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Bitcoin marches towards $100,000 on optimism over Trump crypto plans

Bitcoin prices topped $98,000 for the first time during European trading, and were last up around 4 per cent on the day

Alibaba Group combines e-commerce arms to tackle growing competition

Alibaba split into six business units in 2023, in the biggest revamp of its 24-year history

Vedanta Resources delays dollar bond issue over Adani-linked allegations

The firm had planned to raise funds via dollar denominated bonds maturing in three years and six months

India's Russian oil imports up 3.3% in Oct from Sep, shows trade data

India, the world's third biggest oil importer and consumer, has been gorging on Russian oil

Foreigners selling Indian govt bonds won't return in a hurry: ANZ India

Given the volatility expected over the short-term horizon, we cannot imagine that we will receive any major inflows over the next two months, they added

Indian stocks to stay flat 3 months as earnings, valuations weigh: Goldman

Wall Street brokerage, which remains tactically market weight on Indian equities, expects the benchmark Nifty 50 to hit 24,000 points in next three months, implying a gain of a little under 3 per cent

Adani Group sees $22 billion in value wiped off after US indictments

Adani group's 10 listed stocks had a total market capitalisation of about $147 billion at 0411 GMT, compared to $169.08 billion on Tuesday

Exports not adversely impacted by rupee exchange rate policy: RBI Bulletin

Rupee's 40-currency real effective exchange rate (REER) - a measure of its competitiveness - shows the currency was overvalued by 7.21 per cent at the end of October, close to highest in 6 years

Asian stocks ease as Nvidia's forecast dampens investors' risk appetite

Prevailing geopolitical concerns following the escalating conflict in Ukraine earlier this week led safe-haven assets higher, including gold and government bonds

To be chief of staff at Zomato, CEO says forget salary, pay Rs 20 lakh fee

Goyal assured candidates that the chief of staff position will come with an annual salary of at least Rs 5 lakh ($60,000) from the second year if things work out

US SEC charges Gautam Adani, 7 others in alleged bribery, fraud scheme

Gautam Adani, Sagar Adani and Jaain were charged with securities fraud, securities fraud conspiracy and wire fraud conspiracy

India studying temporary tax plea on China steel imports: JSW Group chief

Indian steel mills have been grappling with a higher influx of Chinese steel imports, hitting domestic prices and denting companies' earnings

VW workers' union propose $1.6 billion of cuts, but no plant closures

The IG Metall union, arguing the company was trying to push through more than 17 billion euros in cuts, said its offer was also contingent on stakeholders

Gold prices ease from one-week high as US dollar rebounds after 1-week low

Spot gold was down 0.2 per cent at $2,627.60 per ounce as of 1238 GMT, after hitting its highest level since Nov. 11 earlier in the session. US gold futures were steady at $2,631.30

Asia's jet fuel imports from India to hit multi-yr high in Nov, shows data

Indian aviation fuel arriving in hubs including Singapore, Hong Kong and Malaysia will probably hit around 2.7 million barrels in November, up at least 40% from October

Global stocks rise ahead of Nvidia earnings; Bitcoin hits record high

The MSCI All-World index, which ended the day up 0.4 per cent on Tuesday, was flat on Wednesday, while European shares rallied 0.4 per cent and US stock index futures rose 0.2 per cent

UK inflation rises by 2.3% in October, again more than BOE's expectation

The increase was the biggest month-to-month rise in the annual CPI rate since October 2022

Conflict in Myanmar sparks surge in property purchases in Thailand

From January to September, over 1,000 units worth 5.46 billion baht ($158 million) were sold to Myanmar nationals, REIC data showed

US embassy in Ukraine's Kyiv shuts down over anticipated air attack

Russia had been warning the West for months that if Washington allowed Ukraine to fire US, British and French missiles, it would consider those Nato members to be directly involved in the war

OfBusiness hires Axis, JPMorgan, Citi among other banks for 2025 Indian IPO

OfBusiness aims to seek approval for the IPO from India's market regulator between March and June