Following bribery allegations against Adani Group Chairman Gayutam Adani and other senior officials, rating agency Moody’s on Thursday said such allegations are negative for the group companies. “When we assess Adani Group, we pay particular attention to the capital capacity of group companies to meet liquidity needs and their governance …
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Bitcoin rapidly approaches $100,000
Mumbai: Within a fortnight of Donald Trump’s re-election as President, the price of major crypto has reached close to one lakh dollars. In the last twenty-four hours, Bitcoin has shown a high above $98,000 and needs less than three percent price increase to reach the $100,000 mark. However, reports received …
Read More »Rupee hits low of 84.50 against dollar: Inflation rises
Mumbai: The rupee today reached a new low in the Mumbai currency market due to the sharp rise of the dollar against the rupee. The dollar today hit an intra-day high of Rs 84.50, a new high. The rupee came under pressure in the currency market today due to the …
Read More »Gold rises as Russia-Ukraine war tensions increase: Crude also rises
Mumbai: Gold prices continued to rise in the Mumbai jewelery market today while silver prices remained soft after opening higher. The news from the world market was fast. As the war between Russia and Ukraine escalated and crude oil prices rose, the world market saw active buying by funds in …
Read More »Sensex fell by 776 points in intra-day and reached the level of 77000.
Mumbai: The crisis rocked Indian stock markets today as a US court convicted Adani Group Chairman Gautam Adani, his nephew Sagar Adani and six others on charges of fraud worth Rs 2,029 crore and bribery of Indian officials. The last one and a half month has seen continuous selling in …
Read More »20% drop in net worth in a single day! Pushed back in the rich list
Adani Group is facing continuous losses after the allegations leveled by America against Adani Group Chairman Gautam Adani. Now it has come to light that his net worth has decreased. Shares of Adani Group companies fell by about 28%. After Thursday, there was a huge fall in the shares on …
Read More »Will gold reach beyond 80 thousand? Know the latest rates
At present the wedding season is going on. After Tulsi Vivah, the wedding season has started. Then buying gold on auspicious occasions has now started seeming like a dream for the common man. Because the price of gold is increasing day by day. When the price of gold had increased …
Read More »Sensex crosses 78 thousand, market closed with stormy rise
At the end of the last trading day of the week, there was a stormy rise in the stock market. While the stock market started with a rise this morning, at the time of closing both Sensex and Nifty closed on the green mark. Whereas, if we talk about Sensex, …
Read More »What are the allegations against Adani in the US court? White House’s shocking statement
What are the allegations against Adani in the US court? Now a new statement has come out from the White House on what effect these allegations may have on India-US relations. After the allegations leveled by the American court against Indian businessman Gautam Adani, the fear of increasing tension in …
Read More »Stock market boom, Sensex jumped 2008 points
After yesterday’s recession, a stormy rise is being seen in the stock market today on Friday. Today the market is open in the green. At that time, before the market closed at 3.30 pm, a stormy rise was seen in the Sensex. At 3 pm, Sensex is trading 2,008 points …
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