Crypto deal: Pakistan, Binance sign MoU on tokenising sovereign assets; plan covers up to $2 bn

Pakistan on Friday signed a memorandum of understanding (MoU) with global crypto exchange Binance to explore tokenisation of sovereign and real-world assets of up to $2 billion, marking one of the country’s most significant steps toward adopting blockchain-based financial infrastructure, PTI reported.The MoU was signed at the Finance Division by Finance Minister Muhammad Aurangzeb and…

Read More

Stock market holidays 2026: NSE releases holiday calendar; check key dates, weekend closures, Muhurat session & outlook

Leading bourse NSE has published its official trading holiday calendar for 2026, offering traders and investors an early roadmap for days when equity and derivatives markets will remain shut. The circular, as reported ET, issued under exchange bye-laws and F&O regulations, lists 15 full trading holidays—one more than in 2025—and also details festivals falling on…

Read More

US markets today: Wall Street holds firm, Lululemon jumps on CEO exit; AI stocks slip with Broadcom

Most US stocks rose on Friday even as artificial-intelligence names came under renewed pressure, keeping Wall Street’s benchmark indices near record highs, AP reported.The S&P 500 dipped 0.1% in early trade, retreating slightly from its all-time high, while the Dow Jones Industrial Average gained 103 points, or 0.2%. The Nasdaq composite fell 0.4% as selling…

Read More

Coal policy reform: Cabinet okays CoalSETU window for auction-based linkages; new route to allow industrial use and export

The Cabinet Committee on Economic Affairs on Friday approved a new policy framework called the CoalSETU window, creating an additional auction route for long-term coal linkages for any industrial use and exports, according to an official release.The decision modifies the existing Non-Regulated Sector (NRS) Linkage Auction Policy of 2016, which restricts linkages to specified end-use…

Read More

Forex monitor: India’s reserves rise by $1 bn; gold holdings jump sharply as overall kitty hits $687.26 bn

India’s foreign exchange reserves rose by USD 1.033 billion to USD 687.26 billion in the week ended December 5, the Reserve Bank of India (RBI) said on Friday. This comes after the previous reporting week saw a decline of USD 1.877 billion, PTI reported. According to the RBI’s weekly statistical data, foreign currency assets —…

Read More

The TerraUSD scam: South Korean entrepreneur Do Kwon faces 15 year jail time; what was the ‘epic fraud’?

Do Kwon, a cryptocurrency entrepreneur once celebrated for building the TerraUSD and Luna digital tokens, is now beginning a 15-year stretch in a US federal prison. But how did the South Korean businessman ended up with a jail sentence? The 34-year-old, who co-founded Singapore-based Terraform Labs and promoted his coins as stable, innovative and built…

Read More