SINGAPORE – Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally. The largest cryptocurrency by market capitalisation was firm in Asia morning trade at $62,000, having changed hands at as high … Read more
“If you look at the larger picture, we are looking for the PSUs, neither we get too complacent about the move which happened very recently nor we get too tense about what happened in last two or three trading sessions,” says Sandeep Tandon, CIO, Quant Mutual Fund.I would like to start our chat around the … Read more
The US Federal Reserve’s two-day monetary policy meeting will conclude later today, and at the end of it, the central bank is widely expected to leave the federal funds rate unchanged. According to the CME FedWatch tool, 98% of the respondents see the federal funds target range unchanged at 5.25-5.50%. So, a status quo on … Read more
Mumbai: Public sector banks are rushing to issue bonds in the coming weeks, capitalising on lower government bond yields that have made borrowing cheaper while tight liquidity and robust credit growth are spurring lenders’ demand for funds to meet loan needs. State Bank of India is set to kick off domestic bond issuances for 2024 … Read more
This article is a step-by-step guide to transfer your crypto from Binance to Indian exchanges. With the Financial Intelligence Unit (FIU) issuing show-cause notices to Binance and eight other offshore exchanges last week, Apple has delisted the app from its App Store & Indian telecom operators have blocked Binance and other exchanges website urls. Due … Read more
Mumbai: 2024 begins on an easier note for several foreign portfolio investors (FPI) betting on India. Among the offshore funds who were put off by the onerous disclosure rules imposed by the Indian capital market regulator, some now have a leeway. A number of FPIs that are pooled-vehicles from countries like Mauritius, Singapore, and Cayman … Read more
