BUSINESS

CII, the Serum Institute of India joins hands in advocating for small towns, in rural areas

The Confederation of Indian Industry (CII), on July 30, said it had entered into an agreement with the Serum Institute of India (SII) to increase vaccination in small towns and rural areas to ensure greater availability.The vaccination partnership will also cover healthcare providers. “Post-epidemic growth in India depends on how quickly the right people are …

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Gold came after a short consolidation, rising 2.19% this week; bullish support momentum: Experts

Gold prices rose 2.19 per cent during the week to pay Rs 47,760 per 10 grams for safe purchases between growing coronavirus cases and details of weak US operations, but the set side was bound by a strong rupee. The weakness of the dollar and the declining yield helped revive some bullion purchases after last …

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Cryptocurrency

Cryptocurrency threaten the financial system of country

RBI on Cryptocurrency: RBI Governor Shaktikanta Das has again warned against cryptocurrency. The RBI Governor has written in the RBI Financial Stability Report that cryptocurrencies are extremely dangerous to the financial system of the country. He said while technology has helped bring the financial sector and its benefits to the masses and its benefits must …

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Greenpanel Industries Q4 PAT saw 403.9% YoY at Rs 38.3 crore: YES Securities

YES Securities has come out with its fourth quarter (January-March ’21) earnings estimates for the cement and building materials sector. The brokerage house expects Greenpanel Industries to register a net profit of Rs 38.3 crore, up 403.9% year-on-year (38.6% quarter-on-quarter). According to Yes Securities, net sales are expected to grow by 52.8 percent Y-o-Y (14.7 …

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How to buy cryptocurrency

How to buy cryptocurrency; A Guide for New Crypto Investors

What is Cryptocurrency? Cryptocurrencies are digital assets created using computer networking software that enables secure trading and ownership. Bitcoin and most other cryptocurrencies are supported by a technology known as the blockchain, which maintains a tamper-resistant record of transactions and keeps track of who owns what. Public blockchains are usually decentralized, which means they operate …

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Small and midcap underperforms; These 13 stocks each fell more than 10% in the BSE 500 Index

Indian markets were volatile during the week, partly due to a lockout in various parts of the country as well as a fall in the rupee against the USD and an increase in COVID-19 cases due to selling by foreign institutional investors. The S&P BSE Sensex fell 1.5 percent, while the Nifty 50 S&P BSE …

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Groww to buy the Indiabulls’ mutual fund business for $ 175

Groww, one of India’s leading investment platforms, will take on the Indiabulls group’s mutual fund business by 175 crore. The transaction will only involve the joint venture business of the Indiabulls group. Other investment funds and portfolio management services businesses will remain part of the Indiabulls team.Once Groww has obtained approval from the Securities and …

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Haryana govt increases dearness allowance from current 17% to 28%

Haryana Prime Minister Manohar Lal Khattar on July 24 announced that he would increase the grant rate from 17 percent to 28%. The grant increase will take effect from July 1, a spokesman for the department said.The grant has increased and includes the DA payable from January 1, 2020, July 1, 2020 and January 1, …

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Mukesh Ambani Races To Join $100 Billion Club With A Rise In Reliance Shares

Mukesh Ambani has added over $15.9 billion to his wealth since the beginning of this year. Mumbai: Reliance Industries (RIL) chairman Mukesh Ambani rushes to join the coveted $100 billion club with the rise in shares of his oil-telecom conglomerate. The richest in Asia saw their wealth rise by $ 3.7 billion as Reliance shares …

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