Japanese Prime Minister Fumio Kishida is set to announce a plan to invest 5 trillion yen ($42 billion) in India over the next five years during his maiden diplomatic visit to the country since assuming office. Kishida is likely to announce the public-private funding plan during the 14th India-Japan Annual…
It is no secret that the cryptocurrency market is flooded with newbies that are flocking en masse to make some money off it. They invest in all sorts of crypto-coins and Initial Coin Offerings (ICOs), making the market accessible to all and in extension, become truly peer-to-peer. Anybody with an internet connection,…
Indian shares posted their second weekly loss on Friday, struggling to break past recent peaks as investors assessed a host of developments, including a cabinet reshuffle and results from software services giant Tata Consultancy Services. Weighed down by heavyweight financial stocks, the blue-chip NSE Nifty 50 index…
Rivian is one of the hottest EV startups doing the rounds. It has deep pockets thanks to investments from Ford, Amazon and many venture capital firms. Amazon’s investment in Rivian originally was $700 million which entailed the startup producing 100,000 electric delivery trucks. It was supposed to be delivering…
Financial advisers are not too keen on cryptocurrencies and meme stocks as they find the assets plagued by high volatility and under the radar of regulators. HIGHLIGHTS Independent financial advisers in the UK have shunned cryptocurrencies and meme stocks in a poll. The high volatility and impending regulations make…
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…