Editorial Why Did The Cryptocurrency Markets Crash? What Next? Cryptocurrencies have crashed. This time in a manner never seen before. The last time we saw Bitcoin was down ~32%, Ethereum down by ~40%, and Dogecoin down by ~41%. The crash has wiped out nearly USD 1 trillion of investor wealth globally. That is nearly Rs 73 lakh crore to speak in Indian Rupee(INR) terms. […] Written by Maarg Vaidya May 24, 2021May 24, 2021
Editorial Dogecoin: The Story and Lessons from Rise to Fall Dogecoin is a familiar name in the meme world and the cryptocurrency market. It is an alt-coin or an alternative coin. However, its humorous purview shouldn’t be taken for granted. After all, the meme cryptocurrency is worth more than the auto-manufacturer Honda. Backed by Elon Musk, the currency is bigger than his own company, SpaceX. […] Written by Maarg Vaidya May 12, 2021May 12, 2021
Market News Top 10 News Govt to Sell Entire 26.12% Stake in Tata Communications – Top Indian Market News Govt to sell entire 26.12% stake in Tata Communications The Indian government will sell its entire 26.12% shareholding in Tata Communications Limited (TCL). It will sell up to 4.59 crore equity shares (forming 16.12% shareholding) of TCL through an offer for sale (OFS) via stock exchanges. The remaining 10% stake will be sold to Tata […] Written by Cherian Varghese March 13, 2021March 13, 2021
Market News Top 10 News Top Global News Bitcoin nears Trillion-Dollar Market Cap! – Top 10 Global News 1. Stocks Steady as Earnings Take Focus Off Bonds Stocks in Europe snapped their longest streak of losses since October as Treasuries steadied, while attention shifted to corporate earnings and economic data. Oil added to recent losses. The Stoxx Europe 600 index fluctuated before heading higher for the first time in four days. Futures on […] Written by Jaseel Muhammed February 19, 2021February 19, 2021
Editorial What is Bitcoin? How it Works, Advantages and Legalities Since its ‘mysterious’ entry almost 12 years ago, Bitcoin has become one of the most highly discussed topics in the world. Let us take a look into the why’s and how’s of Bitcoin’s popularity. Bitcoin is a digital currency that was created in January 2009. It provides secure global transactions very quickly and without third-party […] Written by Cherian Varghese January 16, 2021February 20, 2021
Market News Top 10 News Top Global News Saudi – Qatar Normalize Relations – Top 10 Global News 1. Stocks Fluctuate Amid Key Georgia Senate Runoffs Stocks wavered amid key elections in Georgia that will decide which party controls the U.S. Senate for the next two years, setting the scope of President-elect Joe Biden’s agenda. The S&P 500 swung between gains and losses after posting its worst start to a year since 2016. […] Written by Jaseel Muhammed January 5, 2021January 5, 2021
Market News Top 10 News Top Global News Bitcoin Crashes as Crazy Rally Ends – Top 10 Global News 1. Stocks Climb Toward Record While Bonds Decline Stocks rose on speculation that widespread vaccine distribution and government stimulus will reignite economic growth and boost corporate profits. The dollar fell toward an almost three-year low. Markets shrugged off concern over a surge in global coronavirus cases and the threat of more stringent restrictions amid a […] Written by Jaseel Muhammed January 4, 2021January 4, 2021
Market News Top 10 News Top Global News U.S. Pitches China’s Belt & Road Alternative – Top 10 Global News 1. Record Equity Rally Eases while Treasuries Advance The global stocks rally eased on Friday as investors assess valuations following a record rise in equities this month and the enduring pandemic in parts of Europe and the U.S. Oil retreated amid rising tensions among OPEC+ members. Futures on the S&P 500 edged higher amid lower-than-average […] Written by Jaseel Muhammed November 27, 2020November 27, 2020
Market News Top 10 News Top Global News Elon Musk World’s 2nd-Richest Man now – Top 10 Global News 1. Cyclicals Lead Global Stocks Higher; Dollar Drops Cyclical companies are powering global equities higher for a second day as investors cheered the start of U.S. President-elect Joe Biden’s formal transition and the prospect for more economic stimulus. Futures on the S&P 500 outpaced contracts on the tech-heavy Nasdaq as investors doubled down on economically […] Written by Jaseel Muhammed November 24, 2020November 24, 2020
Market News Top 10 News Top Global News Boeing 737 MAX allowed to fly – Top 10 Global News 1. U.S. Stock Futures Rise U.S. equity futures and European stocks rose on signs that scientists are making fast progress toward a vaccine. Bitcoin surged past $18,000 for the first time since December 2017. Pfizer gained 2.8% in pre-market trading after saying that its Covid-19 vaccine was 95% effective with no significant safety problems so […] Written by Jaseel Muhammed November 18, 2020November 18, 2020
China’s Attack on Edtech Companies: Explained As part of their continued crackdown on tech companies, the Chinese government has asked after-school tutoring institutions in the education technology (ed-tech) sector to convert into not-for-profit entities. Ed-tech companies would also be barred from raising funds, launching a public issue (IPO), or acquiring other educational services. This has led to a massive sell-off of […] Written by Cherian Varghese July 29, 2021July 29, 2021
Rolex Rings IPO: All You Need To Know It’s raining IPOs once more! Rolex Rings Limited has decided to get listed. Its IPO begins today on July 28 and ends on July 30. Rolex Rings makes bearing rings and automotive components that are used in all sorts of vehicles as well as other industrial processes. The company has big names like Ford and […] Written by Maarg Vaidya July 28, 2021July 28, 2021
Glenmark Life Sciences IPO: All You Need to Know The IPO frenzy continues! Glenmark Life Sciences has launched its three-day IPO today— July 27. It is a subsidiary of Glenmark Pharma, one of the leading Indian pharmaceutical companies. In this article, we take a closer look into the company and its IPO. Company Profile – Glenmark Life Sciences Ltd Glenmark Life Sciences Ltd (GLSL) […] Written by Cherian Varghese July 27, 2021July 27, 2021
