Tuesday, June 19, 2018

Bitcoin is ‘worthless’ and will perform worse than stocks in the coming months, analyst...

Bitcoin is likely to fare worse than other assets in the coming months because it has no fundamental worth, Capital Economics said. While...

India Bans Bitcoin Wallets, Bank Funding, All Cryptocurrency Services

Don’t expect India’s 1.3 billion residents to be investing in Bitcoin or other virtual currencies any time soon. According to a report from the Economic...

Big infrastructure boost! Awarding of highway projects surges 70% to all-time high; next year...

According to CRISIL, of the total length awarded by the NHAI in financial year 2018, around 51 per cent was through engineering, procurement and...

Gems and Jewellery sector recovered post PMLA withdrawal; however witnessed some credit tightening

This year saw many developments in second biggest gold consuming country. Some major developments/events include implementation of GST, prevention of money laundering act (PMLA),...

NBFCs and HFCs fear Rs 2.2-trn NPA mess owing to note ban, Rera, GST

According to a report by property consultant JLL, as many as 440,000 residential units remained unsold across key cities at the end of 2017 Non-banking...

Nhai: Breakneck pace of India road awards may set Rs 1 lakh crore record

India has awarded road contracts at a “breakneck pace” in 2018, raising the prospect that orders will reach a record this financial year, according...

The Lesson From Stock Corrections Past? 200 Days of Pain

Remember the last time stocks fell so hard? You probably don’t, and that’s making today’s market seem harsher than it is. It’s a fact of...

How a farmer’s son lost the family’s farm and won it back by trading

‘If you personalise losses, you cannot trade’. This statement was made by Bruce Kovner who borrowed $3,000 on his credit card to trade. Today...

Meet Vishal Agrawal: A blind currency trader who makes money by listening

Feeling his way with a white cane, Vishal Agrawal, 29, reaches his foreign exchange trading desk on the fifth floor of Standard Chartered Plc’s...

US hikes anti-dumping duty three-fold on Indian shrimps, exporters in tizzy

The United States of America, the largest market for Indian seafood, has enhanced the anti-dumping duty on the shrimps to 2.34 per cent from...

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