Depository of News

Investors bet big on SIPs; inflows at Rs 67,000 cr in Apr-Oct FY22

Inflows in the mutual fund industry through systematic investment plans or SIPs reached close to Rs 67,000 crore in the first seven months of the ongoing fiscal

The $5 billion hoard of aluminium the world wants but can't have

Now, with demand roaring and China curbing supply, consensus view is that outlook has never looked brighter for prices while mountains of aluminum are vanishing just when manufacturers need them most

Top Headlines: Centre eyes state route after repeal, Paytm's listing fiasco

The key difference between the two signal agricultural reform measures - Land acquisition bill and farm laws - is in how they end. Read more in our morning brief

Have not invested a single rupee in cryptocurrencies, says Anand Mahindra

The billionaire shared some screen grabs which claimed that he has made tons of money using a cryptocurrency investment platform

EPFO empowers advisory body to take a call on investment in InvITs, bonds

The decision was taken at the 229th meeting of the Employees' Provident Fund Organisation's apex decision making body

Global IPOs blow past $600 bn mark in 2021, best year on record

With 6 weeks to go, about 2,850 businesses and SPACs have raised more than $600 bn in IPOs, leaving the records for both deal count and proceeds reached in 2007 in the dust

EPFO approves diversification of investments to up to 5% of annual deposits

The decisions will mean EPFO is diversifying its investments into asset classes that will enhance the yield on investments, but also carry fair amount of risks

Barcelona, Manchester City drop club crypto sponsors amid concerns

Barcelona canceled a deal with Ownix after a businessman linked to the company was arrested for fraud related to cryptocurrency

2021 will be remembered for hefty dividend payouts by listed entities

Page Industries, Indian Oil Corporation, Coal India, Satluj Jal Vidyut Nigam, Power Finance Corporation, and Hindustan Petroleum, among others, have been providing healthy dividends to their investors

Gold price unchanged today at Rs 49,100 for 10 gram; silver Rs 66,000 a kg

The price of gold remained unchanged on Saturday, with the yellow metal selling at Rs 49,100 for 10 grams (24-carat), and Rs 48,100 for 10 gram (22-carat)

Cryptocurrencies, digital crowdsourcing enabling terror groups: India at UN

India also asked the international community to call out the States who wilfully provide financial assistance, safe havens to terrorists and hold them accountable

BJP, Congress leaders spar over Karnataka Bitcoin scandal

The Bitcoin scandal blame game touched a new low in the state among Karnataka politicians as leading of ruling BJP and opposition Congress indulged in personal attacks

Nasdaq closes above 16,000 for the first time; Dow Jones down again

Travel stocks slump as European Covid cases rise; Stay-at-home stocks gain

Centre mulls tweaking law in Budget to tax cryptocurrency gains

People are already paying capital gains on income from cryptocurrencies, and the GST law provides for taxing such transactions as 'services', Revenue Secretary Tarun Bajaj told PTI

Bitcoin's recent drop shows acute volatility remains a hallmark

Some analysts say a sharp pullback is normal after prices skyrocketed 40% in October

Franklin Templeton MF unitholders to get Rs 1,115 cr in 7th tranche

After the payout, the total disbursement will reach Rs 25,114 crore, amounting to 99.6% of AUM as on April 23, 2020

Skies darken for IPOs planned by Mobikwik, OYO after Paytm's dismal debut

It will take three to four months for people to forget Paytm and that it destroyed wealth, says a founder of a brokerage house in Mumbai

Top headlines: Farmers hail repeal of farm laws; govt may tax crypto gains

Business Standard brings you the top stories on Friday

Oil drops below $80 on amid fresh surge of Covid-19 cases in Europe

Brent crude was down $2.44, or 3%, at $78.80 a barrel by 1110 GMT, its lowest since early October, after earlier rising to as high as $82.24

Govt to change laws in Budget to tax cryptocurrency gains: FinMin official

There have been a rising number of ads, featuring even film stars, promising easy and high returns on investments in cryptocurrencies in recent times

Binance US may raise 'couple hundred million' in funding, says CEO

According to UK researcher CryptoCompare, Binance's spot cryptocurrency trading volumes totalled $789 bn in Sept and $454 bn in July

Govt to change tax laws in Budget to tax crypto gains: FinMin official

There have been a rising number of ads, featuring even film stars, promising easy and high returns on investments in cryptocurrencies in recent times

Major tea companies clock lower profits as prices fall, costs rise

A report by Icra said that tea prices remained strong in Q1FY22 and started sliding with the onset of the peak production months of the current year

FPIs holdings in domestic equities reach $667 bn in FY22Q2, up 13%: Report

The value of the foreign portfolio investors' (FPI) holdings in the domestic equities reached $667 billion in three months ended September 2021

Bitcoin falls, heads for worst week in months as Mt Gox payouts loom

Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months

Morgan Stanley sees Sensex at 70,000 level by December 2022

The research and brokerage house had recently downgraded India to equal-weight in their global emerging markets (GEMs) country portfolio.

Oil prices stabilise after swings on prospect of crude stockpiles release

Brent crude was up 28 cents or 0.3% at $81.52 a barrel by 0145 GMT, after falling to a six-week low on Thursday before rebounding to close 1.2% higher.

Oil prices stabilises after swings on prospect of crude stockpiles release

Brent crude was up 28 cents or 0.3% at $81.52 a barrel by 0145 GMT, after falling to a six-week low on Thursday before rebounding to close 1.2% higher.

Can Paytm spring a surprise after a forgettable market debut?

Investors lost nearly Rs 4,570 crore as Paytm shares tumbled 27% against its issue price post listing. Is there more downside to this fall? Can Paytm shares swing to profit? Let's find out

Oil hovers above six-week low as China readies crude reserve release

Washington's bid to cool markets, asking China to join a coordinated action for the first time, comes as high gasoline prices and other inflationary pressures have sparked a political backlash.

Gold price today at Rs 48,100 per 10 grams; silver at Rs 66,300 a kg

The rate of gold jewellery varies across the nation due to excise duty, state taxes, and making charges.

Modi asks nations to ensure cryptocurrencies don't fall into wrong hands

Last week, an India parliamentary panel favoured regulation rather than imposing an outright ban on the digital assets.

Defy raises $5.5 million to build India's first social crypto exchange

Defy, founded by entrepreneurs Bhagaban Behera, Sriharsha Setty and Nakul Kelkar, has received Seed funding worth $5.5 million

PM Narendra Modi urges nations to ensure crypto doesn't spoil youth

Modi also said the democracies must invest together in the research and development of future technology

BJP drags Cong leader Siddaramaiah's late son into alleged bitcoin scam

Senior Congress leader Siddaramaiah hit back at the ruling party accusing it of trying to hide its «corruption» and attempting to get personal to pursue «dirty agenda» in politics.

Sensex slumps 372 points; Nifty drops below 17,800; IT, auto stocks weigh

Equity benchmarks buckled under selling pressure for the third session on the trot on Thursday as bearish global cues and a disappointing market debut for Paytm unnerved investors. The 30-share BSE Sensex tumbled 372.32 points or 0.62 per cent to finish at 5

Sebi tweaks guidelines for processing of draft schemes filed with exchanges

Sebi on Thursday clarified on guidelines for processing of draft schemes pertaining to mergers and demergers filed by listed companies with the stock exchanges. Under the rule, listed entities desirous of undertaking a scheme of arrangement are required to s

India may create obstacles to crypto trading and holding: Report

MUMBAI/NEW DELHI (Reuters) - India plans to tighten regulation of cryptocurrencies to deter investors from holding them though the government is unlikely to follow through with an earlier plan to ban private digital coins, according to two sources familia

Elin Electronics files Rs 760-crore IPO paperwork with Sebi

The company manufactures and assembles a wide array of products and provide end-to-end product solutions
Contacts | Privacy Policy | Terms of Use
Twitter Facebook