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Day: 20 December 2021

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Equity investors lose Rs 5.2 lakh crore within 15 mins in market crash
Posted by: Posted on 20 December 2021

Equity investors lose Rs 5.2 lakh crore within 15 mins in market crash

Equity investors were left poorer by Rs 5.19 lakh crore as their wealth reflected in total market cap of BSE listed firms slid to Rs…

BNP exits US retail market with $16.3bn sale of Bank of the West
Posted by: Posted on 20 December 2021

BNP exits US retail market with $16.3bn sale of Bank of the West

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Joachim Nagel to take over as head of Germany’s Bundesbank
Posted by: Posted on 20 December 2021

Joachim Nagel to take over as head of Germany’s Bundesbank

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Standard Chartered hit with £47m PRA fine
Posted by: Posted on 20 December 2021

Standard Chartered hit with £47m PRA fine

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Cash grab or innovation? The video game world is divided over NFTs
Posted by: Posted on 20 December 2021

Cash grab or innovation? The video game world is divided over NFTs

Ubisoft debuted a platform that lets players own in-game cosmetic items in the form of NFTs. The move was met with widespread anger from gamers.

Bitcoin is digital gold, but its energy consumption is priceless
Posted by: Posted on 20 December 2021

Bitcoin is digital gold, but its energy consumption is priceless

Why is Bitcoin mining so energy-intensive? And is it likely to stay that way?

‘Cash could be your friend’: Wilmington Trust sees a deeper pullback providing better opportunities for investors
Posted by: Posted on 20 December 2021

‘Cash could be your friend’: Wilmington Trust sees a deeper pullback providing better opportunities for investors

Even though she’s optimistic on 2022, Wilmington Trust’s Meghan Shue believes the market is ripe for a deeper near-term pullback.

Stock futures are flat in overnight trading ahead of holiday-shortened week
Posted by: Posted on 20 December 2021

Stock futures are flat in overnight trading ahead of holiday-shortened week

Investors continued to assess the impact from the pandemic and an upcoming shift in easy monetary policy.

Privatisation: Changing tracks aided Air India, derailed BPCL sale
Posted by: Posted on 20 December 2021

Privatisation: Changing tracks aided Air India, derailed BPCL sale

The biggest achievement of circa 2021 was shedding of the taboo that ‘family silver’ was being sold. Privatisation helps save taxpayers money gained more roots…

Cred users paid Rs 52,000 crore with credit cards for shopping in 2021
Posted by: Posted on 20 December 2021

Cred users paid Rs 52,000 crore with credit cards for shopping in 2021

October recorded the highest expenditure on shopping, with Rs 7,535 crore being spent, the report titled Cred Insights stated.

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