IOTA Financial News

Vikas Khemani, Founder, Carnelian Asset Management, says in India, both capital gains tax and STT exist, which is strange. STT was introduced when capital gains were removed. Now that capital gains are back, STT is still here. The STT collections are around Rs 35,000-40,000 crore. It is unfair to keep both taxes. It would be better if the government eliminated one of them. This year, Khemani expects personal income tax to decrease because our personal income tax rates are quite high.

Lawyers for Kilmar Armando Abrego Garcia, 29, maintain he is not affiliated with MS-13 or any other street gang and argue the U.S. government «has never produced an iota of evidence» that he does. Abrego Garcia was arrested in Baltimore on March 12 after working a shift as a sheet metal apprentice in Baltimore and picking up his 5-year-old son, who has autism and other disabilities, from his grandmother's house, his lawyers' complaint stated. Abrego Garcia was then sent to the Terrorism Confinement Center, or CECOT, which activists say is rife with abuses and where inmates are packed into cells and never allowed outside. Abrego Garcia's wife later saw him in photos and video from the prison, identifying her husband through his distinctive tattoos and two scars on his head. U.S. Immigration and Customs Enforcement officials admitted in a court filing on Monday to an «administrative error» in deporting him. The government's acknowledgment sparked immediate uproar from immigration advocates while prompting Vice President JD Vance and other administration officials to repeat the allegation that he's a gang member.

U.S. stock indexes drifted to a mixed finish after climbing in the morning but then running out of momentum

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

BJP-led NDA government, saying, “not Modi 3.0, but Modi 1/3 government will be formed this time". In a post on X (formerly Twitter), Jairam Ramesh wrote, “It is being claimed repeatedly that now Modi 3.0 government will be formed. The truth is that this time Modi 1/3 government."Caretaker PM Narendra Modi will assume the Prime Minister's Office for the third term on June 8, following the Bharatiya Janata Party-led National Democratic Alliance (NDA) securing 293 seats in the Lok Sabha elections.Senior Congress leader Kapil Sibal took a jibe at Modi over his “God sent me" remark.

Nigeria has fired back at Binance Holdings’ bribe accusation, claiming it’s a distraction to shift focus away from the exchange’s actions.

This list of the best water tank alarms under 500 offers an affordable yet effective solution to prevent overflow incidents. These alarms use innovative sensor technology to detect rising water levels and emit audible alerts, ensuring timely action to stop the flow and avoid damage. With easy installation and low maintenance requirements, these budget-friendly alarms provide peace of mind, enabling users to manage their water resources efficiently while minimizing wastage and associated costs.

The newly launched IOTA Ecosystem Foundation is committing $10 million to early-stage startups focused on tokenized trading for real-world assets (RWAs).

Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news.

Pran Pratishtha" ceremony at the "historic" Ayodhya Ram Mandir in Uttar Pradesh, Prime Minister Narendra Modi Monday announced the government's decision to start 'Pradhanmantri Surydaya Yojana', an initiative to generate electricity through solar energy. "All the devotees of the world always get energy from the light of Suryavanshi Lord Shri Ram.

By Kiran Menon

Ajit Banerjee, Chief Investment Officer of Shriram Life Insurance Company says he is positive about the domestic market for 2024 and expects the foreign capital inflow to continue. Edited excerpts: Indian markets have undisputedly been one of the best-performing markets in the world in the calendar year 2023 (CY23).

Personal finance goals typically include three big-ticket items: education, wedding and retirement. My children were still in high school during those early years of teaching and writing about financial planning. As I heard families setting aside money for weddings, my rational mind scoffed at the idea.

Bitcoin ETF token Our top pick for the best crypto to buy ahead of the next bull run is Bitcoin ETF Token. Typically, Bitcoin-related tokens perform well alongside the market leader. However, the newly launched presale Bitcoin ETF Token offers a one-of-a-kind use case and is closely tied to the widely anticipated Bitcoin ETF approvals. The project features multiple tools to reward holders as the Bitcoin ETFs are approved. The most hyped is its deflationary mechanism, which drives scarcity and fear of missing out (FOMO) into the project, potentially skyrocketing its price. Bitcoin ETF Token’s burn mechanism is two-fold. First, it has allocated 25% of its total supply to be burned across five key Bitcoin ETF Milestones. Second, it features a 5% burn tax on transactions, which will be reduced by 1% at each milestone. It also boasts a staking mechanism which currently offers a 97% APY. Presale buyers can start staking and compounding their investment immediately, but they must be quick as the rewards decrease as more people stake tokens.

The recent successful registration of IOTA’s foundation in Abu Dhabi and subsequent nearly 48% increase in IOTA’s price yesterday has positioned it among the best crypto to buy now.

Leading DAG-based Layer-1 solution IOTA price has exploded +44% after the Iota Foundation launched as a new $100M entity in Abu Dhabi, but with markets caught off-guard, is it too late to buy IOTA?

Open-source blockchain platform IOTA has unveiled its Abu Dhabi Foundation as part of its strategy to kickstart its Middle East expansion plans.

The open-source blockchain developer IOTA announced on Nov. 29 that it is launching a foundation, the IOTA Ecosystem DLT Foundation, based in Abu Dhabi to focus on the growth of its distributed ledger technology (DLT) in the Middle East region.

Mumbai: Even a dead cat will bounce once if it falls far enough," goes a famous Wall Street saying. In the 1980s, the saying gained currency and came to mean a short-term recovery amid a declining trend. As the Indian stock markets closed over 1% on Friday, 27 October, after six days of bloodbath, many analysts found themselves questioning if this was indeed one of those ‘dead cat bounces’.

TLDR

New revelations from former Alameda Research CEO Caroline Ellison surfaced today regarding the crypto hedge fund's financial relationship with FTX prior to the exchange's collapse.