The cryptocurrency market is facing significant price fluctuations as traders and investors await the announcement of a decision from the US Federal Open Market Committee (FOMC) regarding interest rates. On Wednesday, Bitcoin (BTC) experienced a notable dip of 3.33 percent on international exchanges, trading at $102,185 (approximately Rs. 88.4 lakh), according to data from CoinMarketCap.…
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New Delhi : The Sensex and Nifty, began the week on a subdued note, declining sharply in early trade on Monday. The downturn was driven by losses in Telecom and Industrials stocks, coupled with persistent foreign fund outflows and muted trends in global markets. The 30-share BSE Sensex fell 343 points, or 0.45%, to 75,847.46,…
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New Delhi, Jan 24, 2025: The Indian government has taken action against cab aggregators Ola and Uber for allegedly implementing differential pricing based on the type of smartphone users own. Notices have been issued to both companies by the Central Consumer Protection Authority (CCPA), following several complaints from consumers about inconsistent pricing for iPhone and…
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Prayagraj, January 23, 2025- Union Minister for Railways, Communications, Electronics, and IT, Shri Ashwini Vaishnaw, shared key insights during his address at the World Economic Forum in Davos. He emphasized India’s growing trust factor, technological advancements, and transformative economic policies under the leadership of Prime Minister Narendra Modi. India’s Trust Factor in Foreign Policy and…
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New Delhi : In the Indian bullion market, gold and silver prices saw a significant rise of over half a percent. 24 Karat Gold was trading at ₹79,330 per 10 grams, up by more than 0.5%, while Silver 999 Fine was trading at ₹92,070 per kilogram, also marking a half-percent increase. This rise follows a…
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New Delhi, January21, 2025: Zomato Ltd’s share price experienced a sharp decline on Tuesday, January 21, 2025, following the company’s disappointing financial results for the third quarter of the 2024-25 fiscal year. By 11:30 am, the stock had dropped 10.44%, shedding ₹25.15 to trade at ₹215.80 on the Bombay Stock Exchange (BSE). The lowest intraday…
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On January 20, 2025, Bitcoin achieved a significant milestone by crossing the $109,000 mark, hitting a record high just ahead of the inauguration of U.S. President-elect Donald Trump. By 1 pm IST, the world’s most popular cryptocurrency was valued at $108,217.56, marking a surge of 4.50% or $4,661.28 from the previous session, according to Bloomberg…
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New Delhi : Domestic benchmark indices have remained volatile throughout the past week, with concerns over slowing Quarter 3 earnings weighing heavily on investor sentiment. As the Union Budget approaches, market experts are keen to gauge how the stock market will react, particularly given the anticipated global inflation data and domestic economic indicators. Foreign fund…
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New Delhi : The International Monetary Fund (IMF) has reaffirmed its projection of India’s economic growth at a robust 6.5% for the fiscal years 2025-26 (FY26) and 2026-27 (FY27). This forecast, consistent with the IMF’s October 2024 World Economic Outlook update, highlights India’s position as the fastest-growing economy among the world’s largest nations. Despite global…
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New Delhi : India’s electronics export sector has achieved a significant milestone, registering a robust growth of 35.11% in December 2024. Exports rose to a two-year high of $3.58 billion, up from $2.65 billion in December 2023, as reported by the Commerce Ministry. This impressive growth reflects increasing global demand for high-value Indian electronics, coupled…
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