Top cryptocurrency prices today: Bitcoin nears $50,000; Terra, Avalanche gain up to 13%

SynopsisBitcoin, the numero uno digital token, inched towards the $50,000 mark once again, whereas its peer behemoth Ethereum was holding above $4,000 levels.AgenciesNew Delhi: The cryptocurrency market extended its gains on Wednesday as the appetite for riskier assets increased among investors. Bargain buys at lower levels has brought up a significant rally in digital tokens.…Continue Reading

As crypto prices soar, cyber criminals target exchanges

Every month Zebpay, one of the country’s oldest and largest cryptocurrency exchanges, experiences about two Distributed Denial of Service (DDoS) attacks when cyber criminals overload the exchange’s systems to disrupt service or snoop for a vulnerability in the platform’s defences.That’s the simple part. Zebpay and other prominent exchanges have discovered that the most serious security…Continue Reading

After Drop In Fuel Prices, Will Cost Of Essential Commodities Come Down?

Following the Centre’s announcement of slashing Excise duty on fuel and the Odisha government’s orders in reducing VAT on petrol and diesel, consumers have raised hopes that the prices of other essential commodities will come down soon. The Odisha government on Thursday announced a reduction of Rs 3 Value Added Tax (VAT) on each litre of…Continue Reading

World food prices hit new 10-year high in October: FAO

World food prices rose for a third straight month in October to reach a fresh 10-year peak, led again by increases in cereals and vegetable oils, the UN food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 133.2…Continue Reading

Fuel prices hiked for 7th consecutive day, Petrol rates cross Rs 110-mark in Delhi

Petrol and diesel prices witnessed a hike for the seventh consecutive day across the country on November 02. In Delhi, with an increase of Rs 0.35 in petrol and diesel prices, their cost rose to Rs 110.04 per litre and Rs 98.42 per litre respectively today. In the country’s financial capital, Mumbai, the petrol and…Continue Reading

High energy prices hit industrial production, says World Bank

Chennai: Industrial production has been impacted by high energy prices in India and this could weigh on economic growth of the country. Natural gas and coal prices are expected to remain at high levels through the start of 2022, finds the World Bank. Industrial production in China and India has been negatively impacted by electricity…Continue Reading

Business news live | Oil prices dip

Today’s agenda:India, world’s third-largest energy consumer, has told oil producers, including the Organisation of Petroleum Exporting Countries (OPEC), that high crude prices will hasten the transition to alternate fuels and such rates will be counter-productive for the producers.Global oil refiners are said to be ramping up output to meet the rising demand in Asia, Europe…Continue Reading