6 additional crypto instant trading by cash introduced by Coinme
Thu, Aug 25, 2022 1:56 PM

6 additional crypto instant trading by cash introduced by Coinme

Major cryptocurrency cash exchange Coinme announced that it has added six more cryptocurrencies to its list of assets that can be purchased from its 10,000 grocery store kiosks throughout the United States. At Coinme-enabled kiosks around the nation, customers may now instantly buy Ether (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Litecoin (LTC), and Stellar (XLM) using cash.

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Sharekhan advised betting these stocks to get a 28% return
Thu, Aug 25, 2022 1:50 PM

Sharekhan advised betting these stocks to get a 28% return

On Thursday 25 August 2022, the domestic stock market opened with a positive trend. Brokerage firm Sharekhan on Arvind Ltd.: Target: Rs 125, Return: 28%| Bata India: Target: Rs 2,370 Returns: 27%| Aditya Birla Fashion : Target : Rs 370, Return : 26%| Recommended Invest in Trent Ltd: Target: Rs 1,545, Return: 15% and Relaxo Footwears Target: Rs 1,130, Return: 14%.

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Medication for chronic kidney disease launched by Bayer
Thu, Aug 25, 2022 1:48 PM

Medication for chronic kidney disease launched by Bayer

Bayer launched a medication for curing chronic kidney disease associated with diabetes. The latest medicine will be released under the brand name Kerendia. It functions as a non-steroidal, selective mineralocorticoid receptor antagonist prescribed for chronic kidney disease patients who have type 2 diabetes. Notably, India has the second highest number of diabetes patients in the world.

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Cryptos that made big moves to the upside in last 24h
Thu, Aug 25, 2022 1:44 PM

Cryptos that made big moves to the upside in last 24h

In the last 24h, the cryptocurrencies that made significant moves to the upside are Ankr (ANKR) 11.43%, Ethereum Classic (ETC) 11.41%, Decred (DCR) 10.87%, Cosmos (ATOM), 9.88%, and Lido DAO (LDO) 8.07%. On Thursday, the overall market was in green, with 24-h trading volume at $65.8 Billion.

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Air India plane undertook emergency landing In Kolkata
Thu, Aug 25, 2022 1:41 PM

Air India plane undertook emergency landing In Kolkata

A Delhi-bound Air India flight from Sydney with 159 passengers made an emergency landing in Kolkata on Wednesday. The flight had to go ahead with this decision after a 50-year-old passenger complained of breathlessness. The aeroplane was at the Netaji Subhas Chandra Bose International Airport for two hours from 4.50 PM till 6.50 PM before leaving for its final destination (New Delhi).

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Checkout why Policybazaar shares zoomed today ๐Ÿ‘‰
Thu, Aug 25, 2022 1:36 PM

Checkout why Policybazaar shares zoomed today ๐Ÿ‘‰

Policybazaar operator-- PB Fintech's stock price surged as much as 8% today before trading on a flat note. The stock movement was noticed after it announced the incorporation of a subsidiary in Abu Dhabi and investment of Rs 250 crore in Paisabazaar and Rs 650 crore in Policybazaar on August 24, 2022. The proposed new entity will function as a wholly-owned subsidiary of PB Fintech.

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Skincare brand Deconstruct raises $2 million in a seed funding round
Thu, Aug 25, 2022 1:28 PM

Skincare brand Deconstruct raises $2 million in a seed funding round

Skincare brand Deconstruct has raised $2M in its seed funding round through Kalaari Capital's flagship programs CXXO and Benext. The skincare brand, launched in 2021 by Malini Edapareddy, currently has 20 Stock Keeping Units like face washes, moisturizers and serums. At the same time, the plan is to increase the product range from 15 to 50 units in the next 12-18 months through the new fund.

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Vikas Lifecare hit 5% upper circuit within few minutes of opening bell
Thu, Aug 25, 2022 1:25 PM

Vikas Lifecare hit 5% upper circuit within few minutes of opening bell

One of the multi-bagger stocks in the Indian stock market, Vikas Lifecare, logged a 5% jump in its share price today. Its share price opened upside and hit a 5% upper circuit within few minutes of the stock market's opening bell. Recently, in a fundraising drive started by the small-cap Indian firms, AG Dynamic Funds Limited and Citrus Global Arbitrage Fund have bought stake in Vikas Lifecare Ltd.

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Coinbase CEO: Crypto bear cycle could last another 12-16 Months
Thu, Aug 25, 2022 1:20 PM

Coinbase CEO: Crypto bear cycle could last another 12-16 Months

According to Coinbase CEO Brian Armstrong, the crypto bear cycle could last another 12-16 Months. โ€œWe all hope it will be 12-18 months and nice recovery, but you obviously have to plan for being longer than that and so thatโ€™s how we think about it,โ€ said Armstrong. He further adds that Coinbase remains focused on its long-term goals rather than fluctuations on the price charts.

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Aban Offshore rallies after Rs 121 cr settlement with Central Bank
Thu, Aug 25, 2022 1:19 PM

Aban Offshore rallies after Rs 121 cr settlement with Central Bank

Shares of Aban Offshore Limited jumped 19.94%% at around 12:57 PM today after the company informed the exchanges that it has stepped into a settlement agreement on August 24, 2022, with the Central Bank of India, one of the financial creditors of the Company. The company has agreed to pay and the Bank has agreed to accept the outstanding principal of Rs121,78,41,258 within 30 days from the deal.

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Insurance firm Coverfox reported a 26.2% drop in operating revenue
Thu, Aug 25, 2022 1:14 PM

Insurance firm Coverfox reported a 26.2% drop in operating revenue

Insurance broking platform Coverfox's operating revenue declined by 26.2% to Rs 13.03 crore in FY22. The insurance firm has given this information in its annual financial statement filed with the Registrar of Companies (RoC). Coverfox deals in broking of Car, Bike, Health, Team Insurance and Investment plans. It derives about 87% of its operating revenue from its brokerage business.

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Mahindra CIE net sales stood at Rs 2,707.20 crore in June 2022
Thu, Aug 25, 2022 1:10 PM

Mahindra CIE net sales stood at Rs 2,707.20 crore in June 2022

In the first quarter ended June 2022, Mahindra CIE Automotive reported net sales of Rs 2,707.20 crore, up 32.55% from Rs 2,042.48 crore recorded in June 2021. The company's quarterly net profit also rose 38.66% to Rs 188.85 crore in June 2022. Whereas, in June 2021, the company's profit was Rs 136.20 crore. Its earnings before interest increased by 25.33% to Rs 340.09 crore in June 2022.

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ETH is currently trading at $1,693, up by 3.48% in the last 24h
Thu, Aug 25, 2022 1:02 PM

ETH is currently trading at $1,693, up by 3.48% in the last 24h

Ethereum currently trades at $1,693. In the last 24 hours, the coin has moved 3.48% to the upside and decreased by 8.32% in the last 7 days. The second-largest cryptocurrency by market cap is in green like the rest of the market. The 24-hour trading volume stands at 15.8 Billion, which is an 15.47% decrease in the last 24 hours.

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MOST USED smart contracts among the top 100 #ETH whales in the last 24hrs
Thu, Aug 25, 2022 12:57 PM

MOST USED smart contracts among the top 100 #ETH whales in the last 24hrs

The most MOST USED smart contracts among the top 100 #ETH whales in the last 24hrs are MATIC (Polygon), UNI (Uniswap), LTO (LTO Network), CHZ (Chiliz), LINK (Chainlink) & and OG (OG Fan Token). This data is given out by WhaleStats, a platform that tracks the movements of crypto whales.

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EU ban effectively stops Russian seaborne coal exports
Thu, Aug 25, 2022 12:54 PM

EU ban effectively stops Russian seaborne coal exports

An EU restriction on entities within the 27-nation bloc assisting shipments of the fuel to any place in the world effectively put an end to Russian coal exports. The largest thermal coal miner in Russia, Suek JSC, has been unable to ship the fuel since mid-August. It is difficult for shipowners to find coverage because EU, UK, and Swiss corporations dominate the insurance and reinsurance markets.

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