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PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
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Sector Update: Financial
Sector Update: Financial
Apr 26, 2024
01:25 PM EDT, 04/26/2024 (MT Newswires) -- Financial stocks advanced in Friday afternoon trading with the NYSE Financial Index rising 0.3% and the Financial Select Sector SPDR Fund (XLF) up 0.1%. The Philadelphia Housing Index climbed 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.6%. Bitcoin (BTC-USD) fell 1.2% to $63,691, and the yield for 10-year US...
US Stocks Higher Following PCE Inflation Data; Nasdaq Jumps Over 200 Points
US Stocks Higher Following PCE Inflation Data; Nasdaq Jumps Over 200 Points
Apr 26, 2024
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining by more than 200 points on Friday. Following the market opening Friday, the Dow traded up 0.20% to 38,162.13 while the NASDAQ rose 1.36% to 15,823.47. The S&P 500 also fell, dropping, 0.73% to 5,085.46. Check This Out: Top 4 Materials Stocks That May Explode In Q2 Leading and...
Sector Update: Energy
Sector Update: Energy
Apr 26, 2024
01:27 PM EDT, 04/26/2024 (MT Newswires) -- Energy stocks were retreating Friday afternoon, with the NYSE Energy Sector Index decreasing 0.5% and the Energy Select Sector SPDR Fund (XLE) down 1%. The Philadelphia Oil Service Sector index was posting a 0.7% increase and the Dow Jones US Utilities index was shedding 0.6%. Front-month West Texas Intermediate crude oil was rising...
US STOCKS-Wall St rises as Big Tech charges higher
US STOCKS-Wall St rises as Big Tech charges higher
Apr 26, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * March PCE data in line with estimates * Intel ( INTC ) down after dour Q2 forecast * Indexes up: Dow 0.25%, S&P 0.71%, Nasdaq 1.33% (Updated at 9:43 a.m. ET/1343 GMT) By Shristi Achar A and Shashwat Chauhan...
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UK Cabinet Reshuffle: Rishi Sunak calls up ex-PM David Cameron after sacking Suella Braverman
UK Cabinet Reshuffle: Rishi Sunak calls up ex-PM David Cameron after sacking Suella Braverman
Nov 13, 2023
British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.
BookMyShow cancels Shubh's India tour amid Khalistan controversy
BookMyShow cancels Shubh's India tour amid Khalistan controversy
Sep 20, 2023
India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.
Canada urges India to take Sikh leader's murder seriously, US 'concerned'
Canada urges India to take Sikh leader's murder seriously, US 'concerned'
Sep 19, 2023
Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.
Eric Clapton raises $2.2 mn for anti-vaccine Democrat US presidential candidate Robert F. Kennedy Jr
Eric Clapton raises $2.2 mn for anti-vaccine Democrat US presidential candidate Robert F. Kennedy Jr
Sep 20, 2023
Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.
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This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
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Bitcoin Rallies Toward $100K as Mexico and US Suspend Tariffs
Bitcoin Rallies Toward $100K as Mexico and US Suspend Tariffs
Feb 3, 2025
The massive volatility caused by the US tariffs against a few countries continues to impact the crypto market, but this time in the opposite direction after a positive development on the US-Mexico front. Bitcoins price, which had tumbled to under $92,000 earlier today, exploded by several grand in less than an hour to almost $100,000. A lot can and was...
South Korea’s Kimchi Premium Reaches 3
South Korea’s Kimchi Premium Reaches 3
Feb 3, 2025
The Kimchi premium, a price difference where Bitcoin trades higher on South Korean exchanges, has surged to 12%, its highest level since 2022. Unlike previous spikes driven by strong buying demand, this rise appears linked to broader market instability and currency shifts. Bitcoin Price Down, Kimchi Premium Up Over the weekend, the crypto market experienced a massive downturn that wiped...
Ripple (XRP) Price Predictions: ‘Buy the Dip’ Opportunity or Further Correction?
Ripple (XRP) Price Predictions: ‘Buy the Dip’ Opportunity or Further Correction?
Feb 3, 2025
TL;DR Some analysts see XRPs recent price plunge as a golden buying opportunity rather than a reason to panic. However, a massive 130 million XRP sell-off by whales raises questions about whether the correction is over or if more downside is ahead. Dont Let Fear Hold You Back As reported earlier today (February 3), the cryptocurrency market witnessed a substantial...
Bitcoin (BTC) Could Tank Below $75K if This Key Support Fails (Analyst)
Bitcoin (BTC) Could Tank Below $75K if This Key Support Fails (Analyst)
Feb 3, 2025
TL;DR Bitcoin (BTC) has tumbled by 10% since the start of February, with analysts warning that further declines to $80,000 or even $74,400 are possible if key support levels fail. Others suggest Trump’s tariff policies could drive demand for BTC as a hedge against inflation and currency devaluation. The Correction Might be Just Starting January was a highly successful period...
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