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Maharashtra Considers Tokenizing State Assets to Finance Infrastructure Projects
Maharashtra, India’s most economically powerful state, is currently drafting a comprehensive policy that would allow it to convert a variety of public assets into digital tokens. This pioneering approach aims to unlock new sources of financing for a range of infrastructure projects, from expanding the electricity transmission grid to developing roads, railways, and urban utilities. By leveraging …
Sept. 11, 2026, 3:17 p.m.
Markets
Maharashtra Considers Tokenizing State Assets to Finance Infrastructure Projects
Maharashtra, India’s most populous and economically powerful state, is currently drafting a pioneering policy that would allow it to issue digital tokens backed by a variety of public assets. The initiative, which has been described by state officials as a “next‑generation financing mechanism,” aims to tap into the burgeoning market for blockchain‑based securities and to create a new source of ca…
Sept. 11, 2026, 3:17 p.m.
Markets
Maharashtra Looks to Tokenize State Assets to Finance Infrastructure Projects
Maharashtra, the most prosperous state in India, is embarking on an ambitious plan to harness blockchain technology for the purpose of raising capital for its next wave of infrastructure development. The state government has begun drafting a comprehensive policy that would allow it to create digital tokens that are directly linked to a variety of public assets, with the electricity transmission g…
Sept. 11, 2026, 3:17 p.m.
Markets
Maharashtra Plans to Tokenize State Assets to Finance Infrastructure Projects
Maharashtra, the Indian state that consistently ranks among the nation’s most prosperous regions, is embarking on an ambitious venture to modernise its financing mechanisms for large‑scale public works. The state’s administration has begun drafting a comprehensive policy that would allow it to issue digital tokens representing ownership stakes in a variety of publicly owned assets. By converting …
Sept. 11, 2026, 3:17 p.m.
Markets
India's wealthiest state considers tokenizing its assets to finance new infrastructure
Maharashtra, the most prosperous state in India by GDP, is embarking on an ambitious initiative to modernise the way it raises funds for public works. The state government has begun drafting a comprehensive policy that would allow it to convert a variety of public assets into digital tokens, a process commonly referred to as tokenisation. By issuing these tokens on a blockchain platform, the stat…
Sept. 11, 2026, 3:17 p.m.
Markets
Maharashtra Looks to Tokenize State Assets to Finance Infrastructure Projects
Maharashtra, the Indian state that consistently ranks at the top of wealth and industrial output, is embarking on an ambitious experiment that could reshape how public resources are financed. The state government has begun drafting a comprehensive policy that would allow it to convert a portion of its tangible and intangible assets into digital tokens – a process commonly referred to as tokenizat…
Sept. 11, 2026, 3:17 p.m.
Markets
Core CPI Increased by 0.3% in August, Outpacing Forecasts and Raising Prospects of a Fed Rate Hike
In August, the core Consumer Price Index (CPI) registered a month‑over‑month rise of 0.3%, a figure that surpassed most analysts’ expectations. This uptick, while modest in absolute terms, carries considerable weight for monetary‑policy discussions because it suggests that underlying price pressures remain resilient even as headline inflation shows signs of moderation. The core CPI, which exclude…
Sept. 11, 2026, 12:32 p.m.
Markets
August Core CPI Climbs 0.3% Faster Than Expected, Raising Prospects of a Fed Rate Increase
In August, the core component of the Consumer Price Index (CPI) rose by 0.3 percent, outpacing most analysts’ forecasts and reigniting speculation that the Federal Reserve could move to tighten monetary policy in the near future. This modest yet notable uptick in core inflation— which excludes the more volatile food and energy categories—has taken on heightened relevance after Federal Reserve Cha…
Sept. 11, 2026, 12:32 p.m.
Markets
August Core CPI Climbs 0.3% Faster Than Expected, Raising Prospects of a Fed Rate Increase
In August, the core component of the Consumer Price Index (CPI) – which excludes volatile food and energy prices – rose by 0.3 percent, outpacing economists' forecasts and adding fresh pressure on the Federal Reserve’s monetary‑policy agenda. This uptick, though modest in absolute terms, carries significant weight because it signals that underlying inflationary forces remain resilient even as hea…
Sept. 11, 2026, 12:32 p.m.
Markets
Core CPI Climbs 0.3% in August, Raising Prospects of a Federal Reserve Rate Increase
In August, the United States’ core consumer price index (CPI) – which excludes the volatile food and energy components – posted a month‑over‑month increase of 0.3 percent. This rise outpaced most analysts’ expectations, which had generally projected a more modest uptick of around 0.1 to 0.2 percent. The figure, released by the Bureau of Labor Statistics (BLS) on the first Thursday of September, h…
Sept. 11, 2026, 12:32 p.m.