Bitcoin price touched a six-month high after first-ever exchange-traded fund of Bitcoin had started trading on the New York Stock Exchange on October 19. The ProShares Bitcoin Strategy ETF on NYSE Arca, owned by Intercontinental Exchange Inc, listed under the ticker BITO on October 19. Bitcoin, world’s biggest cryptocurrency, rose 2.70 per cent in the last 24 hours, to $63,888.64 at 0840 hours on October 20, according to coinmarketcap.com.
India reported a current account surplus of 0.9 per cent of GDP in the pandemic-hit FY21, as against a deficit of 0.9 per cent in FY20, data released by the RBI showed on Wednesday. The country’s current account deficit widened to USD 8.1 billion or 1 per cent of GDP for the March quarter, as […]
Buying gold during Diwali and Dhanteras has been been tradition in India. Demand for gold — especially physical gold in the form of jewellery and coins — rise during this time. However, in the view of coronavirus pandemic, when going to a jewellery shop is still considered as risk, more and more people are investing […]
Washington: Indian-American financial expert Rohit Chopra on Thursday was confirmed by the Senate to be the next director of the Consumer Financial Protection Bureau (CFPB). Chopra, 39, would serve a five-year term at the helm of the federal consumer watchdog, the Washington Post reported. The Senate voted 50 to 48 to confirm Chopra to be […]