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Since the inception of the cryptocurrency market on May 22, 2010, marked by the purchase of two pizzas with 10,000 bitcoins in Florida, USA, the sector has seen remarkable growth. What began as a nascent market has ballooned into a colossal industry with an estimated value of around $1.4 trillion. By early 2023, this figure had soared to a staggering $2.5 trillion. The crypto world now encompasses over 11,000 varied cryptocurrencies, emerging as a center of groundbreaking applications and services.

dense to very dense fog conditions very likely in morning hours at isolated pockets of Punjab during next four days. The weather department has also warned of dense fog conditions very likely in morning hours at isolated pockets of Haryana during next three days. Additionally, fog alert has also been sounded over North Uttar Pradesh, Assam, Meghalaya, Nagaland, Manipur, Mizoram and Tripura during next two days and Odisha on 23rd and 24th December.

Sandip Sabharwal, asksandipsabharwal.com, says “the overall small and midcap universe is richly valued. On top of that, there is risk in the markets and globally also we have seen significant run-ups in markets, huge amounts of record inflows into funds in recent weeks. This typically indicates that some short-term top will be formed, which should give up in my view 5% to 7% from the top.” What have you made of this temporary blip that we saw yesterday and now the recovery thereof or was it really a temporary blip or do you think we have seen the peak in yesterday's high for this year? Sandip Sabharwal: This year it is very unlikely because it is just seven-eight days to go.

₹314.40 apiece following the company's 2023 production update. In a filing to the exchange on Thursday, the company announced that it had achieved a production of over 16 lakh tonnes in the current calendar year so far, marking another significant milestone for MOIL. This production figure represents a remarkable 26% increase compared to the previous record set in 2019.

Azad Engineering IPO: The initial public offering (IPO) of Azad Engineering Limited opened for subscription on 20th December 2023 and it will remain open for bidding till 22nd December 2023. This means Azad Engineering IPO will close today evening and investors have just one day in their hand to apply for the public issue. The aerospace components and turbines maker company has fixed Azad Engineering IPO price at ₹499 to ₹524 per equity share.

Residential sales in the first nine months of 2023 reached 196,227 units, which is 91% of the total sales in 2022. Interestingly, residential sales broke all records with average quarterly sales of over 65,000 units till the third quarter of 2023.

“We continue to champion the key theme of old economy sectors, which we believe will drive the market for at least the next two years," says Anirudh Garg, Partner & Fund Manager, INVasset, PMS In an interview with ETMarkets, Garg said: “The theme includes sectors like railways, defence, infrastructure, power, capital goods, and PSU banks,” Edited excerpts: Sensex touched 70K while Nifty50 was above 21K — we got a Fed boost towards the close of the week. What is your view on the market? Our stance remains firm on the ongoing secular bull market. Reflecting on our previous conversation, we highlighted the potential for market corrections down to the 200-day moving average, a scenario exemplified by the Sensex’s dip to 63k on October 26th.

LIC: The Department of Economic Affairs has granted the company 10 years to achieve a minimum of 25% public shareholding instead of the usual three years. It said the decision was taken in the “public interest". GMR Airports Infrastructure: Its subsidiary GMR Airports signed an agreement with the National Investment and Infrastructure Fund (NIIF) to invest ₹675 crore in the upcoming airport at Bhogapuram, Andhra Pradesh.

₹6,199 per gram. The Sovereign Gold Bond scheme presents an attractive option for those reluctant to acquire physical gold due to safety concerns. Investors in this scheme receive compensation at a fixed rate of 2.50 per cent per annum, paid semi-annually based on the nominal value.

Covid. "And I think we have enough data now from around the world to know that people who have suffered from Covid and, particularly those who have repeat infections, are more likely to get, for example, heart attacks, strokes, diabetes, dementia, depression, mental health problems, prolonged fatigue and muscle pain... inability to go back to their usual state of functioning," she told the news channel Dr Swaminathan added, as quoted by NDTV, "So I would say let's not take it lightly.

The fintech that has been winning bid after bid in the state-run retirement plan market, Vestwell, just got an additional $125 million in funding.

Singapore jumped to 965 in the past week, up from 763 the previous week. The number of patients admitted to intensive care units (ICU) went up from 23 to 32 in the same period. These are the highest numbers of new weekly hospitalisation and ICU admission for COVID-19 patients in 2023, TODAY newspaper reported on Thursday.

The latest release of sovereign gold bonds (SGBs) has attracted a surge of eager investors, both online and offline. The continuous growth of gold prices surpassing the current inflation rate has prompted individuals to invest their funds in gold.

RBI) foreign exchange reserves has dropped into negative territory after three years while the central bank seeks to balance the need for headline external buffers with liquidity drainage in a cash-strapped banking system. The RBI's net outstanding forward book — it represents proprietary dollar sales or purchases for a future date — turned negative in October. Mint Road is obligated to sell $14.6 billion dollars, latest data showed.

BSNL) has allegedly suffered a data breach as a threat actor has claimed to have “critical information” pertaining to the company’s users, ET has learnt. The threat actor using the alias ‘Perell’ has disclosed a “sample dataset” on a dark web forum, including sensitive details of fibre and landline users of BSNL. The dataset contains about 32,000 lines of data and the threat actor claimed that the total number of lines across all databases amounts to approximately over 2.9 million.

Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023.

America’s automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel

Asian shares have slipped after Wall Street slammed the brakes on its big rally following disappointing corporate profit reports and warnings that the market had simply gone too far, too fast

The Czech Republic’s central bank has cut its key interest rate to help the country's struggling economy

Angola says it’s leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year

The Court of Justice of the European Union has ruled that soccer’s governing bodies UEFA and FIFA acted contrary to EU competition law by blocking plans for a breakaway Super League