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Bitcoin Surpasses $100,000 Following Trump’s SEC Nomination: Prices skyrocketed past $100,000 due to SEC possibilities: Trump will nominate pro-Bitcoin Paul Atkins to head the SEC. The cryptocurrency reached its highest level in a week after declining from $69,374.01 on November 5 to $103,308.27 on Wednesday. This rise was in sync with positive global market sentiments,…
Canara Bank Shares Rise Amid Crypto Buzz and Upcoming Crypto Workshop: Shares of Canara Bank gained 1.28% to Rs 106.50 in today’s session as Sensex surged 329.82 points to 81,175.57. The stock began the trading session at Rs 106.00 and rose to an intraday high of Rs 106.95. The stock’s high is Rs 129.35, and…
Gold Rate and Silver Price Today, December 4, 2024: Check Latest Rates in India – India **Gold and silver** prices in India showed mixed trends today, December 4, 2024, reflecting changes in international markets and domestic demand. Here’s a detailed look at the latest prices: Gold Rates Today Silver Prices Today Key Factors Affecting Prices Also…
Rupee Hits Record Low of 84.76 Amid Dollar Strength and FII Outflows – The rupee posted a new low for the Indian currency, falling by four paise in early trades on Tuesday to 84.76 against the US dollar because of a strong dollar and foreign portfolio investment outflows. In the interbank exchange, the rupee bounced…
GQG Shares Fall 13% After Analyst Downgrade Following Adani Group Indictment: On Monday, the Australian-listed asset firm GQG Partners shares fell by 13% as UBS analysts cut them due to its future dealings with Adani Group companies. UBS said it expected GQG could have lost about A$600 million ($390 million) in funds under management after…
Indian Weddings Witnesses: A Rs 6 Trillion Industry Boom: As the wedding season kicks into high gear this November and December, the Indian wedding industry is again making headlines—and for good reason. With over 4.8 million weddings expected in just two months, it’s not just about grand celebrations; it’s an economic powerhouse set to generate…
Gold Prices Rise Amid Geopolitical Tensions, MCX, and Over International Markets Surge: In early trading today, gold prices rose due to rising tensions around the globe, including the Russia-Ukraine and Israel-Hezbollah cease-fire violations. In the MCX, futures of gold for the December 2024 contract began trading higher at ₹ 76,334 per 10 grams but soon…
Japanese Banks Stand Firm with Adani Amid Scrutiny from Western Lenders: Despite facing US corruption charges, Gautam Adani’s corporation retains strong backing from Japanese banks, while Western lenders like Barclays and Jefferies review their ties. Sumitomo Mitsui Financial Group (SMBC), Mizuho Financial Group, and Mitsubishi UFJ Financial Group (MUFG) trust Adani’s long-term feasibility and are…
US GDP Grows 2.8% in Q3, Driven by Spending and Exports: According to the Commerce Department, the US economy grew at a 2.8% annual rate in Q3 2024, supported by solid consumer spending and a surge in exports. It marks a slight slowdown from Q2’s 3% growth but reflects nonstop economic flexibility, with GDP exceeding…
NTPC Green Energy Debuts at 3% Premium Over IPO Price: NTPC Green Energy shares were listed at a 3.2% premium on Wednesday, debuting at ₹111.5 on both BSE and NSE compared to the issue price of ₹108. Despite a cautious market mood and premium valuations, the IPO saw decent demand from institutional and retail investors,…
