Mutual Fund or Bank deposit ?
Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022.Source: NYSEGrayscale, the asset manager running the world's largest bitcoin fund, met privately with the Securities and Exchange Commission last week in an effort to persuade the regulator to approve the conversion of its flagship fund into an ETF,
Read More
Luis Alvarez | Digitalvision | Getty ImagesInflation is hovering near 40-year highs. The Consumer Price Index, a key inflation metric, increased 8.3% in April from a year ago, the largest jump since the summer of 1982, the U.S. Department of Labor said Wednesday.While a slight reduction from the 8.5%
Read More
Will cross 300 CR ARR in Premium this fiscal Hyderabad, 11 May 2022: In 8 months insurejoy.com has grown 5X with over 100 products offered by 30+ insurance partners. The company has created a significant presence in 80 cities, with 800+ employees and is also recruiting
Read More
Teslacoin is a crypto trading robot that promises to trade Bitcoin and other digital currencies profitably on your behalf. The platform uses artificial intelligence to spot trade setups and act on them without any intervention on your part. Teslacoin doesn’t provide information about its success rate, which can
Read More
New Delhi: Lenders have agreed to extend the last date to submit bids for the resolution of debt-ridden Reliance Capital Ltd by a month till June 30 as bidders have given cold response so far, sources said. Committee of Creditors (CoC) had earlier fixed May 26 as the last
Read More
Check out the companies making headlines before the bell:Wendy's (WEN) –Wendy's reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and labor, and its
Read More
Education-focussed NBFC Avanse Financial Services registered its highest ever disbursal of Rs 2,927 crore in 2021-22 on the back of revival in demand for loans in the post-pandemic economy. The new age technology driven non-banking financial company (NBFC) had assets under management (AUM) of Rs 4,836 crore at the
Read More
Bitcoin, the world's largest cryptocurrency, has fallen over 50% since setting an all-time high of nearly $69,000 in November.Dan Kitwood | Getty ImagesThe two main tokens from embattled crypto project Terra are now in freefall.UST, a so-called stablecoin that's meant to maintain a $1 peg, plunged more than 60%
Read More
Although Shanghai began in mid-April to prioritize several hundred companies for resuming work, foreign business organizations have said that doesn't mean the factories can operate at full capacity.Tian Yuhao | China News Service | Getty ImagesBEIJING — Auto production plunged in April as Covid lockdowns halted nearly all non-essential business
Read More
Fresh vegetable prices rose by 24% year-on-year in April as consumers stocked up to prepare for potential stay-home orders. Pictured here is a delivery driver for Alibaba's Hema Fresh supermarket in Beijing on May 10, 2022.Jade Gao | Afp | Getty ImagesBEIJING — China's consumer and producer prices rose
Read More