DPGC has now embarked on a new journey to expand its operations in high growth sectors and acquire nation’s assets like public enterprises to make them more vibrant and profitable with innovative business models
The turnaround for companies that have ridden Bitcoin’s coattails came as more retail investors gravitated toward even greater speculative plays like Dogecoin.
Bitcoin rose 3% to $50,800, while a Bloomberg gauge of cryptocurrencies rallied 9.5% after the worst two-day slide since late February.
Reserve Bank of India Governor Shaktikanta Das delivers an unscheduled speech on Wednesday as the second wave of coronavirus bruises the economy.
India has been posted a record increase in COVID-19 cases in the last few weeks, with the number of total infections surpassing two crores.
Market benchmark Sensex rose over 200 points ahead of Das' speech. The 30-share BSE index jumped 266.09 points or 0.55 percent to 48,519.60 in initial deals. Similarly, the broader NSE Nifty advanced 81.45 points or 0.56 per cent to 14,577.95.
The Niti Aayog official said that India needs to speed up growth rates to at least eight percent to address the issues of reduction of poverty, improving the healthcare system, and increasing the reach of education.
Narasimham is the only governor to be appointed from the Reserve Bank cadre. He was the 13th governor of RBI and served a short tenure of seven months between May and November 1977, before he was succeeded by I.G. Patel
The world’s largest derivatives marketplace is expanding its suite of crypto offerings to include Micro Bitcoin futures as interest from individuals surges on forums such as Reddit with the token’s price near record highs. Other, less regulated, crypto exchanges offer Bitcoin futures.