Markets

Out of favor Bitcoin finds another critic: The World Bank

The World Bank has cautioned the banking sector against Bitcoin business saying it is "dangerous" to the global financial system.

Apr 11, 2018

Cryptojacking surges 4000%: Is someone using your phone to mine cryptocurrency?

The emergence of a multitude of new cryptocurrencies that can be mined by average computers has contributed to the widespread abuse of currencies.

Apr 10, 2018

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Go gold: 3 gold investment schemes backed by Indian government in 2018

There's no better way of investing in gold than through the government-backed methods. Know more about Gold Monetization Scheme, Sovereign Gold Bonds Scheme, and Indian Gold Coin.

Apr 10, 2018

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Looking for best stock market bets, watch Indian shoppers

Analysts are bullish on consumer staples and branded goods as the government starts to spend more in villages to boost farm incomes before next year's elections.

Apr 10, 2018

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Decent debut for Lemon Tree Hotels: Shares close 29 percent higher

Shares of Lemon Tree Hotels made a strong debut on the exchanges on Monday with a premium of 10 percent.

Apr 9, 2018

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Petition against India's crackdown on cryptocurrencies gains 17,000 signatures

According to the petition, the RBI's decision could lead to an increase of irregular cash trading of cryptocurrencies in India.

Apr 9, 2018

RBI's cryptocurrency clampdown: What happens to your Bitcoin investment?

The government has already cautioned the public over cryptocurrencies, and the RBI has declared that it does not consider bitcoins and others as legal tender.

Apr 9, 2018

Following RBI's crackdown, cryptocurrency exchanges look to shift base abroad

The Reserve Bank of India has banned all financial firms from dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies.

Apr 9, 2018

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Markets weekahead: U.S. trade war, macro data, Zuckerberg testimony

The Indian markets will focus on macro-economic data, fourth-quarter earnings and Facebook CEO Mark Zuckerberg's testimony to Congress in the coming week.

Apr 7, 2018

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Is RBI planning to launch its own cryptocurrency code-named Lakshmi?

If introduced, Lakshmi would run on an implementation of the blockchain technology, which is the backbone of digital currencies like bitcoins.

Apr 6, 2018

Billionaire Tim Draper says bitcoin should be national currency for India

The long-time bitcoin fan believes India will benefit a lot from cryptocurrencies and blockchain as it will enable government to become more transparent and efficient.

Apr 6, 2018

Bitcoin price falls below $7,000: Will it rebound?

As government watchdogs around the world more closely scrutinize the crypto sector, cryptocurrencies are facing uncertainty and the price of bitcoin fell below $7,000 on Wednesday.

Apr 5, 2018

Ethereum takes no. 1 spot in India as crypto regulations haunt Bitcoin

The repeated cautionary circulars from the central bank and government authorities have taken a toll on Bitcoin's popularity in India, according to a research.

Apr 4, 2018

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Gold prices glitter upon rising trade war fears

Spot gold was up 0.1 percent at $1,341.68 per ounce as of 0045 GMT. It climbed 1.3 percent on Monday in its biggest one-day percentage rise in a week.

Apr 3, 2018