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capital on Thursday amid a rally in precious metal rates in the global market, according to HDFC Securities. In the previous session, it had closed at Rs 71,850 per 10 grams. Silver prices also jumped Rs 400 to Rs 83,500 per kg. It had ended at Rs 83,100 per kg in the previous trade.

Researchers from blockchain forensic firm Elliptic, IBM Watson and MIT have together made advances in using artificial intelligence (AI) to identify money laundering on the Bitcoin blockchain.

Indus Towers collected an extra Rs 360 crore from Vodafone Idea (Vi) towards old dues including interest, but its trade receivables increased by Rs 430 crore sequentially in the FY24 March quarter, indicating a Rs 60 crore shortfall in collections from its key client, analysts said. They added that despite part-clearance of old dues, Indus’ trade receivables have risen sequentially to Rs 6,450 crore in Q4FY24 as the actual collection of Vi’s past outstandings happened in April 2024. “The Rs 430 crore increase in Indus’ trade receivables is due to a timing difference and the amount was subsequently collected in April,” Kotak Institutional Equities said in a research note.

Bitcoin mining firm Riot Platforms has announced a remarkable net income of $211.8 million for the first quarter of 2024, a staggering 1,000% increase compared to the same period last year. 

Indian stock market today: Global equities witnessed a strong rebound after the US Fed meeting, which signaled a willingness to go for a rate cut once there is an ease in the inflation concerns. On Dalal Street, the frontline Indian indices and broad market witnessed buying interest during morning deals, which are still underway.

The recent Lokniti pre-poll voter survey was played up in press reports for the wrong reasons. Voters’ party preferences got headlines, but pre-poll findings on party shares are always suspect because voters may not have finally chosen, or might not reveal their true choice even if they have. What the survey yielded of value was issues of concern to voters.

When Invesco decided to sell 60% stake to the Hinduja group earlier this month, it didn’t surprise anyone. That’s because only a handful of foreign fund houses have been able to grow in the country even though the Indian mutual fund industry has already topped Rs 50 trillion (Rs 54 trillion in FY24).

Asia’s factory activity weakened slightly in April, with output growth cooling and employment dropping in a sign of fragile confidence among manufacturers. Data from S&P Global indicates that Southeast Asia’s manufacturing economy continued to grow at the start of the second quarter, but signals about the sector’s health were mixed. The headline purchasing managers index stayed above the neutral 50.0 mark separating expansion from contraction for a fourth straight month in April, but slipped to 51.0 from 51.5 in March.

Indian Premier League (IPL) this year is truly living up to its reputation for excitement. From nail-biting matches to surprising upsets and the emergence of young talent, it's no surprise that cricket enthusiasts are abuzz with excitement. The IPL can provide valuable insights for investors in the stock market.

Breakout stocks today: The frontline indices of the Indian stock market extended their early morning gains as bulls are betting high after the US Fed chairman downplayed the US Fed rate hike buzz in the US Fed meeting on Wednesday. Buying in mid-cap and small-cap indices was also witnessed during early morning deals on Thursday. However, these gains are limited as frontline indices are still below their resistance level.

The majority of Canadian retirees are supporting their adult children financially, which they say is having a negative impact on their own finances, a new report has found.

As companies around the country roll out plans to honor May as Asian American, Native Hawaiian and Pacific Islander Heritage Month, a new report out Wednesday suggests members of those communities are paying more attention than ever to representation

Stock market today: Following strong global market sentiments after the US Fed chair downplayed the rate hike buzz in the US Fed meeting on Wednesday, the Indian stock market is expected to react to this overnight trigger. This US Fed news is expected to offer some relief to the global markets including Asian and the Indian stock markets today. On Wednesday, US dollar rates came under profit-booking pressure and the US dollar index came below the psychological 106 level.

Sensex declined 188.50 points, or 0.25%, to close at 74,482.78, while the Nifty 50 settled 38.55 points, or 0.17%, lower at 22,604.85. “We expect the market to continue its positive momentum supported by healthy Domestic Institutional Investors (DIIs) and retail buying and going Q4 result season," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. The Indian stock market was closed on May 1 on account of Maharashtra Day.

Back in 2019, blockchain analytics firm Elliptic published research with the MIT-IBM Watson AI Lab showing how a machine learning model could be trained to identify Bitcoin transactions made by illicit actors, such as ransomware groups or darknet marketplaces. Now the partners have put out new research applying new techniques to a much larger dataset, containing nearly 200 million transactions.

New research from Northwestern Mutual offers a revealing overview of how American parents are planning to finance their children’s college education.

As popular as private market investments are, particularly in the institutional space, nobody should expect them to become a staple fixture in people’s retirement plans anytime soon, according to new research from Cerulli.

Adani Power Q4 results: Net profit down 48% YoY to ₹2,737 crore, revenue up 30% According to Equirus Capital, Adani Ports will witness a 12.4 percent year-on-year decline in net profit, with figures dropping to ₹2,129.60 crore from ₹2,432.30 crore in the corresponding quarter of the previous year. Conversely, sales are expected to surge by 20.7 percent year-on-year, reaching ₹6,996.40 crore compared to ₹5,796.90 crore in the previous year. Furthermore, the EBITDA margin is anticipated to stand at 60 percent, marking a substantial increase of 377 basis points year-on-year.

Gold price retraces ₹3,500 from record high. US Fed meeting outcome in focus After reaching a nearly six-month high, the dollar softened by 0.2%, resulting in gold becoming more affordable for holders of other currencies. Additionally, benchmark U.S.

Indian stock market: The Indian stock market indices, Sensex and the Nifty 50, ended Tuesday, April 30, trading session in negative, attributed to a late-session selloff influenced by weak global cues. The stock market remained closed on Wednesday, May 1 on account of Maharashtra Day. On Tuesday, Sensex concluded the session 189 points lower, representing a decrease of 0.25 percent, settling at 74,482.78, while the Nifty 50 ended the day at 22,604.85, marking a decline of 39 points, or 0.17 percent.

New Delhi: In 2019, India was among the top five economically developing countries in terms of carbon dioxide (CO2) emissions from aviation, a new research has found. Calculating «nearly real-time» aviation emissions using global flight data, researchers found that overall, the US, China and Great Britain were the topmost contributors, with 22 per cent, 14 per cent and roughly four per cent share. However, among the economically developing countries, India was found to be the third biggest contributor with close to three per cent share in global CO2 emissions from aviation, following China at 14 per cent and the United Arab Emirates (UAE) at more than three per cent. The research team at the Norwegian University of Science and Technology also found that India's share in global CO2 emissions from domestic aviation was the third highest at 1.5 per cent.