The FinTech Hub
Source: Bitcoinist In a dramatic gesture that reinforces its stance on Bitcoin, El Salvador has bought 11 BTC for its national reserves, which now amount to 6,044 units. The move follows an agreement with the International Monetary Fund (IMF) for $1.4 billion, whose conditions include a reduction in some of the policies concerning Bitcoin. Still,…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25693276/247224_Election_Package__Mr.Nelson_design_Court_system.jpg?w=600&resize=600,400&ssl=1 "Trump’s takeover of the entire legal system hinges on this election")
Source: The Verge Women have died from abortion bans; the full death toll will not become clear for many years to come. This was a direct and foreseeable consequence of the election of former President Donald Trump in 2016, who oversaw the installation of three right-wing Supreme Court justices during his four years in office….
Source: Live Mint Food delivery giant Swiggy is internally aiming for a company valuation of $12.5 billion-13.5 billion for its upcoming IPO, cutting its target by 10-16 per cent due to market volatility, according to news agency Reuters. Swiggy was earlier targeting a $15 billion valuation for its $1.4 billion November IPO which will be…
Source: Live Mint Dalmia Bharat Q3 Results: Cement manufacturer Dalmia Bharat reported a 75% year-on-year (YoY) decline in its consolidated net profit to ₹66 for the third quarter of financial year 2024-25 (Q3 FY25) on Tuesday, January 21. The net profit stood at ₹266 crore in the same quarter last fiscal. Meanwhile, the revenue from…
Source: Bitcoinist According to a recent Bloomberg report, blockchain data firm Arkham Intelligence, backed by Sam Altman, the founder of OpenAI, is preparing to launch a crypto derivatives exchange in November. New Crypto Exchange On The Horizon According to a source familiar with the plans, Arkham is relocating its operations from London and New York…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25822958/010824_Nintendo_Switch_2_3D_printed_mockup_ADiBenedetto_0001.jpg?w=600&resize=600,400&ssl=1 "Nintendo Switch 2: all the leaks and rumors so far")
Source: The Verge Nintendo’s announcement of the Switch successor is imminent. Just how imminent is anyone’s guess with the company stating that it would reveal info on the console before the end of its fiscal year in March. Rumors regarding the new Switch have been circulating for more than a year, but with less than…
Source: Business Standard 3 min read Last Updated : Oct 11 2024 | 10:01 AM IST Although India’s overall economic indicators look solid, stock valuations are currently not cheap, which means investors need to adopt a smart approach, favoring hybrid and multi-asset allocation schemes that can adjust exposure to various asset classes as needed,…
Source: Business Standard 5 min read Last Updated : Sep 17 2024 | 2:59 PM IST Despite global economic challenges, investors remain optimistic about India’s growth prospects, with 86% anticipating increased allocation to the country, according to a survey conducted by Grant Thornton. Deal activity in India has rebounded, with 643 deals worth $17.1 billion…
Source: Business Standard The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then, it has held the rate at the same leve (Photo: Shutterstock) 5 min read Last Updated : Oct 06 2024 | 1:54 PM IST The Reserve Bank is unlikely to cut the benchmark…
Source: Business Standard 2 min read Last Updated : Sep 18 2024 | 2:53 PM IST Aurobindo Pharma shares decline: Shares of the pharmaceutical company, Aurobindo Pharma, dropped 2.09 per cent to Rs 1519.55 on the BSE during the intraday deals on Wednesday. The company’s stock price fell following the news that the US Food…
