follow us:
In 2010, Bitcoin was worth just Rs 3.38 per coin, allowing an investment of Rs 1,000 to buy 295.85 BTC. By 2024, with Bitcoin priced at Rs 82.76 lakh per coin, this investment would now be worth Rs 2,447 crore. While the rewards are staggering, Bitcoin’s volatility and regulatory uncertainties highlight the risks involved in […]
The $265 million bribery charges against Gautam Adani in the U.S. highlight concerns regarding the extraterritorial application of American laws, as neither Adani nor the accused are U.S. residents. Attorney Ravi Batra emphasized that while U.S. laws typically do not extend beyond its borders, exceptions exist if conduct is tied to the U.S.
Post-pandemic, OTT platforms like Amazon Prime and Netflix are focusing more on Indian and regional films, but shifting towards pay-per-view deals rather than traditional purchases. While this reduces risk for the platforms, producers face potential losses if films underperform. Digital giants are selectively investing in big-star projects, leaving producers to navigate an increasingly cautious...
India’s benchmark indices soared on Monday, with the BSE Sensex gaining 1,961 points (2.54%) to reach 80,109.85, and the NSE Nifty50 climbing 314 points (1.32%) to 24,221.90. The rally was fueled by the BJP’s victory in Maharashtra and positive global cues. Most sectors closed higher, with the Nifty PSU Bank index leading gains. ONGC, BEL, […]
Adani Group has reported robust financial results for H1 FY25, with a 17% YoY increase in EBITDA to USD 10 billion and a 30% annual growth in funds from operations. The group’s asset base surged by USD 9 billion to USD 60 billion, while gross debt increased by only USD 2 billion. Liquidity remains strong, […]
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹1009, ★ Mumbai – ₹919, ★ Delhi – ₹919, ★ Kolkata – ₹919, ★ Bangalore – ₹919, ★ Hyderabad – ₹1009, ★ Kerala – ₹1009, ★ Pune – ₹919, ★ Vadodara – ₹919, ★ Ahmedabad – ₹919, ★ Jaipur […]
The Sensex and Nifty opened at fresh record levels in early trade today, November 25, 2024. The Sensex started trading today at 80292.19, up 1,175.08 points or 1.49%, and the Nifty was at 24269.60, up 362.35 points or 1.52%. Meanwhile, the Indian rupee was trading today at 84.37 against the dollar.
Zero-balance accounts offer several advantages, such as no minimum balance requirements, making them accessible for those with limited funds. They often come with basic banking features and lower fees. There are drawbacks, including limited access to services and fewer interest-earning options compared to regular accounts. It may impose charges for transactions beyond a certain limit.
NITI Aayog’s “Vikasit Bharat 2047” initiative aims to elevate India’s economy by focusing on the development of 20 select cities. Visakhapatnam, one of the pilot cities, is set to benefit from a detailed economic plan. NITI Aayog has identified 11 key growth indicators for these cities, including Mumbai, Varanasi, Surat, and Visakhapatnam, with the goal […]
Patanjali Ayurved reported a 23% increase in FY24 revenue, reaching Rs 9,335.32 crore, boosted by a significant rise in other income, including an Offer for Sale (OFS) of Patanjali Foods. Despite a 14% drop in core sales due to the transfer of its food business, the company saw a five-fold jump in profit to Rs […]
India’s Unified Payments Interface (UPI) reached a milestone of 16.6 billion transactions in October, showcasing its rapid growth, according to a Reserve Bank of India (RBI) report. UPI’s capabilities, including an 86% success rate for instant debit reversals, highlight its role in enabling seamless, cross-bank, peer-to-peer, and person-to-merchant transactions.
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹1010, ★ Mumbai – ₹920, ★ Delhi – ₹920, ★ Kolkata – ₹920, ★ Bangalore – ₹920, ★ Hyderabad – ₹1010, ★ Kerala – ₹1010, ★ Pune – ₹920, ★ Vadodara – ₹920, ★ Ahmedabad – ₹920, ★ Jaipur […]
Here are the prices of CNG cylinders per kg today in the top cities in India. ★New Delhi: ₹75.09, ★Rewari: ₹79.10, ★Sonipat: ₹80.40, ★Bangalore: ₹81.50, ★Bharatpur: ₹89.50, ★Dewas: ₹89.50, ★Firozabad: ₹89.50, ★Hyderabad: ₹90.50, ★Mathura: ₹89.50, ★Meerut: ₹79.00, ★Mumbai: ₹77.50, ★NCR: ₹74.09, ★Vijayawada: ₹90.50, ★Ranchi: ₹87.15, and ★Trivandrum: ₹85.50.
A U.S. judge has denied the SEC’s request to sanction Elon Musk for skipping a September meeting, citing his commitment to reimburse travel costs. Musk had missed the session to attend a SpaceX rocket launch. The SEC is investigating whether Musk delayed disclosing his Twitter stock purchase, which may have violated securities laws. Musk, who […]
Adani Group CFO Jugeshinder Singh addressed the ongoing fraud allegations on Saturday, clarifying that they relate to a single contract involving Adani Green Energy, which accounts for about 10% of the company’s business. In a post on X, Singh emphasized that none of the group’s 11 public companies or their subsidiaries are defendants in the […]