The price of bitcoin rose above $20,000 for the first time Wednesday, as the speculative digital currency topped its previous peak reached shortly after it became tradable on Wall Street three years ago this month.
Addressing the annual general meeting of the Indian Chamber of Commerce (ICC), Sitharaman said that while in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in.
In a major banking fraud, prominent banks in the country have been cheated of over 500 crore rupees. The Central Bureau of Investigation (CBI) has registered two separate cases relating to the bank frauds.
The government has finalised GPS-based (Global Positioning System) technology toll collection to ensure seamless movement of vehicles across the country.
Ikea, the world's largest furniture retailer from Sweden, on Thursday said it will open its second store in the country in Navi Mumbai on Friday.
Scaling fresh intra-day records, equity benchmarks Sensex and Nifty inched higher in early trade on Thursday tracking gains in index majors Reliance Industries, HDFC twins and ICICI Bank amid persistent foreign fund inflows and largely positive trend in global markets.
The World Bank on Wednesday approved four India projects worth over USD 800 million to support development initiatives.
The Indian Railway Catering and Tourism Corporation (IRCTC) will begin the "Divine Maharashtra" tourist train services from January 8. The train journey will cover the prominent religious and heritage tourist destinations in central India.
Gold price gained Rs 215 to touch Rs 49,059 per 10 gram in the national capital on Wednesday supported by strong global precious metal prices, according to HDFC Securities.
Equity benchmarks Sensex and Nifty raced to new peaks on Wednesday as participants took note of continuously improving macroeconomic indicators and positive trends in global markets.
WhatsApp on Wednesday said it expects to facilitate the purchase of "affordable sachet-sized" health insurance through its platform by the end of the year as part of its efforts to provide users in India with greater access to financial solutions.
The company's stock got listed on Indian bourses on Monday and on the debut day itself it opened at a premium of over 87 per cent over the IPO price at Rs 112.50.
After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.
India's GDP growth is expected to be at (-) 7.4 per cent in FY21 on better than projected recovery, said a SBI research report, upgrading its earlier forecast of (-) 10.9 per cent. The report also believes that it would take seven quarters from the fourth quarter of FY21 for GDP to reach the pre-pandemic level in nominal terms.
Market experts said that Indian equities continued to trade at record-high levels, gaining confidence from improving domestic macro-economic indicators and positive global market outlook.
India's two and three-wheeler maker TVS Motor Company rolls out 17 per cent of BMW motorcycles from its Hosur factory, the German Consul General in Chennai has said.
A notice was issued to the bank asking why penalty should not be imposed for non-compliance with the directions issued by RBI.
The Department of Telecommunications (DoT) is looking to unleash the potential of spectrum and is exploring meaningful applications for 5G technology, a top official of the department said on Tuesday. The Department of Telecommunications (DoT) is looking to unleash the potential of spectrum and is exploring meaningful applications for 5G technology, a top official of the department said on Tuesday.
Flipkart Internet, which operates the B2C online marketplace, has seen its consolidated loss widen to Rs 1,950.5 crore for the financial year ended March 2020, even as revenue grew about 32 per cent, as per regulatory documents.
IT company Infosys on Monday said it will prefer a flexible "hybrid" work model going ahead in view of uncertainty around the pandemic situation and allow employees work from home or office depending on the condition.
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