Forcas Studio IPO Launches August 19 with Price Band of ₹77-₹80, Check key details Forcas Studio Limited is a prominent player in the Indian menswear garment industry, known for its diverse range of high-quality apparel. The company offers a wide variety of products, including shirts, denim, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers. These products are marketed under its popular brand names ‘FTX’, ‘Tribe’, and ‘Content’. Established with a strong presence both online and offline, Forcas Studio has successfully expanded its reach through major e-commerce platforms like Flipkart, Myntra, Meesho, Amazon, Ajio, and Jio Mart. The…

Stay tuned: Avoid panic selling in the stock market Panic selling is a common yet costly mistake that many investors make during periods of market volatility. The fear of losing money can lead to irrational decisions, causing investors to sell off assets at a loss, only to see the market recover soon after. This article discusses how to avoid panic selling and protect your investment portfolio, it’s essential to understand the underlying causes and employ strategies to maintain a calm and rational approach. Understanding Panic Selling Panic selling occurs when investors, overwhelmed by fear, rapidly sell their holdings to prevent…

Unlock high returns with top Small-Cap stocks Those stocks whose market capitalization is less than Rs 5,000 crore are small-cap stocks. These stocks stand for the shares of smaller and relatively newer companies with high growth potentiality, and hence, they offer higher returns compared to mid-cap and large-cap stocks. They, however, do carry an added element of volatility risk, which is very evident during downfalls. Characteristics of Small-Cap Stocks Ranking on Market: Companies with a ranking of 251 and above on the market fall under the category of small-cap. Growth Potential: It is the high growth potential of these stocks…

Tether Invests US$ 3 Million to Boost USDT Adoption in the Middle East Tether Operations Limited, the company behind the world’s most widely used stablecoin, Tether USD (USDT), has announced a significant strategic investment of US$3 million in Kem, a financial management and money transfer app. This investment marks a major milestone in Tether’s mission to revolutionize traditional payment systems and enhance financial inclusion across the Middle East. As the Middle East continues to emerge as a significant player in the global crypto economy, Tether’s strategic move is set to drive the adoption of USDT in the region, fostering a…

Shaping Indian Crypto: How RBI and SEBI’s unified strategy is transforming the future For quite a few years, the Indian cryptocurrency sector has been mired in heated debate, regulatory uncertainty, and naked speculation. With the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) now joining hands, the future of Indian crypto stands at the threshold of a sea change. This article discusses the impact of RBI and SEBI in crypto a unified approach to the virtual digital asset scene in India. The Current Regulatory Landscape The regulatory landscape of cryptocurrencies in India has been…

Unlock your future: A beginner’s guide to blockchain development Blockchain technology has dramatically changed whole sectors of operation by offering a decentralized, secure, and transparent way to manage and record transactions. With growing interest in blockchain solutions, blockchain developers increase correspondingly. So, if you want to break into this exciting field, then this is your step-by-step on how to get started with blockchain development. 1. Grasp the Basics of Blockchain It is important to know the basics of blockchain before directly jumping into the process of coding. What follows is an overview of some of the basic principles: Decentralization Blockchain…

SEC’s crypto crackdown: NovaTech Faces US$650 Million Fraud Allegation The Securities and Exchange Commission has charged NovaTech, a cryptocurrency company, along with its co-founders, of running a massive Ponzi scheme that defrauded investors of more than US$650 million fraud. This legal action thus brings into the limelight some of the persisting vulnerabilities characteristic of this fast-expanding market where fraud and deceit flourish with promises of considerable returns. The Allegations: SEC Targets Crypto The SEC complaint charges that NovaTech ran a classic Ponzi scheme, paying the returns on investments made by earlier investors with the money obtained from new ones. No…

Bitfarms faces US$27M loss amid Bitcoin mining challenges in Q2 2024 In the second quarter of 2024, Bitfarms, a prominent Bitcoin mining company, reported a substantial net loss of US$27 million, marking a significant financial setback. This loss underscores the growing challenges facing not only Bitfarms but also the broader cryptocurrency mining industry, which has been grappling with rising costs, market volatility, and regulatory pressures. Financial Performance Overview Bitfarms’ financial performance in Q2 2024 revealed a sharp contrast to its earlier profitable quarters. The US$27M net loss highlights the impact of several adverse factors, including increased operational expenses, fluctuating Bitcoin…

Hindenburg vs. SEBI: Chairperson’s controversial ties exposed Hindenburg Research, known for its incriminatory investigations against some high-profile companies, has turned the crosshairs on the Securities and Exchange Board of India, or SEBI, and its chairperson, Madhabi Puri Buch. Hindenburg brought out a report containing serious allegations against Buch, linking offshore funds to the Adani scandal and provoking political and public outcry. Exposing the Allegations: Hindenburg and SEBI 1. Connection with Offshore Funds The Hindenburg report associates Buch with offshore funds that were reportedly associated with the Adani Group scandal, which allegedly participated in stock price manipulation and avoided regulatory arbitrage.…

How long will the recession last? Key factors and market impact The world economy has currently plunged into recession, which has caused a sector-wide effect, engulfing cryptocurrencies and stock markets. Every investor and analyst is eyeing trends to predict how long this economic recession might last. This article shall talk about how long will the recession last, major factors that would impact the length of the recession, its impact on crypto and stock markets, and what experts are predicting for the same in the future. Factors Impacting the Recession Economic Policies and Government Interventions Specifying how long will the recession…