Explained: CCI market study on pharma sector – The Indian Express

“ As evidenced by the formulation-level data on prices and market shares, market leadership position is often enjoyed by brands that command the highest or relatively higher prices,”, the competition regulator observed. “A mechanism may be devised under the aegis of the CDSCO to create awareness on quality issues, build capacity, and harmonise training and […]

With Cryptocurrency Bill in offing, experts list options for worst case scenario – The Indian Express

India today has over 10 crore cryptocurrency investors, who have collectively poured in over $10 billion dollars, according to broker discovery and comparison platform BrokerChooser. “The existing traders and investors will have to book losses, opening the floodgates for huge financial claims and disputes. But the cryptocurrencies are global and will not be affected by […]

‘When did I mention measles?’: Fox News’s Laura Ingraham gets confused by Netflix’s You …

In one of the best TV moments in history, Fox News host Laura Ingraham started a laughing riot online after she confused herself with Netflix show You. “I was watching an episode of You when measles came up,” Arroyo said. And even though the guest tried to explain he wasn’t referring to her, but the […]

Someone just transferred $1 Billion worth of Bitcoins, to a wallet – The Indian Express

Accounts holding such large crypto coins are potentially capable to influence or even manipulate the value of the cryptocurrency and are called— crypto whales, in the crypto slang. According to Blokchain.com, the amount of Bitcoin transferred into another is a whopping $993,191,088 . “This transaction was first broadcast to the Bitcoin network on November 15, […]

Bitcoin drops toward $60,000, Ether falls amid broad crypto dip – The Indian Express

Global crypto market cap has dropped some 7% in the past 24 hours to $2.8 trillion, according tracker CoinGecko. “We’ve seen the U.S. He also cited concerns about China continuing its regulatory crackdown. New tax-reporting requirements for digital currencies are part of the $550 billion infrastructure bill that President Joe Biden just signed into law. […]

Bitcoin just got a major upgrade called Taproot: Here’s what’s changing – The Indian Express

Bitcoin, the world’s most valuable cryptocurrency, has now received its biggest upgrade since 2017, called Taproot. Interestingly, Taproot is the biggest upgrade in Bitcoin’s network after the Segregated Witness , upgrade in July 2017 that addressed scalability issues. However, with Taproot coming into the picture, multiple transactions could be done to a Bitcoin wallet, which […]

Looking at non-stop flights to a lot of new international markets: IndiGo CEO | Business …

CEO of low-cost airline IndiGo Ronojoy Dutta, who spoke to Pranav Mukul, expects this trend to stay, and said the carrier is looking to capitalise on this by expanding into new international markets as the sole non-stop service. Our system capacity on one day — November 8 — was highest ever, even pre-Covid. We want […]

ED probing Bitcoin ‘irregularities’, will take action against those found guilty – The Indian Express

Speaking to reporters in Bengaluru, Bommai said, “All the necessary information has been provided for these agencies. It is our government which recommended the ED and CBI to probe the case. If the case had a Karnataka connection since 2016, why did their own government not probe the case back then? Why did the then […]

Peruvian family buys husky, turns out to be Andean fox | Trending News,The Indian Express

When Maribel Sotelo and her family bought a cute puppy from a small shop in central Lima, the sellers outsmarted them and said that it was a Siberian husky. According to Reuters, the ‘husky’ began to chase neighborhood chickens and ducks to kill or eat them. Believing it was a purebred husky, the Sotelos paid […]

Rahul Gandhi says Karnataka Bitcoin scam big but cover-up much bigger, Cong seeks SC …

“India’s biggest ever ‘Bitcoin Scam’ has been unearthed in Karnataka. “This is not a money laundering crime alone, this is an international crime. There are doubts being raised on the reputation of Basavaraj Bommai and his political career and reputation are at stake and that is why he should write to the government for constituting […]

Karnataka: Seizure not shown in Bengaluru Bitcoin puzzle | Cities News,The Indian Express

Despite making a public announcement in January 2021 it seized 31 Bitcoins worth Rs 9 crore from a hacker arrested in November 2020, the Bengaluru police have not shown the seizure in a chargesheet filed the following month. One of the primary reasons for a cloud of suspicion of corruption around cases involving the hacker […]

‘Retail credit market bounces back, PSBs lead’ | Business News,The Indian Express

Cibil said inquiry volumes have increased by 54 per cent between February and October, as economic activity gained momentum. It added the second wave of the pandemic had a significant impact on the nation as a whole, but the retail credit market was more resilient as lenders adjusted their business models and became better equipped […]

Rising global inflation ignites market sell-off, rupee slides | Business News,The Indian Express

The benchmark indices declined on Thursday, taking cues from global peers as US inflation data hit a 30-year high on Wednesday, amid volatility due to the weekly expiry of F&O contracts. Sector-wise, Nifty Realty was the top loser, shedding 2.3 per cent, whereas Nifty Auto, Nifty Metal, and Nifty PSU Bank ended lower by 1 […]

On Bitcoin ‘scam’, Bommai says: Guess Amit Shah has more info than us – The Indian Express

There was also no discussion on it with Amit Shah, but I guess he has more information on the scam than us,” he told the media in Delhi. While BJP leaders have so far maintained that allegations of involvement of party leaders in the cryptocurrency scam are only rumours, Bommai’s remark, which many party leaders […]

Market Highlights: Sensex crashes 433 points, Nifty settles below 17900-mark

Apart from this, the Nifty Pharma index cracked 1.39 per cent due to a fall in Laurus Labs and Alembic Pharmaceuticals. “Global inflationary pressure following upsetting US inflation data forced the domestic market to trade with deep cuts. The initial public offering of Latent View Analytics opened for subscription on Wednesday, November 10, 2021. Tesla […]