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Bitcoin drops after House blocks crypto legislation in key procedural vote

Bitcoin and related cryptocurrency stocks took a sharp downturn after the U.S. House of Representatives failed to advance a series of bills aimed at providing regulatory clarity and support for the crypto industry. A critical procedural vote on the House floor ended with 13 Republicans siding with Democrats to block the motion, which failed in a 196-223 vote. The result was a major setback for the crypto sector, which had been buoyed in recent weeks by rising investor confidence and record-se

Stock Market

15 Jul 2025 16:29 PM

Bitcoin drops after House blocks crypto legislation in key procedural vote

Bitcoin and related cryptocurrency stocks took a sharp downturn after the U.S. House of Representatives failed to advance a series of bills aimed at providing regulatory clarity and support for the crypto industry. A critical procedural vote on the House floor ended with 13 Republicans siding with Democrats to block the motion, which failed in a 196-223 vote. The result was a major setback for the crypto sector, which had been buoyed in recent weeks by rising investor confidence and record-se

Stock Market

Markets on Edge as Ray Dalio Fears Economic Shift Worse Than a Recession

Ray Dalio, billionaire founder of Bridgewater Associates and one of the world’s most closely followed investors, has issued a stark warning that the United States could be on the verge of something far more severe than a typical recession. His concerns are rooted not in speculation, but in a detailed analysis of macroeconomic trends, fiscal policy decisions, and geopolitical tensions that he believes are combining to create an economic environment that could result in significant long-term

Finance & Economics

14 Apr 2025 04:37 AM

Markets on Edge as Ray Dalio Fears Economic Shift Worse Than a Recession

Ray Dalio, billionaire founder of Bridgewater Associates and one of the world’s most closely followed investors, has issued a stark warning that the United States could be on the verge of something far more severe than a typical recession. His concerns are rooted not in speculation, but in a detailed analysis of macroeconomic trends, fiscal policy decisions, and geopolitical tensions that he believes are combining to create an economic environment that could result in significant long-term

Finance & Economics

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises

Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear

Business

17 Mar 2025 08:34 AM

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises

Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear

Business

Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks

The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de

Stock Market

28 Feb 2025 06:15 AM

Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks

The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de

Stock Market

Dr Agarwal’s Healthcare IPO Listing on February 4

Dr Agarwal’s Healthcare Ltd, a leading healthcare provider, is all set to list its shares on the stock exchanges on February 4. The company raised a significant amount of ₹3,027.26 crore through its initial public offering (IPO), which included both a fresh issue and an offer for sale. The IPO was open for subscription from January 29 to January 31, 2025, and the allotment was finalized on February 3. The IPO was priced between ₹382 and ₹402 per share, with investors eager to see

Stock Market

19 Feb 2025 05:59 AM

Dr Agarwal’s Healthcare IPO Listing on February 4

Dr Agarwal’s Healthcare Ltd, a leading healthcare provider, is all set to list its shares on the stock exchanges on February 4. The company raised a significant amount of ₹3,027.26 crore through its initial public offering (IPO), which included both a fresh issue and an offer for sale. The IPO was open for subscription from January 29 to January 31, 2025, and the allotment was finalized on February 3. The IPO was priced between ₹382 and ₹402 per share, with investors eager to see

Stock Market

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25. Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go

Business

10 Jan 2025 11:34 AM

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

The week witnessed crucial political and economic developments that influenced market movements across the world. In India, Tata Consultancy Services (TCS) announced its third-quarter earnings, with a net profit rise of 4.1%, while the Union government predicted India's economy would grow at its slowest pace in four years, with a projected GDP growth rate of 6.4% for fiscal year 2024-25. Meanwhile, India's merchandise trade deficit remained elevated despite a reduction in go

Business

Indian Rupee Hits Record Low of 85.12 Against US Dollar

The Indian rupee weakened by 10 paise to a record low of 85.12 against the US dollar on Monday, marking a significant decline in its value. The domestic currency opened at 84.85, according to Bloomberg data, and had closed at 85.02 on Friday. This continued depreciation comes amid rising global pressures, including an increase in Brent crude prices, which rose 0.41% to $73.24 per barrel. The rise in crude prices was partly driven by easing concerns about a potential US government shutdown and

Finance & Economics

23 Dec 2024 07:20 AM

Indian Rupee Hits Record Low of 85.12 Against US Dollar

The Indian rupee weakened by 10 paise to a record low of 85.12 against the US dollar on Monday, marking a significant decline in its value. The domestic currency opened at 84.85, according to Bloomberg data, and had closed at 85.02 on Friday. This continued depreciation comes amid rising global pressures, including an increase in Brent crude prices, which rose 0.41% to $73.24 per barrel. The rise in crude prices was partly driven by easing concerns about a potential US government shutdown and

Finance & Economics

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

Business

27 Nov 2024 00:58 AM

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

The Indian rupee opened at 84.39 against the US dollar on Wednesday, weakening by 5 paise from its previous close of 84.34. This follows a series of declines, with the rupee slipping by six paise on Tuesday. While the rupee had shown a slight recovery on Monday, gaining 17 paise, the currency continues to face downward pressure due to persistent demand for the US dollar and global uncertainties. Analysts had predicted a weaker outlook for the rupee, especially after a brief period o

Business

Nifty 50 Enters Correction Zone, Foreign Selloff Hits Indian Stock Market

India's Nifty 50 index has entered the correction zone, falling over 10% from its peak in late September. This decline comes as foreign investors continue their record-level selloff of domestic stocks, triggering broad market losses. On Tuesday, the Nifty 50 dropped by 1.4%

Business

13 Nov 2024 05:22 AM

Nifty 50 Enters Correction Zone, Foreign Selloff Hits Indian Stock Market

India's Nifty 50 index has entered the correction zone, falling over 10% from its peak in late September. This decline comes as foreign investors continue their record-level selloff of domestic stocks, triggering broad market losses. On Tuesday, the Nifty 50 dropped by 1.4%

Business

"Indian Equity Indices Break Six-Day Losing Streak, Driven by Gains in HDFC Bank, Infosys, and Reliance"

India's benchmark equity indices, the Nifty 50 and the Sensex, snapped their six-session losing streak on Tuesday, posting gains despite a downturn in most global markets. This rally was primarily driven by heavyweight stocks, including HDFC Bank Ltd., Infosys Ltd., and Reliance Industries Ltd., as investors await the outcome of the upcoming monetary policy committee meeting set for Wednesday. The Nifty 50 index closed up by 0.88%, or 217.40 points, ending the day at 25,013.15,

Business

08 Oct 2024 07:31 AM

"Indian Equity Indices Break Six-Day Losing Streak, Driven by Gains in HDFC Bank, Infosys, and Reliance"

India's benchmark equity indices, the Nifty 50 and the Sensex, snapped their six-session losing streak on Tuesday, posting gains despite a downturn in most global markets. This rally was primarily driven by heavyweight stocks, including HDFC Bank Ltd., Infosys Ltd., and Reliance Industries Ltd., as investors await the outcome of the upcoming monetary policy committee meeting set for Wednesday. The Nifty 50 index closed up by 0.88%, or 217.40 points, ending the day at 25,013.15,

Business

US Stocks Open Lower as Investors Pause After Fed Rate Cut

US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93. Despite the overall market downturn, nine of t

Business

20 Sep 2024 19:32 PM

US Stocks Open Lower as Investors Pause After Fed Rate Cut

US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93. Despite the overall market downturn, nine of t

Business

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#market-news

Bitcoin drops after House blocks crypto legislation in key procedural vote

Bitcoin drops after House blocks crypto legislation in key procedural vote

Markets on Edge as Ray Dalio Fears Economic Shift Worse Than a Recession

Markets on Edge as Ray Dalio Fears Economic Shift Worse Than a Recession

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises

Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks

Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks

Dr Agarwal’s Healthcare IPO Listing on February 4

Dr Agarwal’s Healthcare IPO Listing on February 4

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

TCS Earnings, India's Economic Growth, and Global Events Impacting Markets

Indian Rupee Hits Record Low of 85.12 Against US Dollar

Indian Rupee Hits Record Low of 85.12 Against US Dollar

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Indian Rupee Weakens to 84.39 Against US Dollar Amid Market Pressures

Nifty 50 Enters Correction Zone, Foreign Selloff Hits Indian Stock Market

Nifty 50 Enters Correction Zone, Foreign Selloff Hits Indian Stock Market

"Indian Equity Indices Break Six-Day Losing Streak, Driven by Gains in HDFC Bank, Infosys, and Reliance"

"Indian Equity Indices Break Six-Day Losing Streak, Driven by Gains in HDFC Bank, Infosys, and Reliance"

US Stocks Open Lower as Investors Pause After Fed Rate Cut

US Stocks Open Lower as Investors Pause After Fed Rate Cut

Can Foreign Nationals Renew an Indian Work Visa During a Court Case?

Trump Declares Ceasefire and Warns Iran Against Restarting Nuclear Program

USCIS Reaches H-1B Visa Cap for 2024

What Happens If a Child Accidentally Calls 911 in America?

Pawan Kalyan Issues Open Challenge to Kapu Leaders Amid Community Tensions

Goa Weather Alert: IMD Issues Yellow Alert For June 2-3 As Monsoon Nears Kerala

Oil prices jump over 4% as U.S.-Iran tensions escalate

One-Third of Indians Lose Money to Scams in Real-Time Payments, FICO Report Finds

Rajan on Fed Task Force as US Central Bank Reviews Policy

Iran Warns US of Missile & Drone Retaliation After Kuwait Airport Attack

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