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Sensex rises over 200 points, Nifty above 23,400 as investors eye RBI MPC meet outcome
economictimes_indiatimes5d ago

Sensex rises over 200 points, Nifty above 23,400 as investors eye RBI MPC meet outcome

Indian stock markets are trading higher today. Sensex and Nifty are extending their gains for a second day. Investors are keenly watching the Reserve Bank of India's Monetary Policy Committee meeting. Market analysts expect the RBI to hold interest rates but signal future hikes. This policy decision will influence banking, auto, and real estate sectors.

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Interesting Facts – 05 June 2026
saachibaat5d ago

Interesting Facts – 05 June 2026

😳 WHY ❓❓❓ ======================= Why can’t Reserve Bank of India print more currency notes, as per people’s need? People deposit their savings in banks. Banks lend this money in the form of loan to wannabe entrepreneurs. Entrepreneurs invest them in their businesses. Business give salary to people and themselves earn money from customers. This earned [...]

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Peak XV sells Go Digit shares worth Rs 100 Cr via block deal
entrackr5d ago

Peak XV sells Go Digit shares worth Rs 100 Cr via block deal

Peak XV Partners, an early investor in Go Digit General Insurance, offloaded shares worth Rs 100 crore in a block deal on the National Stock Exchange (NSE) on Thursday. According to NSE data, Peak XV Partners, through its affiliate Peak XV Partners Growth Investments III, sold 33.33 lakh shares of Go Digit at Rs 300 apiece, taking the transaction value to Rs 100 crore. On the buying side, Aditya Birla Sun Life Mutual Fund acquired 21.66 lakh shares worth around Rs 65 crore, while JPMorgan, through its affiliate JPMorgan (Taiwan) Eastern Technology Fund, purchased 11.66 lakh shares for Rs 35 crore." The sale marks another liquidity event for Peak XV Partners, which recently exited its investment in fintech firm Mobikwik via a Rs 130 crore block deal. Founded in 2017, Go Digit General Insurance offers a range of products across motor, health, travel, property, and other insurance segments. Motor insurance remains the company's largest business line, followed by health and fire insurance, according to its latest financial disclosures. The company counts investors such as Faering Capital, Wellington Management, and TVS Capital Funds among its backers. In the fourth quarter of FY26, Go Digit reported largely flat growth in net premium revenue, which stood at Rs 2,301 crore . However, its profit after tax (PAT) increased 28% year-on-year to Rs 149 crore from Rs 116 crore in the corresponding quarter of FY25. At the end of last trading session on Thursday, Go Digit’s share closed at Rs 309, valuing the company at market capitalization of Rs 7,416 crore (around $780 million).

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BitMine Nears 5% Ethereum Supply Target After Accumulating Over 5.4 Million ETH
memeburn5d ago

BitMine Nears 5% Ethereum Supply Target After Accumulating Over 5.4 Million ETH

BitMine has accumulated over 5.4 million Ethereum tokens worth $10.85 billion, putting the Tom Lee-led firm at 90% of its goal to control 5% of ETH's total supply. With $258 million in annual staking revenue and backing from ARK Invest, Pantera, and Galaxy Digital, BitMine's aggressive strategy is reshaping how institutions approach Ethereum. The post BitMine Nears 5% Ethereum Supply Target After Accumulating Over 5.4 Million ETH appeared first on Memeburn .

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Rajesh Exports Faces Increased Scrutiny Amid SEBI Investigation
gyanhigyan5d ago

Rajesh Exports Faces Increased Scrutiny Amid SEBI Investigation

Rajesh Exports is facing serious challenges as the SEBI investigates allegations of financial misrepresentation totaling Rs 15.15 lakh crore. The Ministry of Corporate Affairs is expected to take action, potentially removing the company from the PLI scheme for batteries and probing corporate governance practices. Following these developments, the company's stock price has already seen a notable decline. This situation raises significant concerns about the future of Rajesh Exports in the market.

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Sui Introduces Confidential Transfers to Prevent Unauthorized Minting and Secure Supply
bitcoinworld5d ago

Sui Introduces Confidential Transfers to Prevent Unauthorized Minting and Secure Supply

BitcoinWorld Sui Introduces Confidential Transfers to Prevent Unauthorized Minting and Secure Supply Sui, the layer-1 blockchain network, is adding a confidential transfers feature designed to prevent unauthorized token minting while preserving transaction privacy. Co-founder and Chief Product Officer Adeniyi Abiodun announced the development on X, outlining how the protocol embeds supply conservation directly into its structure rather than relying on individual cryptographic proofs. How Sui’s Confidential Transfers [...] This post Sui Introduces Confidential Transfers to Prevent Unauthorized Minting and Secure Supply first appeared on BitcoinWorld .

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