Sequence launches on Google Cloud Marketplace for Web3 gaming tech
Source: Venture Beat Sequence, the all-in-one platform for building Web3 games, has partnered with Google Cloud Marketplace to widen its reach to game developers. Read Full Article
Read More
IPO-bound Swiggy slashes valuation target by 10-16% to $12.5-$13.5 billion over market volatility: Report | Stock Market News
Source: Live Mint Food delivery giant Swiggy is internally aiming for a company valuation of $12.5 billion-13.5 billion for its upcoming IPO, cutting its target by 10-16 per cent due to market volatility, according to news agency Reuters. Swiggy was earlier targeting a $15 billion valuation for its $1.4 billion November IPO which will be…
RBI Alert List: THESE forex trading platforms are not authorised to deal in foreign currency | Mint
Source: Live Mint If you regularly invest in foreign exchange (forex), then make sure you do so through genuine and authorised trading platforms. There could be a scenario wherein a fake trading platform entices you into investing in foreign currency pairs. The Reserve Bank of India (RBI) recently updated its Alert list to warn investors…
TeraWulf to raise $350M in convertible notes for share repurchase
Source: Coin Tegraph TeraWulf’s focus on raising capital through institutional buyers suggests confidence in its future despite volatile cryptocurrency markets. Read Full Article
Bitcoin As A Tool: BRICS 2024 Summit Proposes Russian Miners Sell BTC To Evade Sanctions | TheSpuzz
Source: Bitcoinist As the 2024 BRICS Summit commences in Kazan, Russia, discussions surrounding cryptocurrency have taken center stage. Lawmakers from Brazil, Russia, India, China, and South Africa are exploring the potential for Russian miners to leverage Bitcoin in international trade, aiming to circumvent the stringent sanctions imposed by the United States. Lawmakers Propose Bitcoin Sales…
Magic of compounding: ₹1 lakh investment in THIS mutual fund at launch would have swelled to ₹14 lakh in 17 years | Mint
Source: Live Mint If you are contemplating investment in a mutual fund scheme, it is normal to examine its past returns. While looking at the trend of historical returns for a year or two usually can offer some insights, it often does not give a complete picture of how the scheme has fared over a…
Ethereum ICO participant dumps 3,000 ETH for $7.6M cash out
Source: Coin Tegraph After selling 10,000 ETH in the past few months, the Ethereum ICO participant still has 37,000 ETH to cash out. Read Full Article
HUL’s demand woe is a sticky issue
Source: Live Mint India’s largest household goods company Hindustan Unilever Ltd’s (HUL) struggle with muted volume growth is turning into a persistent concern. In the September quarter (Q2FY25), underlying volume growth stood at 3%, missing analysts’ expectation of 5%—hinting that India’s much-touted consumption story may be losing momentum. Weak demand, coupled with persistent food and…
Bitcoin To $200,000 By 2025 End Is ‘Conservative’ Target, Analyst Predicts | TheSpuzz
Source: Bitcoinist According to institutional-grade research firm Bernstein analysts, Bitcoin (BTC) reaching $200,000 by the end of 2025 would be a “conservative” estimate. Bitcoin To $200,000 By 2025 End? Although BTC remains range-bound, just below its all-time high (ATH) of $73,737, analysts at Bernstein believe their current price prediction of $200,000 for the digital asset…
You can now use TCS credit to reduce the TDS on your salary. Here’s how.
Source: Live Mint Starting 15 October, salaried individuals can adjust such TCS payments against the tax deducted at source (TDS) on their salaries. Previously, they could only claim a refund of the TCS when filing their tax returns. This affected salaried individuals in particular as professionals could always factor in the TCS while computing advance…