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Ravi Tiku’s Perspective: Decoding Today’s Headlines

Ravi Tiku’s Perspective: Decoding Today’s Headlines

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Finance News

Bitcoin Crashes Below $20,000 For The First Time Since 2020.

June 19, 2022

Bitcoin dropped below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up. Cryptocurrency(c) 2022 BloombergJoanna Ossinger and Tanzeel Akhtar, BloombergUpdated: June 18, 2022 …

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Categories Finance News

Reliance Industries Considering Buying Out Revlon In US: Report.

June 18, 2022

Reliance Industries is considering buying out Revlon Inc in the United States, days after the cosmetics giant filed for bankruptcy. Market NewsPosted by Rahul KarunakarUpdated: June 17, 2022 2:32 pm IST India’s Reliance considers buying …

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Categories Finance News

Dogecoin Investor Sues Elon Musk For $258 Billion Over Crypto Support.

June 17, 2022

Dogecoin investor Keith Johnson, who says he lost money after investing in Dogecoin, described himself as an “American citizen who was defrauded” by what he called a “Dogecoin Crypto Pyramid Scheme.” WorldAgence France-PresseUpdated: June …

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Categories Finance News

5G Coming Soon, “About 10 Times Faster Than 4G”.

June 16, 2022

India’s government approves 5G spectrum auction, paving the way for 10 times faster services than the current 4G offering. Market NewsReported by Akhilesh Sharma, Edited by Rahul Karunakar (with inputs from PTI)Updated: June 15, 2022 11:12 am …

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Categories Finance News

Oil Prices Slip As US Fed Rate Hike Looms.

June 15, 2022

Oil prices dropped on worries over fuel demand ahead of a US Federal Reserve rate hike. Global MarketsReutersUpdated: June 15, 2022 8:21 am IST Oil prices slip ahead of expected US Fed interest rate …

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Categories Finance News

With $17 Billion Loss, LIC IPO Is A Colossal Wealth Killer.

June 14, 2022

 A $17 billion wipeout in market value has made LIC one of the biggest wealth destroyers among Asia’s initial public offerings this year Market(c) 2022 BloombergReported by John Cheng and Ashutosh JoshiUpdated: June 14, 2022 …

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Categories Finance News

Stocks’ Plunge Wipes ₹ 2.3 Lakh Crore Off Top-10 Most Valued Firms.

June 13, 2022

The deep plunge in India equity benchmarks eroded the market capitalisation of the top-10 most valued companies by nearly ₹ 2.3 lakh crore last week. Market NewsEdited by Rahul Karunakar (with inputs from PTI)Updated: June 12, 2022 3:42 …

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Categories Finance News

Celebrities Beware Of New Endorsement Norms; ₹ 10 Lakh Penalty.

June 12, 2022

 ​ The government has tightened norms for endorsers, including celebrities and sports persons. Market NewsPress Trust of IndiaUpdated: June 11, 2022 4:01 pm IST Government tightens norms for celebrity endorsers; penalty of ₹ 10 lakh   …

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Categories Finance News

Wipro CEO Thierry Delaporte Is Highest Paid IT Sector Executive

June 11, 2022

IT major Wipro’s CEO Thierry Delaporte’s total compensation stood at $10.5 million (Rs 79.66 crore) for 2021-22 CorporatesEdited by Animesh SinghUpdated: June 10, 2022 7:01 pm IST Wipro CEO Thierry Delaporte is the highest paid …

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Categories Finance News

Russia-Ukraine War Led To Globalisation Of Inflation: RBI Governor

June 9, 2022

RBI Governor Shaktikanta Das on Wednesday said the Russia-Ukraine war has led to globalisation of inflation and is posing new challenges, as the central bank upped the inflation projection to 6.7 per cent for …

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