Gautam Adani suffered a Rs 3,000 crore shock every week over the last year as his wealth tumbled to $53 billion, as per M3M Hurun Global Rich List 2023 released data today. With a net loss of $28 billion, Adani also gave away his status as India's richest individual to Mukesh Ambani with an estimated net worth of $82 billion.

Since its introduction, the Central Bank of Nigeria's digital currency eNaira has seen a significant increase in usage. On Tuesday, March 21, Governor Godwin Emefiele reported that eNaira transactions had risen by 63% to 22 billion nairas ($47.7 million). Additionally, the total number of CBDC wallets has grown by more than double since October 2022.

Rakuten Bank Ltd.'s IPO is expected to raise up to 116.6 billion yen ($881 million) for the firm and its parent, making it Japan's largest listing in more than four years. Rakuten Holdings Inc.'s banking business established an indicative price range of 1,630 yen to 1,960 yen per share for its Tokyo IPO on Wednesday. The stock will begin trading on the Tokyo Stock Exchange on April 21.

On March 28, the Political Affairs Committee of the National Assembly of South Korea will be holding its first bill review session to discuss and propose bills concerning virtual assets. Currently, there are 18 bills related to virtual assets pending at the Political Affairs Committee.

The IPO of Udayshivakumar Infra has continued seeing a positive response on March 22, the third day of bidding. The IPO size was 2 crore shares, and bids for 7.45 crore equity shares have been received, resulting in a subscription of 3.73 times. High networth individuals have been particularly enthusiastic about the offer, subscribing 5.91 times the allotted quota.

Asian Energy Services' stock rose on March 22 after the company received a Rs 165 crore order from Svetah Energy Infrastructure FZE in the UAE. The order covers the operation and maintenance of the Svetah Venetia floating production storage and offloading system, which will be installed for oil and gas production in the offshore area near Pondicherry on India's east coast.

If you are thinking of taking a cheap home loan, the State Bank of India has brought the best offer for you. State Bank of India (SBI) provides home loans at 8.5% to customers with credit scores above 750. Similarly, Housing Development Finance Corp (HDFC) is offering 8.7% to customers with a credit score above 760.

Nikhil Gandhi, the COO of MX Player, announced on Wednesday (March 22) that he is leaving his post to pursue other interests. Gandhi is currently serving out his notice period to ensure a smooth transition. This is in after Amazon has begun to investigate MX Player with the intention of purchasing it from Times Internet, who bought it for $144 Mn in 2018.

Britain's inflation rate increased for the first time in four months, shocking economists and boosting pressure on the Bank of England to raise interest rates at its meeting on Thursday. As per the Office for National Statistics, the consumer price index increased to 10.4% in the year to February from 10.1% the previous month, as rising energy prices continued to pressure household budgets.

The government has started the trial of Urea Gold. It is believed that soon the approval will be received from the government for its marketing. The government is going to bring urea gold as an alternative to urea. While, Nano DAP will be made available in the market as an alternative to DAP. Not only this, Nano DAP will be made available in the market as an alternative to DAP.

On Wednesday, Sula Vineyards saw its shares jump 9% to Rs 371.2 during intraday trading on the BSE. This was after the brokerage firm CLSA initiated coverage on the stock with a buy rating. Over the past two trading sessions, the stock has risen by 12%. CLSA set a target price of Rs 475, indicating that the stock could potentially increase by 30% from its current price of Rs 365.

Rule 72 is a rule under which money can be doubled. In this rule, investors do that in whatever scheme they have invested money, the annual return they will get in that scheme at the estimated interest rate, they will divide it by 72, that is, they will divide it, the number that will come out of it. There will be as many years in which your money will double.

Adani Airports will bid for more airports in India as it strives to become the country's biggest airport operator, said CEO Arun Bansal. Adani Airports won bids to run six airports in the government's most recent round of airport privatisation. Over the following 2 years, India is anticipated to privatise a dozen more airports, and Bansal stated that the group would participate in the bidding.

The IFC, a branch of the World Bank, has decided to invest ₹600 crore in Mahindra Group's electric mobility business to increase the availability of electric three-wheelers and small commercial vehicles that are more economical. IFC will own between 9.97% and 13.64% of NewCo following a ₹600 crore investment.

On the occasion of the Hindi New Year, brightness has returned in the stock market. Today all the shares of Adani are trading on the green mark, Green was visible till Ports Seeker Power. Adani Green was on the upper circuit of 5%. NDTV, Adani Wilmar, Adani Enterprises, Adani Power, Adani Total Gas, Adani Transmission, ACC, and Ambuja Cement were also among the gainers.