Muthoot Finance announced a sharp rise in its quarterly profit, climbing from 13. 63 billion rupees last year to 26. 56 billion rupees in the latest three‑month period. The jump is largely driven by a surge in gold loans, as gold prices hit record highs from October to December. Higher gold value
The U. S. housing market saw a sharp decline in sales for the first month of the year, even though mortgage rates are getting lower. Only 3. 91 million existing homes were sold in January, which is an 8. 4 percent fall from December. This drop marks the biggest monthly decline in almost four y
The finance world is changing. Traditional finance (TradFi) and crypto are coming together. This is happening because of clearer rules and better tech. Experts talked about this at a recent event in Hong Kong. Rules are important. They give companies the confidence to operate. Jason Urban from Gala
Big things are happening in the world of decentralized finance (DeFi). BlackRock, a major player in traditional finance, has decided to dip its toes into the DeFi pool. They are teaming up with Securitize, a company that specializes in turning assets into tokens. This move is a big deal because it s
Bitcoin has taken a nosedive, losing nearly half its value from its peak last October. It's now worth less than it was back in November 2024. This isn't just a small blip; it's a significant drop. Things started to go downhill in early February. A massive sell-off happened, wiping out over $2. 7 bi
Bitcoin (BTC) is having a tough time lately. After a big jump on Friday, it's now losing value again. On Wednesday, it dropped over 4% in just 24 hours, trading below $66, 000. Other cryptocurrencies like Ether (ETH) and Solana (SOL) are also down, with losses around 5. 5%. Even XRP isn't doing well
In the latest earnings release, Robinhood’s stock fell about eight percent in early trading after the company revealed a 38‑percent drop in crypto revenue, pulling the overall quarterly numbers down. The firm posted a record $1. 28 billion in total revenue, up 27 percent year over year, but the c
Sports Entertainment Gaming Global Corp. made headlines after its shares jumped 17 percent to $1. 30 on Tuesday. The price stayed flat at the same level during after‑hours trade, showing investors are watching closely. In a press release that hit the market during regular hours, the Texas‑base
A new report says that most big banks are helping companies sell “green” steel that still hurts the planet. The study looked at 20 of the world’s biggest lenders and found that only one—Lloyds—avoids this problem. The rest are backing projects that use tricks like cutting down iron ore with na
Many people think retirement will be easy once they stop working, but most are not prepared. A new report shows that fewer than half of Americans can keep their current lifestyle after they stop working. The study looked at different age groups. Gen Z workers, aged 24‑28, are the best prepa
