The World Bank has revised India’s growth forecast for the fiscal year 2025-26 (FY26) to 6. 5%, up from its previous estimate of 6. 3% made in June.
Tag: infrastructure
World Bank raises India’s FY26 growth forecast to 6.5%
The World Bank has revised India’s growth forecast for the fiscal year 2025-26 (FY26) to 6. 5%, up from its previous estimate of 6. 3% made in June.
World Bank raises India’s FY26 growth forecast to 6.5%
The World Bank has revised India’s growth forecast for the fiscal year 2025-26 (FY26) to 6. 5%, up from its previous estimate of 6. 3% made in June.
ChatGPT now has over 800M weekly active users
OpenAI CEO Sam Altman has announced that ChatGPT has crossed the milestone of 800 million weekly active users.
European astronauts may live, work on India’s space station
Josef Aschbacher, Director General at the European Space Agency (ESA), has confirmed that European astronauts could soon be living and working aboard India’s ambitious new space station project, the Bharatiya Antariksh Station (BAS).
Ukraine Battles To Restore Power As Russian Strikes Batter Grid Sites
Ukrainian emergency crews were battling to restore power to northern parts of the country as Russian forces continued to attack crucial infrastructure with drone and rocket attacks, while Ukraine’s strategic Pokrovsk region remained under pressure.
FG Nexus’s stock rises as it moves to tokenize its shares on Ethereum
The post FG Nexus’s stock rises as it moves to tokenize its shares com. FG Nexus Inc. (NASDAQ: FGNX) saw its stock rise 2. 02% to $6. 05 today after announcing an agreement with Securitize to tokenize its public shares natively on the Ethereum blockchain. The stock rise occurred as the company expands its Ethereum-focused treasury, which now holds 50, 768 ETH, valued at approximately $226. 1 million. According to Nasdaq statistics, FG Nexus Inc. rose to $6. 08, reaching a market capitalization of $251. 1 million. Perpetual preferred stock of NASDAQ: FGNXP is valued at $17. 4 million, with an Enterprise Value of $268. 5 million. The companys ETH per share, based on its 50, 770 ETH holdings, is approximately 0. 0012 ETH, and its measured NAV multiple (mNAV) is 1. 19. FG Nexus disclosed that its average ETH purchase price stands at about $4,453 as of October 2. The firm secured approximately $200 million through a private placement on July 30, 2025. Company officials noted that the dual strategy of expanding its ETH treasury and tokenizing public shares showed FG Nexuss long-term commitment to blockchain. FG Nexus partners with Securitize to drive on-chain equity innovation Weve partnered with FG Nexus to natively tokenize its public shares on @Ethereum. @FGNexusio will be the first NASDAQ-listed company to bring dividend-paying preferred equity GNXP fully onchain. pic. twitter. com/6rgPFUdyuH Securitize (@Securitize) October 2, 2025 FG Nexus Inc. reported on October 2 that tokenization would allow investors to convert traditional shares into digital tokens. The company claimed that the tokenization will facilitate on-chain transactions with automated compliance and real-time settlement. According to FG Nexus Inc., Securitize will supply the projects regulated infrastructure by utilizing its licenses as a transfer agent, broker-dealer, and operator of an Alternative Trading System (ATS) registered with the SEC. FG Nexus certified that the framework will ensure the tokenized equity retains the same legal protections as traditional stock. The tokenization of FG Nexus shares.