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Dimitri Donskoi

Asset-backed cryptocurrency investment: The inside story

"You have to think of the Blockchain as a new utility. As in, it is a new utility network for moving value and for moving assets" - William Mougayar, author. Aug 20, 2018
rupee

Rupee recovers marginally after falling to record low

The rupee recovered to 70.23 after it plunged to 70.32-33 -- the lowest ever mark -- against the greenback on the back of an apparent intervention by the Reserve Bank of India (RBI). Aug 16, 2018
Apple Park, renewable energy,

China lodges complaint with WTO over legalities of US policies

China said that they required the WTO's intervention because the imposition of tariffs and subsidising the renewable energy firms have distorted the global markets. Aug 15, 2018
wholesale inflation for february, wpi february, wpi janary, wholesale inflation at record high, inflation in india, indian stock markets

India's wholesale inflation eases to 5.09% amid lower food prices

On a sequential basis, the expenses on primary articles, which constitute 22.62 percent of the Wholesale Price Index's total weightage inched up by 1.73 percent, from an increase of 5.30 percent in June 2018. Aug 14, 2018
gold

Gold stabilises as dollar pulls back from 13-month high

Gold prices traded steady on Tuesday, but hovered close to an 18-month low, as the US dollar pared gains after posting a 13-month high in the previous session. Aug 14, 2018
note ban, demonetisation, rbi, modi govt, currency, rs 100 note, fm jaitley, arun jaitley, indian economy, atm, cash deposit

Rupee hits a new low at 69.62 per dollar amid political crisis in Turkey

The Indian currency hit a record low as the political-economic crisis in Turkey creates panic. Aug 13, 2018
Satya Nadella

Satya Nadella offloads $35.9 million in Microsoft stock; biggest sale in his tenure as CEO

Microsoft CEO Satya Nadella, whose annual base salary last year was $1.45 million and total compensation exceeded $20 million, is required to have 15 times his base salary in stock. Aug 11, 2018
Day-2 sales of Ikea Hyderabad store.

Swedish furniture giant IKEA opens store in India with shocking sales record in just 2 days

The Swedish furniture giant has opened its first store India at Hyderabad. The day-1 and day-2 sales are just mindblowing. Aug 11, 2018
Stock market

Rupee predicted to trade at 68.22 per dollar in a year; will hit a major low

The battered rupee will trade in a tight range in the coming year but not far from its historic low, hampered by higher oil prices and as trade tensions hurt emerging markets, a Reuters poll found. Aug 10, 2018
Russia stock market

New US sanctions hit Russian market; rouble hits two-year low

The Russian currency is on track for its deepest weekly fall since early April when it lost 6.7 percent. Aug 9, 2018
BSE

Sensex crosses 38,000 mark; Nifty50 nears 11,500 at record high

Positive domestic political cues lifted the Indian equity indices to new record highs on Thursday. Aug 9, 2018
flipkart

Walmart's Flipkart acquisition for $16 billion cleared by Competition Commission of India

Bentonville, Arkansas-based Walmart announced in May it was acquiring about 77 percent of Flipkart for roughly $16 billion in the biggest deal for India's e-commerce sector, which Morgan Stanley estimates will grow close to an annual $200 billion in a decade. Aug 9, 2018
nse nifty, nifty at new high, nifty at historic high, nifty at lifetime high, nifty to cross 10000, nifty to hit 10000, sensex gainers, 3 years of modi govt

Sensex climbs 200 points, Nifty reaches 11,400 as banking stocks rise

Both the Sensex and Nifty50 hit their all-time highs of 37,801.78 points and 11,427.00 points respectively. Aug 6, 2018
JioPhone 2 launched at Rs 2,999

Reliance JioPhone India's 'market leader in handsets', Samsung trails behind

The JioPhone was India's top-selling phone in the second quarter of 2018, with a market share of 27 percent, and created a whole new segment- Fusion phones. Aug 2, 2018
fuel prices in india, petrol price, diesel price, opec, indian economy

7 Indian firms in Fortune 500 list; Indian Oil Corporation tops, Reliance Industries up 55 ranks

American retail giant Walmart tops the latest Fortune listing, while Indian Oil Corporation jumped to 137th position, from its 168th rank last year. Aug 1, 2018
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