Washington, Feb 6 (IANS) The US Treasury is betting that stablecoins backed by government securities can strengthen the global role of the dollar, with Treasury Secretary Scott Bessent defending new legislation on digital assets before Congress.
Mumbai, Feb 6 (IANS) Filmmaker Neeraj Pandey has issued a statement on social media after the title of his forthcoming drama, "Ghooskhor Pandat", garnered some massive backlash.
Mumbai, Feb 6 (IANS) The Securities and Exchange Board of India (SEBI) has proposed to allow investors to set up standing instructions for systematic withdrawal plans (SWP) and systematic transfer plans (STP) for mutual fund units held in demat accounts, a facility currently available only for units held in the statement‑of‑account mode.
Mumbai, Feb 6 (IANS) RBI Governor Sanjay Malhotra announced on Friday that the Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged at the current level of 5.25 per cent and stick to the neutral monetary policy stance.
Hyderabad, Feb 6 (IANS) If sources from the unit of director Bharat Krishnamachari's eagerly-awaited historical action epic 'Swayambhu', featuring Nikhil Siddhartha in the lead are to be believed, dubbing for the film's Telugu version is currently on and is progressing at a brisk pace.
Dubai, Feb 6 (IANS) Highly-renowned commentators Ravi Shastri, Nasser Hussain, Ian Smith and Ian Bishop headline commentary panel during the 10th edition of the T20 World Cup that commences in India and Sri Lanka on February 7.
New Delhi, Feb 6 (IANS) India’s growth cycle is set to accelerate backed by reflation effort of the RBI and the government via rate cuts, bank deregulation and liquidity infusion, continuing capex, tax cuts and relatively stimulating budget, a Morgan Stanley report said on Friday.
Mumbai, Feb 6 (IANS) Veteran actress Shabana Azmi declared herself to be a Russell Crowe admirer through her latest social media post.
Washington, Feb 6 (IANS) A sharp partisan clash over inflation, bank regulation and financial stability dominated a Senate Banking Committee hearing on as Treasury Secretary Scott Bessent defended the administration’s economic record and the Financial Stability Oversight Council’s 2025 annual report.
Washington, Feb 6 (IANS) Artificial intelligence has emerged as a priority risk for the US financial system, with Treasury Secretary Scott Bessent telling Congress that regulators are stepping up oversight of how AI is used across markets and institutions.
