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Indian shares fell more than 1% in volatile trading today, dragged by a selloff in financial stocks, while the collapse of Silicon Valley Bank weakened sentiment. The S&P BSE Sensex dropped … Read More
Cryptocurrency firm Circle’s boss on Sunday said the firm would no longer be able to process minting and redemption through Signature Bank after it was shut by New York state … Read More
The Reserve Bank of India (RBI) had launched pilots in digital rupee in the wholesale segment (e₹-W) on November 1, 2022 and in the retail segment (e₹-R) on December 1, … Read More
Shares of Yes Bank Ltd fell as much as 12.7% to a seven-month low on Monday at the end of a three-year lock-in period that barred investors from selling stock … Read More
As many as 68,000 cases have been picked up for e-verification by the income tax department for underreporting of income in tax returns for 2019-20 fiscal, CBDT chief Nitin Gupta said … Read More
Gaming and sports media platform Nazara Technologies witnessed a drop in its shares after the company announced that two of its subsidiaries hold cash balances totalling around Rs 64 crore … Read More
The Indian arm of Hyundai Motor Co said on Monday it had signed a term sheet to buy General Motors Co’s plant in the western state of Maharashtra. The term … Read More
The rupee appreciated by 25 paise to 81.81 against the US dollar in early trade today, tracking positive sentiments in the domestic equity market and subdued dollar against major currencies. … Read More
In a step aimed at protecting the US economy by strengthening public confidence in the country’s banking system, the Biden administration has announced that depositors of the failed Silicon Valley … Read More
Welcoming the measures taken to fully preserve the insured and uninsured deposits at the now collapsed Silicon Valley Bank, the US India Strategic and Partnership Forum (USISPF) has said a … Read More