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The global cryptocurrency market cap was trading at the $893.91 billion mark, dropping 7 per cent in the last 24 hours. However, total cryptocurrency trading volumes plunged about 40 per cent to $75.92 billion.

At 9.30 am, the BSE Sensex was trading 497.90 points or 0.97 per cent lower at 50,997.89. Nifty50 was trading at 15,197.50, down 163.10 points or 1.06 per cent. Midcap and smallcap indices fell up to 1.8 per cent.

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APL Apollo Tubes Ltd., incorporated in the year 1986, is a Mid Cap company (having a market cap of Rs 21964.62 Crore) operating in Metals - Ferrous sector.

Elon Musk sued for $258 bn over dogecoin support

Updated at : 2022-06-17 09:20:02

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Since Musk began promoting the virtual currency, investors have lost around $86 billion, Johnson estimates. He would like Musk to reimburse investors this sum, plus pay double that in damages -- an additional $172 billion.

Tata Motors Group is now operating as three independent business units of Commercial Vehicles, Passenger Vehicles and Jaguar Land Rover, offering differentiated value propositions to their different customer segments whilst leveraging backend and corporate synergies where possible, felt the chairman.

Stagflation may be kept at bay as rebound gains pace

Updated at : 2022-06-17 08:45:02

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“The recovery remained broadly on track. This demonstrates the resilience of the economy in the face of multiple shocks and the innate strength of macro fundamentals as India strives to regain a sustainable high growth trajectory,” the RBI’s report said.

Big Fed serve may push RBI to step up its game

Updated at : 2022-06-17 08:45:02

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Bankers said increments of 25 basis points each will not work now and the RBI will have to go for a higher 50 basis point move to have any effect on prices. What that means is the yield on the benchmark bond is set to increase, possibly impacting government borrowing.

Stubbornly high crude oil prices may require Mint Road to revisit its calculations on automotive fuels, and medium-term price assumptions are likely to be raised to $115 a barrel, from $105 currently.

Infosys has been doubling down on reskilling and retaining talent through various monetary and non-monetary compensations due to the alarming rates of attrition.

SAT quashes Sebi order derecognising ICEX

Updated at : 2022-06-17 08:45:02

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SAT has given ICEX one year to bring in the required funds and meet Sebi norms. However, until the net worth criteria are met, ICEX has been asked to keep its trading operations closed. ICEX had voluntarily closed its trading operations in March 2022 and currently is only offering mutual fund-related products.

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