‘India offers what innovators and investors need’: PM Modi at VivaTech Summit

Prime Minister Narendra Modi on Wednesday invited the world to invest in India based on the five pillars of – talent, market, capital, eco-system and culture of openness. Stating that India’s strides in the world of tech and start-up are well-known, he said the country is home to one of the world’s…

Cryptocurrency Prices on June 15: Bitcoin surges 4%, reaches highest level since May; altcoins follow

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…

India’s retail inflation spikes to 6.30% in May: Govt data

India CPI Inflation Rate May 2021: India’s retail inflation surged to 6.30 per cent in the month of May, over and above the Reserve Bank of India’s (RBI) threshold of 6 per cent, data released by the Ministry of Statistics & Programme Implementation (MoSPI) showed Monday. The retail inflation,…

Why so much volatility? Cryptocurrency’s weird relationship with weekends explained

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.…

Sensex rallies 359 pts to end at 52,300, Nifty closes at 15,738; Bajaj Finance surges 8%

Sensex and Nifty registered sharp gains led by broad-based buying across sectors on Thursday. At close, the Sensex was up 358.83 points or 0.69% at 52,300.47, and the Nifty was up 102.40 points or 0.65% at 15,737.80. About 2254 shares have advanced, 699 shares declined, and 116 shares are unchanged. Bajaj Finance,…