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Source: Live Mint For the second time in less than a year, Circle Internet Financial Ltd. has increased the fees it charges to cash out holdings of its USDC stablecoin. Redemption of USDC via the Circle Mint platform used to be free and unlimited. In February, Circle introduced a fee for swaps above $15 million….
Source: Live Mint The share of British workers in low-paid jobs has plunged in the last decade to a record low of 3.4%, a reflection of growing minimum wages, adding to concerns of further inflation ahead. That’s according to data published Tuesday by the Office for National Statistics, which revealed that the share of employees…
Source: Live Mint Muhurat Trading 2024: Samvat 2081 is around the corner after Indian stock markets logged a spectacular year with record-high milestones in Samvat 2080. D-Street analysts are widely positive for financials, consumption, technology, and healthcare sectors for Samvat 2081. The Nifty 50 eyes a 12 per cent CAGR between FY24-26 even as the…
Source: Live Mint India’s Housing Finance Companies (HFCs) contributed 46 per cent to the fundraising activities from public markets through the initial public offering (IPO) route, according to a research report by Colliers India. The real estate industry, which includes HFCs, Real Estate Investment Trusts (REITs), real estate developers, flex space operators, hospitality companies, and…
Source: Live Mint US stocks edged lower on Tuesday as investors assessed a host of mixed earnings, while Treasury yields gained. At the opening bell, the Dow Jones Industrial Average fell 177.91 points, or 0.42%, to 42,209.66. The S&P 500 fell 7.34 points, or 0.13%, to 5,816.18, while the Nasdaq Composite rose 8.9 points, or…
Source: Live Mint Bitcoin surpasses $71,000 for first time since June as US elections nears Read Full Article
Source: Live Mint SBI Cards and Payment Services on Tuesday, October 29, reported a 33% year-on-year (YoY) decline in net profit to ₹404 crore for the second quarter of fiscal 2025 (Q2 FY25), due to an increase in provisions. In the same period last year, the company posted a PAT of ₹603 crore. Provisions rose…
Source: Live Mint Samvat 2081:Over the past year, the Indian IT sector has shown impressive resilience. Despite worries about a demand slowdown and high interest rates in major markets, the Nifty IT index has surged 36 per cent since last Diwali, outpacing the Nifty 50’s 25 per cent rise and proving that tech stocks are…
Source: Live Mint The Indian front-line indices made a significant rebound during the second half of the trading session today, October 29, recovering from an initial downturn that saw them tumble sharply in the first half of the day. This recovery was primarily driven by strong performances from heavyweights such as Reliance Industries and HDFC…
Source: Live Mint Pharma major Cipla Ltd on Tuesday reported an 15.2% year-on-year rise in its consolidated net profit for the fiscal’s second quarter ended September (Q2FY25) to ₹1,303.53 crore. The company had reported a profit of ₹1,177.64 crore in the year-ago period. Sequentially, the consolidated net profit was up 10.6%. Cipla’s consolidated revenue from…
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