Markets

Meet the cryptocurrency billionaire who built no. 1 exchange in 8 months

The founder of Binance, who goes by the name of CZ, has steered his company to a $200 million profit in its second quarter of existence.

Mar 29, 2018

unemployment in india, unemployment rate in india, bse-cmie unemployment index, pm modi 2014 elections, modi govt job creations, jobs created under modi govt

What jobs growth? Employment rate actually fell under Modi govt

The employment rate in India shrank by 0.1 percent in the financial year 2015-16 and by 0.2 percent in 2014-15.

Mar 29, 2018

demonetisation icici bank mdr debit cards credit cards digital india banks cash crunch modi govt hdfc bank india rupay npci trupay sbi canara bank

Lone analyst says sell ICICI Bank and he may be right

The Singapore-based Sanford C. Bernstein & Co analyst has a bearish call with a "buyer beware" warning on the whole banking industry.

Mar 28, 2018

Cryptocurrency market is shrugging off the Big Tech ad ban: Here's why

Microblogging site Twitter has banned cryptocurrency-related ads, following similar bans by Google and Facebook earlier this year.

Mar 27, 2018

India is second largest steelmaker, ahead of Japan but behind China

China's production for February was 64.9 million tonnes (Mt), while India followed with 8.4 Mt. Japan produced 8.3 Mt, down 0.5 percent.

Mar 27, 2018

Indian bonds are no more selling like hot buns: Here's why

Foreign investors have sold a net $1.12 billion in Indian debt this month - the highest since December 2016, and are now on the verge of turning net sellers for the year.

Mar 27, 2018

ICICI Securities IPO undersubscribed: Did high valuations deter wealthy investors?

The portion of shares kept aside for retail investors and high net-worth individuals were subscribed 88 percent and 36 percent, respectively.

Mar 27, 2018

Markets are bleeding, but Jeff Bezos adds $25 billion to his fortune

According to Bloomberg Billionaire Index, Jeff Bezos' net worth is $125 billion. He added $25 billion to his fortune since January 1, despite the massive sell-offs in global markets.

Mar 26, 2018

Planning cryptocurrency investment? Read to know what US millennials are buying

A recent survey reveals the most favored cryptocurrency -- Bitcoin, Ethereum, or Litecoin -- among American millennials.

Mar 26, 2018

Expensive two months for world's 500 richest people: Lost $436 billion

Mark Zuckerberg lost $10.3 billion and Larry Ellison suffered a drop of about $7 billion on the Bloomberg Billionaires Index.

Mar 24, 2018

No, govt cannot ban bitcoin but there's lot it can do

In order to ban bitcoin, governments will have to shut down the internet and its very unlikely that any country would resort to that level.

Mar 24, 2018

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Markets weekahead: Nifty to test 9,800 resistance as bears take charge

The Indian markets will focus on ongoing trade war tensions between the U.S. and China, Europe economic data and Lemon Tree IPO in the truncated week.

Mar 24, 2018