What Will Central Banks Do When Tokens Replace Money?

What Will Central Banks Do When Tokens Replace Money?

Source: Live Mint (Bloomberg Opinion) — With mainstream investment products increasingly finding a second home on the blockchain, it’s a good time to ask what role central banks would play if everything they have learned while policing double-entry bookkeeping over the last 350 years becomes irrelevant.  The techno-anarchist vision behind cryptocurrencies like Bitcoin was to free the financial wellbeing of individuals from the…

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S&P 500, Nasdaq futures drop over 1.3% ahead of Wall St. open after Moody’s US credit ratings cut, Dow down 0.9% | Stock Market News

S&P 500, Nasdaq futures drop over 1.3% ahead of Wall St. open after Moody’s US credit ratings cut, Dow down 0.9% | Stock Market News

Source: Live Mint United States benchmark indices such as the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average dropped ahead of the Wall Street open on Monday, 19 May 2025, after ratings agency Moody’s downgraded the US sovereign debt ratings on Saturday. S&P 500 futures contracts dropped 1.3 per cent, as investors cooled off…

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NBFC penny stock below Re 1 in focus after conversion of loan worth  ₹94 crore into equity | Stock Market News

NBFC penny stock below Re 1 in focus after conversion of loan worth ₹94 crore into equity | Stock Market News

Source: Live Mint Penny stock, Non-banking financial company (NBFC), Standard Capital Markets on Monday, 19 May 2025, announced that the board of directors has approved the allotment of equity shares to non-promoters as a conversion of outstanding loans, according to the exchange filing.  The company allocated 72,45,74,640 equity shares with the face value of Re…

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NLC India Q4 Results: Net profit jumps 311% YoY to  ₹468 crore, but falls sequentially; dividend declared | Stock Market News

NLC India Q4 Results: Net profit jumps 311% YoY to ₹468 crore, but falls sequentially; dividend declared | Stock Market News

Source: Live Mint NLC India Q4 results today:  State-run NLC India announced its financial results for the March quarter (Q4FY24) on Monday, May 19, reporting a net profit of ₹468.46 crore — a 311% jump compared to ₹114 crore in the same quarter last fiscal year. However, on a sequential basis, the net profit declined…

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Wall Street today: S&P 500, Dow Jones, Nasdaq slip after Moody’s downgrade, Tesla sheds 4% | Stock Market News

Wall Street today: S&P 500, Dow Jones, Nasdaq slip after Moody’s downgrade, Tesla sheds 4% | Stock Market News

Source: Live Mint Wall Street stocks slipped and US Treasury yields jumped on Monday after ratings agency Moody’s cut the United States’ credit rating. Moody’s late on Friday slashed the United States’ sovereign credit rating to “Aa1” from “Aaa”, citing rising levels of government debt and interest payment ratios “to levels that are significantly higher…

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Expert view: Market seeks clarity on tariffs; positive on consumer discretionary, AMCs, says Mohit Khanna of Purnartha | Stock Market News

Expert view: Market seeks clarity on tariffs; positive on consumer discretionary, AMCs, says Mohit Khanna of Purnartha | Stock Market News

Source: Live Mint Expert view on markets: Mohit Khanna, CFP, Fund Manager, Purnartha One Strategy, believes the Indian stock market may remain rangebound until we get clarity on trade negotiations with the US. In an interview with Mint, Khanna shared his views on key risks for the markets, sectors that can generate alpha and trends…

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Upcoming IPOs: Two Coal India subsidiaries set to file draft papers for public offer soon. Check details | Stock Market News

Upcoming IPOs: Two Coal India subsidiaries set to file draft papers for public offer soon. Check details | Stock Market News

Source: Live Mint The process of listing of two subsidiaries of Coal India Ltd – BCCL and CMPDI – has begun, and draft papers would be filed soon with Sebi, the company on Monday said. Speaking to reporters on the sidelines of CII Mining and Construction Equipment Summit, Coal India Ltd (CIL) Director Business Development…

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