Search Results for: currency

Uber hit with $2.4 bn net loss in Q3, but confident to return to normalcy soon

Ride-hailing company Uber witnessed wider losses to the tune of 2.4 billion dollars in the third quarter (Q3), owing to a drop in the value of its investment holdings and particularly in China-based online mobility firm Didi.

Nov 5, 2021

Sri Lanka farmers up in arms over fertiliser scarcity; India airlifts nano nitrogen

To help Sri Lankan government whose decision to go fully organic and ban chemical fertilisers has created the sudden crisis, India rushed two Indian Air Force planes with a consignment of nano nitrogen fertiliser

Nov 4, 2021

Haj 2022 will be fully online, with a 'swadeshi' touch: Everything you need to know

With an emphasis on 'Vocal For Local', Haj 2022 pilgrims will go with indigenous products, which will be bought in India.

Nov 1, 2021

Top cryptocurrencies that can become Bitcoin of the future; ETH, BNB among others [details]

Bitcoin is the most desirable and is currently available for about $60,000 (nearly Rs 45 lakh) per coin, but here are some cheaper alternatives for you to check out.

Oct 24, 2021

From $67K to $8,200; Bitcoin's flash crash on Binance US triggers panic [details]

Bitcoin has crossed $65,000 per coin for the first time against all odds and experts had predicted the cryptocurrency may touch $100,000 before the snafu triggered panic.

Oct 22, 2021

End digital wallet project, Facebook can't be trusted to manage payment system: US lawmakers

Sharpening the attack on Facebook, a group of US Democrats has asked Facebook CEO Mark Zuckerberg to end his digital wallet and cryptocurrency project, adding that the social network can't be trusted to manage cryptocurrency.

Oct 20, 2021

Bitcoin could cause the next financial crash: Bank of England Dy Governor

The crypto industry is currently worth e1.7 trillion, more than the crashed subprime mortgage market in 2008.

Oct 15, 2021

Dream11 suspends operations in Karnataka after FIR under new law; users to miss IPL playoffs

Dream11 suspends operations in Karnataka after FIR under new law; users miss IPL playoffs [details]

Ahead of the crucial IPL season, Dream11 decided to suspend its operations in Karnataka to allay users' concerns on their safety and security.

Oct 10, 2021

BSF foils another attempt to smuggle weapons from PAK; four pistols recovered [details]

Pakistan authorities repeatedly trying to smuggle weapons for terror outfits operating in J&K and the latest attempt in doing so was foiled successfully by the Border Security Force.

Oct 7, 2021

Rebound Galore: Rating agency Moody's changes India's outlook to stable

Additionally, Moody's confirmed India's another short-term local currency rating of P-3.

Oct 6, 2021

Kiran Mazumdar-Shaw is the founder of Biocon

"Grossly misrepresented facts" in Pandora Papers; Kiran Mazumdar-Shaw submits proof [full statement]

Biocon's Kiran Mazumdar-Shaw has issued a notification to the Secretary, BSE limited and the Secretary, National Stock Exchange of India Limited on September 4, in a bid to rubbish the Pandora Papers allegations.

Oct 5, 2021

NIA conducts searches at nine locations in Poonch; cracks down on misuse of cross-LoC trade [details]

The trade through two points on LoC was suspended in April 2019 following reports that it was being misused by terrorists, drug smugglers.

Oct 3, 2021

China's central bank deems all crypto transactions illegal; bans circulation in market [details]

The Chinese central bank further added that all kinds of cryptocurrencies, including Bitcoin and Tether are not "fiat" currencies, hence must be banned from circulation in the market.

Sep 24, 2021

Infiltration attempt foiled on LoC; three heavily-armed terrorists killed in Uri [details]

Killed terrorists were carrying Indian currency, eatables, five AK-47, eight pistols, 45 grenades, two UBGL and 24 grenades.