Gold demand in the world's second-biggest consumer of the precious...
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Census likely from early 2025, data will be declared by 2026
The 31 questions to be asked to each family under the census...
Cryptocurrencies huge risks to financial stability, RBI Governor
Shantikanta Das,Governor, Reserve Bank of India ``I am actually of...
Sensex succumbs to late sell-off, ends 77 pts lower
Vinod Nair, Head of Research at Geojit Financial Services, said, ''After the decent opening post yesterday's weak closing, domestic bourses again staged a quick sell-off, tracking weak European trend. Policy tightening by the US Fed and rising geopolitical tensions in...
India’s gold demand skyrockets to 797.3 tons in 2021: WGC
Going forward, WGC Regional CEO, India, Somasundaram PR said, this year COVID-19 and its future variants will remain a factor to watch as will price movements in gold, given global concerns on inflation, interest rate and geo-political developments New Delhi: India's...
India seeks regulatory fast track for LIC as it gears up for the country’s largest IPO
The Securities and Exchange Board of India (SEBI) has been urged to complete its vetting process in less than three weeks instead of the 75 days it usually requires,sources said NEW DELHI: The Indian government has asked regulators for a swift review of Life Insurance...
Nearly 30,000 Bitcoin millionaires wiped in last 3 months
"A combination of factors such as regulatory scrutiny, turbulent markets, geopolitical unrest, and Covid combined with having an adverse effect on the asset's performance. However, despite the volatile start to the year, a number of analysts continue to laud the asset...
Govt eyes LIC listing on stock exchanges by March end: DIPAM Secy
"LIC disinvestment amount will be included in this year's (Budget) because we aim to list it before March 31," Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told PTI New Delhi: The government will list the country's largest...
Equity indices open in red, Sensex down by 1020 points
Indian shares slid about 1.5% on Thursday, in line with weakness in broader Asia, as the U.S. Federal Reserve's signal to steadily tighten policy soured global investor sentiment The fall in Dalal Street wiped off nearly Rs 4 trillion worth of investor wealth in early...
Sensex nosedives 1,546 pts; Nifty tanks below 17,200
Indian markets opened negative following mixed Asian market peers as investors look ahead to US Fed meeting and rising geopolitical uncertainty. During the afternoon session, they further sold off as indices fell well below psychologically crucial levels. Mumbai:...
Equity indices open in red, Sensex down by 251 points
As the countdown to the Union Budget 2022-23 has begun, the Indian equities market is likely to remain volatile during the week beginning Monday Mumbai: Equity indices opened in red on Monday with the Sensex down by 251.33 points and Nifty down by 79.20 points. The...
Nasdaq 100’s unrelenting declines ring a dot-com bust alarm bell
Down almost 12% in January, the Nasdaq 100 is on course for its worst month since the 2008 global financial crisis. On any four-day basis, the current streak of 1% drops was the first since 2018. “If you just look at those two prior instances, right after 9/11 was a...
Global crypto market suffers $1-trillion loss as Bitcoin crashes
Given their relatively high volatility and valuations, cryptocurrencies' increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according to IMF research New Delhi: Bitcoin was hovering at $35,000...