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The US House Committee on Oversight and Accountability has issued a warning to Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), asking him to cooperate or face disciplinary action.

G20 finance ministers and central bank governors Thursday adopted the roadmap to ensure effective, flexible, and coordinated implementation of the comprehensive policy framework for crypto assets. The roadmap is based on a synthesis paper bringing together separate recommendations by the International Monetary Fund (IMF) and the Financial Stability Board (FSB). The FSB has recommended regulations rather than an outright ban on crypto assets to prevent them from undermining macroeconomic and financial stability. “We adopt the roadmap proposed in the Synthesis Paper as a G20 Roadmap on Crypto Assets.

Mastercard has announced a successful demonstration of an innovative solution that enables the wrapping of Central Bank Digital Currencies (CBDCs) on various blockchain networks.

A top House Republican is threatening to subpoena the Securities and Exchange Commission for any documents about U.S. involvement in crafting European Union environmental, social and governance regulations that GOP lawmakers say harmAmerican businesses.

Japan’s top automaker Toyota and Idemitsu, a major oil company, say they will cooperate on technology for mass production of solid-state batteries that promise to be a key component in future electric vehicles

Narendra Modi and Russian President Vladimir Putin may be in pipeline this year. The venue and timings of the meeting are yet to be finalised while the two sides are in touch to finalise they meet, ET has learnt. The two last met at Samarkand in 2022 on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit sidelines.

NEW DELHI : Brazilian agriculture and livestock minister Carlos Favaro is expected to meet Indian consumer affairs, food and public distribution minister Piyush Goyal in New Delhi during a 1-3 November visit. Favaro’s visit comes as countries eye open, unimpeded and reliable food supply chains amid pressures to ensure that agricultural trade is not affected by unilateral restrictions and protectionist measures.

₹40,000) in urban areas. By an estimate of the Organization for Economic Cooperation and Development, reducing discrimination in social institutions could lead to an annual average increase of 0.03-0.6 percentage points in the world GDP growth rate by 2030.

By Jonathan Landay

OECD has come out with a new multilateral convention to check base erosion and profit shifting to ensure that MNCs pay a fair share of taxes in the country of operation. «The… convention moves the international community a step closer towards finalisation of the Two-Pillar Solution to address the tax challenges arising from the digitalisation and globalisation of the economy,» OECD said in a statement.

Also Read: Theatres in Tamil Nadu to hold early morning shows for Thalapathy Vijay’s ‘Leo’ Meanwhile, trade analyst, Sreedhar Pillai, wrote, “What’s your preferred time for the start of #FDFS in #TN for the 5th show allowed as per G.O - 4/6AM or 9AM?" Meanwhile, the Tamil Nadu government has granted permission for cinema halls to conduct special screenings for Thalapathy Vijay's highly anticipated film, 'Leo'.

Sitharaman held discussions with US Treasury Secretary Janet Yellen on the policy priorities of the International Monetary Fund and how the institution should support its membership. The two met on the sidelines of the ongoing IMF-World Bank Annual meetings in Marrakech, Morocco, the Union Ministry of Finance informed. In her intervention, Sitharaman spoke about IMF's mandate and lending policies, a strong, quota-based, and adequately resourced IMF, Poverty Reduction and Growth Trust (PRGT) Financing and IMF Governance reforms. In her address, she also highlighted the role of IMF in addressing debt restructuring process bottlenecks and fostering cooperation on debt issues, including through co-chairing the Global Sovereign Debt Roundtable (GSDR) with India and the World Bank, according to the Finance Ministry. The roundtable discussion was hosted by US Treasury Secretary Yellen. A high-level seminar on «Strengthening the Financial Capacity of MDBs» was also organised by the G20 India Presidency. Sitharaman drew attention to India's G20 Presidency's focus on the importance of multilateralism to move towards coordinated and consensus-based solutions to global challenges and also highlighted that in line with the evolving needs of the membership, the IMF's primary focus needs to be macroeconomic surveillance and policy guidance. The participants during the seminar deliberated on various options to enhance multi-lateral development banks (MDBs) financing and how these options can be implemented most effectively across the MDBs. The Union Finance Minister also underscored the importance of the IMF to remain well-capitalised through quota-based resources to remain central to the global financial safety net. Expressing

Plans by the Port of South Louisiana to purchase what was once a major shipyard for construction of military vessels have been delayed

A Brazilian congressional committee has recommended the indictment of four Binance senior executives, including the company's CEO and founder Changpeng Zhao.

NEW DELHI : Japan’s premier international cooperation and development agency, JICA, is interested in partnering with India in infrastructure projects in Southeast Asia, Africa and the Pacific, said JICA India chief Saito Mitsunori. He also pointed to JICA’s plans with the newly announced Bay of Bengal Northeast Corridor, which aims to build infrastructure in India and Bangladesh and construct a new industrial value chain.

Jaishankar on Wednesday called on Sri Lankan President Ranil Wickremesinghe here and held «extensive discussions» aimed at enhancing the relationship between the two neighbours. The minister, who is here to attend the 23rd Council of Ministers Meeting of the Indian Ocean Rim Association (IORA), met with President Wickremesinghe at the Presidential Secretariat. «Called on President of Sri Lanka Ranil Wickremesinghe today evening in Colombo.

Also Read: Oil snaps Israel-Hamas conflict-induced rally, slides over $1 on demand concerns; Brent eases to $86/bbl Novak said he and Prince Abdulaziz discussed the oil market and cooperation within the Organisation of Petroleum Exporting Countries and its allies (OPEC+). "Of course, (cooperation within OPEC+) was (considered) at our internal meeting, one of the most important topics that we discussed today," Novak said, according to Interfax news agency.

By Jody Godoy and Luc Cohen

Indian Ocean region to effectively address the development challenges as it warned them to be clear of the dangers of «hidden agendas» in unviable projects or unsustainable debt, in an apparent reference to China which is accused by the West of «debt trap» diplomacy. Speaking at the 23rd Council of Ministers Meeting of the Indian Ocean Rim Association (IORA) in Sri Lanka, External Affairs Minister S Jaishankar said that it is important to maintain the Indian Ocean as a free, open and inclusive space based on the UN Convention on the Law of the Seas (UNCLOS), as the Constitution of the Seas.

The Times of Israel cited the Foreign Ministry which said that 84 countries expressed support for Israel. Countries like France, Germany, Italy, United Kingdom, and the United States also issued a joint statement expressing their joint support and condemned Hamas and its appalling acts of terrorism.

CBI registered an FIR against NewsClick and its founder Prabir Purkayastha for alleged violation of the Foreign Contribution (Regulation) Act and carried out searches at the office and residence of the portal's founder on Wednesday, officials said. In the FIR, the agency has named as accused the company PPK Newsclick Studio Pvt Ltd, Purkayastha, Jason Pfetcher, the sole manager of Worldwide Media Holdings, and American millionaire Neville Roy Singham, who runs an IT consultancy firm, besides unidentified others. They said a team of agency officials searched the residence and office of NewsClick founder Purkayastha, who was recently arrested by the Delhi Police in a case under the Unlawful Activities (Prevention) Act. «The CBI is currently conducting search and seizure operations at the NewsClick office and the residence of our Editor-in-Chief, Prabir Purkayastha. This is the fifth agency that is investigating us.