Cryptocurrency market was trading in green on Tuesday after a string of good news helped Bitcoin test $40k. The world’s largest cryptocurrency surged over 25 percent in the last seven days, and touched the $40k level twice during this period. The latest surge came after Elon Musk said Tesla would allow bitcoin…
SBI Cards and Payment Services has raised ₹ 500 crore through the issue of bonds on a private placement basis. “The board of directors has approved the allotment of 5,000 fixed rate, unsecured, rated, taxable, redeemable and senior non-convertible debentures aggregating to ₹ 500 crore…
Price volatility is one of the major reasons why cryptocurrencies are criticised across the world. Late in May, HSBC, Europe’s biggest investment bank, said it has no plans to offer digital coins as an investment as they are “too volatile“. Nothing unites cryptocurrency opponents like its volatility.…
Cryptocurrency trading platform WazirX has said that it is yet to receive the Enforcement Directorate’s show-cause notice which alleges FEMA violations. In a statement released just a while back, WazirX has also said that it is in compliance with all applicable laws. “We go beyond our legal obligations by…
The blue-chip NSE Nifty 50 index rose 0.39% to 15,799.35 and the benchmark S&P BSE Sensex closed 0.33% higher at 52,474.76. Indian shares ended at a record high on Friday, gaining for a fourth consecutive week as more states eased pandemic restrictions, with investors seeming confident that high U.S. inflation…
The Indian market is likely to open higher on Monday following gains in global markets. At 7:10 am, the SGX Nifty was trading 68.00 points or 0.43 percent higher at 15,777.00, indicating a positive start for the broader index in India. Maruti Suzuki | The company’s total production in May 2021 jumped to 40,924…
The Indian market may start Monday’s trading session at a fresh record high as the trend on SGX Nifty indicates a gap-up opening for the broader index in India. The Nifty futures were trading 26.00 points or 0.17 percent higher at the 15,735.00 level on the Singaporean Exchange at 7:45 am. 1. Wall Street | US…
Shares of AMC Entertainment and GameStop gained on Friday, on track for a strong end to a spectacular week, which has already seen the movie theater chain’s market value double as retail traders stormed back into meme stocks. AMC’s shares were up 17.3% to $31.11 in U.S. premarket trading on Friday, while…