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On Wednesday, Bitcoin traded at $61,949, up 0.65%, as the Federal Reserve’s hawkish stance on interest rates impacted its price outlook. Concerns over inflation and higher interest rates have dampened investor sentiment toward cryptocurrencies.

₹82 lakh) for underpayment of the employee health tax for the fiscal year ending December 31, 2020. Infosys disclosed in a regulatory filing that it received the order from Canada's Finance Ministry on May 9. “Penalty imposed on alleged underpayment of Employee Health Tax for the year ended December 31, 2020," as per the filing.

As AI moves into medicine, perhaps no one has more to gain or lose than radiologists, the doctors who review medical scans for signs of cancer and other diseases

Oberoi Realty jumped 7 percent to their record high of ₹1,629.15 apiece in intra-day deals on Wednesday, May 15, after the real estate developer posted robust earnings for the quarter ended March 2024 (Q4FY24). The Mumbai-based developer posted a 64 percent year-on-year (YoY) increase in its net profit to ₹788 crore as against ₹480.3 crore in the same quarter last fiscal. Meanwhile, its total income for the quarter under review surged 56 percent YoY to ₹1,558 crore.

Viral video shows real-life Bambi-Thumper from Disney; netizens say, ‘Art imitated life’ | Watch Media reports show that the campaign amassed ₹9 crore in three months. Hridyansh received the much-needed injection at the JK Lone Hospital in Jaipur, marking a milestone in his battle against SMA.

manufacturing have boosted the demand for logistics in India, with a staggering 13.5 million square feet in January to March 2024 compared from 11 million square feet in the year-ago period, say a recent Savills India report. The data revealed that leasing of industrial and warehousing spaces in Tier-I cities increased 25% to 10.5 million square feet during January-March 2024 from 8.4 million in the year-ago, while Tier II and III cities witnessed a 20% growth to 3 million square feet from 2.5 million square feet during the given period.

Ashish Kacholia portfolio: Balu Forge shares have been on a remarkable uptrend in recent sessions, marking it as one of the multibagger stocks the Indian stock market has delivered in recent years. In just one year, Balu Forge share price has surged from ₹106 to ₹312.95 apiece on BSE, providing a substantial 185 percent return to its positional investors. This Ashish Kacholia stock still holds promise, with more potential for growth.

₹996.65 apiece on Wednesday. Earlier this week, the company reported a 14% quarter-on-quarter drop in its consolidated Ebitda (earnings before interest, tax, depreciation, and amortization) to ₹2,444 crore during the three months ended March (Q4FY24). A decline in steel prices and an increase in some cost items weighed on profitability despite higher volumes.

₹2,72,241 crore of the capex allocated to the ministry of road transport and highways (MoRTH) in the budget has been spent. In the previous fiscal year, this level of spending was achieved only by the end of May. In FY24, the total capex outlay for MoRTH stood at ₹2,58,606 crore and actual expenditure at the end of May stood at ₹59,078 crore, or just over 22% of the outlay.

₹1,293.15 per share, reflecting a modest increase of 0.69% at 01:30 p.m. After initially surging by 2% during the early morning session in response to the company's Q4 and full fiscal year (FY24) results announcements, released after market hours on Tuesday, the stock failed to maintain its momentum as the day progressed. The company reported a significant decline in profit, which more than halved to ₹2,068 crore in the fourth quarter ended March 31, compared to ₹3,005.6 crore a year ago.

Many Canadian homeowners have felt the pain of higher interest rates when it’s come time to renew their mortgage, but a new report from Desjardins says if 10-year terms were more prevalent and attractive, it could have helped lessen the “payment shock.”

Maharashtra has identified 91 cases of the new Covid-19 Omicron subvariant KP.2, which has exceeded the previously prevalent JN.1 variant and is currently the main cause of infections in various countries. Pune recorded the highest number of KP.2 cases at 51, with Thane following closely behind with 20 cases, a TOI report stated. Maharashtra initially identified cases of the KP.2 variant in January. By March and April, it had become the dominant strain in the region. Dr. Rajesh Karyakarte, who is the genome sequencing coordinator for the state, observed that although there has been an increase in cases, there has not been a corresponding rise in hospitalizations or severe cases. The small increase in cases seen by the state in March, averaging around 250 detections, is probably a result of the transmission of the KP.2 variant, which originated from JN.1, the prevalent Covid strain at the end of 2023. Apart from Pune and Thane, seven cases were reported in Amravati and Aurangabad. Solapur had two cases, and Ahmednagar, Nashik, Latur, and Sangli each had one case of the KP.2 variant. It is notable that there were no cases reported from Mumbai.

Colgate-Palmolive (India) Ltd. dropped 3.63 per cent to Rs 2715.95 at 12:37PM (IST) in Wednesday's trade. The stock hit a high of Rs 2847.55 and low of Rs 2703.4 so far during the session. The stock had closed at Rs 2818.4 in the previous session. The counter had a total traded volume of 12:37PM shares so far with a turnover of Rs 5.22 crore on BSE. The stock traded at a price-to-earnings multiple of 60.33 and a price-to-book ratio of 27.81.

US district court has approved a stipulated dismissal agreement that lifts sanctions on more than 90 foreign nationals, many of whom are Indian, who were previously denied re-entry to the US or deemed ineligible for visas due to their association with an Optional Practical Training (OPT) fraud committed by their former employers. These students, who were victimized by fraudulent OPT employers, had faced severe repercussions, including being denied entry into the US and visa ineligibility. One affected individual from Chennai recounted being turned away by US customs officials after a brief vacation, simply because he had briefly worked for a blacklisted company certified for conducting OPT. Jesse Bless, an attorney representing the plaintiffs, told TOI's Lubna Kably that after extensive negotiations, the US Department of Homeland Security (DHS) agreed to review its records and confirmed that these former students are neither inadmissible to the US nor ineligible for visas solely based on their employment with fraudulent OPT companies. «With the inadmissibility lifted, these plaintiffs have now regained another opportunity to live and work in the United States,» Bless said.

Shares of Oberoi Realty jumped 7% to hit a 52-week high of Rs 1,629 in Wednesday's trade on BSE after the realty developer reported a 64% year-on year (YoY) rise in net profit at Rs 788 crore for the quarter ended March. In the corresponding quarter, the company posted a net profit of Rs 480.3 crore. Its revenue from operations increased by 36.8% to Rs 1,314.8 crore compared to Rs 961.4 crore in the corresponding period of the preceding fiscal.

Coal India and NMDC are exploring lithium mines in Chile and Australia, Secretary of Mines V.L. Kantha Rao said on Wednesday. The Indian mines ministry is also encouraging other state-owned companies, such as ONGC Videsh, to scout for critical minerals overseas, Rao told reporters at the sidelines of an industry conference in New Delhi. India will additionally take a delegation to Zambia in June, with executives from the Tata Group and Vedanta, he said. The two governments will discuss the joint exploration of critical minerals such as lithium.

Stablecoin issuer Circle plans to relocate its legal base from the Republic of Ireland to the US.

Digital asset investment firm BlockTower Capital faces a major setback after fraudsters compromised its main hedge fund.

Joe Biden on Tuesday implemented 100% tariffs on various Chinese products, including electric vehicles, advanced batteries, solar cells, steel, aluminum, and medical equipment. Throughout this decision, Biden criticised Donald Trump's previous approaches and argued that Chinese government subsidies give their companies an unfair advantage in global trade by allowing them to operate without the need for profitability. Also Read: China warns new US tariffs to ‘severely’ impact relations: Report However, an old tweet from 2019 by President Joe Biden, criticizing then-President Donald Trump's imposition of tariffs on $300 billion worth of Chinese imports, is resurfacing amid Biden's recent decision to implement significant tariffs on various Chinese products.

banana peel that Indian banks were slipping on, recalling that in 2020, RBI had put restrictions on HDFC Bank for technological inadequacies. Another article about the cost of digital banking, while failing to highlight its significant benefits in reducing transaction costs and enhancing financial inclusion, quoted various bankers who put the technology spend of banks at around 10% of their overall expenses.

A pod of orcas rammed another yacht sailing through the Strait of Gibraltar until it began taking on water and sank.