Posts in category Business Standard
US Stocks closed mixed ahead of Easter break (29-03-2024)
Investors are awaiting the Fridays release of the Feds favorite inflation gauge, the core personal consumption expenditures (PCE) price index, when the market is shut for Good Friday, and is largely expected to factor into the outlook for U.S. interest rates. Along with the PCE data, addresses from Fed Chair Jerome Powell and FOMC member Mary Daly are also due on Friday.
Tarapur Transformers reports standalone net loss of Rs 0.21 crore in the December 2023 quarter (29-03-2024)
Reported sales nil
Gold up Rs 10, silver jumps Rs 100; yellow metal trading at Rs 67,320 (29-03-2024)
The price of 22-carat gold rose Rs 10 with the yellow metal selling at Rs 61,710.
Amitabh Kant’s growth call: 10K big companies, 10 champion states (28-03-2024)
The government must take the lead in ensuring Life Insurance Corporation of India invests in startups, says Amitabh Kant
Amitabh Kant’s growth call: 10K big companies, 10 champion states (28-03-2024)
The government must take the lead in ensuring Life Insurance Corporation of India invests in startups, says Amitabh Kant
Strong showing: Markets end year of records on a high, Nifty rises 29% (28-03-2024)
Despite the recent selloff, the Nifty Smallcap 100 and the Nifty Midcap 100 indices gained 70 per cent and 60 per cent, respectively
Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison (28-03-2024)
Crypto entrepreneur Sam Bankman-Fried was sentenced on Thursday to 25 years in prison for a massive fraud that unravelled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.
Bankman-Fried, 32, was convicted in November of fraud and conspiracy a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian Larry David.
US District Judge Lewis A. Kaplan imposed the sentence in the same Manhattan courtroom where, four months ago, Bankman-Fried testified that his intention had been to revolutionize the emerging cryptocurrency market with his innovative and altruistic ideas, not to steal.
Kaplan said the sentence reflected that there is a risk that this man will be in position to do something very bad in the future. And it's not a trivial risk at all. He added that it was for the purpose of disabling him to th
T+0 settlement kick starts today: Exchanges witness token trades on day 1 (28-03-2024)
Sebi has directed stock exchanges or depositories to disseminate the list of brokers that will be participating in the beta version of T+0 settlement on a periodic basis
Strong global cues lift domestic markets; Nifty, Sensex rise 0.9% each (28-03-2024)
Nifty, Sensex rise 0.9% each; Up 2.3% in last six sessions
48% active largecap mutual funds outperformed in 2023: SPIVA report (28-03-2024)
The equity-linked savings scheme (ELSS) were the best performers among all the categories as 70 per cent of the schemes managed to outperform the S&P BSE 200, the study shows