NEW DELHI: The commerce department on Friday unveiled a new interest subsidy mechanism targeted at MSMEs, along with a corpus to guarantee loans to small businesses that export. The interest subsidy scheme, which has an allocation of nearly Rs 5,181 crore spread over six years starting the current fiscal, will offer a 2.75% subsidy on…
Bitcoin BTC$95,137.82 saw no bounce Friday, holding at session lows below $95,000 late in the U.S. day after a bruising week that dragged prices to their lowest since May. The largest cryptocurrency is again underperforming U.S. stocks, with major U.S. indices holding onto minor gains a few minutes prior to the end of trading. BTC…
GameStop’s (GME) bitcoin stack was worth $519.4 million at the end of the third quarter (Nov. 1), with the company recording a $9.2 million loss digital asset holdings during the period. Bitcoin BTC$92,418.95 fell from roughly $115,000 to about $110,000 during the three months ended Nov. 1. The video game retailer likely continued to hold…
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PPF is a government-backed investment which currently offers an interest rate of 7.1%. (AI image) Public Provident Fund or PPF is one of the most popular investment options available – and one that can make you a crorepati with disciplined investing. In fact if you were to start a PPF account by the age of…
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The Bank of Japan is preparing to raise interest rates at its December policy meeting, a shift that would lift the country’s benchmark rate to its highest level since 1995 and potentially reverberate through global risk markets, including crypto. People familiar with the matter told Bloomberg that policymakers are leaning toward a 25-basis-point hike to…
Gold prices declined in futures trade on Tuesday as traders booked profits and turned cautious ahead of the outcome of the US non-farm payrolls report, which is expected to offer fresh cues on the US Federal Reserve’s interest rate path. On the Multi Commodity Exchange (MCX), gold futures for February delivery slipped by Rs 341,…
The image is used for representation pupose only (AI-generated) On a busy afternoon in Old Delhi’s Parathe Wali Gali, Darshit Singh held up his phone and did something unusual.He didn’t hype the food.He critiqued it.The reel — an “honest review” of a legacy eatery and Daulat ki Chaat — crossed 7.3 million views. Messages flooded…
NEW DELHI: As the Rajya Sabha bid farewell to 59 MPs, PM Narendra Modi told retiring members there is no full stop in politics, while praising the service of senior MPs like H D Deve Gowda, Sharad Pawar and LoP Mallikarjun Kharge.Addressing the House, Modi said that on such occasions, “we rise above partisan differences,…
