NEW DELHI: The nation remembers with solemn hearts the carnage unleashed in Mumbai 13 years ago by Pakistani terrorists, on November 26, 2008. 166 people fell to terrorists’ bullets at several locations in Mumbai.They are being remembered through various events, organised in Mumbai and elsewhere. President Ram Nath Kovind paid tributes to the martyrs and…
Winter session 2021: Cryptocurrency Bill among 26 to be introduced in Parliament – BusinessToday
The government is going to introduce a Bill on cryptocurrencies, along with 25 other Bills during the Winter Session of the Parliament beginning November 29, according to the Lok Sabha website. The decision comes amid concerns over such currencies being allegedly used for luring investors with misleading claims and for funding terror activities, suggested earlier…
Letters to the editor dated November 19, 2021
A regressive step In a major back down, Prime Minister Narendra Modi announced the repeal of three farm laws.The farm laws were opposed by the farmers belonging to the Punjab, Haryana and Western UP which accounts for a small fraction of the farmers in the country.These three laws were brought in for the welfare of…
India plans law that will prohibit ‘all private cryptocurrencies,’ with ‘certain exceptions’
[Skip to comments.](#comment) Posted on 11/23/2021 11:07:27 AM PST by [BenLurkin](/~benlurkin/) The bill — called Cryptocurrency & Regulation of Official Digital Currency Bill 2021 — will also create a “facilitative framework” for the creation of the official digital currency for the country, the legislative agenda adds. Lawmakers in India have for several quarters been discussing…
Lira collapse leaves Turks bewildered, opposition angry
By Ece Toksabay and Tuvan Gumrukcu ANKARA (Reuters) – Anxious Turks struggled to keep up with a bewildering collapse in their currency and the main opposition party leader said the country was experiencing its darkest “catastrophe” as the lira slumped 15% on Tuesday against the dollar. Tuesday’s meltdown follows weeks of steep falls in the…
W.R. Berkley Stock Defies Market Drop, Hits All-Time High | Investor’s Business Daily
W.R.Berkley ( WRB ), a New England insurance company, is putting up strong numbers.As a result, on Tuesday Berkley stock’s Relative Strength Rating improved to 75, up from 67 a day earlier.Also on Tuesday, Berkley stock rose 2.6% to an all-time high 84.68.That’s in contrast to the rest of the market, which was mostly retreating…
Junk-rated El Salvador’s ‘Bitcoin bonds’ look explosive (think Volcano)
While El Salvador’s new bitcoin-linked bond may be one of the highest-yielding fixed-income instruments globally, it might turn out to be riskier than the country’s outstanding government bonds, which are already categorized as junk-grade.Some experts said the new offering might struggle to attract investors, especially because the bond appears to pay interest at a lower…
El Salvador’s dollar debt dives on Bitcoin bond plans
El Salvador’s dollar-denominated bonds have fallen to an all-time low as the Central American nation’s debt started trading in “distressed territory” this week. El Salvador’s USD bonds fell to 64.4 cents to the dollar on Monday, Nov.22, following the weekend news that the Central American country would use Bitcoin (BTC) bonds to fund its Bitcoin…
IMF Report On El Salvador Is Positive… Except For Everything Bitcoin-Related
In a current report, the IMF applauds the method El Salvador managed the COVID-19 scenario and reveals their economy grew 10% in 2021.The International Monetary Fund likewise acknowledges El Salvador’s Federal Government efforts to decrease criminal offense, “diversify the energy matrix, foster financial diversity, and improve monetary addition.” Nevertheless, when it pertains to Bitcoin ,…
Indian government set to ban cryptocurrencies
Indian government set to ban cryptocurrencies Published 1 day ago Image source, Reuters India is set to go ahead with its plan to ban most cryptocurrencies in the country under a long-awaited bill. Expectations had grown in recent months that the government may soften its view on digital currencies. The ban would relate to all…