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Business

November 22, 2024 8:47 PM

Bitcoin at record highs, sets sights on $100,000

Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration. It has more than doubled in value this year and is up a...

November 22, 2024 4:39 PM

Sensex and Nifty surge over 2% in biggest rally since June

Indian stock markets rebounded sharply on Friday, with both the Sensex and Nifty surging over 2 percent. The gains, driven by strong US labor market data and a broad recovery from oversold levels, marked a significant recovery in Indian equities. The Sensex jumped 1,961.32 points, or 2.54%, to clos...

November 22, 2024 1:14 PM

India’s business activity surges to 3-month high in Nov: report

India's business activity surged to a three-month high in November, driven by robust growth in the services sector and record job creation, according to the HSBC survey for the month. "Services saw a pick-up in growth, while the manufacturing sector managed to outperform expectations despite a marg...

November 22, 2024 11:49 AM

Sensex, Nifty open higher amid rally in Asian stocks

India's benchmark indices opened higher on Friday, tracking a rally in Asian stocks.  The Nifty rose 61.90 points, or 0.27%, to 23,411.80, while the Sensex added 193.95 points, or 0.25%, to 77,349.74. Market experts said that investors remained cautious ahead of the Maharashtra election results o...

November 22, 2024 4:26 AM

Bitcoin marches towards $100,000 on optimism over Trump crypto plans

Bitcoin's march toward $100,000 gathered pace on Thursday as investors bet a friendlier U.S. regulatory approach to cryptocurrencies under President-elect Donald Trump will unleash a boom era for the asset class. Bitcoin BTC= prices topped $98,000 for the first time during European trading, and w...

November 21, 2024 11:09 PM

India is world’s best place for data centres: Piyush Goyal

India is the best place in the world to provide sustainable infrastructure to the digital world as there are very few countries where there is an interconnected grid in the way that it has, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Addressing the UK-India Business Council ...

November 21, 2024 5:07 PM

Piyush Goyal urges industry to harness Rs 1 lakh crore ANRF fund for innovation

Union Commerce and Industry Minister Piyush Goyal on Thursday encouraged businesses to utilize the Rs 1 lakh crore Anusandhan National Research Foundation (ANRF) fund to foster innovation and create a robust research-driven ecosystem in the country. Speaking at an event organised by Federation of I...

November 21, 2024 4:46 PM

Sensex, Nifty slip as Russia-Ukraine tensions weigh on markets

India’s benchmark indices fell on Thursday as escalating tensions between Russia and Ukraine dampened investor sentiment. The Sensex dropped 422 points, or 0.54 percent, to close at 77,155, while the Nifty declined 168 points, or 0.72 percent, ending at 23,349. Market breadth was negative, with 2...

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Last Updated: 23rd Nov 2024