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Business

JPMorgan considers offering loans backed by shoppers’ cryptocurrency holdings: Report

The transfer comes as different main U.S. banks, together with Bank of America and Citibank, are creating stablecoins [File] | Photo Credit: AP JPMorgan Chase is exploring plans to supply loans backed by shoppers’ cryptocurrency holdings, together with bitcoin and ether, as early as subsequent yr, the Financial Times reported on Tuesday, citing individuals acquainted […]

Business

Asian stocks agency; Wall Street rally boosts sentiment; crude oil slips on trade worries

Asian markets hovered close to a four-year excessive on Tuesday, supported by Wall Street’s report shut and optimism round upcoming company earnings. Investors additionally tracked international trade developments, particularly US tariff talks with key companions, Reuters reported.Japanese markets reopened after a vacation, reacting calmly to weekend election outcomes the place the ruling coalition misplaced within

Business

Gita Gopinath leaving IMF in August to return to Harvard

File image of Gita Gopinath, deputy managing director of the IMF. | Photo Credit: Reuters Gita Gopinath, the No. 2 official on the International Monetary Fund, will go away her publish on the finish of August to return to Harvard University, the IMF stated in an announcement on Monday (July 21, 2025). IMF Managing Director

Business

Tariff deadline Aug 1, US team to visit India in 2nd half of month

NEW DELHI: Even because the Aug 1 deadline set by Trump looms, a team of US negotiators will visit India solely in the second half of Aug with prime officers indicating that India is a bilateral commerce settlement by Fall.The govt has not commented on the final week’s talks in Washington, however by all indications,

Business

Farmer groups to step up campaign against FTA with U.S.

Rakesh Tikait, farmer rights activist and chief of Samyukta Kisan Morcha (SKM). | Photo Credit: Murali Kumar Ok. A normal physique assembly of the Samyukta Kisan Morcha (SKM) held in New Delhi on Sunday (July 20, 2025) has warned the Union authorities against going forward with the proposed commerce settlement with the United States. The

Business

Crypto safety: Crypto thefts in 2025 surpass $2.17 billion; India’s CoinDCX breach adds to global surge driven by ByBit mega heist

Crypto thefts have crossed a staggering $2.17 billion in the primary half of 2025, already eclipsing the full-year toll of 2024, in accordance to blockchain analytics agency Chainalysis. The sharp spike in crypto-related crime highlights rising vulnerabilities in digital asset platforms, with large-scale, refined assaults turning into more and more frequent.The determine, which excludes final

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