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RBI Asks Banks Not to Refer to Its 2018 Circular on Cryptocurrencies

RBI on Monday asked banks, NBFCs, and payment system providers not to refer to its earlier virtual currencies-related circular, that was issued in April 2018 and later aside by the Supreme Court, in...

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US Has Agreed To Send More Bombs, Warplanes To Israel: Report

The US in recent days authorized the transfer of billions of dollars worth of bombs and fighter jets to Israel, two sources familiar with the effort said on Friday, even as Washington publicly expresses concerns about an anticipated Israeli military offensive in Rafah. The new arms packages include more than 1,800 MK84 2,000-pound bombs and 500 MK82 500-pound bombs, said the sources, who confirmed a report in the Washington Post. Washington gives $3.8 billion in annual military assistance to Israel, its longtime ally. The package comes as Israel faces strong international criticism over its continued bombing campaign and ground offensive in Gaza and as some members of President Joe Biden's party call for him to cut US military aid. The United States has been rushing air defenses and munitions to Israel, but some Democrats and Arab American groups have criticized the Biden administration's steadfast support of Israel, which they say provides it with a sense of impunity. Bid...