BUSINESS
Bitcoin Hits $1,00,000 Milestone, Experts Predict $120,000 Soon
Bitcoin was trading at $1,03,095, after gaining 4.39 per cent. According to Vishal Sacheendran, Head of Regional Markets at Binance, the cryptocurrency market is experiencing a surge in optimism as governments and institutions worldwide begin to embrace blockchain technology, paving the way for broader adoption and investment in digital assets.
Nifty Crosses 24,400 as Indian Stock Market Opens on a Positive Note
The market trend remained positive. As many as 1,291 stocks were seen trading in green on the National Stock Exchange, while 993 stocks were locked in the red.
Indian Stock Market Closes Positive, Focus Shifts to RBI’s MPC Decision
The banking stocks rose amid volatile sessions in the market, given the possibility of cash reserve ratio (CRR) cut by the central bank. The Sensex settled 80,956.3 as it rose 110.58 points or 0.14 per cent, the Nifty closed at 24,467.45, marking a gain of 10.30 points or 0.04 per cent.
Indian Stock Market Starts Strong, Nifty Surpasses 24,500
The market trend remained positive. At the National Stock Exchange, 1,851 stocks traded in green, whereas 409 stocks were red in colour.
Domestic Air Travel in India Expected to Soar with 7-10% Growth by FY25
During the first half of 2024-25, Icra said domestic air passenger traffic stood at 79.3 million with an annual growth of 5.3 per cent, that was partly marred by the severe heat wave and other weather-related disruptions.
India Sees 45% Surge in FDI to $29.79 Billion in April-Sept
The primary industries of the economy that benefited from FDI include services, automobile, computer software, IT hardware, telecom and pharmaceuticals and chemicals.
Demand for Retail Space in Malls and High Streets in Top 8 Cities Rises Nearly 5%: C&W Report
Data from real estate consultant Cushman & Wakefield indicates that the absorption or leasing of retail space in Grade-A malls and main high streets across the top eight cities stood at 5.53 million square feet during January-September 2024 against 5.29 million square feet in the corresponding period of the preceding year.
Adani Group CFO Denies Bribes, Asserts He Would Know if Large Cash Amounts Were Paid
"We are sure, 100 per cent, that nothing of this sort happened. Because if you are paying that much amount of cash to someone, I would certainly know," the CFO said reporters here on the sidelines of a Trust Group event.
Core Sector Industries Achieve 3.1% Growth in October
The cumulative growth rate of the Index of Eight Core Industries (ICI) for April to October, 2024-25 works out to 4.1 per cent with respect to the corresponding period of last year.
India Records 5.4% GDP Growth in Q2, Retains Status as Fastest Growing Economy
Although the GDP growth has slowed during the second quarter, India still remains the fastest growing major economy in the world as China recorded a 4.6 per cent growth during the July-September quarter.
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