Search Results for: financial markets

Rs 2,000 crore WazirX hack: Govt probe on as millions of users seek refunds

WazirX's $234M Cyber Heist: A Deep Dive into the Aftermath

The Indian cryptocurrency exchange WazirX has been hit by a colossal cyber theft, with losses amounting to a staggering Rs 2,000 crore (approximately $234 million). The incident, which transpired in July 2024, has left millions of users in a state of limbo as they anxiously await the refund of their digital assets.

Oct 7, 2024

IPO market buzz continues next week with 3 new public issues

Stock Markets Today: Sensex trades higher amid positive global cues

Indian equity indices opened in the green on Monday following global cues from the US and Asian markets.

Oct 7, 2024

India Inc's business sentiment soars amid policy continuity, robust domestic demand

Buoyed by policy continuity and strong domestic demand, especially in rural India, business optimism has soared among India Inc and the industry remains bullish on business sentiments in FY25, a survey showed on Sunday.

Oct 6, 2024

RG Kar case: Sandip Ghosh's 10 confidant doctors expelled

The authorities of state-run R.G. Kar Medical College and Hospital in Kolkata have issued a notification announcing the decision to expel as many as 10 doctors, including interns, house staff and senior residents from the hospital.

Oct 6, 2024

Gold prices skyrocket amid Middle East tensions as Iran-Israeli War looms larger

Gold prices continue to rise amid heightened tension in the Middle East, as the precious metal saw a definitive surge this week. The Iran-Israel conflict has kept buyers position intact even after prices were overbought.

Oct 5, 2024

Improvement in employment rates and record foreign exchange reserves have further strengthened India's economic position

India created 1.7 Cr or 36% jobs between 2016-17 and 2022-23: Centre

Contrary to the claims of "jobless growth," the latest government data shows that employment in India increased by 36 per cent (17 million jobs) between 2016-17 and 2022-23.

Oct 5, 2024

Revolutionizing API Monitoring for Optimal Performance

Nikhil Bharadwaj Ramashastri's exploration of API monitoring innovations reveals that automated alerts and real-time notifications have become critical tools in maintaining high service efficiency.

Oct 4, 2024

Artificial Intelligence: Safeguarding Brand Integrity in the Digital Era

Safeguarding brand intellectual property in the digital marketplace is crucial, with AI technologies like image recognition, NLP, and LLMs offering comprehensive solutions

Oct 4, 2024

india, india forex reserves, rbi, foreign exchange reserves, fii, fpi, fdi, modi govt, arun jaitley, india trade

India's foreign exchange reserves this week cross $700 billion for first time

Despite geo-political uncertainties, the investors' confidence remained intact in India's growth story as the country's foreign exchange reserves surpassed $700 billion for the first time, reaching $704.89 billion in the week ending September 27, the Reserve Bank of India

Oct 4, 2024