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Cryptocurrency News

Mastercard Introduces New Initiative to Simplify Crypto Transactions and Curb User Errors

For the transactions that will be processed as part of this programme, Mastercard will act as an intermediary to verify a user’s identity. Crypto wallet player FoxBit has also joined

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Commodities News

California approves community solar program backed by utilities

(Reuters) -The California Public Utilities Commission on Thursday approved a new solar energy program that the industry had said would not go far enough to incentivize smaller community projects. The

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Commodities News

US summer home power bills to jump by nearly 8%, energy policy organizations say

NEW YORK (Reuters) – U.S. home energy bills are expected to rise by 7.9% this summer as extreme heat increases cooling costs, according to a study released on Monday by

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Commodities News

OPEC+ agrees to extend voluntary output cuts into Q3’24, talks continue, sources say

LONDON (Reuters) – OPEC+ has agrees to extend voluntary oil production cuts of 2.2 million barrels per day into the third quarter of 2024, two OPEC+ sources said on Sunday.

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Economy News

Consumption inequality in India falls, shows survey

The Gini coefficient figures (mentioned above) shows the level of consumption inequality is way higher in urban households as compared to rural households. Inequality in India in terms of consumption

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Economy News

GDP to grow less than 7% in FY25: Economists

This year, however, economists and policy makers are optimistic of a rise in rural consumption due to above-normal monsoon. India’s Gross Domestic Product (GDP) may expand less than 7% in

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Economy News

RBI MPC: Rate cut cycle unlikely before October, say economists

While the RBI decided to keep the benchmark repo rate unchanged, in line with the expectations, interestingly, the voting decision of the MPC members changed with 4:2 voted in favour

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News Technology

If AI can do your job, maybe it can also replace your CEO

The CEO is increasingly imperiled by AI, just like the writer of news releases and the customer service representative. As artificial intelligence (AI) programs shake up the office, potentially making

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Cryptocurrency News

RBI Data Shows CBDC Wholesale Circulation Dropped, Retail Usage Sees Massive Jump: Report

RBI’s CBDC retail circulation rose from Rs 5.70 crore to Rs 234 crore in the financial year 2023-24. RBI is yet to announce a wider rollout of the eRupee in

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News Sports

Australia’s Matthew Wade reprimanded by ICC for showing dissent at umpire’s decision vs England

Wade has been handed one demerit point to his disciplinary record since it is his first offence in a 24-month period. Australia’s keeper-batter Matthew Wade has been reprimanded by the

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