Asia

Independence Day celebration at NY's Times Square

PHOTOS: Indian diaspora celebrate Independence Day in NY's Times Square with fervour

India's 75th Independence Day was celebrated with fervour at the iconic Times Square in New York and here's a glimpse of the grand event.

Aug 17, 2022

Crypto Meltdown: BitGo deal fails as Galaxy Digital terminates $1.2 acquisition

Galaxy Digital has terminated the $1.2 billion acquisition of digital asset trust company BitGo as it failed to provide audited financial statements for the year 2021.

Aug 16, 2022

bank of america job cuts asia investment banking barclays goldman sachs slowdown M&A in asia japan real estate office moved

Big market crash coming? Bank of America predicts Nifty to slump to 15600 by December [read now]

The firm stated that it is neutral on the information technology sector and underweight on stocks in the external/export-driven sectors like materials and select discretionary.

Aug 12, 2022

Stock markets: Benchmark indices rise marginally, Sensex ends over 59,400

Benchmark indices ended on a positive note on Friday, with Sensex and Nifty both rising marginally on the back of metals and oil & gas stocks.

Aug 12, 2022

Markets: Rupee, bond yield ends almost flat ahead on long weekend

The Indian rupee and the government bond yield ended almost flat on Friday as most traders remained on the sidelines ahead of the long weekend.

Aug 12, 2022

Are cryptocurrencies making a comeback?

Bitcoin prices have stabilised around the $23,000 to $24,000 level after plunging below $20,000 in June, media reports said.

Aug 11, 2022

Economy: Benchmark bond yield rises 9 basis bps after RBI hikes repo rate

The yield on benchmark government bond yields rose sharply by 9 basis points in the morning trade after the Reserve Bank of India (RBI) announced an increase of the repo rate by 50 basis points.

Aug 5, 2022

Shaktikanta Das, Governor, Reserve Bank of India

Ecomony: RBI ups policy rate to 5.40% to contain inflation

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the rise of policy rate or repo rate by 50 basis points (bps) to 5.4 per cent.

Aug 5, 2022

IPO-bound BharatPe appoints new CFO amid high-profile exits

Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its new chief financial officer, as it prepares for its initial public offering (IPO).

Aug 3, 2022

Stock markets: Domestic indices end flat, Sensex closes above 58,000

Domestic benchmark indices ended flat on Tuesday after rising for four consecutive sessions due to multiple negative global cues.

Aug 2, 2022

Stock markets closure: Sensex extend gains for fourth day, ends above 58K; Nifty ends over 17K

The benchmark indices started August on a positive note with Sensex rising above 500 points and Nifty over 180 points on positive global sentiments.

Aug 1, 2022

Ola CEO Bhavish Aggarwal denies rumours of merger plans with Uber

Ola Founder and CEO Bhavish Aggarwal on Friday refuted a report that said Ola and Uber are considering a potential merger.

Jul 30, 2022

ZEE Entertainment-Culver Max merger proposal gets BSE, NSE nod

ZEE Entertainment Enterprises Ltd (ZEEL) on Friday said it has got the approval from the two Indian stock exchanges for its proposed merger with Culver Max Entertainment Private Ltd.

Jul 30, 2022