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Source: Live Mint Gold prices in India achieved remarkable growth for the last Samvat year, soaring nearly 32 per cent since last Diwali. This surge in gold rate was primarily driven by multiple factors, including rising geopolitical tensions, anticipation of interest rate cuts, a stable dollar index, signs of global economic slowdown, and robust demand…
Source: Live Mint Ganesh Chaturthi 2024: As we kick off the festive season of 2024 with Ganesh Chaturthi, reflecting on the Initial Public Offering (IPO) market reveals some astounding numbers. In essence, IPOs have become the talk of the town following the record highs of Nifty 50 and Sensex, capturing attention not only in the…
Source: Business Standard The rupee appreciated 5 paise to 83.92 against the US dollar in early trade on Wednesday. (Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 10:11 AM IST The rupee appreciated 5 paise to 83.92 against the US dollar in early trade on Wednesday, ahead of the Reserve…
Source: Coin Tegraph The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September. Read Full Article
Source: Live Mint HDFC Bank has cut its marginal cost of funds-based lending rate on select tenures by upto 5 basis points. After the change, MCLR will now range between 9.15 percent and 9.45 percent. The new rates will come into force from Jan 7, 2025 onwards. What is MCLR? MCLR refers to the marginal…
Source: Live Mint Newmont Corp., the world’s top gold producer, posted its biggest quarterly profit in five years as the price of bullion surged. Still, shares fell after sales and earnings missed analysts’ estimates. The Denver-based company’s net income attributable to shareholders was $922 million in the third quarter, nearly six times more than the…
Source: Live Mint Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet demand will grow if the U.S. Federal Reserve lowers borrowing costs this week, as is widely expected. U.S. crude oil futures gained $1.31, or 1.9%, to $71.40 by 12:03 p.m. ET (1603 GMT). Brent crude…
Source: Business Standard 2 min read Last Updated : Sep 19 2024 | 8:06 PM IST Beauty and fashion platform Nykaa has ramped up its same and next-day deliveries to 110 cities, aiming to get closer to the consumer by growing its warehouse network. The company said that close to 60 per cent…
Source: Coin Tegraph Bitwise has filed for an ETF that would invest in large market cap public companies with at least 1,000 Bitcoin on their balance sheets. Read Full Article
Source: Live Mint Brokerage house Motilal Oswal Private Wealth (MOPW) recently addressed the emerging risks in the Indian equity market, driven by global geopolitical tensions and the high valuations of domestic stocks. Rising crude oil prices, bond yields, and inflation concerns have intensified market volatility. Despite these challenges, MOPW believes that sustained domestic inflows and…
