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Bill Gates blasts cryptocurrencies, NFTs as based on 'greater-fool' theory

Bitcoin plunged more than 15% Monday and another 5.4% Tuesday, part of a broader crypto selloff fueled by higher than forecast US inflation

Bill Gates blasts cryptocurrencies, NFTs as based on 'greater-fool' theory
Updated On : 16 Jun 2022 | 2:38 AM IST

Bitcoin sinks to fresh 18-month low of $20,079 as crypto meltdown deepens

The value of the global crypto market has tumbled 70% to under $900 billion from a peak of $2.97 trillion in November, CoinMarketCap data shows

Bitcoin sinks to fresh 18-month low of $20,079 as crypto meltdown deepens
Updated On : 16 Jun 2022 | 2:37 AM IST

'Get-rich-quick' days over for crypto investors post relentless sell-off

Global and domestic prices have been on a downward trail since November last year when Bitcoin prices hit a peak of close to $68,000 in international markets

'Get-rich-quick' days over for crypto investors post relentless sell-off
Updated On : 16 Jun 2022 | 6:15 AM IST

Fitch revises outlook on domestic lenders to 'Stable', affirms IDRs

Action follows upgrade in outlook on India's Sovereign rating

Fitch revises outlook on domestic lenders to 'Stable', affirms IDRs
Updated On : 16 Jun 2022 | 2:33 AM IST

India, EU look to make a fresh start for a trade deal in Brussels

The launch of fresh negotiations with the EU comes close on the heels of India signing two trade deals, with the United Arab Emirates (UAE) and Australia

India, EU look to make a fresh start for a trade deal in Brussels
Updated On : 16 Jun 2022 | 2:32 AM IST

Cerebral OTT: How SonyLIV beat streaming biggies Netflix and Amazon

Last week, two years after it was relaunched, SonyLIV clocked 18.2 million subscribers

Cerebral OTT: How SonyLIV beat streaming biggies Netflix and Amazon
Updated On : 16 Jun 2022 | 6:15 AM IST

Special provisions for emerging markets are non-negotiable: Goyal at WTO

Pushes for reforms in appellate body, which is currently non-functional

Special provisions for emerging markets are non-negotiable: Goyal at WTO
Updated On : 16 Jun 2022 | 2:23 AM IST

CBIC issues guidelines for post audit and refund claims under GST

This is following several reports CBIC received about different practices being followed by the field formations, creating issues for taxpayers

CBIC issues guidelines for post audit and refund claims under GST
Updated On : 16 Jun 2022 | 2:17 AM IST

Jio-bp to power Zomato's commitment to have 100% EV fleet by 2030

Jio-bp will provide EV mobility services to Zomato along with access to 'Jio-bp pulse' branded battery swapping stations for last mile delivery

Jio-bp to power Zomato's commitment to have 100% EV fleet by 2030
Updated On : 16 Jun 2022 | 2:15 AM IST

What is Udyam registration for MSMEs?

Loan demand of micro, small and medium enterprises (MSMEs) is rising. But how do one register to set up an MSME? For this the govt had launched an online system called Udyam. Let us know more about it

What is Udyam registration for MSMEs?
Updated On : 16 Jun 2022 | 7:00 AM IST

GoM on GST rate rejig to meet tomorrow, may seek extension to submit report

The ministerial panel, headed by Karnataka CM Basavaraj Bommai, will be meeting for the second time since it was set up in September last year

GoM on GST rate rejig to meet tomorrow, may seek extension to submit report
Updated On : 16 Jun 2022 | 2:09 AM IST

Edtech unicorn Upgrad doubles valuation with $225-mn funding round

India's UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to $2.25 billion in the round that included billionaire James Murdoch's Lupa Systems LLC

Edtech unicorn Upgrad doubles valuation with $225-mn funding round
Updated On : 16 Jun 2022 | 2:02 AM IST

In run-up to Presidential polls, BJP, Opposition make their first moves

Rajnath reaches out to Mamata, proposes common govt-Opposition candidate

In run-up to Presidential polls, BJP, Opposition make their first moves
Updated On : 16 Jun 2022 | 2:02 AM IST

R Subramaniakumar: 'Bad loan expert' in the hot seat at crisis-hit RBL Bank

His appointment raises questions because ex-PSB bankers have historically taken over as heads of financial institutions with weak asset quality and governance

R Subramaniakumar: 'Bad loan expert' in the hot seat at crisis-hit RBL Bank
Updated On : 16 Jun 2022 | 1:55 AM IST

Covid may have forced return of 51.6% urban men to villages: PLF survey

The Periodic Labour Force Survey (PLFS) conducted during July 2020-June 2021 collected information on migration and temporary visitors to households

Covid may have forced return of 51.6% urban men to villages: PLF survey
Updated On : 16 Jun 2022 | 1:50 AM IST

IPL media rights: Strategic time-out for media giants Disney, Viacom

The two media giants see very different gains from their bets on IPL media rights

IPL media rights: Strategic time-out for media giants Disney, Viacom
Updated On : 16 Jun 2022 | 1:45 AM IST

Inadequate infrastructure continues to impede IBC implementation

A paper by the Insolvency and Bankruptcy Board of India (IBBI) said the time taken between filing of an insolvency application and its admission increased to 650 days in financial year 2021

Inadequate infrastructure continues to impede IBC implementation
Updated On : 16 Jun 2022 | 6:10 AM IST

IPL rights winners might take 4 yrs to bridge gap between price and revenue

What will give the rights winners succour is predictions that IPL audiences will grow steadily and its brand burnish further with time

IPL rights winners might take 4 yrs to bridge gap between price and revenue
Updated On : 16 Jun 2022 | 6:03 AM IST

Reliance on top after Viacom's media rights purchase in IPL e-auction

In a first, broadcaster is subsidiary of team owner; experts say these are mutually exclusive franchises

Reliance on top after Viacom's media rights purchase in IPL e-auction
Updated On : 16 Jun 2022 | 6:15 AM IST
IBBI amends rules, creditors may get power to remove liquidator under IBC
Updated On : 16 Jun 2022 | 1:20 AM IST