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Bitcoin briefly topped $20,000 on Tuesday, hitting its highest level in more than a week, but is still struggling to break out of its tight trading range. With another U.S. Federal Reserve interest rate out the way, traders may be positioning themselves for a peak in U.S. dollar strength, which would be positive for bitcoin. BITSTAMP:BTCUSD

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Canara Bank reported healthy earnings led by robust NII/Loan growth and controlled provisions. Margin expanded 6bp QoQ aided by improvement in CD ratio. The bank further carried 25% provisions on its SREI exposure. The management is confident of sustaining growth in advances led by a broad-based performance across all segments and has a strong focus on bringing...

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The government is planning to sell at least 51 per cent of the state-owned lender. And also, LIC and the government will take buyer interest by the end of September. A group of ministers will make the final decision on the structure of the deal. Shares of IDBI Bank have jumped 6.3 per cent in the past 12 months, raising its market valuation to about Rs 42,470...

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Coal India (CIL) has reported another quarter of excellent earnings in Q1FY23. Revenue increased 38.8% YoY to Rs351bn, supported by 10.6% YoY. Expected revenue growth of 25.01% for next year is more than last 3 year CAGR revenue growth of 2.53%. This stock offers good dividend returns and has been generating better return on equity than bank FD. The current price...