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Coindoo

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Bybit Web3 Announces Streamlining of Offerings to Enhance User Experience

  • Bybit Web3, the Web3 division of cryptocurrency exchange Bybit, is streamlining its offerings to enhance the user experience.
  • Bybit Web3 will discontinue its NFT Marketplace, Inscription Marketplace, and IDO product pages, effective April 8, 2025.
  • This decision aims to optimize the ecosystem and ensure a seamless experience for users.
  • Bybit Web3 will focus on core innovations and the next generation of blockchain-powered solutions.

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HinduBusinessLine

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Banks’ loans to grow at 12-13% in FY26: Rating agencies

  • Banks' loans are projected to grow at a rate of 12-13% in the fiscal year 2026 according to rating agencies.
  • Asset quality is expected to be stable with a gross non-performing assets ratio of approximately 2.4% by March 31, 2026.
  • Banking system credit growth is estimated at 13-13.5% in FY26, considering the impact of RBI's advisory on risk weight assets and credit extended to NBFCs.
  • The BFSI sector has faced challenges in asset quality and profitability, particularly in microfinance and unsecured business loan segments.

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Baystreet

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Amazon to Resume Drone Flights

  • Amazon has resumed drone deliveries in Texas and Arizona after a software update and approval from the FAA.
  • The drone deliveries were temporarily halted due to an abnormality with the altitude sensor, caused by dust in the air.
  • The company experienced no safety issues and has seen high demand since the service resumed.
  • An Amazon executive reported that a drone successfully delivered a package in 31 minutes and 30 seconds.

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HinduBusinessLine

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GST collections soar to ₹1.96 lakh cr in March, the second highest-ever to date

  • GST collections in March reached ₹1.96 lakh crore, the second highest-ever.
  • Domestic transaction revenue rose 8.8%, while imported goods revenue increased 13.56%.
  • Total refunds in March rose 41% to ₹19,615 crore.
  • Net GST revenue in March 2025 was over ₹1.76 lakh crore, a 7.3% growth over the previous year.

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Forbes

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Mortgage Rates Today: April 1, 2025 – Rates Remain Fairly Steady

  • Today's mortgage rates remain fairly steady.
  • The average 30-year fixed mortgage rate is 6.67%, down from 6.73% yesterday.
  • The average 15-year fixed mortgage rate is 5.64%, down from 5.73% last week.
  • The average 30-year jumbo mortgage rate is 7.02%, down from 7.06% last week.

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Bloomberg Quint

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SEBI Grants NSDL Time Till End-July To Launch IPO, Sources Say

  • SEBI has granted the National Securities Depository Ltd. (NSDL) time till the end of July to launch its IPO worth Rs 3,000 crore.
  • SEBI's extension allows NSDL to launch its IPO at a more favorable time during the market correction phase.
  • The approval for NSDL's IPO was in October, and the offering will only include an offer for sale.
  • NSDL is India's largest depository, with various approvals required before launching the IPO.

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Coindoo

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DN Cloud Mining: Open the Road to Digital Currency Wealth, Bitcoin Cloud Mining, Litecoin Mining, Dogecoin, Ethereum, etc.

  • DN Cloud Mining is a professional service provided by DNMiner to help users participate in digital currency mining without purchasing expensive hardware equipment.
  • Users can start DN cloud mining by visiting the DNMiner official website, registering successfully, and choosing a suitable mining package.
  • DN cloud mining provides advantages such as maximizing income, security guarantee, and support for mining multiple digital currencies.
  • DNMiner continues to innovate and explore new technologies to lead the development direction of the cloud mining industry.

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Guardian

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EU has a ‘strong plan’ to retaliate on Trump tariffs, says von der Leyen

  • The European Union has a 'strong plan' to retaliate against Trump tariffs.
  • EU prefers negotiations but is prepared to retaliate if necessary.
  • Sectors facing tariffs include semiconductors, pharmaceuticals, and timber.
  • EU holds a lot of cards and is ready to take firm countermeasures if needed.

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HinduBusinessLine

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India Inc revives IPO plans to raise ₹4,345 crore

  • Four large corporates - Runwal Enterprises, Jain Resource Recycling, Anand Rathi Share and Stock Brokers, and EDS Software - have filed their Draft Red Herring Prospectus (DRHP) with SEBI to raise ₹4,345 crore through IPO.
  • Runwal Enterprises plans to raise ₹1,000 crore through IPO by issuing fresh shares and has no offer-for-sale component. The funds will be used for debt repayment, future real estate projects, and general corporate purposes.
  • Jain Resource Recycling aims to raise ₹2,000 crore through IPO with a combination of fresh share issuance and an offer for sale by the promoter and early investor.
  • Anand Rathi Share and Stock Brokers plans to raise ₹745 crore through IPO to meet long-term working capital requirements and general corporate purposes.
  • ESDS Software Solution has refiled DRHP to raise ₹600 crore through IPO after earlier filing papers in September 2021. A pre-IPO placement of ₹120 crore is also under consideration.

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HinduBusinessLine

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Crisil, CareEdge expect strong corporate balance sheets to act as a shield against changes in US trade policy

  • Crisil Ratings and CareEdge Ratings expect strong corporate balance sheets to act as a shield against changes in US trade policy.
  • Crisil Ratings conducted a study on the impact of US tariff proposals on 11 key sectors. Except for smartphones, other sectors are predicted to face low to moderate impact on their business risk profiles.
  • CareEdge Ratings emphasizes that Indian corporates have strong and deleveraged balance sheets, which provide a crucial buffer against external shocks and uncertainties.
  • ICRA suggests that Indian exporters will need to navigate trade flow adjustments due to the possibility of reciprocal tariffs being levied by the US on India.

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Bloomberg Quint

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Five Ways To Improve Your Credit Score Fast

  • Struggling to boost your credit score?
  • Pay all your debts on time.
  • Use your credit card regularly and wisely.
  • Keep credit utilization ratio low.

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Bloomberg Quint

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SEBI Considering New Rating Framework For Municipal Bonds To Enhance Risk Assessment

  • SEBI is considering extending the use of an expected loss-based rating framework for municipal bonds to provide a more comprehensive risk assessment.
  • The proposal suggests using this framework alongside the existing standardised rating scale for credit rating agencies.
  • Expected loss-based ratings are primarily used for infrastructure-related instruments and could improve transparency for investors in municipal bonds.
  • The expected loss-based rating system combines the probability of default with the potential loss if a default occurs, providing a clearer picture of recovery prospects in case of financial distress.

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TheNewsCrypto

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Shiba Inu (SHIB) and Dogecoin (DOGE) Whale Activity Crashes as Investors Load Up on This Trending Crypto

  • Shiba Inu (SHIB) and Dogecoin (DOGE) whale activity has decreased, indicating a shift in investor sentiment.
  • Shiba Inu (SHIB) faces pressure as support levels weaken and whale transactions decline.
  • Dogecoin (DOGE) is also experiencing a drop in bullish sentiment, with traders seeking safer options.
  • Investors are turning to Rexas Finance (RXS), a real-world asset tokenization platform, which has shown significant pre-sale demand and offers a user-friendly solution for integrating real-world assets with blockchain.

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Bloomberg Quint

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Coal India Hikes Prices Of Coking, Non-Coking Coal

  • Coal India has increased the prices of coking and non-coking coal by Rs 10 per tonne.
  • The new prices will come into effect from April 16 and will apply to both regulated and non-regulated sectors.
  • The additional revenue generated from the price hike will contribute towards the Coal Mines Pension Scheme, 1998.
  • PD Sharma, the executive director of materials and contracts, has relinquished the charge at Coal India.

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Coinpedia

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If You Put $1,500 Into MUTM Today, What Could It Be Worth by Year-End?

  • Mutuum Finance (MUTM) is emerging as a promising DeFi token, with potential growth despite market volatility.
  • At the current presale price of $0.025, a $1,500 investment would give you 60,000 MUTM tokens.
  • Analysts predict year-end price targets as high as $5, potentially resulting in a 20,000% gain.
  • Mutuum Finance is actively building a decentralized lending and borrowing protocol, offering utility and value to token holders.

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