Foreign investors withdraw $244M, triggering second wave of outflows

Foreign investors have pulled out a staggering $244 million from India-focused funds this week, according to Elara Capital. Continue reading Foreign investors withdraw $244M, triggering second wave of outflows

US Investigation Into Solar Tariff Evasion Will Not Impact Waaree Energies’ Investment Plans, Propelling Exploration Of Manufacturing Capability

The Texas facility is being scaled to 3.2GW by FY27.US customs officials last week launched an investigation into whether Waaree bypassed tariffs on Chinese-made solar cells and panels by falsely labelling them as manufactured in India. Waaree is one of the largest vertically integrated companies in the manufacturing of solar modules, which convert sun rays into electricity. Continue reading US Investigation Into Solar Tariff Evasion Will Not Impact Waaree Energies’ Investment Plans, Propelling Exploration Of Manufacturing Capability

US Investigation Into Solar Tariff Evasion Will Not Impact Waaree Energies’ Investment Plans, Propelling Exploration Of Manufacturing Capability

The Texas facility is being scaled to 3.2GW by FY27.US customs officials last week launched an investigation into whether Waaree bypassed tariffs on Chinese-made solar cells and panels by falsely labelling them as manufactured in India. Waaree is one of the largest vertically integrated companies in the manufacturing of solar modules, which convert sun rays into electricity. Continue reading US Investigation Into Solar Tariff Evasion Will Not Impact Waaree Energies’ Investment Plans, Propelling Exploration Of Manufacturing Capability

Fresh triple-zero outage for embattled telco Optus

Scandal-plagued telco Optus has confirmed another triple-zero outage, with mobile phone users in one state unable to call emergency services. Continue reading Fresh triple-zero outage for embattled telco Optus

Donald Trump To Host Tech CEOs Dinner At White House Today, Elon Musk Not On The List: Who All Are Invited?

The event, held in the newly redesigned Rose Garden, marks a significant moment for tech-policy collaboration but notably excludes Elon Musk, signaling a deepening divide between the president and the Tesla CEO. Continue reading Donald Trump To Host Tech CEOs Dinner At White House Today, Elon Musk Not On The List: Who All Are Invited?

XRP’s ETF countdown begins – 6 filings under SEC spotlight this October

Key Takeaways Which XRP ETF filings are under SEC review in October? The lineup includes Grayscale, 21RP Trust, Bitwise, Canary Capital and CoinShares, and WisdomTree. Continue reading XRP’s ETF countdown begins – 6 filings under SEC spotlight this October

You can soon switch your LPG supplier in India

The Petroleum and Natural Gas Regulatory Board (PNGRB) has proposed a new LPG Interoperability Framework that will allow consumers to switch their LPG suppliers, similar to mobile number portability. Continue reading You can soon switch your LPG supplier in India

Carwow races towards £100m sales milestone

It charges car dealers a fee for each genuine buyer inquiry or successful lead they receive through the platform. Continue reading Carwow races towards £100m sales milestone

H-1B changes to have little effect on Indian remittances: Barclays

A recent Barclays research report has estimated that the changes in H-1B visa rules in the US will have a minimal impact on remittances sent by overseas Indians. Continue reading H-1B changes to have little effect on Indian remittances: Barclays

SWIFT Trials Blockchain Payments, Introducing Competition for Ripple

The post SWIFT Trials Blockchain Payments, Introducing Competition for Ripple appeared com. TLDR SWIFT is testing blockchain-based transactions using Ethereum Layer 2 platform Linea. The pilot involves major banks including BNP Paribas and BNY Mellon. SWIFT aims to reduce costs and enhance transparency by combining payment instructions and settlement in one on-chain transaction. The pilot could challenge Ripples cross-border payment model by offering a blockchain-based solution for banks. SWIFT is exploring stablecoins and interbank tokens as part of its blockchain pilot. SWIFT has selected Ethereum Layer 2 platform Linea to test blockchain-based transactions, signaling a challenge to Ripple. The pilot project involves major banks, including BNP Paribas and BNY Mellon. It aims to move SWIFTs messaging system on-chain, providing real-time monitoring and cost reductions. SWIFTs Blockchain Trial with Linea SWIFT, the world’s largest interbank messaging network, is conducting a blockchain trial on Linea. The platform, developed by ConsenSys, enhances Ethereums scalability and privacy. SWIFT aims to improve payment systems by combining payment instructions and settlement into one on-chain transaction. The trial targets operational efficiency, compliance, and confidentiality. It also promises to reduce payment costs. With SWIFT linking over 11, 000 financial institutions globally, this project could reshape cross-border transactions. All our information is available in our article Gregory Raymond (@gregory_raymond) September 26, 2025 SWIFT’s exploration of blockchain technology is a significant move. According to SWIFT executive Tom Zschach, banks will favor regulated stablecoins and tokenized deposits. This pilot offers a potential alternative to Ripple’s system, which has been gaining traction for cross-border payments. Ripple Faces New Competition from SWIFT Ripple, a long-time challenger to SWIFT, may face increased competition with this pilot. The blockchain network is known for its low fees and fast transaction times. SWIFTs move into blockchain could threaten Ripple’s position in the payments sector. Ripples model already uses tokenized messaging and settlement, reducing reliance on SWIFTs infrastructure. However, SWIFTs. Continue reading SWIFT Trials Blockchain Payments, Introducing Competition for Ripple