'Fed cannot hold bitcoin, not seeking to change that'
Financial Express Mumbai|December 20, 2024
FEDERAL RESERVE CHAIR Jerome Powell said on Wednesday the US central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.

"We're not allowed to own bitcoin," Powell said. In terms of the legal issues around holding bitcoin, "that's the kind of thing for Congress to consider, but we are not looking for a law change at the Fed," he added.

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MÁS HISTORIAS DE FINANCIAL EXPRESS MUMBAIVer todo
Financial Express Mumbai

Low-cost growth is edtech's new winning formula, not high burn, says Lightspeed

THE EDTECH SECTOR is adopting a new mantra for success—efficient customer acquisition over high marketing spends.

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1 min  |
December 21, 2024
Pushpa 2 hits ₹990 cr in India, ₹1,500 cr worldwide
Financial Express Mumbai

Pushpa 2 hits ₹990 cr in India, ₹1,500 cr worldwide

ALLU ARJUN-STARRER Pushpa 2: The Rule has become the biggest hit of the actor's career, and even after two weeks in the cinemas, the film is still making money in double digits.

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1 min  |
December 21, 2024
Financial Express Mumbai

How India's Twenty20 batting in domestic cricket went on a six-hitting spree this year

go and excel from ball one. When you have that kind of belief, it gives you that boost that you can take on every delivery,\" Mumbai's title-winning skipper Shreyas Iyer told IE.

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2 minutos  |
December 21, 2024
More than 15% of super-rich in India are under 30: Report
Financial Express Mumbai

More than 15% of super-rich in India are under 30: Report

DRIVEN BY STARTUP UNICORNS AND IPOs

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1 min  |
December 21, 2024
Jaipur crash triggers blast
Financial Express Mumbai

Jaipur crash triggers blast

AT 5:45 AM—15 MINUTES after he dropped his nephew Harlal and another relative, Raju, at the Jaipur-Ajmer highway to board a truck to take them back home—Mohanlal (47) got a distressing call: there had been an explosion and that Harlal was nowhere to be found.

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1 min  |
December 21, 2024
Bhagwat: Ram temple is a matter of faith
Financial Express Mumbai

Bhagwat: Ram temple is a matter of faith

UNDERLINING THAT RAM temple in Ayodhya was a \"matter of faith\" for Hindus, RSS chief Mohan Bhagwat has said that it is \"unacceptable\" to rake up \"such new issues on a daily basis\" simply because of \"extreme hatred, malice, enmity and suspicion\".

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1 min  |
December 21, 2024
ED books KTR in Formula-E case
Financial Express Mumbai

ED books KTR in Formula-E case

THE ENFORCEMENT DIRECTORATE on Friday filed a money laundering case against BRS leader K T Rama Rao and some others in a case linked to alleged payment irregularities during the Formula-E race held in Hyderabad in February 2023, official sources said.

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1 min  |
December 21, 2024
Chaotic winter session ends amid brawls and protests
Financial Express Mumbai

Chaotic winter session ends amid brawls and protests

ONE NATION, ONE POLL AND AMBEDKAR ISSUES CREATED RUCKUS

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1 min  |
December 21, 2024
A City sensation, but can it Amaze your Dzire for a car?
Financial Express Mumbai

A City sensation, but can it Amaze your Dzire for a car?

New Amaze is as luxurious as old City, but lacks features like USB-C socket, 360-degree camera, auto-dimming cabin mirror, and sunroof

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2 minutos  |
December 21, 2024
Five-time Haryana CM Chautala dies at 89
Financial Express Mumbai

Five-time Haryana CM Chautala dies at 89

INDIAN NATIONAL LOK Dal (INLD) supremo and five-time Haryana chief minister Om Prakash Chautala, patriarch of one of the most influential political families of the state, died of cardiac arrest at his Gurugram residence on Friday. He was 89.

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1 min  |
December 21, 2024