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India’s New Online Gaming Tax Will Stifle Foreign Investment, Put $2.5 Billion Investment at Risk: Gaming Firms
India's new 28 percent tax on online gaming companies will stifle foreign investment and put $2.5 billion (roughly Rs. 20,500 crore) already invested in the sector at risk, more than 100 gaming firms have said in a letter to India's finance ministry.
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Spotify Beats Expectations to Cross 500 Million User Mark as First Quarter Loss Widens
Spotify on Tuesday stated that it had 515 million monthly active users on the platform in March, while the number of paying subscribers rose to 210 million. The music streaming service said it had posted its "strongest" first quarter "since going public in 2018," even as the firm's operating loss widened in the first quarter of 2023.
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Bitcoin Soars Over $28,500, Stablecoins Stew in Losses Despite Most Altcoins Seeing Gains
The overall crypto market rose by 2.48 percent in the last 24 hours. Bitcoin and Ether, along with Solana, Litecoin, and Polygon traded in gains on Wednesday, April 4. While Shiba Inu rallied with gains, Dogecoin could not retain its profit streak.
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First, It Was 700 Dead Seals. But The Real Number Was 2,500
The number of dead seals discovered off the coast on Saturday initially appeared to be 700 but later rose to 2,500, according to the Russian Ministry of Natural Resources and Environment.
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Three Out of Four Bitcoin Investors Have Lost Money Since 2015, Study Finds
Three out of four Bitcoin investors have lost money, according to a study by economists at the Bank of International Settlements, an institution widely considered as the central banks of central banks, based on data on investors in cryptocurrencies in 95 countries between 2015 and 2022. The number of people using smartphone apps allowing one to pur...
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Sensex Rises Over 500 Points On Hopes The Fed Becomes Less Hawkish
Stock Market India: Equity benchmarks rose on Monday, extending gains for the third week.
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Nokia Q3 Operating Profits Below Expectations Amid Strong Demand From Phone Makers, India 5G Rollout
Nokia on Thursday said that the company's Q3 operating profits, which rose EUR 658 million (roughly Rs. 5,500 crore) from EUR 633 million (roughly Rs. 5,150 crore) last year, were below market expectations. The company said that it expects growth on a constant currency basis in its markets in 2023.
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Sensex Surges Over 500 Points, But Ends Below 60,000 Level
Stock Market India: Equity benchmarks rose on Tuesday to extend gains for the second straight day, recovering all of the losses from a deep sell-off on Friday.
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Bitcoin Prices Hover Around $23,500, Majority Altcoins Swell Up With Profits
The global crypto market cap rose by 2.38 percent over the last day. Along with BTC and ETH, majority other cryptocurrencies also rallied with gains. These include Solana, Polkadot, and even Shiba Inu among others. As per industry experts, crypto is currently going through a consolidation phase.
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Tesla Q2 Profit Beats Expectations, Elon Musk Reiterates 50 Percent Annual Vehicle Sales Growth Forecast
Tesla exceeded Wall Street expectations from April through June with a better-than-expected $2.26 billion (roughly Rs. XXX crore) net profit for the quarter. The Texas-based company's second-quarter profit fell 32 percent from record levels in the first quarter. Experts note that the decrease in automobile revenues from the first quarter was offset...
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Sensex Gains Over 500 Points, Nifty Trades Above 17,100; Adani Ports, Indian Oil, Bajaj Finance Among Top Gainers
Mid- and small-cap shares were trading in green as Nifty Midcap 100 index was up 0.87 per cent and Nifty Smallcap 100 index rose 1.04 per cent.
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Sensex Rises Over 500 Points, Nifty Reclaims 17,300; Oil & Gas Shares Outperform
The Sensex rose as much as 519 points and Nifty 50 index was trading above its important psychological level of 17,300.
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Sensex Falls Over 500 Points, Nifty Below 17,850 Dragged By Banks
Among individual stocks, shares of Zomato rose as much as 6 per cent after the company posted quarterly revenue that more than doubled.
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Sensex Up Over 300 Points; L&T, Tech Mahindra Top Gainers
Asia-Pacific shares rose in Tuesday morning trading following overnight gains on Wall Street that saw the S&P 500 notching its fourth day of gains
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Sensex, Nifty Likely To Open Strong On Positive Global Cues
Asia-Pacific shares rose in Tuesday morning trading following overnight gains on Wall Street that saw the S&P 500 notching its fourth day of gains
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India’s New Online Gaming Tax Will Stifle Foreign Investment, Put $2.5 Billion Investment at Risk: Gaming Firms
India's new 28 percent tax on online gaming companies will stifle foreign investment and put $2.5 billion (roughly Rs. 20,500 crore) already invested in the sector at risk, more than 100 gaming firms have said in a letter to India's finance ministry.
-
Spotify Beats Expectations to Cross 500 Million User Mark as First Quarter Loss Widens
Spotify on Tuesday stated that it had 515 million monthly active users on the platform in March, while the number of paying subscribers rose to 210 million. The music streaming service said it had posted its "strongest" first quarter "since going public in 2018," even as the firm's operating loss widened in the first quarter of 2023.
-
Bitcoin Soars Over $28,500, Stablecoins Stew in Losses Despite Most Altcoins Seeing Gains
The overall crypto market rose by 2.48 percent in the last 24 hours. Bitcoin and Ether, along with Solana, Litecoin, and Polygon traded in gains on Wednesday, April 4. While Shiba Inu rallied with gains, Dogecoin could not retain its profit streak.
-
First, It Was 700 Dead Seals. But The Real Number Was 2,500
The number of dead seals discovered off the coast on Saturday initially appeared to be 700 but later rose to 2,500, according to the Russian Ministry of Natural Resources and Environment.
-
Three Out of Four Bitcoin Investors Have Lost Money Since 2015, Study Finds
Three out of four Bitcoin investors have lost money, according to a study by economists at the Bank of International Settlements, an institution widely considered as the central banks of central banks, based on data on investors in cryptocurrencies in 95 countries between 2015 and 2022. The number of people using smartphone apps allowing one to pur...
-
Sensex Rises Over 500 Points On Hopes The Fed Becomes Less Hawkish
Stock Market India: Equity benchmarks rose on Monday, extending gains for the third week.
-
Nokia Q3 Operating Profits Below Expectations Amid Strong Demand From Phone Makers, India 5G Rollout
Nokia on Thursday said that the company's Q3 operating profits, which rose EUR 658 million (roughly Rs. 5,500 crore) from EUR 633 million (roughly Rs. 5,150 crore) last year, were below market expectations. The company said that it expects growth on a constant currency basis in its markets in 2023.
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Sensex Surges Over 500 Points, But Ends Below 60,000 Level
Stock Market India: Equity benchmarks rose on Tuesday to extend gains for the second straight day, recovering all of the losses from a deep sell-off on Friday.
-
Bitcoin Prices Hover Around $23,500, Majority Altcoins Swell Up With Profits
The global crypto market cap rose by 2.38 percent over the last day. Along with BTC and ETH, majority other cryptocurrencies also rallied with gains. These include Solana, Polkadot, and even Shiba Inu among others. As per industry experts, crypto is currently going through a consolidation phase.
-
Tesla Q2 Profit Beats Expectations, Elon Musk Reiterates 50 Percent Annual Vehicle Sales Growth Forecast
Tesla exceeded Wall Street expectations from April through June with a better-than-expected $2.26 billion (roughly Rs. XXX crore) net profit for the quarter. The Texas-based company's second-quarter profit fell 32 percent from record levels in the first quarter. Experts note that the decrease in automobile revenues from the first quarter was offset...
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Sensex Gains Over 500 Points, Nifty Trades Above 17,100; Adani Ports, Indian Oil, Bajaj Finance Among Top Gainers
Mid- and small-cap shares were trading in green as Nifty Midcap 100 index was up 0.87 per cent and Nifty Smallcap 100 index rose 1.04 per cent.
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Sensex Rises Over 500 Points, Nifty Reclaims 17,300; Oil & Gas Shares Outperform
The Sensex rose as much as 519 points and Nifty 50 index was trading above its important psychological level of 17,300.
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Sensex Falls Over 500 Points, Nifty Below 17,850 Dragged By Banks
Among individual stocks, shares of Zomato rose as much as 6 per cent after the company posted quarterly revenue that more than doubled.
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Sensex Up Over 300 Points; L&T, Tech Mahindra Top Gainers
Asia-Pacific shares rose in Tuesday morning trading following overnight gains on Wall Street that saw the S&P 500 notching its fourth day of gains
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Sensex, Nifty Likely To Open Strong On Positive Global Cues
Asia-Pacific shares rose in Tuesday morning trading following overnight gains on Wall Street that saw the S&P 500 notching its fourth day of gains
