Finance

Ripple CTO says XRPL’s maturity, low fees, and flexibility make it ideal for future global finance. XRPL offers a permissionless design with optional regulated features for broad financial use cases. Proof-of-Authority consensus gives XRPL fast, predictable settlement for institutional-grade payments. Ripple’s Chief Technology Officer (CTO), David Schwartz, has outlined how the XRP Ledger’s (XRPL) architecture …

Ripple CTO highlights XRPL’s maturity and flexibility for next-generation of global finance Read More »

Block’s Proto will release new Bitcoin mining chips this week. Photo: David Becker Key Takeaways Block plans to issue $1.5 billion through a private senior notes offering to institutional investors. Proceeds will be used for corporate purposes including debt repayment, acquisitions, and capital investments. Block, Jack Dorsey’s fintech firm, announced on Wednesday its plans to …

Jack Dorsey’s Block to raise $1.5B in notes offering for corporate growth Read More »

Cardano continued with its gains, surging above $0.82. The surge represented over 10% gains in four days. However, the ADA coin failed to break above $0.84, correcting to around $0.77 level, despite rising open interest. At the same time, capital rotation is fueling early-stage projects like Unilabs Finance. This project dominates investors’ conversations due to …

Cardano Fails to Break Resistance While Unilabs Rockets Past Expectations With $13.2M Juggernaut Raise Read More »

This is the biggest ever single day sale for Bangalore-based Flipkart, since the time the company started in 2007. October 05, 2016 / 15:21 IST Priyanka Sahaymoneycontrol.com E-commerce firm Flipkart recorded sales worth around USD 200 million on Monday, its highest-ever single-day sale in the company’s history, a spokesperson for the company has told moneycontrol.com.The sales are likely the …

Flipkart records highest-ever single day sale, grosses $200mn Read More »

“Allowing imports of cement from Pakistan, therefore, carried with it the additional risk in that it provides an effective cover for smuggling of contraband goods and harmful weapons and ammunition concealed in cement bags which comes in rakes and trucks, in the hands of disruptionist elements,” he said. October 05, 2016 / 15:06 IST Amidst …

Subramanian Swamy seeks ban on import of cement from Pakistan Read More »

HomeNewsBusinessCompaniesMoneycontrol Exclusive: Govt plans overhaul of tax administration for smooth GST rollout The government has readied plans for a major change in India‘s tax administration structure, including overhauling the Central Board of Excise and Customs (CBEC) to ensure a glitch-free roll-out of a nation-wide goods and services tax (GST). October 06, 2016 / 07:58 IST …

Moneycontrol Exclusive: Govt plans overhaul of tax administration for smooth GST rollout Read More »

Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki are top gainers while ONGC, Axis Bank, M&M, Bajaj Auto and Hero MotoCorp are major losers in the Sensex. October 05, 2016 / 15:42 IST Moneycontrol Bureau3:30 pm Market closing: After a lot of struggle, the market has ended lower. The Sensex was down 113.57 points …

Sensex, Nifty wobbly; Hind Zinc, SBI, Force Motors most active Read More »

ixigo, India‘s leading mobile travel marketplace has announced partnerships with Uber and redBus to enable instant bookings for cabs and buses natively within ixigo trains app. October 05, 2016 / 15:23 IST ixigo, India’s leading mobile travel marketplace has announced partnerships with Uber and redBus to enable instant bookings for cabs and buses natively within …

Uber redBus partner with ixigo for train travellers Read More »

Block’s Proto will release new Bitcoin mining chips this week. Photo: David Becker Key Takeaways Block plans to issue $1.5 billion through a private senior notes offering to institutional investors. Proceeds will be used for corporate purposes including debt repayment, acquisitions, and capital investments. Block, Jack Dorsey’s fintech firm, announced on Wednesday its plans to …

Jack Dorsey’s Block to raise $1.5B in notes offering for corporate growth Read More »

Cardano continued with its gains, surging above $0.82. The surge represented over 10% gains in four days. However, the ADA coin failed to break above $0.84, correcting to around $0.77 level, despite rising open interest. At the same time, capital rotation is fueling early-stage projects like Unilabs Finance. This project dominates investors’ conversations due to …

Cardano Fails to Break Resistance While Unilabs Rockets Past Expectations With $13.2M Juggernaut Raise Read More »