Investors
- Technology
8 US states sue crypto platform Nexo for lying to investors
New York: Cryptocurrency platform Nexo has been sued by New York, California and six other state regulators for failing to register with the state as securities and commodities brokers or dealers and…
- Stock Market
Investors lose Rs 13.30 lakh cr in four days of market crash
New Delhi: Equity investors’ wealth has tumbled by over Rs 13.30 lakh crore in four days of market plunge amid a sharp sell-off in global markets. Falling for the fourth straight day,…
- India
Moody’s slashes India’s economic growth forecast to 7.7% for 2022
New Delhi: Moody’s Investors Service on Thursday slashed India’s economic growth projection for 2022 to 7.7 per cent, citing dampening of economic momentum in coming quarters on rising interest rates, uneven monsoon,…
- Business
Domestic investor holding at all time high in June 2022 quarter
New Delhi: Share of domestic institutional investors (DIIs), which includes domestic mutual funds, insurance companies, banks, financial institutions, pension funds along with retail and High Net-worth Individual (HNI) investors reached an all…
- Business
Jefferies hits ‘buy’ button on Zomato for long-term investors
New Delhi: As food delivery platform Zomato saw its stock tumbling to an all-time low, global brokerage and research firm Jefferies has said it is time to buy as the stock can…
- World
Pakistan assures IMF over CPEC energy deals: Report
Islamabad: Pakistan has assured the International Monetary Fund (IMF) that it would try to receive concessions from the Chinese investors participating in the China-Pakistan Economic Corridor (CPEC) power plants in the shape of…
- Technology
‘Samsung has substantial upside potential on sound fundamentals’
Seoul: Investor sentiment has been unduly negative toward Samsung Electronics in light of the company’s strong performance and solid earnings forecast, a chief analyst at a local research firm has said. “I…
- Technology
Bitcoin heading to zero, China warns investors
Beijing: As cryptocurrencies reel under the global downturn, Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is “heading to zero”. The warning came as the…
- India
Indian investors lost Rs 1,000 cr to fake crypto exchanges: Report
New Delhi: Fake cryptocurrency exchanges have duped Indian investors of more than $128 million (nearly Rs 1,000 crore) as the global crypto market tanks, a new report claimed on Tuesday. Cyber-security company…
- Business
Domestic funds counter FII selling spree
New Delhi: While FIIs are on a selling spree in the Indian markets, domestic institutions, including mutual funds and insurance companies, have been acting as a buffer, driven by the large inflow…
- Technology
Dogecoin crypto investor sues Elon Musk for $258 bn in US
San Francisco: As millions of investors lose their hard-earned money in the global crypto meltdown, an American Dogecoin cryptocurrency investor has sued Elon Musk, Tesla and SpaceX for $258 billion for allegedly…
- Business
Investors shed Rs 5 lakh cr as Dalal Street witnesses bloodbath
New Delhi: Equity investors lost over Rs 5 lakh crore on Thursday as indices took a deep plunge due to the persisting high inflation in the US, below expected corporate earnings, amid…
- Technology
GST Council mulling 28% tax on Bitcoin, other cryptocurrencies
New Delhi: In what could further dampen the mood of crypto investors in the country, the goods and services tax (GST) council is mulling a 28 per cent tax on cryptocurrencies, at…
- Business
Investors likely to lose up to $545 mn worth Bitcoin in 2022
New Delhi: Bitcoin investors are likely to lose up to $545 million this year, owing to various reasons like forgetting passwords to their wallets or making a mistake in recording their “seed…
- Technology
Elon Musk may bring wealthy partners to acquire Twitter
San Francisco: As Twitter adopts the ‘poison pill’ strategy to stop Elon Musk from forcefully buying it, the Tesla CEO is reportedly speaking to investors who could partner with him on acquiring…
