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Bitcoin surpasses $60,000 for 1st time in two years. Why is it rising?

Published on Feb 29, 2024 11:48 PM IST

Bitcoin rose as much as 5.12% to $63,649 by 9:30 am (local time) in New York.

A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017.(Reuters)

What does Bill Gates think about PM Modi's vision for India? He replies…

Microsoft co-founder Bill Gates said the strength of India in terms of economic growth and innovation is very exciting.

A file photo of Microsoft co-founder Bill Gates with Prime Minister Narendra Modi(GatesNotes)
Published on Feb 29, 2024 08:40 PM IST

India's GDP grew by 8.4 per cent in December quarter

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday

India's GDP grows by 8.4 per cent in December quarter
Updated on Feb 29, 2024 07:29 PM IST

Fiscal deficit at Jan-end touches 63.6 pc of full year target, says govt data

For 2023-24, the government's fiscal deficit is estimated at ₹17.35 lakh crore or 5.8 per cent of the GDP

The government's total receipts stood at <span class='webrupee'>₹</span>22.52 lakh crore (81.7 per cent of corresponding RE 2023-24 of total receipts) as of January 2024
Published on Feb 29, 2024 05:19 PM IST
PTI |

Snowflake's Sridhar Ramaswamy latest Indian-origin CEO. Who are others?

Ramaswamy joins Satya Nadella (Microsoft), Sundar Pichai (Google), and others, as yet another Indian-origin leader of a global company.

New Snowflake Inc. CEO Sridhar Ramaswamy (Image courtesy: Snowflake)
Published on Feb 29, 2024 03:47 PM IST
By, New Delhi

FASTag KYC deadline ends today. How to update your details? Check here

Failure to update your FASTag KYC details by February 29 could result in your bank deactivating or even blacklisting your account.

NHAI has introduced the
Published on Feb 29, 2024 03:39 PM IST

Sensex adds 195 points to close at 72,500, Nifty at 21,983

In Asian markets, Seoul, Tokyo and Hong Kong settled lower while Shanghai ended in the green.

BSE Sensex (File Photo)
Published on Feb 29, 2024 03:36 PM IST
PTI |

Bitcoin soars, set for biggest monthly jump since December 2020

Bitcoin, the largest cryptocurrency by market capitalisation, is within range of a record high as cash rushing to listed bitcoin funds propels a sweeping rally.

Representation of bitcoin cryptocurrency is seen in this illustration
Updated on Feb 29, 2024 08:11 PM IST
Reuters |

Exicom Tele-Systems IPO day 3: Check GMP, other details on last day of bidding

The company aims to raise ₹429 crore through the IPO.

After the first two days of bidding, the public issue was booked 27.78 time (Representational Image)
Published on Feb 29, 2024 01:01 PM IST
By, New Delhi

Bengaluru entrepreneurs ‘too decent’ unlike those in Delhi, Mumbai: Sitharaman

The Union finance minister also hailed the city' taxpayers for their contributions in building a strong and ‘Viksit Bharat.'

Union finance minister Nirmala Sitharaman (HT Photo)
Published on Feb 29, 2024 12:07 PM IST
By, New Delhi

Markets ‘spooked’ by AMFI's advisory to protect investors. Here's why

The advisory asked asked asset management companies (AMCs) to bring in a policy to protect investors in small and midcap segments.

Representational Image
Published on Feb 29, 2024 10:54 AM IST
By, New Delhi

Mukka Proteins IPO subscription available from today. Check details

Mukka Proteins IPO: March 4 is the deadline to subscribe to the public offer.

IPO stands for Initial Public Offering and it is when the promoters of the company in question for the first time want to raise additional funds by offering shares of the company.
Published on Feb 29, 2024 09:28 AM IST
By, New Delhi

Sensex opens in green at 72,400 points, Nifty at 21,929

In Asian markets, Seoul, Tokyo and Hong Kong traded lower while Shanghai quoted in the green.

Sensex, Nifty latest Updates.
Published on Feb 29, 2024 09:21 AM IST
PTI |

Bitcoin surges past $60,000 with enthusiasts eyeing record highs

Bitcoin, the largest cryptocurrency has jumped more than 45% already this year.

A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017.(Reuters)
Updated on Feb 29, 2024 12:30 AM IST
Bloomberg |

PM Modi releases PM-Kisan's 16th installment: Here’s how to check status online

All the beneficiaries were required to complete their account eKYC compliance in order to get the installment.

The 16th installment of the PM-Kisan programme was released on Feb 28, 2024.(Representative image)
Published on Feb 28, 2024 10:55 PM IST

Stock market today: Wall Street drifts as bitcoin bounces again

Stock market today: Wall Street drifts as bitcoin bounces again

HT Image
Published on Feb 28, 2024 10:54 PM IST
AP |

BNP Clients Are Piling ESG Billions Into Money Market Funds

BNP Paribas Asset Management says ESG clients have been piling into money market funds, drawn by the allure of stable returns in cash-like instruments.

HT Image
Published on Feb 28, 2024 10:50 PM IST
Bloomberg |

ECB Says Banks Need to Improve Trading Client Risk Controls

European banks need to improve their ability to manage the risks they face in dealing with clients such as hedge funds, according to a top regulatory official.

HT Image
Published on Feb 28, 2024 10:37 PM IST
Bloomberg |

Reliance consumer partners Sri Lankan beverage maker Elephant House

Reliance consumer partners Sri Lankan beverage maker Elephant House

HT Image
Published on Feb 28, 2024 10:27 PM IST
PTI |

Starbucks’ Surprise Labor Pivot Could Spur a New Unionization Wave

Starbucks Corp.’s new commitment to work with its main union to end hostilities and hash out a fair process for labor organizing is a landmark moment for labor relations — both at the coffee chain that’s long resisted organizing, and far beyond it.

HT Image
Published on Feb 28, 2024 10:26 PM IST
Bloomberg |

Startup Ideogram Raises $80 Million for AI Image Generation

The startup excels at generating AI images that include legible text. 

HT Image
Published on Feb 28, 2024 10:21 PM IST
Bloomberg |

Reliance, Disney announce media assets merger, Nita Ambani to chair venture

The media undertaking of Viacom18 will be merged into Star India Private Limited through a court-approved scheme of arrangement.

Reliance Foundation Chairperson Nita Ambani.(PTI)
Published on Feb 28, 2024 07:38 PM IST
ANI |

Sunil Bharti Mittal conferred honorary Knighthood by King Charles III

Bharti Enterprises founder and chairman Sunil Bharti Mittal said in a statement that he was “deeply humbled” by the gracious recognition from King Charles.

Sunil Bharti Mittal, chairman of Bharti Enterprises Ltd(Bloomberg)
Published on Feb 28, 2024 05:21 PM IST
PTI |

Sensex plummets 790 points to close at 72,305, Nifty at 21,951

In Asian markets, Seoul settled with gains while Tokyo, Shanghai and Hong Kong ended lower.

Representational Image)
Updated on Feb 28, 2024 04:21 PM IST
PTI |

Stock market crash today: What led to the steep fall in Sensex stocks?

Sensex crash today saw the benchmark index losing 795.5 points to settle at 72,299 level.

Representational Image
Updated on Feb 28, 2024 05:36 PM IST

Dubai government to list public parking business, plans to sell 25% stake

The subscription period will open on March 5 and is expected to close March 12.

A man and a child ride a personal watercraft near the Dubai skyline featuring the landmark Burj Khalifa skyscraper, the world�s tallest building, on February 13, 2024. (Photo by Giuseppe CACACE / AFP)
Published on Feb 28, 2024 01:47 PM IST
Bloomberg |

Employees in these sectors may get highest pay hikes this year, survey finds

The survey, conducted by HR consulting firm Mercer, covered 1474 companies, and over 6000 job roles.

Representational Image
Updated on Feb 28, 2024 04:30 PM IST
By, New Delhi

Engineering college students facing placements crisis, TCS offers some relief

TCS, Accenture have either made or are on the verge of making job offers to engineering graduates from the Class of 2024, according to a report.

Tata Consultancy Services (Abhijit Bharlekar/Mint file photo)
Updated on Feb 28, 2024 06:18 PM IST
By, New Delhi

Nita Ambani to chair Reliance-Disney merged entity: Reports

Bodhi Tree promoter Uday Shankar, an ex-Disney top executive, is likely to be the vice-chairperson.

Nita Ambani (left) is the chairperson and founder of Reliance Foundation which is the philanthropic arm of her husband, Mukesh Ambani’s (right) Reliance Industries Limited. (File Photo)
Published on Feb 28, 2024 09:45 AM IST
By, New Delhi

Sensex opens in green at 73,104, Nifty at 22,198

In Asian markets, Seoul quoted with gains while Tokyo, Shanghai and Hong Kong traded lower.

Representational Image
Published on Feb 28, 2024 09:19 AM IST
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