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Stock market influencers👁️😃
🚨CEO of the Turkish crypto exchange Thodex, was sentenced to 11,196 years in jail. He stole $2 billion from customers.
Thodex was one of Turkey's largest crypto exchanges before it suddenly went offline in April 2021 and Özer (CEO of Thodex) went missing. More than 400,000 members were left without access to their money: a total of $2 billion in cryptocurrencies.
Özer was suspected of having fled Turkey and after Interpol issued a red notice for him, he was arrested in Albania last year.
Thodex was one of Turkey's largest crypto exchanges before it suddenly went offline in April 2021 and Özer (CEO of Thodex) went missing. More than 400,000 members were left without access to their money: a total of $2 billion in cryptocurrencies.
Özer was suspected of having fled Turkey and after Interpol issued a red notice for him, he was arrested in Albania last year.
🌍G20 Summit 2023
🚧India-Middle East-Europe Economic Corridor🚧
The US, India, Saudi Arabia, the UAE, France, Germany, Italy and the EU to develop an India-Middle East-Europe Economic Corridor
The countries intend to link both continents to commercial hubs and facilitate the development and export of clean energy; lay undersea cables and link energy grids and telecommunication lines to expand reliable access to electricity; enable the innovation of advanced clean energy technology; and connect communities to secure and stable Internet, the release said.
The corridor is expected to drive existing trade and manufacturing while strengthening food security and supply chains. It also aims to unlock new investments from partners, including the private sector, and spur the creation of quality jobs.
🚧India-Middle East-Europe Economic Corridor🚧
The US, India, Saudi Arabia, the UAE, France, Germany, Italy and the EU to develop an India-Middle East-Europe Economic Corridor
The countries intend to link both continents to commercial hubs and facilitate the development and export of clean energy; lay undersea cables and link energy grids and telecommunication lines to expand reliable access to electricity; enable the innovation of advanced clean energy technology; and connect communities to secure and stable Internet, the release said.
The corridor is expected to drive existing trade and manufacturing while strengthening food security and supply chains. It also aims to unlock new investments from partners, including the private sector, and spur the creation of quality jobs.
🚨Market Rumour:
Kavish Kataria fired from Societe General Securities today morning for front running trades in Indian Stocks. He was managing ₹4000 crore basket of Midcap and smallcap companies. His entire holdings being liquidated at the moment. This brought pressure in stocks.
Kavish Kataria fired from Societe General Securities today morning for front running trades in Indian Stocks. He was managing ₹4000 crore basket of Midcap and smallcap companies. His entire holdings being liquidated at the moment. This brought pressure in stocks.
Midcaps and Smallcaps had performed well in recent weeks. So, for any reason, some downfall in stocks was due to come. Any stock having strong fundamental is unlikely to fall much if market pressure continues. But those shares which surged without any news or reason and fundamentals are not strong, might see continued pressure if stock market remains weak this weak.
Indian-origin Singapore-born economist Tharman Shanmugaratnam was on Thursday sworn in as the ninth president of Singapore.
Tharman, 66, will serve a six-year term. He succeeds President Halimah Yacob, Singapore's first female president, whose term ended on September 13.
Singapore, in the past, has had two Indian-origin presidents.
Tharman, 66, will serve a six-year term. He succeeds President Halimah Yacob, Singapore's first female president, whose term ended on September 13.
Singapore, in the past, has had two Indian-origin presidents.
As relations between India and Canada are degrading, Canadian pension fund's holdings should be in focus. Pension fund might reduce its exposure in the coming time if tensions remain.
These are stocks where Canadian Fund holds significant chunk of shares.
Pic @businesstoday
These are stocks where Canadian Fund holds significant chunk of shares.
Pic @businesstoday
The Monetary Policy Committee (MPC) chaired by RBI Governor Shaktikanta Das—decided to keep the repo rate unchanged at the existing 6.5 percent on October 6.
The RBI continues to exercise caution, with its policy primarily focused on managing inflation uncertainty and liquidity, rather than reacting to the unpredictable global economic landscape.
The RBI continues to exercise caution, with its policy primarily focused on managing inflation uncertainty and liquidity, rather than reacting to the unpredictable global economic landscape.
🚧 INFOSYS has said that it won’t be hiring fresh talent from campuses this year. This is because it still has a “significant fresher bench” and there is a decline in demand in key markets like the US.