‘A lot of them are converted to other tokens, and since crypto is dealt with internationally, it can go to any exchange in any country.’
Posts tagged Rediff
Dixon Tech and valuation gravity: Can it defy the pull? (22-07-2024)
Stocks of electronics manufacturing services companies have been major outperformers, with four of the top eight listed majors by market capitalisation doubling their value over the past 12 months. The biggest gainer in this space has been the market leader, Dixon Technologies (India), which is up nearly threefold.
‘You Can’t Solely Rely On Electric Cars’ (22-07-2024)
‘At present, hybrids emit lesser carbon despite using fuel than pure play electric cars.’ ‘That is because EVs have to be charged and 76 per cent of the country’s electricity is still coal-based and not renewables.’
The Threats To India’s Prosperity (22-07-2024)
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
Students’ protests: Indo-Bangla trade hit hard (21-07-2024)
Trade between India and Bangladesh via land ports came to a standstill on Sunday as there was no movement of cargo trucks to and fro due to the ongoing student protests in the neighbouring country, officials said. The Bangladeshi side of the Petrapole landport remained non-functional, they said. Nearly one-third of land-based trade between India and Bangladesh takes place through Petrapole.
‘Aim to reach 1 billion tonnes coal output by FY 2027’ (21-07-2024)
‘With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.’
Will Nirmalji’s 7th Budget boost the markets? (21-07-2024)
The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said. Besides, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude are also crucial aspects to watch out for.
Nirmalaji to make history with 7th consecutive Budget (21-07-2024)
Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. Sitharaman, who will turn 65 next month, was in 2019 appointed as India’s first full-time woman finance minister when Prime Minister Narendra Modi won a decisive second term.
Tomato prices soar to Rs 100 per kg in Delhi (20-07-2024)
Tomato prices soared to Rs 100 per kg in retail markets of the national capital on Saturday as adverse weather conditions in various parts of the country continue to affect supplies of the essential kitchen staple. Tomatoes are available at Rs 100 per kg at Mother Dairy’s retail outlets, Safal, in the national capital.
HDFC Bank Q1 profit dips 6.5% sequentially (20-07-2024)
The country’s largest private lender HDFC Bank on Saturday reported a 6.51 per cent decline in its consolidated net profit to Rs 16,474.85 crore in the April-June quarter compared to the previous January-March quarter. The city-headquartered lender, which merged its mortgage major parent HDFC into itself in July last year, had reported a net profit of Rs 17,622.38 crore in the March quarter. On a standalone basis, the net profit declined to Rs 16,174.75 crore in April-June 2024-25 from Rs 16,511.85 crore in January-March 2023-24.