Policy
Glenmark Pharma Q1 profit jumps over 10-fold as India, North America businesses power growth
Pharma major Glenmark Pharmaceuticals Ltd on Friday (July 31) reported a 930% year-on-year increase in consolidated net profit to ₹483 crore for the first quarter, compared with ₹47 crore in the corresponding quarter last year. The company's revenue rose 23% year-on-year to ₹4,018 crore, compared with ₹3,264 crore a year earlier. At the operating level
Crypto Hack : COLDCARD Wallet Flaw Linked to $38 Million BTC Theft
Coinkite has disclosed a critical entropy-generation flaw affecting certain COLDCARD Mk2 and Mk3 firmware versions that may have weakened the security of wallet recovery seeds. According to PeckShield, the vulnerability has been linked to the theft of about $38 million in Bitcoin. Users who generated seeds using affected firmware are advised to update to the
Could STX See a Resurgence Through Institutional Bitcoin Capital?
Stacks (STX) powering Bitcoin-native Finance targets idle Bitcoin, an op portunity that remains one of the largest untapped pools of capital in crypto. According to Binance Research, less than 1% of total BTC supply is currently used productively across DeFi, against staking ratios above 30% for Ethereum and 60% for Solana. Whoever converts even a
Why Whoop’s policy change has fans fuming
Nina Raemont/ZDNET Another busy week of product and feature launches is upon us, with Oura releasing two new features all-in on metabolic health and Whoop releasing its first fitness band upgrade in four years (to the chagrin of loyal Whoop users). There have been patent disputes aplenty and lots to discuss about the past week.
The obscure policy that financed many of the last decade’s riskiest energy investments is back
Last week, Missouri governor Mike Kehoe signed into law a bill that packaged together dozens of reforms to utility regulations. Among them was a provision called “construction work in progress,” or CWIP, which allows power companies to bill their customers for the costs of building power plants during their construction phase, rather than after they
Manufacturers call for bold policy changes as sector faces threats from U.S. tariffs
A business group representing manufacturers is calling for less regulation and lower taxes as part of its policy recommendations to support a sector under threat from U.S. tariffs. Canadian Manufacturers and Exporters says whoever wins the federal election has to act decisively to reposition Canada’s economy for growth...
Proposed Policy Seeks to Force State Officials to Rely on Public Health Facilities
Nominated MP Sabina Chege has proposed a policy requiring civil servants, state officials, and public officers to seek treatment exclusively in public health facilities. On Wednesday, she tabled a notice of motion in Parliament advocating for the implementation of this directive as part of the broader Universal Health Coverage (UHC) initiative. “I would like to
Trump’s Policy Pivot Kills $8 Billion Of Clean Energy Plans
Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. Getty Images P resident Trump has played up his plans to boost U.S. energy production, though so far his priority is doing that with fossil fuels instead of renewable power. And his efforts
Updated AAP Policy: Disclose Pediatric Errors Without Fear
Pediatricians must disclose adverse events and medical errors to children and their families, according to an updated policy statement from the American Academy of Pediatrics. The new statement expands upon a 2016 version that said health systems need to create a work culture in which clinicians feel they can report incidents to their employers —
Bitcoin Policy Institute Drafts Executive Order to Establish Strategic Bitcoin Reserve
In a latest development, the Bitcoin Policy Institute has drafted an executive order to establish a Strategic Bitcoin Reserve under the U.S. Treasury’s Exchange Stabilization Fund. If enacted, this would cement the U.S. as a leader in digital assets, driving capital inflow, technological adoption, and reinforcing Bitcoin’s role as digital gold. The draft underscored that
Minimum wage policy needs fine-tuning to improve lives of low-income earners
KUALA LUMPUR: The government must further adjust and fine-tune the minimum wage policy to effectively improve the lives of low-income earners, said Prof. Dr. Barjoyai Bardai, an economist at Universiti Sains dan Teknologi Malaysia. He noted that to balance workers’ needs with business requirements and broader economic considerations, certain areas need improvement, such as a
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Glenmark
Glenmark Pharma Q1 profit jumps over 10-fold as India, North America businesses power growth
Pharma major Glenmark Pharmaceuticals Ltd on Friday (July 31) reported a 930% year-on-year increase in consolidated net profit to ₹483 crore for the first quarter, compared with ₹47 crore in the corresponding quarter last year. The company's revenue rose 23% year-on-year to ₹4,018 crore, compared with ₹3,264 crore a year earlier. At the operating level
COLDCARD
Crypto Hack : COLDCARD Wallet Flaw Linked to $38 Million BTC Theft
Coinkite has disclosed a critical entropy-generation flaw affecting certain COLDCARD Mk2 and Mk3 firmware versions that may have weakened the security of wallet recovery seeds. According to PeckShield, the vulnerability has been linked to the theft of about $38 million in Bitcoin. Users who generated seeds using affected firmware are advised to update to the
Could
Could STX See a Resurgence Through Institutional Bitcoin Capital?
Stacks (STX) powering Bitcoin-native Finance targets idle Bitcoin, an op portunity that remains one of the largest untapped pools of capital in crypto. According to Binance Research, less than 1% of total BTC supply is currently used productively across DeFi, against staking ratios above 30% for Ethereum and 60% for Solana. Whoever converts even a
Creditors
FTX Repayments: Creditors to Receive Another $900 Million
FTX will begin distributing another $900 million to creditors starting tomorrow, bringing total repayments since the exchange’s 2022 collapse to nearly $10 billion. Many creditors are expected to recover more than 100% of their original claim value based on the bankruptcy filing date, while some smaller accounts could receive up to 120%. The latest payout
Hyperliquid
Hyperliquid News: HYPE Whales Unstake Millions as Protocol Revenue Tops $1.21 Billion
Hyperliquid is drawing attention after large HYPE holders unstaked millions of tokens, including one wallet that withdrew 1.02 million HYPE and another that transferred 1.89 million HYPE worth about $105.9 million to institutional brokers, a move often associated with over-the-counter sales. Despite the whale activity, the protocol generated $1.18 million in daily fees and burned