Paytm should see strong GMV growth led by the festive season and partial impact of lending business rejig after RBI measures, Jefferies said. The brokerage estimates that the company will report 34% year-on-year (YoY) growth in total revenue to Rs 2,764 crore while loss is seen narrowing down to Rs 276 crore.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest