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Former Trump Org exec testified he accounted for multi-million dollar mansions not yet built when valuing a company at the request of Eric Trump

Jeffrey McConney took the stand at the former President's fraud trial and said Eric Trump directed …

Hannah Getahun   


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3 mins read

Global shifts make compelling case for a structural bull run in Indian assets, says Standard Chartered Bank’s wealth management office

India’s macroeconomic backdrop sets Indian financial market assets up to perform well on a multi-ye…

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1 min read

Money-market funds' assets fall for the first time since the banking turmoil started, snapping a trend of record inflows

The total assets managed by US money market funds declined for the first time since banking turmoil…

Zinya Salfiti   


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Tata Mutual Fund has launched the ‘Tata Multi Asset Opportunities Fund’ for those who want to curb risk by diversifying investment

Tata Mutual Fund has launched 'Tata Multi Asset Opportunities Fund'. This is a diversified fund…

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9 mins read

Interest rates on deposits need to go up, say experts, as share of FDs in household financial assets drops

Banks will have to increase interest rates on deposits faster, say experts, as investors turn to ot…

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1 min read

Centre begins auction of BSNL, MTNL assets

Accordingly, DIPAM (Department of Investment and Public Asset Management) has begun auction of B…

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Ray Dalio's Bridgewater has doubled its fund assets in China to $2.93 billion over the past year, report says

Bridgewater's first Chinese fund has notched an annualized return of 15.6% in the first four years …

Brian Evans   


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Gold futures on Multi Commodity Exchange rise on global cues, rising concerns of COVID-19 'Delta' variant

Gold futures on the Multi Commodity Exchange (MCX) rose on Tuesday taking cues from international m…

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FTX's liquidity crisis shows that debt is toxic for crypto and investors should not lever up highly volatile assets, Tether co-founder says

"Everyone thought that the major exchanges were not susceptible to any kind of serious meltdown. An…

Jennifer Sor   


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SEBI clarifies that mutual funds will have options apart from rebalancing portfolio

In a clarification issued on Sunday, the SEBI said apart from rebalancing their portfolio in the…

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Robinhood said it expects to pay a $30 million fine as part of anti-money laundering probe of its crypto business

The $165 million of one-time fines Robinhood has been ordered to pay date represent 32% of the comp…

Matthew Fox   


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1 min read

Cardano has completed an upgrade that will mean it can bring advanced smart contracts and DeFi to its blockchain

The cardano network has completed an upgrade that will allow it to incorporate more advanced smart …

Camomile Shumba   


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Camomile Shumba   


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Bitcoin and ether are seeing a resurgence in institutional capital inflows as all digital assets pick up steam: CoinShares

Investors are putting money back into bitcoin and ethereum after a four-week run of outflows, along…

Camomile Shumba   


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Gold will outperform crypto as an inflation hedge and has 38% upside if economic growth slows, Goldman Sachs says

"Overall we see crypto still far from becoming a defensive long-term store of value like gold," Gol…

Matthew Fox   


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Bitcoin mining has never been easier since China's crackdown - and miners now stand to make higher profits

The level of difficulty to mine bitcoin plunged by 28% on Saturday, according to data from BTC.com,…

Shalini Nagarajan   


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Bitcoin critic Peter Schiff and MicroStrategy's Michael Saylor faced off in a heated Twitter spat over their views on cryptocurrencies

Schiff slammed Saylor's "asinine advice" to hold bitcoin as an inflationary hedge as the digital as…

Shalini Nagarajan   


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1 min read

Dogecoin extends two-day gain to 94%, bringing market cap to $18 billion

"Rollin' out to the MOON [rocket emoji] #Dogecoin," Guy Fieri tweeted on Tuesday, accompanied with …

Matthew Fox   


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Vaccine hopes push gold below ₹ 49,000 per 10 gram

Similarly, domestic futures of silver also continued its downward trend on Tuesday and its Dec…

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Investors could fill 1% of their portfolios with bitcoin as it becomes more correlated with stocks, JPMorgan says

JPMorgan says bitcoin has historically not been a reliable hedge against stock market drawdowns and…

Emily Graffeo