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Facebook's digital coin Libra 'delusional': US lawmakers

Wednesday, July 17, 2019, 9:42 PM

The US lawmakers attacked Facebook's upcoming digital cryptocurrency Libra at a Senate hearing here, calling it "delusional" and "dangerous" and directing the social networking giant to clean up its house first before launching a new business model. David Marcus, Head of Facebook subsidiary Calibra, was grilled at the Senate Banking Committee on Tuesday, reports Tech Crunch.
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Akhilesh Yadav, Mayawati feel CBI heat ahead of UP bypolls

Wednesday, July 17, 2019, 9:37 PM

Bahujan Samaj Party President Mayawati and Samajwadi Party chief Akhilesh Yadav's resolve to regain a foothold in state politics by winning a sizeable number of seats in the upcoming by-elections to 12 Assembly seats in Uttar Pradesh may not actually work according to plans. CBI sources claim that in all the cases, summons will soon be issued to both the leaders for questioning.
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Share market update: OMCs trade in the red; GAIL falls over 2%

Wednesday, July 17, 2019, 9:35 PM

OMCs were trading in the red in Wednesday's session with their sectoral index on BSE trading lower. Shares of GAIL(India) (down 2.24%), Oil And Natural Gas Corporation(down 0.79%), Bharat Petroleum Corporation(down 0.75%) and Indraprastha Gas(down 0.53%) were the worst performers in the index. Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

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