The prospect of a fresh ban on cryptocurrencies in India has sent an army of crypto investors scrambling to think of ways to protect or liquidate their holdings. This, as the government appears to be in final stages of bringing in a new legislation governing Bitcoin and other such tokens in India. Is investing in Bitcoin illegal in India?
Money Market
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Bitcoin Hit New Record on Sunday, Above $49,000 For the First time
Bitcoin reached a new record on Sunday, rising above $49,000 for the first time.
Aurobindo Pharma Q3 Results: Net Profit Jumps Fourfold On One-Offs; Shares Drop
Aurobindo Pharma Q3 Results : Aurobindo Pharma Ltd.’s profit surged in the third quarter, aided by one-time gains. Net profit of the drugmaker jumped fourfold over the year earlier to Rs 2,946.3 crore in the three months ended December, according to exchange filing.
JPMorgan Says Commodities May Have Just Begun a New Supercycle
JPMorgan Says Commodities : With agricultural prices soaring, metal prices hitting the highest in years and oil well above $50 a barrel, JPMorgan Chase & Co. is calling it: Commodities appear to have begun a new supercycle of years-long gains.
MPC Leaves Repo Rate Unchanged; CRR To Be Normalised In Two Phases
Accommodative Stance Would Continue Well Into Next Year, Says RBI Governor