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The trouble with stablecoins is that they slip through the regulatory cracks. They aren’t classified as bank deposits, so the Fed and the Office of the Comptroller of the Currency have limited ability to oversee them. The SEC has some authority if they are defined as securities, but that is a matter of active debate.

Value stocks, which trade at comparatively cheap multiples of their fundamentals, surged in early 2021 as hopes of an economic rebound boosted the shares of banks, energy firms and other economically sensitive names after years of underperformance.

India is usually in sync with the global bourses, but not this time! The confidence in the India story remains intact because of a regulatory boost by the Centre for enhancing manufacturing capabilities in various sectors.

Brent crude futures fell 33 cents to settle at $75.34 a barrel. US West Texas Intermediate (WTI) crude futures fell 64 cents to settle at $71.97 a barrel. For the week, Brent was up 3.3% and US crude was up 3.2%, supported by tight supplies due to the hurricane outages.

Between May 1 and Sept. 7, the six executives made early redemptions of 12 investment products, Evergrande said in a statement on its website, without identifying the executives or giving details on the nature of the products.

Authorities are looking into whether Binance or its staff profited by taking advantage of its customers, Bloomberg reported, citing people with knowledge of the matter.

Though most top exchanges saw a surge in buying activity in the last few weeks, as much as 60-80% of all transactions are now happening through some of the new methods introduced by the crypto exchanges.

The bonds are supposed to be listed on the Singapore Stock Exchange and marked as high-yield securities, below the investment grade.

Inox Wind Energy sold 1.47 million shares of the Inox Group company at Rs. 104.3 apiece through a bulk deal on the BSE.

Any announcement of tapering by the Fed could lead to some knee-jerk reaction from the global markets including India. This week the benchmark indices rose over 1 per cent despite closing in the red today.