owned oil producer PDVSA to purchase either a portion or all of its holdings in two oilfields located in the South American…
NEW DELHI: Govt on Saturday said that it has opened a four-month window for states to apply for setting up the first 50 industrial parks under the Rs 33,660 crore Bharat Audyogik Vikas Yojna (Bhavya) scheme.Over six years, starting from the current fiscal, the scheme provides for the setting up of 100 plug-and-play industrial parks…
BHOGAPURAM: With more mega airports coming up in India, the country has decided to use a multi-pronged strategy to give a boost to international flights from these upcoming hubs. Instead of just raising bilaterals or flying rights with other countries to have more flights to foreign shores, govt is keen both Indian airports and airlines…
Bharti Airtel has overtaken HDFC Bank to become India’s second most valuable listed company by market capitalisation, underlining the sharp re-rating in telecom stocks and changing investor preferences on Dalal Street, according to an ET report.Bharti Airtel shares rose more than 2 per cent to Rs 1,943 on the BSE, pushing the company’s market capitalisation…
Aave Labs has proposed that the decentralized autonomous organization behind Arbitrum unfreeze $73.5 million in Ether tied to the Kelp DAO attack and to direct those funds to “DeFi United,” a fund aimed at restoring rsETH and compensating its holders. Last week, the Arbitrum Security Council moved to freeze 30,765 Ether (ETH) held in a…
LUCKNOW: Even as the state level coordinator (SLC) of oil marketing companies (OMCs) continues to maintain that the supply of petroleum products in Uttar Pradesh is “completely normal and under control”, a comparison of two official statements issued on April 6 and April 27, points to emerging pressure in the system—particularly in LPG logistics—alongside a…
India’s foreign exchange reserves rose by $963 million to $672.587 billion in the week ended June 19, reversing the previous week’s sharp decline, as a surge in gold reserves more than offset a fall in foreign currency assets, according to RBI data released on Friday, PTI reported.The country’s forex reserves had declined by $9.985 billion…
