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What are crypto futures and how do they work?
Many people are familiar with futures contracts in traditional markets, where they are used to trade commodities like oil, gold, and agricultural products. These contracts have also made their way into the cryptocurrency market. Although the assets involved are different and there are some unique aspects, the core principles of trading futures contracts remain the […]
rupee today: Rupee closes nearly unchanged at 83.48 against dollar
The rupee closed nearly unchanged as on Friday due to dollar demand from local oil companies and ahead of the US employment data expected later today. The rupee closed at 83.48/$1 on Friday, versus the previous close of 83.46/$1, LSEG data showed. On a weekly basis, the local currency depreciated 0.1% The US Non Farm […]
SBI Profit: SBI Q1 results: Net profit up 12% driven by treasury gains, retail loan growth
Mumbai: State Bank of India (SBI), the largest government asset by market capitalisation, exceeded D-Street estimates with a 12% rise in the June-quarter net profit, paced by higher treasury income and growth in retail loans. Net profit rose to ₹19,160 crore, from ₹17,035 crore in the same quarter a year ago. It exceeded the ₹16,964 […]
