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UPI Clocks Over 6 Billion Transactions in July, Highest Ever Since 2016
Unified Payments Interface (UPI) has clocked over 6 billion transactions in July, the highest ever since its inception in 2016. PM Narendra Modi lauded the outstanding accomplishment. Month-on-month, the volume of transactions was up 7.16 per cent and the value increased by 4.76 percent. Over the past four years, digital payment transactions have g...
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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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Inflation-Hedge, Risk On Bet: What Is Behind Bitcoin's 2020 Rally?
Assets under management (AUM) at Grayscale, the world's largest digital currency manager, have soared to a record $10.4 billion, up more than 75 per centfrom September. Its bitcoin fund is up 85 per cent.
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Ant Group’s IPO Debut Fiasco Set to Clip Its Wings, Dent Value
China's surprise suspension of Ant Group's record $37 billion (roughly Rs. 2,75,100 crores) listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
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Japan Trade Deficit at Record $75 Billion in First Half
Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
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India Inc raises $7.5 billion in foreign debt so far in 2013
As the cost of rupee funds remains too high, 11 companies have raised a record $7.5 billion in foreign debt this year via bonds, which is 75 per cent of what India Inc had mopped up in the entire 2012.
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UPI Clocks Over 6 Billion Transactions in July, Highest Ever Since 2016
Unified Payments Interface (UPI) has clocked over 6 billion transactions in July, the highest ever since its inception in 2016. PM Narendra Modi lauded the outstanding accomplishment. Month-on-month, the volume of transactions was up 7.16 per cent and the value increased by 4.76 percent. Over the past four years, digital payment transactions have g...
-
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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Inflation-Hedge, Risk On Bet: What Is Behind Bitcoin's 2020 Rally?
Assets under management (AUM) at Grayscale, the world's largest digital currency manager, have soared to a record $10.4 billion, up more than 75 per centfrom September. Its bitcoin fund is up 85 per cent.
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Ant Group’s IPO Debut Fiasco Set to Clip Its Wings, Dent Value
China's surprise suspension of Ant Group's record $37 billion (roughly Rs. 2,75,100 crores) listing is likely to delay rather than destroy its chances of a stock market debut though the financial technology giant's valuation and growth prospects are set to take a hit.
-
Japan Trade Deficit at Record $75 Billion in First Half
Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.
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India Inc raises $7.5 billion in foreign debt so far in 2013
As the cost of rupee funds remains too high, 11 companies have raised a record $7.5 billion in foreign debt this year via bonds, which is 75 per cent of what India Inc had mopped up in the entire 2012.
