Even the British mint participates in the NFTs
The British Treasury asks Royal MintThe UK Mint, Generating Non-Foldable Tokens (NFTs) is the guide you need to consider including a new emerging asset class in your investment portfolio. The bold assessment of James Green, European and Latin American director of DeVere Group, one of the world’s largest independent financial advisory, asset management and fintech […]
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Aer Lingus resumes operations to three US destinations
The Irish airline is offering a total of 14 routes to North American destinations from Dublin and Shannon this summer. Flights are made to Boston, Chicago, Los Angeles, Miami, New York (JFK and Newark), Orlando, Philadelphia, San Francisco, Seattle, Toronto and Washington. The new Airbus A321LR (the Long Range version of the A321neo, ed.) will […]
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Interest rate sensitive stocks trade mixed after the Reserve Bank of India kept its repo rate unchanged at 4%.
Shares of interest rate sensitive sectors such as the financial sector including banks, non-bank finance companies (NBFCs), housing finance firms (HFCs), microfinance institutions (MFIs), real estate and automobiles traded on a mixed note after the six-member monetary policy committee (MPC) kept The repurchase rate is unchanged at 4 per cent. The MPC also […]
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Adani Green stock is up 9%, hitting a new high ahead of the fund-raising board meeting
Shares of Adani Green Energy hit a new all-time high of 2,350 rupees, up 9 per cent on the Bahrain Stock Exchange in trading on Friday in an otherwise quiet market ahead of today’s board meeting to consider a fund-raising proposal. Shares of Adani Group surpassed the previous high of 2,325 rupees touched […]
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Gold falls as dollar rises amid Ukraine risks
Gold traded in a narrow range on Friday as the dollar rose on prospects of a aggressive interest rate hike by the US Federal Reserve, partially offsetting the safe-haven demand fueled by the escalating Russian-Ukrainian conflict. Spot gold settled at $1,929.52 an ounce by 0520 GMT. US gold futures were down 0.3% […]
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Bharat Dynamics zooms in 29% in 2 days on heavy volumes; New stock rising
Shares of Bharat Dynamics (BDL) surged 19 per cent to a new high of Rs 737.35 on the Bahrain Stock Exchange in Friday’s trading. The stock has risen 29 percent in the past two trading days amid the return of heavy trading volumes. 12:25 p.m.; The stock of the state-owned aerospace and defense […]
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Domestic gold exchanges face a tax hurdle, and are unlikely to start operations
Local gold exchanges face tax hurdles and until these issues are resolved they are unlikely to start operations. All three local exchanges have started the process of starting spot gold trading either as a piece on the existing exchange platform, or as a separate platform. NSE, the country’s largest stock, markets and […]
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ITC gains 4% to reach a 52-week high. Stocks are up 24% in 6 weeks
ITC gains 4% to reach a 52-week high. Stocks are up 24% in 6 weeks International Trade Center shares hit a 52-week high at Rs 265.90, up 4 per cent on the Bahrain Bourse index in trading on Friday, amid expectations of good profits. They have surpassed their previous high of Rs 265.30, which […]
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Equity mutual funds saw record inflows of Rs 28,000 crore in March
Mutual Funds (MFs) saw record inflows in March buoyed by strong stock markets and new fund offerings (NFOs). Data from the Mutual Funds Association of India (Amfi) shows that equity funds saw net inflows of Rs 28,463.49 crore, with the majority of the inflows coming into multi-cap funds. In March, the S&P BSE […]
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Gold calmed as expectations of an interest rate hike in the United States eased
Gold prices were caught in a narrow range on Friday between expectations of sharp increases in US interest rates and worries about rising inflation and the economic fallout from the Ukraine crisis. Spot gold settled at $1,931.53 an ounce by 0858 GMT but was up 0.4% during the week. US gold futures […]
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