Economics

Cryptocurrencies nurse mega losses Bitcoin back above $30000

Cryptocurrencies nurse mega losses Bitcoin back above $30000

  • By Admin --
  • Saturday, 14 May, 2022

Cryptocurrencies nursed large losses on Friday, with Bitcoin back above $30,000 and but still set for a record losing streak after the collapse of…

Read more
With floods and electricity shortages South Africas economy is threatening to go into reverse

With floods and electricity shortages South Africas economy is threatening to go into reverse

  • By Admin --
  • Friday, 13 May, 2022

South Africa’s economy picked up momentum in the first quarter of the year, but historic flooding in a key province and the threat of unprecedented…

Read more
Iran raises prices of food staples stirring panic and anger

Iran raises prices of food staples stirring panic and anger

  • By Admin --
  • Friday, 13 May, 2022

DUBAI, United Arab Emirates -- Iran abruptly raised prices as much as 300% for a variety of staples such as cooking oil, chicken, eggs and milk on…

Read more
Nifty 50 companies report healthy profit growth despite strong headwinds

Nifty 50 companies report healthy profit growth despite strong headwinds

  • By Admin --
  • Wednesday, 11 May, 2022

The net profit of nearly half of the Nifty 50 companies, which have announced their results so far, grew 29% in the March 2022…

Read more
Crypto investors alert

Crypto investors alert GST Council mulling 28% tax on Bitcoin other cryptocurrencies

  • By Admin --
  • Tuesday, 10 May, 2022

In what could further dampen the mood of crypto investors in the country, the goods and services tax (GST) council is mulling a 28 per cent tax on…

Read more
Kevin OLeary says there are plenty of good places to hide as interest rates rise

Kevin OLeary says there are plenty of good places to hide as interest rates rise

  • By Admin --
  • Monday, 09 May, 2022

As interest rates in the U.S. rise, investors can put their money to work by looking at companies in the S&P 500 that can “increase…

Read more
Bitcoin drops below $34000 over the weekend

Bitcoin drops below $34000 over the weekend extending Fridays losses

  • By Admin --
  • Monday, 09 May, 2022

Bitcoin continued to slide after a broader stock sell-off in the U.S. last week sent the cryptocurrency market into a frenzy and prompted bitcoin to…

Read more
Chinas April exports slow imports unchanged as virus curbs expand

Chinas April exports slow imports unchanged as virus curbs expand

  • By Admin --
  • Monday, 09 May, 2022

China’s export growth slowed to single digits in April, while imports were unchanged as tighter and wider Covid-19 curbs halted factory production,…

Read more