Coinbase to cease all services in India this month amid regulatory hurdles

New Delhi (IANS) Facing regulatory hurdles in India, global cryptocurrency platform Coinbase reportedly plans to end all services for its users in the country later this month.

Coinbase Co-founder and CEO Brian Armstrong visited India last…

Buoyant sentiments may lift Nifty towards 20K mark over next few days

New Delhi (IANS) Nifty has been gaining strength and is inching closer towards its life high of 19,992, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

With monsoon gradually improving and India hosting G20…

PC manufacturers meet MeitY officials on import curbs, seek solutions

New Delhi (IANS) As PC and laptop makers urge the government to rethink its decision on import licensing requirements accompanied by a quota, the industry stakeholders have met IT Ministry officials to seek solutions on the matter.

The meeting…

Apple set to end 2023 with 7% market share for iPhones in Android-dominated India

New Delhi (IANS) Driven by domestic manufacturing, Apple iPhones are set to garner 7 per cent market share in the Android-dominated smartphone market in India this year, latest data showed on Saturday, as the tech giant gears up to globally launch…

Nifty at seven week high, just 172 points from life highs

New Delhi (IANS) Nifty closed higher for the sixth straight day with gains of 93 points (+0.5 per cent) at 19820 levels. Despite mixed global cues, index bounced back to seven week high and is just 172 points away from its life highs, says Siddhartha…

RBI to discontinue incremental cash reserve ratio requirement for banks, funds to be released in phases

New Delhi (IANS) The Reserve Bank of India (RBI) has decided to discontinue the requirement for scheduled banks to maintain an incremental cash reserve ratio (I-CRR) of 10 per cent on the increase in their net demand and time liabilities (NDTL).

India’s Natco Pharma sued in US

Chennai (IANS) The Hyderabad-based pharmaceutical major Natco Pharma Ltd on Friday said the company and others have been named as defendants in a case filed in the US.

In a regulatory filing Natco Pharma said, the company along with Celgene…

India saw 18 new GCCs in 1st half this year, tier 2 cities gain prominence

New Delhi (IANS) India saw the establishment of 10 Global Capability Centres (GCCs) in the first half this year, with nearly 83 per cent of those catering to three functional areas of engineering R&D, IT and Business process management (BPM), a new…

India removes additional duty on 12 US products ahead of Biden's visit

New Delhi (IANS) India has done away with additional duties on some American products like chickpeas, lentils, and apples, as US President Joe Biden is set to arrive on a three-day visit to India.

These additional duties were imposed in 2019…

Shipping and defence stocks see buying interest on order wins

New Delhi (IANS) Niche sectors like shipping and defence stocks continue to see buying interest on the back of large order wins and strong order book, Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services said on Thursday.