Thu, Feb 1, 2024 9:01 PM
Steel PSUs' total investment largely unchanged at Rs 10.33 crore!
A Flip by Avya Verma
Chinese police identified what they called an "underground bank" providing illegal currency conversion services. The operators exploited crypto's anonymity and ease of cross-border transfers to provide the service, China News Service reported. Chinese police arrested six people involved in using cryptocurrency to provide an illegal currency conversion operation that handled some 2.14 billion yuan.
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Since March, the market has been range-bound between $60,000 and $70,000, with the halving event in April not providing the expected boost due to a general lack of market catalysts, a trader said. One firm said short-term bitcoin holders, who have historically influenced market trends, might play a significant role in the coming months.
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Jindal Steel & Power reported a consolidated net profit of Rs 933 crore for the fourth quarter of FY24, registering a gain of 100 percent compared to last year, as the company benefitted from a robust domestic demand environment. JSPL had posted a consolidated net profit of Rs 466 crore in Q4FY23.The Naveen Jindal-led company's consolidated gross revenue in the January-March quarter.
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