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Stablecoins not stable, have 'no role' as money; warns top banker [details]

As cryptocurrencies get hammered in the economic meltdown, stablecoins -- whose value is pegged to another asset like a fiat currency or a commodity -- are also bad investments and are ill-suited as a form of money, Siddharth Tiwari, the Asia-Pacific head of the Bank of International Settlements (BIS), has said.
Jammu And Kashmir Edgar Su Siddharth Tiwari International Settlements Two Pak South China Morning Post

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Maharashtra political crisis: SC takes note of pleas, issues notice against the disqualification of rebel MLAs; security at Guwahati hotel tightened [key developments]

Reportedly, the rebel MLAs are likely to extend their stay at the luxury hotel in Guwahati. The security around the property has been tightened even as several senior government and police officials were seen entering and exiting the hotel frequently
Uttar Pradesh Jammu And Kashmir Narhari Zirwal Eknath Shinde Uddhav Thackeray Sena Mlas

BJP bags 3 seats in Tripura bypolls, CM Manik Saha wins from Town Bordowali

The ruling BJP won three seats including that of Chief Minister Manik Saha who has been elected to the state assembly for the first time from Town Bordowali while the opposition Congress won one seat in Tripura, where the bypolls were held on June 23 in the four politically-crucial Assembly constituencies.
Jammu And Kashmir Malina Debnath Baburam Satnami Swapna Das Paul Asish Kumar Saha Rajya Sabha

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