Day: June 10, 2024

Oil and gas sector contributes Rs 3.4 trillion to govt kitty in H1FY24Oil and gas sector contributes Rs 3.4 trillion to govt kitty in H1FY24

The country’s petroleum sector contributed Rs 3.41 trillion to the exchequer in the first half of the current financial year, down 4.6% on year, according to the latest data released by the Petroleum Planning and Analysis Cell. Of this, the sector contributed Rs 1.85 trillion to the centre and Rs 1.56 lakh crore to the […]

India bond yields seen little changed, 10-yr US yield tops 4.20 percentIndia bond yields seen little changed, 10-yr US yield tops 4.20 percent

Indian government bond yields are likely to trade largely unchanged in the early session on Tuesday, with an upward bias later in the day, as the 10-year U.S. counterpart has risen above the crucial 4.20% mark. The benchmark 7.26% 2033 bond yield is likely to be in the 7.20-7.24% range after ending the previous session […]

Imran Khan’s supporters clash with police, protests break out – See photosImran Khan’s supporters clash with police, protests break out – See photos

1/7 Former Pakistan Prime Minister Imran Khan faces a court-ordered arrest by police in the eastern city of Lahore on Wednesday amid clashes between his supporters and law enforcement personnel. (Reuters photo) 2/7 Khan is accused of unlawfully selling state gifts while in power from 2018 to 2022, but he denies wrongdoing. (Reuters photo) 3/7 […]

CBOE Digital sees Bitcoin spot ETFs drawing new institutional investorsCBOE Digital sees Bitcoin spot ETFs drawing new institutional investors

A host of new institutional investors including pension funds and registered investment adviser-based vehicles will flock to Bitcoin assets if US regulators approve the first-ever spot exchange-traded fund for the cryptocurrency, according to CBOE Digital’s president. “Seeing that approval is going to pave the way for pension funds and RIA-based funds to be able invest […]