Markets

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

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Modi's digital push bolsters India's appetite for e-gold

The purchase for gold is likely to increase in the coming weeks for next month's Akshaya Tritiya festival.

Apr 2, 2018

Why petrol price is at a 4-year high, and will keep rising

Petrol price has surged to a four-year high of Rs 73.73 a liter while diesel rates touched an all-time high of Rs 64.58 in Delhi.

Apr 2, 2018

Planning to invest in cryptocurrency ICO? Read this first

The price of bitcoin, known as the world's largest cryptocurrency, dropped 21 percent in the last seven days while ethereum and ripple lost 24 percent and 21 percent, respectively.

Mar 31, 2018

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Markets weekahead: RBI monetary policy, auto sales, macro data

The Indian markets will focus on the Reserve Bank of India's monetary policy review, auto sales, macro-economic data in the coming week.

Mar 31, 2018

ICICI Bank-Videocon loan case: What is the Chanda Kochhar connection?

While the board of the lender has come out in support of bank's MD & CEO Chanda Kochhar, concerns still linger.

Mar 29, 2018

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

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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

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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