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News
Why are Ripple and Polkadot’s prices surging?
October 11, 2021 03:44 PM AEDT| By Jasmine AnandHighlights Crypto prices have witnessed a climb over the past week, with prices of major cryptocurrencies, including Bitcoin and Ethereum, experiencing upwards price trends. Other famous cryptos like Ripple and Polkadot too have witnessed a sha.....
Indian ministry says it has ample coal stocks to lit power plants
October 11, 2021 02:38 PM AEDT| By Arpit VermaHighlights Indian coal ministry stated that it has ample coal stocks in its reserves to fulfill the demand for the power sector. The shortage of coal has created a supply crunch of fuel in various eastern and northern states of the country. Th.....
Lessons from the Google Chrome hack
October 11, 2021 02:35 PM AEDT| By SamtaHighlights Around 2.6 billion Google Chrome users are on high alert after the company confirmed multiple new high-level hacks. The company has confirmed an exploit of CVE-2021-37973, exists in the wild. Hackers have attacked the browser by do.....
US crude hits 7-year highs amid higher gas-to-oil switching
October 11, 2021 02:02 PM AEDT| By Arpit VermaHighlights Crude oil prices further rose on Monday. The prices have recorded significant gains during the last week. Oil’s rally is underpinned by soaring gas prices. OPEC+ decided to increase the output gradually. Crude oil prices.....
Asia Pacific has its rep in US$100 billion rich club: India’s Mukesh Ambani
October 11, 2021 11:07 AM AEDT| By Furquan MoharkanIndia’s richest man Mukesh Ambani has made to the elite US$100-billion rich list – and is the first person from the Asia Pacific region to do so. Mr Ambani is valued at a whopping US$101 billion, as his net worth has surged 31% or US$2.....
5 best cryptos to watch in 2022
October 11, 2021 12:12 AM AEDT| By Ankit SethiThe year 2021 has so far been a mixed bag for cryptocurrencies. It was the year when Bitcoin touched a new high of nearly US$65,000. This was followed by a crash and Bitcoin lost almost half of its value. But the crypto world is not about Bitcoin .....
Now, China mulls adding crypto mining to ‘negative list’ of industries
October 10, 2021 03:26 PM AEDT| By AshishChina has added cryptocurrency mining to list of industries with restricted or prohibited mining. The ‘negative list’ includes industries that are not available for Chinese or foreign investors for investing purposes. However, China has.....
Global minimum tax rate: Key things to know about the landmark deal
October 10, 2021 02:30 PM AEDT| By AshishAfter years of disagreement and rounds of discussions, the world leaders finally reached a landmark deal on a global corporate minimum tax rate. According to the deal, which is said to be a gamechanger for global economies, the group of developed n.....
How fraud affects you financially
October 10, 2021 01:00 PM AEDT| By Priya BhandariHighlights In H1 2021, scammers stole around £753.9 million (US $1.03 billion), up by 30% as compared with H1 2020. For the first time, the losses in authorised push payment (APP) fraud stood at £355.3 million. According to survey,.....
Where does UK get its gas supply from?
October 10, 2021 12:25 AM AEDT| By Priya BhandariHighlights On Wednesday, wholesale gas prices surged by 37% to a record high, although they dropped back after Russian President Vladimir Putin entered to clam the market. 40% of the UK’s gas is supplied from fields in Irish Sea and the N.....
Want to raise capital for your startup? Find out here
October 10, 2021 12:22 AM AEDT| By Sanjeeb BaruahHighlights Raising capital for startups is often challenging. Self-funding or loans from family and friends can be easier initially. Angel Investors or Venture Capitalists often fund promising startups. However, banks remain the traditional .....
Japan set for polls; will it affect Japan-Australia relations?
October 10, 2021 12:22 AM AEDT| By ManishaJapan elected 64-year-old Fumio Kishida as its new prime minister through a parliamentary vote on 4 October 2021. The leader of the ruling Liberal Democratic Party (LDP) and former foreign minister will now be serving as the 100th prime minister of.....
The Great Resignation: How employers can entice quality employees
October 10, 2021 12:17 AM AEDT| By Team Kalkine MediaThe last several months have seen a lot of resignations in several industries, in the US and worldwide. Anthony Klotz, a Psychologist and Professor at Texas A&M introduced the term “Great Resignation”. It is an understatement .....
Why is wellness travel becoming popular?
October 09, 2021 03:45 PM AEDT| By Ipsita SarkarHighlights The wellness travel sector has grown from US$563 billion in 2015 to US$639 billion in 2017. According to Global Wellness Institute, the wellness travel market to reach US$919 billion by 2022, representing more than 18 percent of the .....
Weekly roundup of FTSE 100 risers and fallers (October 04- 08)
October 09, 2021 10:58 AM AEDT| By Sreenivas D AjankarFTSE 100 posted a good rebound after mid-week fall, which saw the blue-chip index slip below 7,000 level. Here we are giving the roundup of the top gainer and top loser of every day during the passing week. 4 October 2021 Top riser: J Sainsbury...
Famous five of business this week (October 04-08)
October 09, 2021 10:56 AM AEDT| By Nidhi GuptaMonday – October 04 1. Morrison (Wm) Supermarkets Plc (LON: MRW) Morrisons, a leading supermarket chain owner in the UK, accepted an acquisition bid from Clayton, Dubilier & Rice (CD&R), a US-based privat...
Is Bitcoin waiting for a huge dump following the pump?
October 09, 2021 10:28 AM AEDT| By Manu ShankarHighlights On 8 October, the Bitcoin prices have been well over US $55,000 and is currently trading at US $55,479.12 with a 24-hour volume of US $38,136,669,124. Bitcoin’s total market cap reaching US $2.33 trillion, an increase of 1.68% .....
US markets close week flat on weak jobs data, inflation
October 09, 2021 08:02 AM AEDT| By Sanjeeb BaruahBenchmark US stock indices closed the week flat on Friday, October 8, after weak employment data and inflation concerns lowered investors’ confidence. The S&P 500 was down 0.19% to 4,391.34. The Dow Jones fell 0.03% to 34,746.25. The NASDA...
US Created 194,000 Nonfarm Jobs in September; FTSE 100 Ended in Green
October 09, 2021 05:29 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 3.42 points or 0.08 per cent higher at 4,403.18, Dow Jones Industrial Average Index surged by 38.41 points or 0.11 per cent higher at...
GBP gains as USD wobbles on worst jobs report in 2021
October 09, 2021 02:09 AM AEDT| By AbhijeetHIGHLIGHTS GBP advanced slightly against the USD after the US reported a modest jobs growth Benefiting from greenback’s weakness, pound sterling added over 0.20% BoE had fixed a reference exchange rate of 1.3622 USD on Thursday, 7 Octobe.....
AI on the Rise: A Look at Top AI Companies and Their Stocks