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Budget 2025: Maritime Industry Gets A Development Fund Of Rs 25,000 Crore
Finance Minister Nirmala Sitharaman said the Maritime Development Fund will be used to support and promote competition.
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MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
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Chainalysis Acquires Web3 Security Firm Hexagate to Advance Strategic Growth Objectives
Blockchain data firm Chainalysis announced its acquisition of Hexagate this week. Hexagate specialises in providing comprehensive tools for Web3 security, including risk mitigation, forensic analysis, and compliance solutions. Its services support a range of prominent crypto firms, including Coinbase, Polygon, Uniswap, and Consensys, among others.
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Mizoram Sports Minister Bats For Centre's Support To Make Northeast Sports Powerhouse
Mizoram Sports Minister Lalnghinglova Hmar has asked the central government to consider giving a special status to the northeast to fund sports infrastructure and find talent.
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Key Abu Dhabi Fund, Sri Lanka Port Authority, Tanzanian Government Reaffirm Support For Adani Group
Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged
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Dogecoin Foundation Seeks Funding to Develop ‘Dogebox’: Details
Through Dogebox, the ecosystem developers wish to onboard the “first million grassroot retailers to accept Dogecoin” as a payment option. This project is part of the open-source work that the Dogecoin Foundation has been working on for a while now.
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Lutnick’s Cantor in Talks With Tether About $2 Billion Bitcoin Lending Project
Tether currently uses Cantor’s custody business to hold the billions of dollars of US Treasuries that support the value of its dominant USDT stablecoin. That custody relationship earns Cantor tens of millions of dollars a year, according to people familiar with the matter.
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North Korean Hackers Steal $3 Billion In Crypto To Fund Nuclear Programme
North Korean hackers have stolen an estimated $3 billion worth of cryptocurrency since 2017, using the funds to support the regime's nuclear and missile programmes, a Microsoft report showed on Thursday.
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IMF Approves $7 Billion Loan To Support Pakistan's Economy
The board of the International Monetary Fund on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender.
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China Pledges Another $51 Billion For Debt-Distressed Africa - New Debt Trap?
Chinese President Xi Jinping today pledged to step up China's support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.
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Jay Shah In Support As ICC Plans Stunning INR 125 Crore Fund To Save Test Cricket: Report
The fund is unlikely to benefit the three wealthiest cricket nations -- India, Australia, and England -- since they already offer substantial salaries to their players.
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UK To Fund Master's Scholarships For Uttarakhand Students
These scholarships, offered under the 'Chevening Uttarakhand Higher Education Scholarship' program, will support selected scholars from Uttarakhand to pursue a one-year master's degree in the UK.
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When Neeraj Chopra Supported Arshad Nadeem's Plea For A New Javelin, Government Funds
Pakistan's Arshad Nadeem created history by becoming the first athlete from his country to win an Olympic gold medal as he pipped Neeraj Chopra at the Paris Olympics 2024.
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Karnataka Plans 2% Cess On Movie Tickets, OTT Subscriptions For Welfare Fund
The Karnataka government is considering a cess on movie tickets and OTT subscription fees to support cinema and cultural artists.
-
Budget 2025: Maritime Industry Gets A Development Fund Of Rs 25,000 Crore
Finance Minister Nirmala Sitharaman said the Maritime Development Fund will be used to support and promote competition.
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
-
Chainalysis Acquires Web3 Security Firm Hexagate to Advance Strategic Growth Objectives
Blockchain data firm Chainalysis announced its acquisition of Hexagate this week. Hexagate specialises in providing comprehensive tools for Web3 security, including risk mitigation, forensic analysis, and compliance solutions. Its services support a range of prominent crypto firms, including Coinbase, Polygon, Uniswap, and Consensys, among others.
-
Mizoram Sports Minister Bats For Centre's Support To Make Northeast Sports Powerhouse
Mizoram Sports Minister Lalnghinglova Hmar has asked the central government to consider giving a special status to the northeast to fund sports infrastructure and find talent.
-
Key Abu Dhabi Fund, Sri Lanka Port Authority, Tanzanian Government Reaffirm Support For Adani Group
Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged
-
Dogecoin Foundation Seeks Funding to Develop ‘Dogebox’: Details
Through Dogebox, the ecosystem developers wish to onboard the “first million grassroot retailers to accept Dogecoin” as a payment option. This project is part of the open-source work that the Dogecoin Foundation has been working on for a while now.
-
Lutnick’s Cantor in Talks With Tether About $2 Billion Bitcoin Lending Project
Tether currently uses Cantor’s custody business to hold the billions of dollars of US Treasuries that support the value of its dominant USDT stablecoin. That custody relationship earns Cantor tens of millions of dollars a year, according to people familiar with the matter.
-
North Korean Hackers Steal $3 Billion In Crypto To Fund Nuclear Programme
North Korean hackers have stolen an estimated $3 billion worth of cryptocurrency since 2017, using the funds to support the regime's nuclear and missile programmes, a Microsoft report showed on Thursday.
-
IMF Approves $7 Billion Loan To Support Pakistan's Economy
The board of the International Monetary Fund on Wednesday agreed to loan Pakistan $7 billion to bolster its faltering economy, approving a relief package that Islamabad has pledged would be the last from the Washington-based lender.
-
China Pledges Another $51 Billion For Debt-Distressed Africa - New Debt Trap?
Chinese President Xi Jinping today pledged to step up China's support across the debt-distressed African continent with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at least 1 million jobs.
-
Jay Shah In Support As ICC Plans Stunning INR 125 Crore Fund To Save Test Cricket: Report
The fund is unlikely to benefit the three wealthiest cricket nations -- India, Australia, and England -- since they already offer substantial salaries to their players.
-
UK To Fund Master's Scholarships For Uttarakhand Students
These scholarships, offered under the 'Chevening Uttarakhand Higher Education Scholarship' program, will support selected scholars from Uttarakhand to pursue a one-year master's degree in the UK.
-
When Neeraj Chopra Supported Arshad Nadeem's Plea For A New Javelin, Government Funds
Pakistan's Arshad Nadeem created history by becoming the first athlete from his country to win an Olympic gold medal as he pipped Neeraj Chopra at the Paris Olympics 2024.
-
Karnataka Plans 2% Cess On Movie Tickets, OTT Subscriptions For Welfare Fund
The Karnataka government is considering a cess on movie tickets and OTT subscription fees to support cinema and cultural artists.
