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The Bitcoin rally does not seem to be stopping anytime soon! Does this spell good news for Indian markets?
Bitcoin surged past $97,000 following Donald Trump's 2024 presidential win, fueled by his pro-crypto stance and plans for crypto-focused policies. This surge in Bitcoin, a barometer of risk appetite, comes amidst a downturn in the Indian stock market, with Nifty and Sensex down over 5% and foreign investors withdrawing while domestic investors provide support.
Latest Stories
Mutual funds in spotlight: Industry grew at 23.65% CAGR since March 2021
India's mutual fund industry is experiencing remarkable growth, with assets under management reachi…
Rupee rises 2 paise to 84.40 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 84.39 and slipped further to 84.40 again…
I made it to managing director after 17 years in banking, then I quit. I didn't want to work myself into the ground well into my 60s.
Eric Sim, 54, spent more than 20 years in banking. The former UBS managing director now works as a …
Kwan Wei Kevin Tan
HSBC reportedly asks middle managers to reapply for jobs as layoffs loom
The London-headquartered, Asia-focused bank is embarking on a major restructuring under its new CEO…
Nora Redmond
Warren Buffett's company just bought into Domino's Pizza and Pool Corp. Here's why both bets make sense.
Warren Buffett's Berkshire Hathaway bet on Domino's Pizza and Pool Corp. last quarter, and both sto…
Theron Mohamed
I moved to Dubai when I became a millionaire at 24. People don't treat me differently here because of my wealth.
Ben Grant became a millionaire at 24 and says people treated him differently. He moved to Dubai, wh…
Kelly Burch
Inside the trade secrets lawsuit that has the alternative data industry buzzing
"These files were among Yipit's 'crown jewels,'" the 55-page lawsuit states.
Bradley Saacks
Deloitte, EY, KPMG, and PwC make up the Big 4 — here's how they compare
After a year of slowing demand for their services and a series of missteps, this is how the Big Fou…
Polly Thompson
Jamie Dimon says bankers are 'dancing in the street' because they expect Trump to cut red tape
JPMorgan CEO Jamie Dimon said Wall Street is buzzing at the prospect of Trump deregulating the bank…
Theron Mohamed
This new Goldman Sachs partner is leading the bank's strategy with young heirs and founders
New Goldman Sachs partner Brittany Boals Moeller leads the bank's strategy with millennial, Gen Z, …
Hayley Cuccinello
Inside the secretive operation helping manage billionaire Steve Schwarzman's vast fortune
Blackstone's Steve Schwarzman is estimated to be worth $57 billion. Here's what it takes to manage …
Alex Nicoll
Warren Buffett's Berkshire Hathaway reveals new bets on Domino's Pizza and Pool Corp.
Warren Buffett's Berkshire Hathaway took a bite of Domino's Pizza and waded into the swimming pool …
Theron Mohamed
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hed…
Theron Mohamed
Inside the Goldman Sachs marketing push that has some execs perplexed
The Wall Street giant set out to build a marketing 'army' under its first CMO. Some high-level insi…
Reed Alexander
Markets are ripping past all-time highs after Donald Trump's electoral victory. Doomsday investors aren't convinced.
A Trump presidency should be good for investors that thrive in chaotic conditions, but investors ar…
Bradley Saacks
An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake
Renaissance Technologies, founded by the late Jim Simons, cuts its Tesla and Nvidia stakes while ra…
Theron Mohamed
Jensen Huang says SoftBank's Masayoshi Son once offered to help him buy out Nvidia — but he passed
Nvidia CEO Jensen Huang said he turned down a chance to buy out the chip giant, while SoftBank CEO …
Theron Mohamed
Warren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.
Warren Buffett's Berkshire Hathaway has pared key bets such as Apple and spent little on stocks, bo…
Theron Mohamed
How 9 newly minted Goldman Sachs partners celebrated their big day, from shouting across the trading floor to popping Champagne in the office
There were celebrations across Goldman Sachs last week after it promoted 95 executives to partner. …
Reed Alexander,Emmalyse Brown…
Elon Musk is close to breaking his $340 billion wealth record as Tesla stock keeps rising
Elon Musk has grown about $105 billion richer this year, boosting his net worth to a near-record $3…
Theron Mohamed
The winners of Wall Street bonus season this year: the underwriters
Johnson Associates is predicting Wall Street bonus increases of as much as 35% as dealmaking resume…
Emmalyse Brownstein
Morgan Stanley partners with Carta to serve startup employees after lucrative IPOs
Morgan Stanley is building a pipeline of wealth clients with IPOs set to rebound in 2025.