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Bitcoin may be synonymous with crypto as it was designed as an independent virtual currency that could also be a hedge against inflation. To facilitate Bitcoin transactions, blockchain — distributed ledger technology — was developed by its anonymous creators in 2008.

In a sign of financial markets returning to normalcy, the RBI has extended the trading hours for the various entities it regulates.“With the abatement of operational constraints, the trading hours were partially restored with effect from November 9, 2020.

The dollar index was back above 100 on Tuesday morning, supported by high U.S. yields ahead of inflation data that is expected to show U.S. prices gained the most in over 16 years, reinforcing expectations of aggressive Fed tightening policy.

With monetary support rapidly receding and recession risks rising, investors are hunkering down. Companies resilient to an economic slowdown such as health care are back in favor. Ditto cash and dividend-paying stocks. Meanwhile, demand for hedging is creeping up in the options market.

Founded in 2008, Shriram General Insurance is a joint venture between Shriram Capital, the holding company for Shriram Group’s financial services business and Sanlam Limited, a leading pan-African financial services group. The transaction will be the New York-based alternate asset manager’s third investment in Indian insurance segment.

According to analysts, the government has increased the pace of awarding of roads projects after the elections in five states. That would also help MoRTH to achieve its target for the full year.

Motilal Oswal expects NBFCs under its coverage to report a year-on-year net profit growth of 32% led by Bajaj Finance, Cholamandalam Investment and Finance, L&T Finance and LIC Housing Finance (LICHF). It expects higher credit costs to hurt Mahindra & Mahindra Financial Services, which could impact its earnings.=

Bad loan ratios will decline because of recoveries or write-offs of legacy problem loans while the formation of new stressed loans will stabilise as the economy recovers.

Buffett, 91, has long objected to the costs of doing business on Wall Street. He rarely uses investment banks at Berkshire, relying on 98-year-old Vice Chairman Charlie Munger for help in major capital decisions.

The Dow Jones Industrial Average fell 90.9 points, or 0.26%, at the open to 34630.27.