Economy
Trump Media reports $238m loss as crypto falls
The firm says it will refocus on social media, which includes a plan to sell faster access to Trump's posts.
BTC News Desk · 11 Aug, 12:25 pm
Economy
BTC
Economy
Longer financing tenures underline India’s smartphone purchases
India’s smartphone market may be slowing, but longer EMI tenures are keeping premium phone aspirations intact
BTC News Desk · 11 Aug, 12:08 pm
Economy
Gold price prediction today: Should you chase rally or buy gold on dips? Check August 11, 2026 outlook
Gold prices may not be that much sensitive to higher oil prices as has been the case in the last few months unless oil surges sharply higher. However, as the Middle East situation remains volatile, gains in gold could be limited unless oil falls. Buying the dips is preferred over chasing the rally.
BTC News Desk · 11 Aug, 11:44 am
Economy
Rupee slips 8 paise against US dollar as crude prices continue to rise
On Tuesday, the Indian rupee began its day lower against the US dollar, reflecting a sense of caution in global markets due to concerns over the ongoing West Asia crisis. The rise in crude oil prices, combined with declines in domestic equity markets, has further pressured the rupee. However, support came from foreign institutional investor inflows and intervention from the RBI, with the rupee trading at 95.
BTC News Desk · 11 Aug, 11:15 am
Economy
Rupee falls 8 paise to 95.38 against U.S. dollar in early trade
At the interbank foreign exchange market, the rupee opened at 95.38 against the U.S. dollar and maintained that level till the time of publishing the copy
BTC News Desk · 11 Aug, 11:00 am
Economy
Stock markets decline in early trade as elevated crude oil prices weigh on sentiment
From the Sensex pack, InterGlobe Aviation, Axis Bank, UltraTech Cement, Bharti Airtel, Eternal and Bajaj Finance were among the laggards
BTC News Desk · 11 Aug, 10:46 am
Economy
India’s LPG dependence on U.S. | Explained
India’s reliance on the U.S. for two-thirds of its LPG assumes significance, signalling prudent diversification of sources amid the crisis in the narrow Strait of Hormuz, which suggests that the country’s LPG security cannot be anchored to a single geography
BTC News Desk · 11 Aug, 10:33 am
Economy
$500 bn AI boom: Nvidia, Wall Street giants join hands for chip, data centre push
Nvidia has joined forces with six prominent financial institutions to enhance AI infrastructure funding. The collaboration will see these firms create platforms aimed at financing companies that purchase Nvidia hardware. The goal is to harness over $500 billion in external capital, positioning AI chips as a fresh asset class that encourages the growth of AI technology and data centers.
BTC News Desk · 11 Aug, 9:41 am
Economy
UPI and the cost of policy reversal
The government’s proposal to allow an MDR of 0.25–0.5% on UPI transactions above ₹2,000 reverses a decade-long policy; taxing the payment rail could weaken incentives for banks and fintechs to invest in UPI while undermining its role in financial inclusion, formalisation and wider digital adoption
BTC News Desk · 11 Aug, 9:25 am
Economy
SEC settles charges over SpaceX, Klarna, pre-IPO share fraud
Investors bought what they believed to be shares of SpaceX through unusually complex arrangements before its blockbuster IPO this year, leaving some unsure of what exactly they owned
BTC News Desk · 11 Aug, 8:53 am
Economy
Stock market today: BSE Sensex slips over 300 points, NSE Nifty50 trades at 24,500
BTC News Desk · 11 Aug, 8:41 am
Economy
Top stocks to buy today: Stock market recommendations for August 11, 2026 - check list
Mazagon Dock Shipbuilders, ICICI Lombard General Insurance, JSW Energy, and DLF - Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan has identified these as the top stocks
BTC News Desk · 11 Aug, 8:07 am