India is taking a strong stance against privacy cryptocurrencies. The Financial Intelligence Unit has directed crypto exchanges to stop dealing in these virtual assets. This move aims to curb money laundering and mask transaction trails. Privacy coins like Monero and Zcash use advanced cryptography to hide user identities and transaction details. This directive could significantly...Read More

Investors are exploring Power Finance Corporation zero coupon bonds for diversification. These bonds offer attractive post-tax returns, surpassing bank deposits and tax-free bonds. With falling interest rates, there is potential for capital appreciation in the coming years. The issue is currently open for subscription, providing an opportunity to lock in gains.Read More

MakeMyTrip’s Q3 net profit fell 73% to $7.3 million as finance costs surged after its capital raise, even as revenues, operating profit and hotel bookings grew, aided by portfolio diversification and AI-led efficiency initiatives despite slower domestic air travel growth.Read More

BNP Paribas sold 60 lakh RBL Bank shares via a bulk deal, reducing its stake, while BofA Securities bought in. The transaction came amid recent stock weakness, despite strong one-year returns, improved asset quality, and robust profit growth.Read More