Business
Business 

Bitcoin's Latest 'Halving' Has Arrived; Here's What You Need To Know

Bitcoin's Latest 'Halving' Has Arrived; Here's What You Need To Know New York:  The "miners" who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world's largest cryptocurrency, again. Bitcoin's latest "halving" occurred Friday night. Soon after the highly anticipated Now,...
Read More...
India  Business  Big News 

Role Played By India During G-20 Presidency Appreciated At IMF And WB Meeting: Seth

Role Played By India During G-20 Presidency Appreciated At IMF And WB Meeting: Seth Washington:  During the annual Spring meetings of the IMF and the World Bank there was a widespread appreciation of the role played by India during its G-20 presidency in building consensus on a range of key global issues, a The...
Read More...
Business  Big News 

Bitcoin's Latest 'Halving' Has Arrived; Here's What You Need To Know

Bitcoin's Latest 'Halving' Has Arrived; Here's What You Need To Know New York:  The "miners" who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world's largest cryptocurrency, again. Bitcoin's latest "halving" occurred Friday night. Soon after the highly anticipated Now,...
Read More...
Business 

Escalating Middle East Tensions Trigger Projected Surge In War Risk Premiums And Freight Rates

Escalating Middle East Tensions Trigger Projected Surge In War Risk Premiums And Freight Rates Kolkata: In a significant escalation of tensions in the Middle East, Iran's capture of the MSC Aries, a container ship linked to Israel, has reverberated throughout the maritime industry. This development, occurring before the missile attacks on April 13, 2024,...
Read More...
Business 

Iran-Israel Conflict Impacts Indian Stock Market, Pushes Up Oil And Gold Prices

Iran-Israel Conflict Impacts Indian Stock Market, Pushes Up Oil And Gold Prices Kolkata: The escalation in geopolitical tension between Iran and Israel has impacted the Indian stock markets, gold and crude prices and is also likely to impact basmati and tea exports from India to Iran. Indian equity benchmarks experienced a sharp...
Read More...
Business 

Ola Electric Cuts Prices Of Entry-Level E-Scooter By Up To Rs 10,000

Ola Electric Cuts Prices Of Entry-Level E-Scooter By Up To Rs 10,000 New Delhi: Ola Electric on Monday slashed prices of its entry-level scooter S1 X by Rs 5,000 to Rs 10,000 across variants, bringing it at par with conventional scooters. The new S1 X was launched in February this year with...
Read More...
Business 

Market Valuation Of 7 Most Valued Firms Climb Rs 59,404 Cr; Bharti Airtel, ICICI Bank Lead Gainers

Market Valuation Of 7 Most Valued Firms Climb Rs 59,404 Cr; Bharti Airtel, ICICI Bank Lead Gainers New Delhi: The combined market valuation of seven of the ten most valued firms climbed Rs 59,404.85 crore in a holiday-shortened last week, with Bharti Airtel and ICICI Bank emerging as the biggest gainers. Stock markets were closed on Thursday...
Read More...
Business 

Telecom Department To Seek Trai's View On Satcom Spectrum Allocation, Licensing Process

Telecom Department To Seek Trai's View On Satcom Spectrum Allocation, Licensing Process New Delhi:  The Department of Telecommunications (DoT) is expected to approach Trai this month to seek the regulator's views on method and pricing for allocation of spectrum and scope of licences to be issued for satcom services, according to The...
Read More...
Business 

FPIs Infuse Over Rs 13,300 Crore In Equities In April So Far Amidst Bullish Economic Outlook

FPIs Infuse Over Rs 13,300 Crore In Equities In April So Far Amidst Bullish Economic Outlook New Delhi: Foreign investors have infused over Rs 13,300 crore in Indian equities in the first two weeks of the month owing to a resilient domestic economy with promising growth prospects. Going ahead, concerns over changes in India-Mauritius tax treaty...
Read More...
Business 

Retail Inflation Decreased To 4.85 % In March

Retail Inflation Decreased To 4.85 % In March New Delhi: The retail inflation in March eased further and declined to a 5-month low at 4.85 per cent, according to the government data released on Friday. The inflation in the food basket also decreased marginally to 8.52 per cent...
Read More...
India  Business 

Infosys Foundation Grants Rs 33 Cr To K'taka Police To Fight Cybercrimes

Infosys Foundation Grants Rs 33 Cr To K'taka Police To Fight Cybercrimes New Delhi: Infosys Foundation, the CSR arm of Infosys, on Wednesday said it has committed a grant of Rs 33 crore to strengthen the cybercrime investigation capabilities of the Karnataka police. The foundation has signed a Memorandum of Understanding (MoU)...
Read More...
Business  Big News 

Indians Founded 109 Unicorn Startups Outside Country; Only 67 In India: Report

Indians Founded 109 Unicorn Startups Outside Country; Only 67 In India: Report Indians have founded more offshore unicorns than any other country, co-founding 109 unicorns outside of India compared with 67 in India, according to the Global Unicorn Index 2024, a ranking of the world's start-ups founded in the 2000s. Unicorns are...
Read More...