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Mumbai: For the Bitcoin investors in India, the ground is shrinking beneath their feet. Or so it seems. As the government prepares to bring in a bill that will likely ban the use of all private cryptocurrencies, Bitcoin is looking increasingly likely to enter its second bear market in as many months, underpinning the difficulties in owning the digital asset. Price of Bitcoin has crashed over 17 per cent from their all-time high of $58,332 in the past 24 hours amid negative comments from Tesla owner Elon Musk and US Treasury Secretary Janet Yellen. Technically, an asset is said to be in a bear...

We are waiting for the results before we take the plunge into capital goods companies beyond L&T, says the Capital Mind Founder.

While banks have done really well, we should wait for the Supreme Court hiatus on NPAs to be removed to see the real picture.

Capital Mind, says crude oil should hit a roadblock above $60-65, as more oil will come on tap and prices will go back down. Excerpts from an interview with ETNOW. What is your take on the crude price rise; it’s above $60 a barrel now. Petrol prices in India has seen a major spike in the last one year. How you are looking at some of the gas stocks and those of oil marketing companies? Crude is a strange beast, because once it crosses a certain level, more oil wells become profitable to open again, especially in shale in the US. The US is now a net exporter of crude. So you can actually get ...

ETMGS 2021 to see best of global, D-Street brains ideate on Budget & markets SECTIONS Last Updated: Jan 19, 2021, 05:28 PM IST Share Synopsis ETMarkets Global Summit, Dalal Street's most awaited event, goes virtual this year in view of the Covid-19 pandemic. The event kicks off on January 20, Wednesday ETMarkets.com Jim O'Neill is known for his long-term macro forecasts. Two decades back, he coined the term ‘BRICS’ and saw the bloc emerging as a powerhouse. But then, does a short-term worry like the forthcoming 'tapering' by the global central banks bother him? The British economist is go...