NewsFeed
Netanyahu floats Crypto to bypass sanctions
Israeli Prime Minister Benjamin Netanyahu has suggested using cryptocurrencies and blockchain technology to help Israel operate under potential international sanctions.
Published On 24 Oct 2026
Israeli Prime Minister Benjamin Netanyahu has floated the idea of using cryptocurrencies and blockchain technology to help Israel operate under potential international sanctions. Netanyahu has expressed interest in exploring the use of cryptocurrencies as a means to bypass sanctions and maintain financial operations. This innovative approach aims to provide Israel with a flexible and secure financial framework that can withstand international scrutiny.
NewsFeed
Netanyahu floats Crypto to bypass sanctions
Israeli Prime Minister Benjamin Netanyahu has suggested using cryptocurrencies and blockchain technology to help Israel operate under potential international sanctions.
Published On 24 Oct 2026
Kotak Bank reported a 26% increase in its Q2FY27 profit, driven by a 29% rise in standalone PAT to Rs 4,212 crore from Rs 3,253 crore in Q2FY26. The bank's net interest income (NII) for the quarter grew 16% YoY to Rs 8,459 crore from Rs 7,311 crore in Q2FY26. The bank's consolidated customer assets, including advances and credit substitutes, increased 21% YoY to Rs 6,99,250 crore from Rs 5,76,339 crore a year earlier.
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Lulu Group, a multinational conglomerate, has suffered a significant financial loss of Rs 1.64 crore due to an email fraud orchestrated by an unidentified individual. The fraud occurred between September 2 and 29 this year and was carried out using email addresses resembling those of an Italian company, IE Park SRL, with an established business relationship. Lulu Group transferred 150,500 euros, equivalent to approximately Rs 1.64 crore, to the bank accounts mentioned in the fraudulent emails. The case has been re…