Inflows into Indian equity mutual funds surged 56% month-on-month to an eight-month high of 404.5 billion rupees ($4.36 billion) in March, as retail investors continued to pour money into equities even as uncertainties centring around the Iran war weighed on sentiment, data from the Association of Mutual Funds in India showed on Friday. As the
As the first-quarter (Q1) earnings season shifts into high gear next week, investors are bracing for a wave of data from nearly 6% of the benchmark S&P 500 index. While heavy hitters like Netflix Inc and JPMorgan dominate the headlines, seasoned traders are looking at a specific subset of companies: those with a “beat and
If supplies from the Persian Gulf remain blocked, oil prices are expected to rise again. Experts also believe that prices are unlikely to decline much further than what they experienced this week. Oil prices had experienced their sharpest decline since 2020 earlier this week in response to the two-week ceasefire agreement between the US and
Crypto prices remained in an uptrend today, April 11, helped by the ongoing talks in Pakistan between the United States and Iran. Bitcoin jumped to $73,000, while the market capitalization of all coins rose to over $2.47 trillion. This article provides the prediction of top tokens like Venice Token (VVV), Hyperliquid (HYPE), and Ripple (XRP).
The European Banking Authority on Friday unveiled a set of proposals aimed at significantly simplifying supervisory data reporting requirements for European Union banks, while also launching a public consultation on the planned changes. The initiative comes amid growing calls from major EU economies such as France and Germany for a more streamlined regulatory framework. Both
India is set to move forward with a proposal requiring banks to report offshore rupee derivative trades, despite objections from lenders, according to two sources familiar with the matter. The move is aimed at increasing transparency in a market that has been contributing to volatility in the domestic currency. In February, RBI proposed that banks
Crypto exchange Kraken’s landmark approval for a Federal Reserve master account has triggered fresh concerns among regulators, banks, and industry experts over potential risks to the US financial system. While the account comes with restrictions designed to mitigate vulnerabilities, critics argue that the move could still introduce new challenges. Founded in 2011 and based in
CoreWeave shares moved higher in premarket on Friday after the company announced a multi-year agreement with artificial intelligence startup Anthropic, adding to a strong run driven by a string of high-profile partnerships. The stock gained following the news, extending weekly momentum after recent announcements, including a [MONEY value=”21000000000″ currency=”usd” notation=”long” replace=”false”] deal with Meta Platforms.
Tom Lee’s BitMine (BMNR) and Michael Saylor’s Strategy (MSTR) have become the biggest Digital Asset Treasury (DAT) companies in Wall Street. Their stocks have plunged sharply from their all-time highs as Ethereum and Bitcoin prices have plunged in the past few months. This article explores why BMNR is a better investment by far. BMNR is
Asia’s largest liquefied petroleum gas importers, including India and China, are rapidly shifting procurement strategies as disruptions in Middle Eastern supplies tighten availability and push prices to unprecedented levels, according to analysts and traders. The Middle East, traditionally the region’s primary supplier of LPG used for cooking and as feedstock for petrochemical plants, has seen