BLOCK Financial News

12.07 / 12:48

COST BTC BLOCK Bitcoin reports strain rights Amount of energy needed for Bitcoin mining has doubled in Canada this year, study finds

Canadians have used an enormous amount of electricity for Bitcoin mining this year, placing additional strain on the country’s power grid.

12.07 / 12:29

Citi BLOCK Citizens security Pool Equality International Mint Explainer: How easing NRI caps in Gift City funds will boost fund launches

Asset management companies (AMCs) in Gift City, Ahmedabad, are set for a major boost following a crucial regulatory change by the Securities and Exchange Board of India (Sebi). By eliminating the restrictive 50% cap on investments from Indians abroad in India-focused funds, Sebi has removed a significant hurdle that has long impeded the growth potential of these funds. For years, AMCs faced a stringent requirement: for every dollar accepted from non-resident Indians (NRIs) and overseas citizens of India (OCIs), an equivalent dollar had to be sourced from foreign investors.

01.07 / 01:13

UPS BLOCK Food wellness reports travelers How to save Rs 91,000 in tax using NPS, salary perks

Mumbai-based business analyst Sweta Chandra earns well, but also pays a high tax because her salary structure is not very tax-friendly, she doesn’t avail of all the deductions available to her, and invests in tax-inefficient options. TaxSpanner estimates that Chandra can save more than Rs.91,000 in tax if the taxable allowances in her salary are replaced with tax-free emoluments and her employer offers her the NPS benefit. She also needs to invest in the pension scheme on her own.

01.07 / 00:45

UPS Target BLOCK Strategy Trade Updates Stocks in news: JSW Infra, Stanley Lifestyles, SAMHI Hotels, Bank Of Baroda, IREDA

JSW Infra, Stanley Lifestyles, SAMHI Hotels, Bank Of Baroda, IREDA among others will be in focus due to various news developments. JSW Infrastructure Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project.

30.06 / 17:35

Citi Provident BLOCK reports isolate Department Rains hit parts of Jammu, massive landslide blocks Kishtwar-Paddar road as IMD issues warning

landslide blocked Kishtwar-Paddar road Sunday as light to moderate rains lashed isolated places in Jammu division, providing some relief to people from the scorching heat. Officials said the landslide, triggered by rains, hit Kishtwar-Paddar road near Patharnaki in Kishtwar district this afternoon, forcing suspension of vehicular movement.

30.06 / 14:21

markets Waves BLOCK Mobile WhatsApp Department Spectrum auction: DoT to issue demand note to Airtel, Vodafone Idea and Jio this week for payment

telecom department is expected to issue a demand note to telcos this week for payment of spectrum they bought in the just-concluded auction, according to a source. The auction — lasted for two days spanning seven rounds this time around — witnessed the sale of 141.4 MHz of radio waves for Rs 11,340.78 crore.

29.06 / 11:29

Provident BLOCK Waters Analysis Universities rock Secrets of life found by NASA's OSIRIS-REx mission: Surprising findings from Bennu asteroid sample

building blocks of life.

29.06 / 02:47

markets UPS BLOCK Citigroup WhatsApp Fidelity funds sell Rs 1,788-cr HCL Tech shares

MUMBAI: The US-based Fidelity Investments’ funds have offloaded shares in HCL Technologies worth 1,788.27 crore in a block deal on NSE Friday. More than 1.24 crore shares were sold at 1,440.5 each, amounting to 0.46% of the total shares of the company. ICICI Prudential Mutual Fund was the single largest buyer at 1,001 crore, followed by Morgan Stanley Asia Singapore PTE and Citigroup Global Markets Mauritius fund. Shares of HCL Technologies closed 0.42% up on NSE at 1,461 Friday.

28.06 / 12:15

BLOCK community wellness Bill students gatherings Schools Law limiting new oil wells in California set to take effect after industry withdraws referendum

A California law that bans drilling new oil wells near places like homes and schools will likely take effect in the coming days

28.06 / 06:25

markets BLOCK Man Opinion Trade Experts recommendations Shares of India Cements rally over 30% in one week as UltraTech deal impresses investors

India Cements have rallied 33% in this week so far attaining a new all-time high of Rs 308.10 in Friday’s session after a 24% stake of the company was bought by UltraTech Cement. Ace investor Radhakishan Damani and related entities had sold around 6.91 crore shares or about 24% stake in India Cements to Ultratech Cement through a block deal on Thursday.

28.06 / 05:39

BLOCK Platform Entertainment country Schools rights Meta says it may block news from Facebook in Australia

Facebook owner Meta is considering blocking news content from the platform in Australia if the government makes it pay licensing fees, a company representative told a parliamentary hearing on Friday. Meta's regional policy director Mia Garlick told lawmakers «all options are on the table» when asked if the company would block Australians from sharing news content to avoid paying fees.

28.06 / 04:35

markets UPS BLOCK Booking Trade Experts recommendations Sensex, Nifty hit fresh peaks once again; telecom stocks in focus

Sensex and Nifty on Friday rallied for the fifth consecutive day on Friday to scale fresh 52-week high amid buying across sectors and bluechips. Sensex rallied over 250 points to cross the 79,500-level, while Nifty also scaled a new peak of 24,124.25 in the morning session. Within the blue-chip Nifty50 pack, ONGC, Divi's Lab and Coal India were the top gainers by rallying around 2% each. Telecom stocks were in focus today after Reliance Jio and Bharti Airtel raised tariffs. Both the stocks were trading around 1% higher.

28.06 / 02:55

BLOCK Fighting security President reports rights EU releases Euro 1.9 billion for Ukraine, days after launch of accession talks

European Union on Thursday, disbursed Euro 1.9 billion for Ukraine amid its ongoing conflict with Russia. European Union President Ursula von der Leyen, said that the fund under the Ukraine Facility is aimed to keep the Ukrainian state running as they «fight for freedom.»

28.06 / 01:11

UPS BLOCK security WhatsApp Trade reports Stocks in news: HCL Tech, Polycab, SAMHI Hotels, Archean Chemical, Ambuja Cement

HCL Tech, Polycab, SAMHI Hotels, Archean Chemical, Ambuja Cement among others due to various news related developments. India Cements Ace investor Radhakishan Damani and related entities sold around 6.91 crore shares or about 24% stake in India Cements through a block deal to Ultratech Cement.

27.06 / 20:47

BTC BLOCK Digital Bitcoin show Equality Bitcoin Miner Profitability Has Plummeted Since The Halving

Bitcoin mining has become as cost-intensive as ever since the halving, with the asset’s “hashprice” at its lowest levels ever over the past two months, according to Hashrate Index data.

27.06 / 19:27

BLOCK Action Align President reports Department Panel's approval of liquefied natural gas export terminal puts more pressure on Biden to block it

What would be the nation’s largest export terminal for liquefied natural gas has won approval from a federal commission

27.06 / 15:39

COST BLOCK Ozon Justice country Courts Supreme Court blocks enforcement of EPA's 'good neighbor' rule on downwind pollution

The Environmental Protection Agency won't be able to enforce a key rule limiting air pollution in nearly a dozen states while separate legal challenges proceed around the country

27.06 / 15:39

markets UPS Provident BLOCK Justice Department Courts The Supreme Court rejects a nationwide opioid settlement with OxyContin maker Purdue Pharma

The Supreme Court has rejected a nationwide settlement with OxyContin maker Purdue Pharma that would've shielded Sackler family members who own the company from civil lawsuits over the toll of opioids but also would've provided billions of dollars to c...

27.06 / 15:39

BLOCK Action Fighting Barrett Ozon Justice Courts Supreme Court halts enforcement of the EPA's plan to limit downwind pollution from power plants

The Supreme Court is putting the Environmental Protection Agency’s air pollution-fighting “good neighbor” plan on hold while legal challenges continue

27.06 / 13:41

markets UPS BLOCK Manufacturing Opinion recommendations Radhakishan Damani sells 6.91 crore shares of India Cements to UltraTech for Rs 1,914 crore in block deal

Radhakishan Damani and related entities sold around 6.91 crore shares or about 24% stake in India Cements to Ultratech Cement through a block deal. The total stake sold by Damani and his entities comes to around 24% and the sale was done at an average price of Rs 277 apiece. Through the deal, Damani and his controlled entities bagged around Rs 1,914 crore.

27.06 / 09:43

markets Provident BLOCK Aviat Compilation Whirlpool show Promoters go on an encashment spree, raise ₹62,000 cr via stake sales in 2024

MUMBAI : Indian promoters have offloaded shares worth ₹62,000 crore in the first six months of 2024, the highest since 2019, showed data compiled by the markets data provider Prime Database. Promoters had raised 61,277 crore in the year-ago period. While promoters tend to go on an encashment spree during a bull run, this time most of them have sold their stakes at significant discounts to the previous day’s closing price.

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