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From online bookseller to world’s richest man: Amazon’s Jeff Bezos hangs up his boots
July 07, 2021 06:45 AM CEST| By Furquan MoharkanIn 2014, Amazon founder Jeff Bezos visited the South Indian city of Bengaluru – popularly known as Silicon Valley of India – owing its reputation for acumen towards tech innovations. It was the time when India’s domestic e-tailer Fl...
Which are the booming applications of copper?
July 07, 2021 05:51 AM CEST| By Anam SiddiquiSummary Copper, the second most conductive element, is exposed to supply risks amidst its growing demand in several fields. Due to its significant usage in electric vehicles and renewable energy production, copper plays a critical role in.....
Is RUC exemption extension on EVs a smart move?
July 07, 2021 12:50 AM CEST| By RomaSummary Extended exemption for RUC means it’s the best time to buy a sustainable car Amount to huge savings and environmental benefits, electric cars are the future Government manoeuvring people towards zero emissions through incentives .....
US indices slip after last week's record closes
July 06, 2021 02:20 PM PDT| By Sanjeeb BaruahBenchmark US indices edged lower on Tuesday, July 6, after several record consecutive closes last week as investors looked for global cues and turned their focus on economy-linked value stocks. The S&P 500 was down 0.20% to 4,343.54. The Dow Jon...
Strong biz confidence pulls NZ interest hike expectations to Nov; NZD rises
July 06, 2021 10:36 AM CEST| By ManikaNew Zealand's business confidence has shown a sharp rise in Q2, suggesting a strong economic recovery giving rise to sooner-than-expected rate hike. The New Zealand Institute of Economic Research (NZIER) in its quarterly survey of business opinion.....
Will crude oil touch US$100 a barrel? All you need to know about oil prices
July 06, 2021 09:35 AM CEST| By Furquan MoharkanFortunes do turn around. And at times, they turn around fast. Nothing exemplifies it better than crude oil prices. A year ago, crude oil prices were at the historical lows. The prices of brent crude oil were hovering near the zero level, while the We...
Don’t drop the baby: A quick guide to new cryptocurrency Baby Doge
July 06, 2021 03:03 PM AEST| By Daniel Paul JohnsThe world of cryptocurrency moves at a rapid pace. A few months ago, a meme crypto named Dogecoin was all the rage with famous celebrities, including Tesla billionaire and space adventurer Elon Musk, publicly singing the praises of the Shiba-Inu-in.....
Why is Cryptocurrency popular? Will Ethereum overtake Bitcoin?
July 06, 2021 01:35 PM AEST| By SonalSummary Cryptocurrencies are being adopted rapidly with more online payments using crypto and more firms adding crypto to their investment offerings. They are popular as they make fund transfers easy, secure with minimum fees. Ethereum is incr.....
From India’s girl next door to IMF chief economist: The journey of Gita Gopinath
July 06, 2021 03:17 AM CEST| By Furquan MoharkanDays before the US Independence Day, on 2 July 2021, International Monetary Fund (IMF) Chief Economist Gita Gopinath was among the 34 immigrants honoured by a prestigious American foundation Carnegie Corporation – as a person "who has enriched...
Is cost of ageing population the main reason for soaring government debt in NZ?
July 06, 2021 02:43 AM CEST| By ManikaSummary Rising debt in New Zealand a cause of worry for Treasury. Says, debt is driven mainly by ageing population and cost of healthcare. Suggests super age should increase from 65 years to 67 years. The New Zealand government is worried.....
Want to get Worldcoin? Be ready to get your retinas scanned
July 06, 2021 09:55 AM AEST| By SonalSummary Worldcoin, a new start-up, is planning to launch a new cryptocurrency for everyone on this planet. Users will get their retinas scanned through an orb device to get a Worldcoin account. Global wealth redistribution and universal basic .....
Done with recession? What are the different kinds of economic recoveries?
July 05, 2021 08:52 AM CEST| By Furquan MoharkanThe COVID-19 pandemic and the subsequent bouts of lockdowns imposed to counter it, triggered one of the most severe recessions in the history of the world economy. As consumption across the globe fell drastically, so did the employment levels. The w...
Chinese suspension of Didi app weighs on APAC markets
July 05, 2021 07:26 AM CEST| By Furquan MoharkanThe equity markets in Asia Pacific (APAC) region started the week on a mixed note as investors eagerly awaited the outcome of the OPEC+ meeting. The markets in APAC were also hit after China suspended Softbank-backed Didi app from play stores allegin...
ATO warns Aussie crypto investors it won’t play “Hide and Seek”
July 05, 2021 02:37 PM AEST| By Daniel Paul JohnsSummary The Australian Tax Office (ATO) has revealed they have an extended partnership, until 2023, with cryptocurrency exchanges, requiring them to submit all their trading data. ATO assistant commissioner Tim Loh disclosed that over 550,000 A.....
India’s youngest telco is making it big globally
July 05, 2021 03:57 AM CEST| By Furquan MoharkanIn mid-2016, the Indian telecom sector was taken by storm as Reliance Industries Ltd (RIL) had launched its telecom service nationwide, and the charges were cheap, rather very cheap. To add to it, the company, using its well-established infrastructur...
How really safe is your data? REvil latest attack raises concerns
July 05, 2021 01:36 AM CEST| By RomaSummary REvil back at it again, targeted Miami Based IT Company this time Several users of the software under attack at the risk of losing data FBI and US Cybersecurity working closely to bust the miscreants The recently increased frequen.....
Semiconductor chips shortages impact June’s sales figure of Ford Motors
July 04, 2021 10:16 AM CEST| By Nitish KumarSummary Ford Motor reported sales of 475,327 vehicles during the June quarter, up by 9.6% from PCP. The U.S automaker had set a sales target of 519,007 vehicles for the second quarter. The global semiconductor chip shortage led to significant .....
‘Fire in the Ocean’- a major fire breakout in GOM after an underwater pipeline leak
July 04, 2021 10:05 AM CEST| By Nitish KumarSummary An ‘eye of fire’ video goes viral on social media, arouses creativity among the memers who spewed hundreds of memes within a few hours. Gas leakage in the underwater pipeline of PEMEX leads to a massive fire on the ocean wat.....
After Colonial, Another U.S Tech giant hit by ransomware; Kaseya forced to shut
July 04, 2021 07:50 AM CEST| By Nitish KumarSummary On Saturday, the world witnessed one of the largest cyber-attacks on a U.S tech service provider. The U.S service provider Kaseya was hit by ransomware which infected the desktop management system of the company. Kaseya in its statemen.....
Emotional health is paramount to your overall happiness: Here’s why
July 04, 2021 04:15 AM CEST| By Team Kalkine MediaSummary Symptoms of emotional health crisis may include sleep disorders, avoidance of friends and family, conflicts in relationships, substance abuse, and eating disorders. Thus, mental illness is closely tied to an individual’s emotional.....