Asia

Global regulator for banks red-flags crypto-assets such as Bitcoin

Mayhem in crypto market as Bitcoin drops below $30,000 per coin; Investors in a panic mode

The global cryptocurrency market entered its worst phase ever on Tuesday, with Bitcoin dropping below $30,000 per coin and leaving millions of investors in a panic mode.

May 10, 2022

Stock Market: FPI outflow continues, pulls over Rs. 6,400 crore in May first week

On May 4, the RBI raised the policy repo rate by 40 basis points with immediate effect and the cash reserve ratio by 50 basis points with immediate effect in an off-cycle monetary policy review.

May 8, 2022

Counterfeit Frozen dolls, Barbies, Lego; China's toy industry thrives on cheap rip-offs, but who pays the price?

It's the consumer and nations that pay the price. China's billion-dollar toy industry has inundated markets with cheaper toys and snubbed out local industries

May 7, 2022

HDFC hikes home loan rates for existing customers effective May 9

HDFC on Saturday announced that it would raise its Retail Prime Lending Rate (RPLR) by 30 basis points.

May 7, 2022

FPI selling extends to 8th straight month, pulls out over Rs 6k cr in May

Continuing its selling spree for the seventh consecutive month, foreign portfolio investors have pulled out Rs 17,144 crore from the Indian equity market in April. In May too, the trend remained the same.

May 7, 2022

Bear wipes off ₹5 lakh crore investors' wealth on Friday; worst week at Dalaal street since Nov [details]

The stock market benchmarks sank 4% this week, registering the worst performance since November 2021.

May 6, 2022

Stock Markets: Sensex plunges by over 1,050 pts, Nifty down by 320 pts

Indian equity benchmarks declined sharply in opening deals on Friday, in line with weakness in global markets.

May 6, 2022

Ma Shocker: Arrest of 'Ma' in China erodes $27 bn from Alibaba's share value

The arrest of an individual with the last name 'Ma' in China left people in utter shock who dumped shares in Alibaba that eroded a massive $27 billion in its share value, as investors thought the person arrested was the billionaire Jack Ma.

May 4, 2022

Stock Market: Sensex, Nifty plunge in early trade, Titan among top losers

By 11 a.m., Sensex remained rather static at 56,688.65 or 372.22 (0.65%) points down while Nifty is hovering around 16,975.45 or 127.10 points down (0.74%).

May 2, 2022

Stock Markets: Sensex, Nifty tad up in early trade, analysts see volatility going ahead

Indian equity benchmarks rose marginally in early trade on Friday, reflecting the positivity among the investors.

Apr 29, 2022

PhonePe offers cashback on gold, silver purchases via its app

Akshaya Tritiya: Significance and market buzz; PhonePe offers cashback for online purchases

Digital payments company PhonePe on Thursday announced exciting offers on the purchase of gold and silver via the app on the auspicious occasion of Akshaya Tritiya.

Apr 28, 2022

Stock Market: Sensex, Nifty slightly up in opening hour [Details]

Sensex was up at 57,096 points, up 0.5 per cent or 277 points, whereas Nifty at 17,120 points, up 0.5 per cent or 82 points in the opening hour on Thursday, April 28.

Apr 28, 2022

Equity indices break two-day losing streak, Sensex up 700 pts, Nifty up 208 pts

Breaking a two-day losing streak, Indian equity benchmarks rose in the opening session primarily due to value buying at lower levels by enthusiastic investors, say analysts.

Apr 26, 2022

Stock Markets: Sensex, Nifty extend losses, rising inflation a concern

Indian equity benchmarks extended their losses from the previous week as the markets are worried about the rising inflation besides the likelihood of monetary policy tightening in the US.

Apr 25, 2022

Stock Market: Sensex, Nifty decline again after 2-day gaining streak

Breaking 2-day gaining streak, Sensex and Nifty decline in early trade on Friday though positive buying tried to close the gap by afternoon

Apr 22, 2022

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