2 May 2026 – News Deck

Industrialist And Dollar Industries Limited Founder & Chairman Emeritus Shri Dindayal Gupta Passes Away

2 May 20262 May 2026 Vijay Raman

Renowned Industrialist and Founder & Chairman Emeritus of hosiery major, Dollar Industries Limited Shri Dindayal Gupta left for his heavenly abode today in Kolkata from age related ailments. His demise marks the end of an era for the company and the Indian hosiery and apparel industries at large. A visionary leader and a guiding force behind the company’s remarkable journey, Shri Dindayal Gupta steered Dollar Industries Limited for over five decades with unwavering commitment, foresight and integrity. Under his leadership, the company evolved from modest beginnings into one of India’s…

Industrialist And Dollar Industries Limited Founder & Chairman Emeritus Shri Dindayal Gupta Passes Away

2 May 20262 May 2026 Vijay Raman

More Than a Marketplace: Crypto Platforms as Financial Intermediaries

2 May 20262 May 2026 Vijay Raman

Crypto asset service providers (CASPs) have long served as the backbone of the virtual digital asset ecosystem. They operate as marketplaces where users buy, sell, and trade crypto assets. But a recent paper by the Bank for International Settlements (BIS) argues that the world's largest CASPs have evolved well beyond that role. Today, the BIS finds, these platforms perform functions that closely resemble those of traditional financial intermediaries like banks and credit institutions. The BIS refers to such platforms as multifunction cryptoasset intermediaries, or MCIs. It also argues that understanding…