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Saturday, 12 September 2026 Reading Room

Finance & Markets

Parag Parikh Flexi Cap Fund: HDFC Bank and The Great Eastern Shipping Company among stocks bought and sold in August

Parag Parikh Flexi Cap Fund, the largest active and flexi cap fund based on assets managed, had an AUM of Rs 1.47 lakh crore as of August 2026 compared to Rs 1.49 lakh crore as of July 31, 2026. Here is what the fund bought and sold in August (Source: PPFAS Mutual Fund)

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Binance stablecoin inflows strengthen as Bitcoin holds $75,000

Stablecoin liquidity is returning to Binance after months of withdrawals, offering a tentative sign of stronger buying capacity as Bitcoin remains above $75,000.

  • Binance received $1 billion in stablecoin inflows in August
  • Bitcoin stays above $75,000 mark since September 12
  • Stablecoins are crucial for settlement and trading

·thearabianpost.com

Iran widens crypto use as sanctions bite

Iran is allowing exporters and importers greater use of cryptocurrencies, including Tether’s USDT and Bitcoin, for cross-border settlements as tighter US sanctions intensify pressure on trade and…

  • Iran permits crypto use for cross-border transactions amid sanctions.
  • Crypto transactions enable repatriation of export earnings.
  • US Treasury froze $131M in USDT balances linked to Iran.

·thearabianpost.com

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