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Currencies

Why crypto prices are on the rise as Donald Trump backs five coins for ‘crypto reserve’ | Business News

After talking about creating a “strategic reserve” of cryptocurrencies during his Presidential bid last year, Donald Trump has for the first time announced five virtual coins he plans to include in the American reserve stockpile – a move which has given a booster shot to the crypto trading market, helping it upend the downward trajectory it seemed to be headed on over concerns around Trump’s uncertain trade decisions.The market prices of the five coins he named – Bitcoin, Ethereum, XRP, Solana and Cardano – all swiftly jumped after the announcement....
Stock Market

Stock market today: BSE Sensex opens over 350 points up; Nifty50 above 22,200

"We will wait for 22950 to be conquered, as a confirmation of strength," said Anand James, Chief Market Strategist, Geojit Financial Services. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday. While BSE Sensex rose over 350 points, Nifty50 was above 22,200. At 9:16 AM, BSE Sensex was trading at 73,585.72, up 388 points or 0.53%. Nifty50 was at 22,234.80, up 110 points or 0.50%.Indian equity markets experienced a significant downturn last week, primarily attributed to unfavourable global indicators following...
Upcoming Investments

Budget Expectations 2025: CII’s wishlist for boosting manufacturing sector in upcoming budget

In the upcoming Union Budget 2025-26, CII (Confederation of Indian Industry) expects the government to focus on boosting the manufacturing sector under various criteria. As India's economy continues to grow, the manufacturing sector holds an important role in unlocking sustainable development and job creation. However, the sector has been facing challenges in recent years. To revive growth and create employment opportunities, the government must implement policies in the upcoming Budget 2025 that support the manufacturing sector.  In this context, these are the expectations of CII from the upcoming budget, highlighting...
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