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The degrowth was largely on the back of slow business by Life Insurance Corp of India (LIC) in the month, even as some private sector insurers such as HDFC Life, Max Life and India First reported strong growth in the month albeit a lower base.
Bitcoin hits $1 trillion market cap, surges above $55,000The world's most popular cryptocurrency jumped to an all-time high of $56,399.99, posting a weekly gain of 14%. It has surged nearly 70% so far this month and was last up 8% at $55,664.
from Stocks-Markets-Economic Times htt… Read MoreBuy or Sell: Stock ideas by experts for February 19, 2021
from Stocks-Markets-Economic Times https://ift.tt/2ZxPghm
… Read MoreAsian stocks step back from record highs on rising bond yields, weak U.S. dataCore bond yields have pushed higher globally led by the so-called "reflation trade" where investors wager on a pick-up in growth and inflation. Successful coronavirus vaccine roll-outs so far and hopes of massive fiscal spend… Read More'Crypto scam' sneaks into online K-pop fan clubs with ‘giveaway’ contestsCryptocurrency handles on Twitter are gaining followers by targeting fan communities with giveaway contests.
from Stocks-Markets-Economic Times https://ift.tt/3k7GGQ7
… Read MoreSteep rise in diesel prices to up network opex for telcos by 7-8%: Analysts“Diesel costs contribute roughly 8% to telecom companies’ operating expenses for running towers, generators etc….so, these can go up proportionately, but EBITDA (earnings before interest, tax,depreciation and amortization) wi… Read More
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