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Bitcoin’s recent rally continued through Monday night, hitting a peak of $89,599 early Tuesday. Investors seem energized by President-elect Donald Trump’s positive stance on cryptocurrency and his plans to revamp crypto regulations. Since the
Bitcoin reached a new all-time high on Monday, topping $81,000. This surge came on the heels of Donald Trump’s election win, which has sparked optimism about potential pro-crypto policies in the U.S. By 11 AM, Bitcoin was trading at $81,119.61, bri
The Federal Reserve announced on Thursday that it would be lowering its key interest rate by a quarter percentage point. This decision was widely expected as inflation approaches the central bank’s target of 2%. Consequently, the federal funds rate
Shares in PB Fintech, the owner of Policybazaar, surged on October 1 after brokerage firm Jefferies put a 'buy' rating with a target price at ₹1,800 a share, following a reported clarification by the management regarding its proposal to invest $100
There was finally a piece of good news flowing in from the US and it was in the form a sharper than expected fall in the rate of consumer inflation. Till June 2022, the consumer inflation was on consistently moving up before it finally peaked in the
One of the top investment houses in the world, Goldman Sachs, has turned cautious on the Indian IT sector. The margin problems at IT were there for some time, but that is not the reason Goldman is worried about this sector. The concern is over the to
Just two months after the European Central Bank (ECB) had hiked rates by 50 bps, it effected another 75 basis points rate hike in its latest meeting on September 08th 2022. In July, the ECB had taken the benchmark rates from -0.50% to 0.00% and now t
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