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Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
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Sensex Opens 134 Points Higher, Nifty Climbs 37 Points In Early Trade
The domestic benchmark indices opened marginally up, amid positive global cues, as buying was seen in the auto, PSU bank and financial services sectors in the early trade.
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Sensex Opens 600 Points Higher, Nifty Climbs 150 Points In Early Trade
The domestic benchmark indices opened higher on Monday amid positive global cues, as selling was seen in the IT, PSU bank and financial services sectors in the early trade.
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Stablecoin Sector May Reach $2 Trillion: Standard Chartered
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion (roughly Rs. 1,71,29,830 crore) within the next three years. it has predicted that US legislation on stablecoins would further legitimise the stablecoin industry.
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EY Slapped With Nearly 5-Million-Pound Penalty Over Thomas Cook Audits
The UK watchdog, the Financial Reporting Council, slapped the fine on the company while one of its partners Richard Wilson, who was in charge of the 2017 and 2018 audits, was fined 105,000 pounds.
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US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details
The US, under President Donald Trump, is making strides in creating a nurturing environment for the crypto sector to grow. In a fresh development, the Federal Deposit Insurance Corporation (FDIC) has announced that financial institutions under its oversight no longer need prior approval to dabble in crypto-related activities. The CFTC, on the othe...
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Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
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"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
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Cybercrimes Could Cost India Rs. 20,000 Crore Due to Brand Abuse and Fake Domains in 2025: CloudSEK
India could potentially suffer financial losses reaching roughly Rs. 20,000 crore due to cybercrimes in 2025, as per a recent report by a cybersecurity firm. The report predicted that brand abuse, phishing scams, and fake domain takedowns would be the leading methods to conduct cybercrimes in the ongoing year.
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India Needs 7.8% Growth To Become High-Income Country By 2047: World Bank
India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday.
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Reliance, Airtel Among Nifty 50 Firms Experimenting with Web3, Testifies to Sector Growth: Mudrex
About 16 Nifty 50 firms, including Reliance, Airtel, ITC, and TCS, are exploring Web3 for digital marketing, supply chain management, CBDCs, and cross-border trading, according to a report by crypto investment firm Mudrex that was exclusively shared with Gadgets 360.
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Sensex Slides Below 75,000 In Early Trade As Markets Extend Losses
The Indian benchmark indices opened lower on Monday amid weak global cues, as selling was seen in the IT and financial service sectors in the early trade.
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Government To Receive Rs 2.56 Lakh Crore As Dividend From RBI, Public Banks In FY26
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents.
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Budget 2025: Nirmala Sitharaman Announces Big Focus On Agriculture And Food Security
Budget 2025 for Food and Agriculture: The Budget highlights numerous initiatives focused on sustainable farming practices, increasing agricultural productivity, and improving financial support for farmers.
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Union Budget 2025 Will Initiate Reforms In Six Areas Including Taxation: Nirmala Sitharaman
Union Budget will initiate reforms in six areas - taxation, urban development, mining, financial sector, power and regulatory framework, said Finance Minister Nirmala Sitharaman.
-
Russia to Establish Experimental Crypto Exchange for 'Highly Qualified Investors': Report
The Central Bank of Russia has proposed a project to test crypto activities under an experimental legal regime (ELR) owing to the volatility and risks associated with cryptocurrencies. Earlier in March, it proposed to conduct these crypto transaction trials with “highly qualified investors”.
-
Sensex Opens 134 Points Higher, Nifty Climbs 37 Points In Early Trade
The domestic benchmark indices opened marginally up, amid positive global cues, as buying was seen in the auto, PSU bank and financial services sectors in the early trade.
-
Sensex Opens 600 Points Higher, Nifty Climbs 150 Points In Early Trade
The domestic benchmark indices opened higher on Monday amid positive global cues, as selling was seen in the IT, PSU bank and financial services sectors in the early trade.
-
Stablecoin Sector May Reach $2 Trillion: Standard Chartered
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion (roughly Rs. 1,71,29,830 crore) within the next three years. it has predicted that US legislation on stablecoins would further legitimise the stablecoin industry.
-
EY Slapped With Nearly 5-Million-Pound Penalty Over Thomas Cook Audits
The UK watchdog, the Financial Reporting Council, slapped the fine on the company while one of its partners Richard Wilson, who was in charge of the 2017 and 2018 audits, was fined 105,000 pounds.
-
US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details
The US, under President Donald Trump, is making strides in creating a nurturing environment for the crypto sector to grow. In a fresh development, the Federal Deposit Insurance Corporation (FDIC) has announced that financial institutions under its oversight no longer need prior approval to dabble in crypto-related activities. The CFTC, on the othe...
-
Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
-
"India's Financial System Diverse, Driven By Rapid Economic Growth": IMF Report
The report observed that India's insurance sector is strong and growing, with a significant presence in both life and general insurance.
-
Cybercrimes Could Cost India Rs. 20,000 Crore Due to Brand Abuse and Fake Domains in 2025: CloudSEK
India could potentially suffer financial losses reaching roughly Rs. 20,000 crore due to cybercrimes in 2025, as per a recent report by a cybersecurity firm. The report predicted that brand abuse, phishing scams, and fake domain takedowns would be the leading methods to conduct cybercrimes in the ongoing year.
-
India Needs 7.8% Growth To Become High-Income Country By 2047: World Bank
India will need to grow at an average 7.8 per cent to become a high-income country by 2047, a World Bank report said on Friday.
-
Reliance, Airtel Among Nifty 50 Firms Experimenting with Web3, Testifies to Sector Growth: Mudrex
About 16 Nifty 50 firms, including Reliance, Airtel, ITC, and TCS, are exploring Web3 for digital marketing, supply chain management, CBDCs, and cross-border trading, according to a report by crypto investment firm Mudrex that was exclusively shared with Gadgets 360.
-
Sensex Slides Below 75,000 In Early Trade As Markets Extend Losses
The Indian benchmark indices opened lower on Monday amid weak global cues, as selling was seen in the IT and financial service sectors in the early trade.
-
Government To Receive Rs 2.56 Lakh Crore As Dividend From RBI, Public Banks In FY26
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents.
-
Budget 2025: Nirmala Sitharaman Announces Big Focus On Agriculture And Food Security
Budget 2025 for Food and Agriculture: The Budget highlights numerous initiatives focused on sustainable farming practices, increasing agricultural productivity, and improving financial support for farmers.
-
Union Budget 2025 Will Initiate Reforms In Six Areas Including Taxation: Nirmala Sitharaman
Union Budget will initiate reforms in six areas - taxation, urban development, mining, financial sector, power and regulatory framework, said Finance Minister Nirmala Sitharaman.
