Crypto

Saudi ACWA Power expands portfolio with $693m acquisitions in Bahrain, Kuwait

RIYADH: Saudi utility giant ACWA Power has strengthened its portfolio by acquiring a $693 million stake in power generation and water desalination companies in...

India may hike GST on cigarettes, tobacco products after compensation cess ends: Report

Currently, cigarettes and tobacco products attract a 28 percent GST, in addition to a compensation cess and other levies, taking the total indirect tax...

HP Telecom India, Swasth Foodtech IPOs open for subscription today

On February 28, HP Telecom India will make its debut on the NSE Emerge, while the trading in Swasth Foodtech shares will commence on...

Markets extend losses as Sensex drops 675 points; Midcaps see deeper cuts 

Market breadth remained significantly negative at midday, with 2,772 stocks declining against 1,061 advances on the BSEIndian equity markets deepened their losses during Wednesday...

Stocks that will see action today: January 9, 2025

Bharat Heavy Electricals (BHEL) has commissioned two units of the 6x170 MW Punatsangchhu-II Hydroelectric Project (PHEP-II). In a notice to the exchanges, the PSU...

Sensex, Nifty likely to open lower amid weak macro data

Indian benchmark indices Sensex and Nifty are expected to open with a downward bias on Wednesday amid weak macro numbers. India’s GDP growth for...

How will markets open today? Here are 6 things to watch out for at this hour

The GIFT Nifty indicates that the BSE Sensex and NSE Nifty 50 are likely to open lower on Wednesday, January 8. The Indian stock markets...

Stocks that will see action today: January 7, 2025

Caplin Point Laboratories informed the exchanges that it is in receipt of Establishment Inspection Report (EIR) from the US Food and Drug Administration (FDA)...

Stocks that will see action today: January 6, 2024

ITC Hotels Ltd. will be demerged from ITC Ltd., with the record date for the company for demerger and the ex-date for the shares...

NPS equity returns slide to 15.86% as markets lose steam in October-December

With equity benchmarks having slid over 10 per cent since end-September 2024, annual returns on monies parked in NPS equity schemes have dropped further to 15.86...

Stocks that will see action today: January 2, 2025

Buzzing stocks: Railtel, Man infraconstruction, Reliance Power, Hero MotoCorp, Ugro Capital, Ashoka Metcast, Goa CarbonRailTel Corporation has secured a ₹78.43-crore order from Bharat Coking Coal...

Analyst: Key Trends of 2024 Point to XRP, Solana, and Litecoin ETFs in 2025

As 2024 comes to an end, analyzing major trends is essential to understanding the direction of the market. Overall, we saw immense success across...

How would a US bitcoin strategic reserve work?

An illustration featuring US president-elect Donald Trump holding Bitcoin is displayed outside a cryptocurrency exchange store in Hong Kong. — Reuters Bitcoin hit a record...

Bitcoin surges to record high above $106,000 on hopes of a US strategic reserve

Bitcoin surged to a record high above $106,000 on Monday after President-elect Donald Trump suggested he plans to create a US bitcoin strategic reserve similar...

Trading crypto in Dubai? What you need to know about the latest court ruling

Experts advise individuals engaging in crypto trading to regularly review updates to VARA and Securities and Commodities Authority regulations to ensure ongoing compliance Dubai’s highest...

UAE: Donald Trump’s son says Bitcoin will bring about financial revolution

Bitcoin is going to bring about a financial revolution by giving liberty to those who are “left behind” by the traditional banking system. That...

UAE: Bitcoin inheritance plan, creation of will for digital assets essential, say experts

Bitcoin and cryptocurrency owners should have an inheritance plan in place as soon as possible to avoid these assets from being lost forever, experts...

Crypto exchange Bitget lists GMCI Meme Index on its futures platform

The innovative addition celebrates the vibrant humour and creativity that define crypto culture, while offering traders a unique opportunity to engage with one of...

Bitcoin languishes as long-term investors cash out

Employees talk to bypassers in front of a Bitcoin exchange advertisement truck in Hong Kong. — On Thursday, bitcoin was hovering around $96,500, having...

Metaplanet Plans to Raise $62M for Bitcoin Accumulation with Stock Acquisition Rights

The firm pointed to an “urgent need” to increase its Bitcoin holdings, prompting this fundraising initiative.Japanese investment firm Metaplanet announced Thursday that it plans to...

Bitcoin tops $98,000, closes in on $100,000

Bitcoin continued its unprecedented rise on Thursday as the world’s largest cryptocurrency topped $98,000 for the first time during European trading. Bitcoin soared to a...

UAE investors turn millionaires, thanks to Bitcoin record surge after Trump win

Dubai-based Dutch national Saajan Mangrey is a dollar millionaire – thanks to his timely investment in Bitcoin. The UAE resident bought 22 bitcoins at $535...

Central Bank digital currencies drive collaboration between banks and FinTech in the UAE

Central Bank Digital Currencies (CBDCs) are transforming the financial landscape, and the UAE is rapidly advancing in this innovative space. As part of its...

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Saudi ACWA Power expands portfolio with $693m acquisitions in Bahrain, Kuwait

RIYADH: Saudi utility giant ACWA Power has strengthened its...

India may hike GST on cigarettes, tobacco products after compensation cess ends: Report

Currently, cigarettes and tobacco products attract a 28 percent...

HP Telecom India, Swasth Foodtech IPOs open for subscription today

On February 28, HP Telecom India will make its...

Fintech Future Summit 2025: Shaping the Future of Financial Innovation in Bengaluru, India

India 2025: The Rising Fintech Powerhouse India’s fintech sector is...

UPI Autopay soars to new heights blazing past card transactions in recurring payments

The share of cards in recurring payments went down...