Cryptocurrency prices today: Bitcoin, Ether rise after sharp fall; other cryptos recover

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,…

Sensex, Nifty rise after 4-session losing streak; Omicron fears persist

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…

Petrol, Diesel prices today: Fuel rates remain unchanged on December 16| Check latest rates here

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…

Gold, Silver prices today: Precious metals record hike on MCX on December 16| Check latest rates here

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,…

Explained: What is an IPO lock-in period for anchor investors

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.…

Regulating crypto assets essential, banning may not work: Gita Gopinath

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…

Goa govt will probe sexual exploitation allegation against Milind Naik: CM Sawant

Goa Chief Minister Pramod Sawant has said the state government will conduct an investigation into the Congress’ allegation of BJP legislator Milind Naik being involved in a sexual exploitation case. Milind Naik, who was serving as Goa’s urban development minister, resigned from the state cabinet on…