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Cryptocurrencies saw a mild uptick in prices after the US Federal Reserve raised its benchmark lending rate by 25 basis points to a range between 5.25% and 5.5%. Bitcoin gained 0.67% to $29,429, while Ethereum was above the $1,850 level. However, analysts warned that for cryptocurrencies

Bitcoins value remained below the US$29,500 threshold as investors eagerly awaited the U.S. Federal Reserves decision, scheduled for later today. Although BTC experienced a dip to a one-month low at the beginning of the week, it has been gradually rebounding, Edul Patel, Co-founder and CEO at Mudrex, said.

Dunzo had received legal notices from Google India, Nilenso, Clover Ventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance.

From around March this year, Dunzo has received a legal notice from at least seven entities which include Google India, Nilenso, Clover Ventures, Facebook, Cupshup, Koo and Glance. In all, these total to about Rs 11.4 crore, nearly double of Rs 5-6 crore that was estimated earlier.

Dunzo had received legal notices from Google India, Nilenso, Clover Ventures, Facebook India Online Services Private Limited, Cupshup, Koo and Glance.

The market cap of Bitcoin, the worlds largest cryptocurrency, was around $578 billion. Bitcoins dominance is currently 48.58%, an increase of 0.04% over the day, according to CoinMarketCap.

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Three years after they vociferously claimed to build a TikTok for Bharat, most of these short video apps have pivoted, merged, or simply disappeared.

As of now, some succor is available on margins from a pick-up in sentiments and therefore disbursement velocity in the relatively high-yield NBFC adjacent risk-on loan segments like CV/CE, micro-SME, rural, etc. These are inherently higher-yield segments and should provide incremental support to loan yields, in our view.

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