Asian Paints stock reaches an 8-month high
Wed, Sep 28, 2022 4:05 PM

Asian Paints stock reaches an 8-month high

In Wednesday's intraday session on the BSE, shares of Asian Paints rose by more than 2%, surpassing the market and reaching an eight-month high of Rs3,559. In the upcoming quarters, specialists herald that Asian Paints' EBITDA margin would rise due to low raw material costs from their previous highs and a better product mix.

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Krsnaa Diagnostics plans to enter retail healthcare services
Wed, Sep 28, 2022 4:03 PM

Krsnaa Diagnostics plans to enter retail healthcare services

Krsnaa Diagnostics announced intentions to open 600 testing clinics across India. The company plans to expand and expand its reach in Maharashtra, Himachal Pradesh, Punjab, West Bengal, and Rajasthan. The centres will be prepared to provide specialised services in precision medicine, genetics, etc., that are widely employed in routine diagnostics testing.

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French CB governor: Uneven crypto regulations could fuel arbitrage risk
Wed, Sep 28, 2022 4:01 PM

French CB governor: Uneven crypto regulations could fuel arbitrage risk

The governor of the French Central Bank has cautioned against arbitrage risks that could arise due to inconsistent crypto regulations globally. "We should be extremely mindful to avoid adopting diverging or contradictory regulations or regulating too late," he said. He pointed out the unevern regulations would create an uneven playing field, risking arbitrage &cherry picking.

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Are you choosing the right crypto?
Wed, Sep 28, 2022 4:00 PM

Are you choosing the right crypto?

With over 20,000 cryptocurrencies in circulation, choosing the right one for you can be challenging. Thus, Mudrex Coin Sets enable you to invest in crypto indices, i.e., theme-based crypto baskets, to help you make the right choice. Simply invest in sectors that are relevant to you

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Tesla bears predict a 50% drop in the price
Wed, Sep 28, 2022 3:49 PM

Tesla bears predict a 50% drop in the price

One of Wall Street's most vocal Tesla bears is sticking to his guns, despite mounting global recession risks putting pressure on the EV maker's top and bottom lines. Citi's Itay Michaeli maintained a sell recommendation on Tesla stock. Tesla's stock has risen more than 20% in the last three months, outperforming the S&P 500, despite global economic concerns that have weighed on markets.

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Bears dominate D-Street as Sensex drops 583.08 points, Nifty below 16,900
Wed, Sep 28, 2022 3:39 PM

Bears dominate D-Street as Sensex drops 583.08 points, Nifty below 16,900

🛑 Benchmark indices ended in deep red as bears dominate D-Street on September 28. 📊 At 3:30 PM, the Sensex dropped by 583.08 points or 1.02% at 56,524.44, and the Nifty was down 180.25 points or 1.06% at 16,827.15. 👉 Among sectoral indices, PSU Bank (🔻 2.07%), Metal (🔻 1.94%), and Bank (🔻 1.53%) experienced selling pressure.

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Fed's Powell:  DeFi needs proper regulation
Wed, Sep 28, 2022 3:33 PM

Fed's Powell: DeFi needs proper regulation

Jerome Powell, the chairman of the US Federal Reserve stated that there were “quite serious structural difficulties around the lack of transparency” in the DeFi ecosystem. “We need to be very careful about how crypto activities are taken within the regulatory perimeter, where ever they take place […] there is a real need for more appropriate regulation,” he said.

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Prices climb as the Ukraine gas crisis exacerbates supply fears
Wed, Sep 28, 2022 3:26 PM

Prices climb as the Ukraine gas crisis exacerbates supply fears

On Wednesday, Dutch and British gas prices jumped largely due to concerns that Russia could halt gas supplies to Europe via Ukraine due to a payment dispute, with flows via the Baltic Sea unlikely to resume due to substantial damage to the Nord Stream pipelines. By 0809 GMT, the Dutch October gas price had risen 16.10 euros to 200.10 euros per megawatt-hour (MWh).

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Before leaving Celsius’s CEO position, Mashinsky transferred 82.200 CEL
Wed, Sep 28, 2022 3:16 PM

Before leaving Celsius’s CEO position, Mashinsky transferred 82.200 CEL

In the last week, former Celsius CEO Alex Mashinsky transferred 82,200 CELs, or nearly $120,000, according to a report from the crypto security company PeckShieldAlert. Alex Mashinsky resigned on September 27. According to prior reports from CNBC, accounts connected to Mashinsky appear to have traded or sold nearly $40 million worth of CEL during the previous three years.

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Delhi HC sends notice to Centre on CERT-In cybersecurity directions
Wed, Sep 28, 2022 3:12 PM

Delhi HC sends notice to Centre on CERT-In cybersecurity directions

On September 28, Delhi High Court gave notice to the Union Government regarding the cybersecurity directions of the Indian Computer Emergency Response Team in retort to a petition, which argued that the April 28 directions were unconstitutional and violated citizens' privacy. On September 23, The petition requested the Delhi High Court to set aside the directions.

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These 3 companies sign MoU with Canada's Canpotex
Wed, Sep 28, 2022 3:08 PM

These 3 companies sign MoU with Canada's Canpotex

The Ministry of Chemicals and Fertilizers stated that Coromandel International, Chambal Fertilizers, and Indian Potash Limited had signed an MoU with Canada's Canpotex. Mansukh Mandaviya, Union Minister of Chemicals and Fertilizers, was presented with the MoU. Currently, India imports 100% of its Potash requirements. Every year, around 40 LMT of Muriate of Potash (MOP) is imported.

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ETH is currently trading at $1,280, down by 7.11 %in the last 24h
Wed, Sep 28, 2022 2:59 PM

ETH is currently trading at $1,280, down by 7.11 %in the last 24h

Ethereum currently trades at $1,280. In the last 24 hours, the coin has moved 7.11% to the downside and decreased by 3.60% in the last 7 days. The second-largest cryptocurrency by market cap is in red, like the rest of the market. The 24-hour trading volume stands at 17.8 Billion, which is a 9.61% increase in the last 24 hours.

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HG Infra's arm garners completion certificate for project worth Rs606 cr
Wed, Sep 28, 2022 2:58 PM

HG Infra's arm garners completion certificate for project worth Rs606 cr

The wholly-owned subsidiary of HG Infra Engineering Limited, Sohna Highway Private Limited, has garnered the completion certificate for a project worth Rs606 crore. Independent Engineers issued the completion certificate to the company. At around 2.39 PM, H.G. Infra Engineering was trading 1.74% lower from its previous closing on the BSE.

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Japan's Nikkei ends at near 3-month low on global recession fears
Wed, Sep 28, 2022 2:52 PM

Japan's Nikkei ends at near 3-month low on global recession fears

Japan's Nikkei share average terminated at a near three-month low on Wednesday, amid deepening recession fears hitting Wall Street overnight, while a media report that Apple dropped plans to produce more iPhones was also considered belief. The Nikkei fell 1.5% to close at 26,173.98, after hitting a July 1 low of 25,938.36 earlier.

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Dia Mirza invests in sustainable clothing brand Greendigo
Wed, Sep 28, 2022 2:50 PM

Dia Mirza invests in sustainable clothing brand Greendigo

Sustainable baby apparel brand Greendigo gets backing from Bollywood actress Dia Mirza. The apparel startup has also onboarded the Bollywood star as its ambassador. Via the collaboration, the startup indents to raise awareness about toxic chemicals used in apparel, especially baby clothing. The startup was founded in 2019 by Barkha Bhatnagar Das and Meghna Kishore.

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