Bitcoin Takes a Hit As Facebook & India Curb Cryptocurrency Demand
Bitcoin, the world's largest cryptocurrency, skidded 11 percent on Thursday to its lowest since November, as a Facebook ban on cryptocurrency adverts and a growing regulatory backlash against the nascent market frightened investors. Thursday's drop to as low as $9,022...
read moreHas February 1 Budget date reversed Sensex sentiment from bearish to bullish?
The Narendra Modi government did away with the practice of presenting Union Budget on February 28 last year when Finance Minister Arun Jaitley read out his annual financial statement on February 1. It was the year when a separate Railway Budget was not presented,...
read morePetrol, diesel prices jump
Petrol price rose to ₹72.38 per litre in Delhi, highest since March 2014, according to daily fuel price list of State-owned oil firms. Rates have risen by ₹3.31 per litre since mid-December. In Mumbai, prices have crossed ₹80-mark — costliest in the country. Diesel is...
read morepitches for lower corporate tax rate on budget eve
Finance minister Arun Jaitley in his fifth and last full-fledged budget presentation before the 2019 Lok Sabha polls will be under pressure from India Inc. to fulfil his promise of reducing corporate taxes to boost job creation and drive investments. Mr. Jaitley, who...
read moreMarkets scale fresh highs; telecom stocks in red
Benchmarks Sensex and Nifty ended at fresh lifetime highs for yet another session on Wednesday, powered by unabated buying by participants and healthy corporate results. However, telecom stocks tumbled up to 6.5 per cent after Reliance Jio decided to offer extra data...
read more