By Administrator_ India Capital Sands The country’s largest lender, the State Bank of India (SBI) has slashed the interest rate on Home Loans by 10 basis points under a limited period offer till the end Month. The revised rates will start with 6.70 percent and would be linked to the CIBIL credit score. The borrower with […]
By Administrator_ India Capital Sands Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time. The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached […]
By Administrator_ India Capital Sands Fintech company BharatPe has raised $108 million in a Series D equity round, at a valuation of $900 million. The financial services company for merchants raised $90 million in primary fundraising and also ensured secondary exit for its angel investors and employees for $18 million. The round was led by the company’s […]
By Administrator_ India Capital Sands Mastercard has partnered with some of the biggest cryptocurrency firms, including Wirex and BitPay Financial services firm Mastercard on Wednesday announced that it will begin allowing cardholders to transact in certain cryptocurrencies on its network, becoming the latest company to embrace digital assets. “We are preparing right now for the […]
By Administrator_ India Capital Sands Gold was down on Monday morning in Asia, giving up some earlier gains as it recovers from a sharp decline seen during the previous session. However, investor hopes that the U.S. would pass more stimulus measures that could kickstart the economic recovery from COVID-19 capped losses. A $1.9 trillion stimulus […]
By Administrator_ India Capital Sands Walmart-backed PhonePe has emerged the top unified payments interface application in December, with 902.03 million transactions accounting for Rs 1.82 trillion, followed by Google Pay with 854.49 million transactions worth Rs 1.76 trillion, thus, controlling the lion’s share of the UPI market, according to the data by National Payments Corporation of India. Google […]
By Administrator_ India Capital Sands The dollar was up on Friday morning in Asia, holding onto the biggest gains in over two months as a rise in U.S. Treasury yields led to some unwinding of bearish bets on the U.S. currency. The market avoided big moves as investors finish the week. The U.S. Dollar Index that tracks […]
By Administration_ India Capital Sands Iranian energy companies have agreed deals worth $1.2 billion to raise the nation’s crude output, state-run National Iranian Oil said. The signings were initially meant to take place on Monday in Tehran in the presence of Oil Minister Bijan Namdar Zanganeh, but have been delayed, NIOC said in a statement. […]
By Administration_ India Capital Sands The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike. The world’s most popular cryptocurrency touched $29,300 before pulling back, most recently down 0.67% at $28,774.36. It has surged […]
By Administrator_ India Capital Sands LIC’s profits primarily come from sale of shares in the insurer’s large, non-linked portfolio, which includes traditional life insurance policies LIC has booked its highest ever profit of ₹25,908 crore from selling stocks in the eight months ended 30 November, three people, including a top LIC official, said, as the […]
