Wednesday, July 6, 2022

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Finance

Nykaa’s Falguni Nayar is now five times richer than Paytm’s Vijay Shekhar Sharma with personal assets worth USD 4.9 billion

Falguni Nayar enters the Hurun Global Rich List 2022 as the richest new entrant from India with personal wealth amounting USD 4.9 Billion. India added 51 new billionaires in the list.

As Russia faces sanctions for invading Ukraine, its currency Ruble slips below 100 vs US dollar

Every day since the Russian invasion of Ukraine has begun, Ruble has fallen against the dollar and the Euro daily.

BharatPe sacks Madhuri Jain, wife of Ashneer Grover over financial irregularities

Ashneer Grover's wife Madhuri Jain Grover terminated from BharatPe.

‘Never applied for a loan but loan got disbursed by Dhani’: Suspected loan fraud at IndiaBulls’ loan app, what we know so far

Fraudsters are using PAN cards of unaware citizens to avail micro loans from apps like Dhani

Reserve Bank of India steps in, says RBL Bank health status ‘stable’ after shares tank 25% following central bank’s action over weekend

The unanticipated RBI action followed by the tanking of the share price of RBL Bank pushed the panic button amongst investors and customers of the private sector lender.

RBL Bank shares hit 52-week-low after RBI action: Here is what happened

The share price fell after a series of developments over the weekend where the Reserve Bank of India (RBI) sent a nominee to bank's board a day after the sudden departure of Vishwavir Ahuja as the bank's CEO.

Cryptocurrency and India: Busting the myths and conspiracy theories as Govt tables the Bill in winter session

India's plans to introduce digital currency is a force multiplier and will lead to regulated cryptocurrency markets

Paras Defence: From being oversubscribed 304 times to up more than 370%, why India is betting big on it

With Space sector opening up to private players and government upping its ante to strengthen the defence force, it is an exciting time for an investor in India.

Finance Minister announces relief packages for Covid-affected sectors, chalks out plan to revive tourism sector

Finance Minister Nirmala Sitharaman has announced a slew of measures to help sectors struggling due to Chinese coronavirus pandemic

Dogecoin: All you need to know about the cryptocurrency based on a meme

On crypto data tracker CoinGecko.com, Dogecoin jumped more than 800% over the last month and is now the fourth-largest digital currency, with a market capitalization of $73 billion.

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