MUMBAI: Unilever, Levi’s and Tesla have at least one thing in common – Indian-origin chief financial officers. More than a dozen global giants – from Apple and Qualcomm to HSBC and Mastercard have CFOs of Indian descent, a study by global executive search firm Stanton Chase showed. Of the 20 (includes three former ones) such…
Gold and silver prices rose in futures trade on Friday, supported by firm global cues and increased investor expectations that the US Federal Reserve may deliver a rate cut next month.On the Multi Commodity Exchange (MCX), gold futures for December delivery gained Rs 596, or 0.47%, to Rs 1,26,100 per 10 grams in a turnover…
NEW DELHI: Congress on Wednesday extended its support to actor-turned-politician Vijay’s TVK after it emerged as the single largest party in the Tamil Nadu assembly elections, but failed to cross the majority mark.In a letter, the party which won 5 seats in the 243-membered assembly, said that its support will be conditional upon the TVK…
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Bitcoin BTC$78,358.92 traded back above $76,000 after a short-lived break of support, where it tested $74,000, highlighting the fragile balance between dip buyers and forced sellers in a market still short on “depth.” (CoinDesk) The quick V-shaped move stemmed from order book dynamics where liquidity has dried, allowing buy/sell trades to have an outsized impact…
It’s the digital asset treasury bubble in reverse as companies once hellbent on accumulating crypto on their balance sheets turn to digital asset sales in an effort to either prop plunging stock prices or reduce outstanding debt. ETHZilla (ETHZ), a Nasdaq-listed firm focused on building a reserve of the second-largest cryptocurrency, ether ETH$2,982.90, late Friday…
Benchmark equity indices gave up most of their intraday gains on Wednesday, with the Sensex ending marginally higher and the Nifty closing in the red as renewed hostilities between the United States and Iran dampened investor sentiment.The 30-share BSE Sensex rose 64.42 points, or 0.09%, to settle at 73,983.18.The index had surged as much as…
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The Cabinet has approved a 2 per cent increase in Dearness Allowance (DA) for Central government employees, as per sources.The Cabinet also approved Soverign Maritime Fund with corpus of Rs 13,000 crore, for stable and affordable insurance cover for Indian-flagged, India bound and India-originating vessels(This is a breaking copy) Source link
