Trade Financial News

The crypto community remains abuzz with discussions of an upcoming halving event, despite the recent downturn in the market. While consensus suggests that halving has not fully priced in, the current retracement in Bitcoin price is viewed by some as the last chance to buy the dip before altcoin markets take off.

SBI Cards has declared an interim dividend of Rs 2.5 per share for the financial year ending 2023-24. The company has also fixed a record date of March 28 for the proposed dividend. «The Board of the company declared an interim dividend of Rs 2.5 (25%) per equity share for the financial year 2023-24,» the company said in a filing.

Congress on Tuesday alleged that India's farmers have faced 10 years of «anyay-kaal» with the agriculture ministry being a «complete failure» in every basic responsibility, and asserted that farmers now need the party's «Kisaan Nyay» guarantees. Congress general secretary in-charge communications Jairam Ramesh claimed that of all the various «failures» of the Narendra Modi government, the «sheer incompetence and maliciousness» of the agriculture and farmers welfare ministry is among the most harmful and self-evident. In a detailed post on X, Ramesh listed the various «failures» of the government in ensuring development of farmers. He claimed that the «eight major failures» of the Modi government's agriculture ministry are — «extortionate GST on agricultural inputs, non-utilisation of ministry funds, failure to double farmers' income; inadequate MSP increases and non-implementation of the Swaminathan Commission Report, failure to diversify crops, dependence on imports for edible oils, failures on trade policy, and rising indebtedness and farmer suicides».

Bitcoin records largest single-day drop in two weeks, falls over 7% The bank conducted its analysis by juxtaposing the price of gold following the introduction of gold exchange-traded funds (ETFs) in the U.S. and establishing a correlation between ETF inflows and the price of BTC. Notably, spot bitcoin ETFs commenced trading in the U.S.

With the Tesla (NASDAQ:TSLA) stock price struggling in recent months due to various headwinds, including an electric vehicle demand decline, analysts have been examining the factors that could influence the trajectory of its stock over the next few years.

(Reuters) -U.S. Bank NA and Oppenheimer & Co have agreed to pay fines to settle charges from the U.S. Commodity Futures Trading Commision over use of unapproved communications channels, the regulator said on Tuesday.

Shares of AMD (NASDAQ:AMD) are down more than 6% on Tuesday after NVIDIA (NASDAQ:NVDA) revealed its latest generation of artificial intelligence chips, Blackwell.

We spend so much time in this business slagging politicians for saying stupid things that when they do say something wise or profound or even just correct, we owe it to them and to you, reader, to say so.

Opposition was fighting against a “Shakti". However, Rahul Gandhi, in his comments made on Sunday in Maharashtra, raised concerns about the operation of EVMs to emphasise the Opposition's struggle against the might of the state. “There is a word 'Shakti' (might) in Hinduism.

The Federal Reserve, meeting tomorrow, is expected to maintain current interest rates. Persistent inflation, indicated by last week’s U.S. consumer and producer price data, has diminished expectations for a rate cut by June.

(Reuters) — Super Micro Computer (NASDAQ:SMCI) disclosed on Tuesday it will sell 2 million shares that could fetch about $2 billion, sending the artificial intelligence (AI) server maker's shares 9% lower in trading before the bell.

The U.N. labor agency says illegal profits from forced labor globally have risen to the “obscene” amount of $236 billion per year

Stocks that traded heavily or had substantial price changes on Monday: Alphabet, Tesla rise; Hertz, Logitech fall

Unilever, the company that makes Ben & Jerry’s ice cream, Dove soaps and Vaseline, says it's cutting 7,500 jobs and spinning off its ice cream business to reduce costs and boost profits

Fabric and crafts retailer Joann has filed for Chapter 11 bankruptcy protection, as consumers continue to cut back on discretionary spending and pandemic-era hobbies

Chinese Foreign Minister Wang Yi has begun a diplomatic tour of New Zealand and Australia, meeting with his New Zealand counterpart Winston Peters in Wellington

The cost of hiring a real estate agent to buy or sell a home may soon change, along with decades-old rules that have helped determine broker commissions

Stocks are drifting as the wait begins to hear from the Federal Reserve on what it will do with interest rates

The Securities and Exchange Commission stands accused of trying to “vastly expand its authority” in a lawsuit filed by three investment industry associations.

(Reuters) — Shares in Siemens slumped to their lowest in one year after its finance chief Ralf Thomas commented that revenues at its flagship digital industries division will be flat in the second quarter at a Bank of America conference on Tuesday.

BitMEX is conducting an investigation into an unusual trading activity that caused a flash crash and Bitcoin price drop on its platform.