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Source: Live Mint As the cement sector struggles with muted prices, some firms may feel more heat than others. A case in point here is Dalmia Bharat Ltd. Its two core markets– east and south–are poised to see increased pricing pressure. A spree of capacity additions in the east by various cement companies would lead…
Source: Bitcoinist President-elect Donald Trump’s remarks about building a strategic Bitcoin reserve have sparked a bull run amid the prospect of Bitcoin becoming a US reserve asset. Furthermore, the bullish altcoin action is expected to resume after the December 18 Fed rate cuts announcement, spotlighting Solana (SOL), Cardano (ADA), and DTX Exchange (DTX). Experts believe…
Source: Live Mint The latest stress test ofmutual funds reveals that the mid cap schemes will take as long as 32-34 days to liquidate 50 percent of their portfolio. At the same time, small cap mutual funds will take as long as 54 to 56 days for the same, shows the latest data shared onAMFI’s…
Source: Coin Tegraph The Australian financial services regulator sued Binance Australia Derivatives for allegedly misclassifying over 500 retail clients, denying key legal protections. Read Full Article
Source: Bitcoinist A newly uncovered public document reveals that the Bitcoin Policy Institute, a research and advocacy group in the United States, has drafted an executive order that aims to designate Bitcoin as a strategic reserve asset. This proposed order is designed to take effect immediately upon being signed by President-elect Donald Trump on his…
Source: Live Mint The changes could also have some implications for India-based employees of Switzerland-headquartered companies, freelancers working for Swiss companies, and people settled in India but earning a pension from Switzerland. Mint breaks down the impact of the development. Investors and employees with stock options Switzerland’s suspension of the MFN status for India will…
Source: Coin Tegraph Bitwise’s new Solana staking ETP, BSOL, enters the European market with competitive rewards and low fees, surpassing rivals. Read Full Article
Source: Live Mint The FMCG sector faced a turbulent 2024, marked by considerable volatility. The year started on a weak note, with the sector declining by approximately 9% from January to March, as subdued rural demand and broader macroeconomic challenges weighed heavily on its performance. From mid-April to September, the index rebounded sharply, gaining around…
Source: Bitcoinist Riding the currents of market excitement and community-driven momentum, Dogecoin (DOGE) and Shiba Inu (SHIB) have long been investor favorites. But when both tokens go into periods of consolidation, a new competitor is taking the front stage with more returns and creative features. DTX Exchange (DTX) is changing how traders see the future…
Source: Live Mint New Delhi, Dec 18 (PTI) Retirement fund body EPFO has extended time till January 31, 2025 for employers to upload wage details etc regarding 3.1 lakh pending applications for pension on higher wages. An online facility was made available by EPFO for submitting applications for validation of options/joint options for pension on…
