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India Delays Laptops Import Restrictions by Three Months
India will provide a transition period of about three months before a new licensing regime for imports of laptops, tablets, and personal computers comes into effect, the country's trade regulator said late on Friday. This is a partial reversal of a surprise decision on Thursday.
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BlackBerry Records Profit in First Quarter Fueled by Growth in Its Cybersecurity Business
BlackBerry posted a surprise profit for the first quarter on Wednesday. The cybersecurity business of the Canadian technology company benefited from higher client spending, while its enterprise software continued to gain traction in the automotive sector. The US-listed shares of the company rose 5.79 percent in extended trading.
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FTX Seeks to Claw Back Over $240 Million From Embed Acquisition
Bankrupt crypto exchange FTX is seeking to claw back more than $240 million (nearly Rs. 2,000 crore) it paid for stock trading platform Embed, saying former FTX insiders did no investigation before buying the essentially worthless bug-ridden software platform. FTX closed on the Embed acquisition just six weeks before the crypto exchange collapsed ...
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Bitcoin, Ether Enter July Trading Rink With Minor Losses, Majority Altcoins Stay Low on Value Marks
As per international exchanges like Binance and CoinMarketCap, Bitcoin values were around $19,101 (roughly Rs. 15.08 lakh) on Monday, July 4 after incurring small dips. Ether, Biance Coin, Polkadot, and Polygon also tumbled down the price charts, following BTC. Surprisingly, Dogecoin reeled-in gains, small but significant. Shiba Inu and other altco...
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BTC, ETH, SOL See Significant Dips as Most Altcoins Get Struck With Losses
The crypto market saw more losses than profits on the last day of June 2022. Along with BTC, ETH, and SOL, stablecoins such as Tether, USD Coin, and Binance USD saw losses too. Surprisingly, Shiba Inu and Dogecoin managed to bring greens to the otherwise red crypto price chart.
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Sensex Rebounds Over 500 Points, Nifty Trades Above 16,800
Indian equity benchmarks on Thursday staged a gap-up opening after plunging sharply in the previous session on Reserve Bank of India's (RBI's) surprise interest rate hike move.
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Tether, Neo See Gains as Market Movement Hits Most Cryptocurrencies, Even Bitcoin
While Tether and USD Coin managed to register gains; Bitcoin, Ether, Shiba Inu, and Dogecoin continue to be affected by market pressure.
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Commerce Secretary Says No Logic In US Putting India On Currency Watchlist
The Centre has expressed surprise atthe United States decision to put India on a monitoring list of currency manipulators.
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Secret India-Pakistan Peace Plan Brokered By UAE Royals: Report
About 24 hours after military chiefs from India and Pakistan surprised the world last month with a rare joint commitment to respect a 2003 cease-fire agreement, the top diplomat of the United Arab Emirates popped over to New Delhi for a quick one-day visit.
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Gamestop Rallies Again; Some Puzzle Over Ice Cream Cone Tweet
GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer's stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January
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UN Trade Body Chief Roberto Azevedo To Step Down A Year Early
World Trade Organization head Roberto Azevedo will step down a year earlier than planned in August, he said on Thursday, in a surprise move as the trade body struggles to rein in global tensions and coordinate responses to the COVID-19 pandemic.
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Axis Bank Shares Tumble Over 6% After Surprise March Quarter Loss
At 9:57 am, the Axis Bank stock traded down 4.34 per cent at Rs 435.80 apiece on the BSE, underperforming the benchmark S&P BSE Sensex index which was up 0.97 per cent.
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Xerox Gives HP Ultimatum on Acquisition, Sets Monday Deadline
Xerox said Thursday it was holding firm on its $33 billion takeover offer for computer and printer maker HP, and warned it would take the matter to shareholders directly without a deal by Monday
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Rupee Moves Higher To 71.32 Against Dollar: 10 Things To Know
The rupee strengthened by 13 paise - or 0.2 per cent - to 71.32 against the dollar in early trade on Friday, a day after the Reserve Bank of India (RBI) surprisingly cut the key interest rate. The policy action by the RBI amid easing of crude oil rates supported the rupee, say analysts. On Thursday, the rupee moved 11 paise higher to settle at 71.4...
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Apple Cuts New iPhone Production By 10% In March Quarter: Report
That rare step exposed weakening demand in China for Apple iPhones amid a slowing economy, which has also been buffeted by a bruising trade war with the US. Many analysts and consumers have said the new Apple iPhone devices are overpriced. Apple's surprise warning on sales triggered a broad sell-off in global stock markets last week.
-
India Delays Laptops Import Restrictions by Three Months
India will provide a transition period of about three months before a new licensing regime for imports of laptops, tablets, and personal computers comes into effect, the country's trade regulator said late on Friday. This is a partial reversal of a surprise decision on Thursday.
-
BlackBerry Records Profit in First Quarter Fueled by Growth in Its Cybersecurity Business
BlackBerry posted a surprise profit for the first quarter on Wednesday. The cybersecurity business of the Canadian technology company benefited from higher client spending, while its enterprise software continued to gain traction in the automotive sector. The US-listed shares of the company rose 5.79 percent in extended trading.
-
FTX Seeks to Claw Back Over $240 Million From Embed Acquisition
Bankrupt crypto exchange FTX is seeking to claw back more than $240 million (nearly Rs. 2,000 crore) it paid for stock trading platform Embed, saying former FTX insiders did no investigation before buying the essentially worthless bug-ridden software platform. FTX closed on the Embed acquisition just six weeks before the crypto exchange collapsed ...
-
Bitcoin, Ether Enter July Trading Rink With Minor Losses, Majority Altcoins Stay Low on Value Marks
As per international exchanges like Binance and CoinMarketCap, Bitcoin values were around $19,101 (roughly Rs. 15.08 lakh) on Monday, July 4 after incurring small dips. Ether, Biance Coin, Polkadot, and Polygon also tumbled down the price charts, following BTC. Surprisingly, Dogecoin reeled-in gains, small but significant. Shiba Inu and other altco...
-
BTC, ETH, SOL See Significant Dips as Most Altcoins Get Struck With Losses
The crypto market saw more losses than profits on the last day of June 2022. Along with BTC, ETH, and SOL, stablecoins such as Tether, USD Coin, and Binance USD saw losses too. Surprisingly, Shiba Inu and Dogecoin managed to bring greens to the otherwise red crypto price chart.
-
Sensex Rebounds Over 500 Points, Nifty Trades Above 16,800
Indian equity benchmarks on Thursday staged a gap-up opening after plunging sharply in the previous session on Reserve Bank of India's (RBI's) surprise interest rate hike move.
-
Tether, Neo See Gains as Market Movement Hits Most Cryptocurrencies, Even Bitcoin
While Tether and USD Coin managed to register gains; Bitcoin, Ether, Shiba Inu, and Dogecoin continue to be affected by market pressure.
-
Commerce Secretary Says No Logic In US Putting India On Currency Watchlist
The Centre has expressed surprise atthe United States decision to put India on a monitoring list of currency manipulators.
-
Secret India-Pakistan Peace Plan Brokered By UAE Royals: Report
About 24 hours after military chiefs from India and Pakistan surprised the world last month with a rare joint commitment to respect a 2003 cease-fire agreement, the top diplomat of the United Arab Emirates popped over to New Delhi for a quick one-day visit.
-
Gamestop Rallies Again; Some Puzzle Over Ice Cream Cone Tweet
GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer's stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January
-
UN Trade Body Chief Roberto Azevedo To Step Down A Year Early
World Trade Organization head Roberto Azevedo will step down a year earlier than planned in August, he said on Thursday, in a surprise move as the trade body struggles to rein in global tensions and coordinate responses to the COVID-19 pandemic.
-
Axis Bank Shares Tumble Over 6% After Surprise March Quarter Loss
At 9:57 am, the Axis Bank stock traded down 4.34 per cent at Rs 435.80 apiece on the BSE, underperforming the benchmark S&P BSE Sensex index which was up 0.97 per cent.
-
Xerox Gives HP Ultimatum on Acquisition, Sets Monday Deadline
Xerox said Thursday it was holding firm on its $33 billion takeover offer for computer and printer maker HP, and warned it would take the matter to shareholders directly without a deal by Monday
-
Rupee Moves Higher To 71.32 Against Dollar: 10 Things To Know
The rupee strengthened by 13 paise - or 0.2 per cent - to 71.32 against the dollar in early trade on Friday, a day after the Reserve Bank of India (RBI) surprisingly cut the key interest rate. The policy action by the RBI amid easing of crude oil rates supported the rupee, say analysts. On Thursday, the rupee moved 11 paise higher to settle at 71.4...
-
Apple Cuts New iPhone Production By 10% In March Quarter: Report
That rare step exposed weakening demand in China for Apple iPhones amid a slowing economy, which has also been buffeted by a bruising trade war with the US. Many analysts and consumers have said the new Apple iPhone devices are overpriced. Apple's surprise warning on sales triggered a broad sell-off in global stock markets last week.
