The BSE Sensex and the NSE Nifty started the week with a bloodbath as they suffered steep losses on Monday. Weakness was observed across sectors as the markets mirrored a global sell-off amid worries regarding the inflation in the US and the US Fed’s policy. A lockdown was reimposed in Shanghai due to a surge [...]
Assets Bigger than Cryptocurrency: It has become a game-changer for people in the crypto world, investing money and disrupting everything they knew about finance. It is not at all that the future of crypto depends on bitcoin. Bitcoin is leading crypto; it is much more than blockchain technology. If you are into cryptocurrency trading, you [...]
When Investing Bitcoin: Digital money is a controversial polarising theme in online entertainment as well as beyond it. While a few groups support cryptographic money as the conceivable future cash, more individuals go against this thought. The ones who go against this thought have their key motivations to be against the digital currency. For instance, [...]
Cryptocurrency Trading Pairs: Buying pairs of cryptocurrencies operates like a barter method of securities. They're electronic assetsthat are traded in exchange for one another. Simply because some cryptocurrencies can't bepurchased along with other cryptocurrencies, trading pairs are helpful. Furthermore, studyingcrypto trading pairs will enable you to broaden your horizons outside of the crypto markets you'reacquainted [...]
Top Cryptocurrency Newsletters: with increasing numbers of individuals getting into different currencies every day, the cryptocurrency world has turned out to be rather amazing. The great thing regarding this area is the fact that there's a thing for everybody. The traders can take part in trading crypto, along with people that are excited about the [...]
New Delhi, Jun 19 (PTI) The Finance Ministry has asked government employees to opt for 'cheapest fare available' on their entitled travel class and book air tickets at least three weeks prior to their date of travel for tours and LTC, as it looks to cut down on unnecessary expenditure. The Ministry further said that [...]
Nazara Technologies, a Rakesh Jhunjhunwala portfolio stock, has fixed 27th June 2022 as the record date for the proposed issue of bonus shares. Earlier, on 13th May, its board of directors had considered and approved the recommendation for a bonus issue of one equity share for every one share held. “It is hereby informed that [...]
Selling diesel at Rs 20-25 a litre below cost and petrol at Rs 14-18 per litre below cost, as a result of a price freeze despite soaring crude rates is unsustainable, an industry body representing private fuel retailers like Jio-bp and Nayara Energy has told the Oil Ministry and has sought its intervention to create [...]
The equity markets focus is expected to shift to global trends in the absence of any major domestic event scheduled this week, while investors are likely to continue to keep a tab on foreign fund movement and crude oil prices, analysts said. Progress of monsoon would also be monitored, they added. "Relentless selling by FIIs [...]
Indian markets face worsening economic conditions with the Feds and RBI’s interest rate hikes. The US Federal Reserve increased its interest rates by 75 basis points on Wednesday. In the last week, RBI Governor announced the hike of interest rates by 50 bps. Fitch ratings stated that Reserve Bank would likely raise interest rates to [...]
FMCG firm Adani Wilmar on Saturday slashed the prices of its edible oils by Rs 10 following the government's move to reduce import duties on the commodity. Adani Wilmar has reduced the maximum retail price (MRP) of Fortune refined Sunflower oil's 1-litre pack to Rs 210 from Rs 220, the company said in a statement. [...]
Telecom minister Ashwini Vaishnaw on Saturday said 5G deployment will commence in 20-25 cities and towns by the year-end, and indicated that India, with its current data prices significantly lower than global average, will continue to set rate benchmarks as new services are rolled out. The 5G deployment will start from August-September, Vaishnaw said. The [...]
Rajnish Wellness Ltd is a BSE-listed stock that has given multi-bagger returns to its shareholders in the past year. The shares of the company are trading at ₹197.25 as of IST: 14:06, Friday. The stock has surged from ₹4.92 per share to ₹197.60 per share giving a multi-bagger return of 3,913.21% in the last year. [...]
Cost of Cryptocurrency: Cryptocurrencies are all the rage right now. Everyone is talking about Bitcoin, Ethereum, and Litecoin. But what exactly is a cryptocurrency? And more importantly, what is the marginal cost of cryptocurrency? In this blog post, we will discuss the definition of cryptocurrencies and the marginal cost of the cryptocurrency. We will also [...]
Infrastructure finance firm PTC India Financial Services (PFS) has signed an agreement with the Global Green Growth Institute for setting up a renewable energy-focused infrastructure debt fund. Under the pact, GGGI (Global Green Growth Institute) will provide technical support to PFS for the development and establishment of Renewable energy focused Infrastructure Debt Fund (RIDF). Discussions [...]
Analysts around the world are forecasting a recession following the Fed’s steepest interest rate hike in the last 3 decades. This coupled with signals of weak consumer spending and anticipation of future rate hikes may not bode well for the economy as the Federal Reserve is aggressive toward taming inflation. There are some positive points [...]
Deltatech Gaming Ltd, a digitally native, technology-led gaming platform, has filed preliminary papers with the markets regulator Sebi to raise Rs 550 crore through an Initial Public Offering (IPO). The IPO comprises fresh issue of equity shares worth up to Rs 300 crore and an offer-for-sale (OFS) of Rs 250 crore by promoter -- Delta [...]
State-owned CIL is looking at green mining options by leveraging a slew of eco-friendly technologies in both underground and opencast mines, a move that would help in augmenting the production and reduce the adverse impact on environment. With land turning out to be a major pain point for expansion of coal mining operations, these technologies [...]
Integrated logistics player Delhivery on Friday said it has launched "guaranteed same-day delivery" service in 15 key cities in the country to help direct to-consumer (D2C) brands deliver their orders the same day. Under the new service, orders received as late as 3 pm will be delivered on the same day, Delhivery said in a [...]
Domestic benchmark indices are trading lower on Friday after they witnessed heavy drubbing on Thursday. The 30-share index is trading at 51251 levels, 0.47% lower than the previous day, while the 50-share index is trading at 15281 levels, down 0.52%. Overall, the indices are trading 6% lower than their levels a month ago. Analysts have [...]
