Bitcoin reclaims $31k level after weeks of languishing; Ether rises 5.6% – Business Standard

“Bitcoin’s fundamentals and technicals have both been improving over the last few days. Bitcoin has been trading around the $30,000 level for weeks now, defying predictions of a potential further decline but also struggling to gain upward momentum as the broader US market has also taken a beating. “Bitcoin has stabilized over the past few […]

Blue Dart Express bucks trend after Q4 PAT jumps 52% YoY | Business Standard News

Healthy top-line growth with better realization, continued cost efficiency program and financial re-engineering helped the company to improve margin during the quarter as well as financial year 2021-22 despite challenging geopolitical situation. Blue Dart Express managing director Balfour Manuel said: “Throughout the year, we have shown outstanding resilience, responsiveness and reliability for all our stakeholders, […]

Now, Central African Republic says Bitcoin is its official currency | Business Standard News

“By legaliding the use of Bitcoin, CAR hopes to attract investors,” he said, adding that its use would ease money transfers that can “sometimes be complicated in our country.” The country is following the lead of El Salvador, which in September became the first nation to introduce Bitcoin as legal tender. Business Standard has always […]

Intellect Design Arena bucks trend after collaboration with Microsoft | Business Standard News

Manish Maakan, CEO, iGTB said: “This collaboration with Microsoft allows just that:security and worry-free scalability while allowing the bank to launch products 3x to 4x faster, deploy updates and enhance the customer experience quickly and easily. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to […]

Nifty hovers below 17,300; media stocks buck trend | Business Standard News

The NSE’s India VIX, a gauge of market’s expectation of volatility over the near term, rose 1.44% to 18.11. Adani Ports and Special Economic Zone rose 3.76% to Rs 882 after the company announced the acquisition of Ocean Sparkle, India’s largest third-party marine services provider. Business Standard has always strived hard to provide up-to-date information […]

Another Imran Khan conspiracy unveiled: Maryam on PTI’s Twitter trends | Business Standard News

The PML-N spokesperson said the trends instigated hate speech and online violence. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult times arising out of Covid-19, we […]

Market outlook: What will dictate market trend this week? | Business Standard News

Equity markets ended the holiday-shortened week on a tepid note as rising bond yields, coupled with expected monetary tightening, high crude oil prices and anxiety ahead of Q4 results, back home, weighed on the investor sentiment. On the earnings front Mindtree, ACC, L&T Infotech, Tata Elxsi, HCL Technologies, ICICI Lombard, L&T Technology, Nestle, Hindustan Zinc, […]

Intel commits to net-zero emissions in its global operations by 2040 | Business Standard News

As one of the world’s leading semiconductor design and manufacturing companies, Intel is in a unique position to make a difference not only in our own operations, but in a way that makes it easier for customers, partners and our whole value chain to take meaningful action too,” said Pat Gelsinger, Intel’s chief executive officer. […]

CBI refutes reports claiming FBI team in India to probe ‘bitcoin scam’ | Business Standard News

“Accordingly, the question of according any permission for the probe by Competent Authority in India does not arise. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult […]

Google Search to help people get to original source of trending story | Business Standard News

“This label will appear on Top Stories. You will be able to find it on anything from an investigative article, to an interview, an announcement, a press release or a local news story, as long as other publishers indicate its relevance by linking to it,” said Nidhi Hebbar, Product Manager at Google. Business Standard has […]

EKI Energy adds over 27% in five days | Business Standard News

“Cookstoves are uniquely designed metal stoves, which will have a thermal efficiency of 25%-35%, helping to reduce burning of the wood required for cooking food. EKI Energy Services is a leading company in the carbon credit industry in India with an established global footprint. Business Standard has always strived hard to provide up-to-date information and […]

Nifty trades below 17,000 mark; ONGC bucks trend | Business Standard News

The benchmark indices were trading with steep losses in afternoon trade amid weak global cues. There are concerns that rising tensions in Eastern Europe will boost crude oil prices and could spark global supply chain disruption, resulting in rising input costs. The two self-proclaimed rebel republics of Donetsk and Luhansk, whose independence Moscow recognised on […]