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By Alexander Marrow

Bitcoin retreated from a six-week peak after a jump in bond yields dented demand for riskier investments.

HDFC Bank Ltd. is revamping some parts of top management as the Indian bank seeks to propel its mortgages business, three months after it acquired another lender.

Arun Maheshwari, Joint MD and CEO, JSW Infra, says: “Post this IPO, we are already virtually debt free because the cash from the IPO is taking care of it. Going forward, we will maintain a debt to EBITDA ratio of 2.5, net debt to EBITDA, which is still very healthy from an infrastructure point of view. We have a good enough cash flow coming in and the kind of projects we are looking at. A 2.5 net debt to EBITDA is a fair assumption in the coming years.” It was a good listing for JSW Infra and the stock saw follow-up buying after the listing. Could you spell out what kind of growth plans you are having within the company if one were to look at the next 2-3 -year road map? We have already laid down some of the proceeds of the IPO for growth prospects like LPG terminal or the container terminal modernization and upgradation in Mangalore. On top of it, as I said earlier, the government is coming up with a lot of bidding for the projects and we will continue to look at the opportunity. We have been bidding it and we will continue to look at this. On top of it, there are a couple of greenfield ports which we are looking at and going forward and probably in a couple of months time, we will know what exactly we are getting into, what are the biddings we are successfully getting over.

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Amidst a turbulent landscape for the world of cryptocurrency, Bitcoin price finds itself at the centre of various discussions. Trading at $27,593, it recorded a nearly 1.5% dip on Tuesday. As the month unfolds and the market leans into the positive momentum termed as "Uptober", challenges still loom on the horizon. 

A leading Argentinian presidential candidate says he will launch a CBDC if he is elected – putting him on a collision course with a pro-Bitcoin dollarization advocate.

₹26,000 crore in Bastar's Jagdalpur. He dedicated to the nation NMDC Steel Ltd's steel plant at Nagarnar. Addressing an event in Bastar today, PM Modi said, “Physical, digital, and social infrastructure are crucial parameters for a developed nation..." “Chhattishgarh is known for steel manufacturing.

₹10 crore, resulting in record-breaking sales. These numbers are poised to rise even further as we approach the festive season. Among the most significant beneficiaries of this anticipated surge will be the premium and luxury segments.

London | Partners at the UK arm of Deloitte will earn more than £1 million ($1.9 million) again this year despite a recent slowdown in demand.

Meta Platforms is considering charging $14 per month for ad-free subscriptions to Instagram or Facebook for European users, according to a proposal submitted to regulators, the Wall Street Journal reported on Monday. Meta has told regulators it hopes to roll out its subscription no ads (SNA) plan in the coming months for users in Europe, the report said, adding it will give users the choice between continuing to access Instagram and Facebook free with personalized ads, or paying for versions of the services without any ads.

UPI is a 24X7 instant payment system that allows you to transfer money in real time between two bank accounts. UPI Lite is an on-device wallet feature that allows users to make real-time small-value payments. "UPI and UPI Lite are both revolutionary in their own right.

A senior Russian politician says domestic firms will be using the digital ruble, the nation’s CBDC, in Latin America no later than 2025.

Carpooling apps in Bengaluru as well as in other cities across Karnataka must register with the transport department and operate under the state’s regulations, transport minister Ramalinga Reddy said on Monday. The minister refuted media reports that his department was planning to levy fines on car owners using the carpooling app in the state capital. Bengaluru has an estimated two million people employed in the technology, startup and BPO sectors for thousands of whom carpooling is a preferred option to get around in the traffic-laden city.

Wipro, Capgemini and LTIMindtree are among the leading IT companies in India that have begun nudging employees to be in office on all or at least 50% of the working days in a week, according to sources, in what could signal the end of the work-from-home era in the country’s tech sector. This push to return to office is being implemented by IT/BPM and some technology companies across the country through verbal and informal communication channels, the people cited earlier said, as the industry faces a client demand crunch due to the global macroeconomic crisis which is squeezing tech spending.

NeoGrowth is scouting for a potential buyer to either get acquired or sell a significant stake to a strategic investor, said two people in the know. The company is also open to a major funding round, as it got back to black in the last fiscal after two years of losses, induced by Covid-19.

Charlotte Sena disappeared two days ago during a family camping trip at Moreau Lake State Park in New York, sending authorities and volunteers into a frantic search. She was found safe and a suspect has been detained.

Leading Swiss asset management bank UBS has announced the debut of its first live pilot of a tokenized Variable Capital Company (VCC) fund on the Ethereum blockchain in Singapore. 

In recent times, the cryptocurrency ecosystem has been abuzz with talks about Bitcoin's (BTC) trajectory. This attention is further intensified by its notable 8% surge, sparking discussions about the potential onset of a new bull market. 

cash consequently recedes from the public sphere. But triple-sponsored payment digitalisation is not always a silver bullet. So, despite UPI — which was nurtured by RBI, catalysed by demonetisation, and last-miled by global ecommerce platforms and Big Tech — advancing at a scorching pace to record 10.59 billion transactions, aggregating ₹15.7 trillion in August, cash-in-circulation (CIC) continues to grow.