Cryptocurrency prices have recovered over the past 24 hours after remaining weak for the past three days. Most cryptocurrencies, including Bitcoin and Ether, bounced off from their crucial support levels and moved higher due to a slight change in investor sentiment. Bitcoin, the world’s most popular cryptocurrency,…
Indian shares rose on Thursday, in line with global markets, as the U.S. Federal Reserve’s decision to end its bond-buying programme in March signalled confidence in an economic recovery from pandemic-induced shock. The NSE Nifty 50 index was up 0.27% at 17,264 by 10:11 am, while the benchmark S&P BSE Sensex…
State-run oil marketing companies have kept the prices of petrol and diesel unchanged across the country on Thursday, December 16, 2021. Fuel rates have been stable in the domestic market for nearly two months now. It may be noted that the prices of petrol and diesel were last revised on November 3, when the Centre…
On December 16, 2021, gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX). Witnessing a hike of Rs 285 or 0.59 per cent, gold futures, maturing on February 4, 2022, are trading at Rs 48,296 per 10 grams on the MCX. Meanwhile, recording a hike of Rs 1182 or 1.96 per cent, silver futures,…
India is heading towards a record year in terms of the money companies have raised from initial public offerings (IPO), aided by favourable market conditions and optimism among investors. The IPO rush witnessed this year has not only seen higher involvement from retail investors, but also institutional investors.…
Emerging countries may benefit from regulating crypto assets rather than imposing a complete ban, according to International Monetary Fund (IMF) chief economist Gita Gopinath. The 50-year-old leading economist, who will soon take charge as the first deputy managing director of the IMF, also expressed the urgent need…
Banking frauds in India are so frequent and rampant that they no longer surprise most people. For example, take the last financial year, 2020-21, during which more than 83,000 banking frauds took place that syphoned off Rs 1.38 lakh crore. The recoveries during the same period amount to a little over Rs 1,000 crore,…
Indian shares inched lower on Wednesday as investors turned their focus to the US Federal Reserve for signs on the pace of tapering, while recent debutant Paytm plunged after a lock-in period for institutional investors expired. The NSE Nifty 50 index was down 0.18 per cent at 17,293.9 by 0350 GMT, while the benchmark…
The prices of petrol and diesel remained static across the country on Wednesday, December 15, 2021, as fuel rates have been left untouched by the state-run oil marketing companies (OMCs) for over a month now. Notably, fuel rates have maintained stability in the domestic market amidst fluctuating crude oil prices in the…
On December 15, 2021, gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX). Witnessing a dip of Rs 47 or 0.10 per cent, gold futures, maturing on February 4, 2022, are trading at Rs 48,039 per 10 grams on the MCX. Meanwhile, recording a marginal downfall of Rs 69 or 0.11 per cent, silver…