Money changers’ innovative plan to use stablecoins for NRI remittances is facing disruption. The usual premium on USDT over the US dollar has vanished, leaving some operators with stuck funds or delayed transfers. This scheme offered better exchange rates than banks for sending money from the UAE, UK, and USA to India.Read More

Nifty is expected to continue its uptrend, consolidating near record highs. Analysts suggest buying on dips, with a breakout potentially pushing the index towards 26,500-26,800. IndusInd Bank and PB Fintech are highlighted as top stock picks, with specific buy recommendations and targets.Read More

Corona Remedies is set to raise ₹655.4 crore via an offer for sale. The company focuses on specialist doctors, driving faster revenue growth than the Indian pharmaceutical market. Its sales grew by 13.6% compared to the market’s 7.9%. Revenue and net profit have shown strong annual growth. Investors with a high-risk appetite can consider this...Read More

China’s central bank continued its gold accumulation for the 13th consecutive month, adding 30,000 troy ounces in November. This sustained buying, which began in November 2024, coincides with gold’s strong performance and expectations of Federal Reserve rate cuts. Global central bank purchases have also surged, driven by a need to hedge against the dollar.Read More

Companies that once saw their stock prices soar by acquiring digital assets have experienced a dramatic reversal. What began as a lucrative trend, with firms transforming into publicly traded Bitcoin holding vehicles, has now led to significant stock price declines.Read More

Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets anticipating policy announcements from major central banks amid renewed inflation pressures. The Federal Reserve’s rate path for 2026 remains uncertain, balancing price pressures and economic activity.Read More