A dispatch rider passes in front empty building of the Lukoil headquarter in Sofia, Bulgaria (Picture credit: AP) The United States has temporarily lifted some restrictions on Lukoil-branded fuel stations operating outside Russia, allowing them to continue running despite sanctions placed on the parent company. The treasury department confirmed on Thursday that these stations —…
Artificial intelligence, inflation and the incoming Trump administration were big topics of conversation. Source link
BENGALURU: At India Blockchain Week in Bengaluru on Monday, Rahul Sanskrityayan, Specialist Consultant for Blockchain at NPCI, said the Reserve Bank of India’s programmable central bank digital currency (CBDC) is already live with participating banks and is being used by the government for targeted subsidy transfers.Sanskrityayan said programmable CBDC allows funds to be restricted for…
The DealBook Summit has interviewed top leaders since 2012. Source link
(Image credits: X @firesideventure) BENGALURU: Consumer focused venture capital firm Fireside Ventures has closed its fourth fund with commitments of Rs 2,265 crore (about $253 million), doubling down on early stage consumer brands as it chases the next wave of health, wellness and lifestyle companies in India. The new vehicle takes the firm’s total assets…
Andrew Ross Sorkin will interview some of the most powerful people from Wall Street, Silicon Valley and Washington. Source link
BENGALURU: Bengaluru-based electric motorcycle maker Ultraviolette has raised $45 million in fresh growth capital from Zoho Corporation and European investment firm Lingotto as part of its ongoing Series E round.The company said the funding will be used to scale production and sales of its flagship F77 electric sportbike and the new X‑47 crossover, and to…
Skilled workers from Taiwan engaged in the chip industry have found ways to ease the transition to America while making an imprint on Greater Phoenix. Source link
File photo (Picture credit: ANI) The Indian rupee’s slide past Rs 90 per US dollar for the first time ever has shifted sentiment in the equity market and raised fresh concerns for investors. The breach of this psychological level has come on the back of weak capital flows, steady demand for dollars from importers, and…
Abbott Diabetes Care said it had received reports of more than 700 injuries that may be associated with malfunctioning sensors. Source link
