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Source: Live Mint Despite weaker-than-expected Q2 earnings and disappointing GDP data, Indian equity markets are on a bull run. Over the past five trading sessions, the Sensex has surged nearly 3,000 points, crossing the 82,000 mark, while the Nifty breached the 24,800 level. The rally, which began around the time of the Maharashtra assembly election…
Source: Live Mint The reliance of urban poor households on informal credit systems remains a significant challenge in the journey toward financial inclusion. Despite advancements in formal banking services, over 50% of urban poor households in India continue to rely on informal credit sources, contributing to an unorganised lending market estimated at nearly $100 billion….
Source: Coin Tegraph Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities. Read Full Article
Source: Coin Tegraph The annualized transaction value of stablecoins surpassed $15.6 trillion in 2024, or roughly 119% of Visa and 200% of Mastercard. Read Full Article
Source: Live Mint International crude oil prices have been on a broader downtrend and crashed almost 20 per cent in the last 12 months due to a demand-supply imbalance in the market, even as the Organisation of Petroleum Exporting Countries and its allies (OPEC+) eyes the stability of prices. Benchmark Brent and US West Texas…
Source: Bitcoinist The Ethereum (ETH) price rallied by about 10% on Wednesday to clear the $3,550 resistance zone very swiftly. Interestingly, this bullish price action has led to a bullish signal on a popular indicator used for predicting price outlook. Notably, the SuperTrend buy signal has resurfaced, bringing into question Ethereum’s potential to replicate its…
Source: The Verge Elon Musk’s xAI unveiled Grok-3 on Tuesday, announcing that the new artificial intelligence model has “more than 10 times” the compute power of its predecessor. xAI said its latest flagship outperforms OpenAI’s GPT-4o, Google’s Gemini, and DeepSeek’s V3 models in early testing, and now features “advanced reasoning” capabilities. So-called reasoning models are…
Source: Live Mint A groundbreaking development by Chinese AI startup DeepSeek has sparked a global frenzy, with many in China celebrating it as a historic milestone that could reshape the future of technology. Dubbed by tech leaders like Marc Andreessen as “AI’s Sputnik moment,” the launch of DeepSeek’s cheaper, open-source artificial intelligence model has turned…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25818371/Dell_UltraSharp_32_4K_Thunderbolt_Hub_Monitor_Lifestyle_3.jpg?w=600&resize=600,400&ssl=1 "Dell’s office-standard 27-inch 4K monitor now does 120Hz")
Source: The Verge Dell has made its latest UltraSharp 4K monitors more attractive to PC gamers by doubling the previous generation’s 60Hz refresh rate. The 27-inch and 32-inch 4K UltraSharp Thunderbolt displays announced at CES have been updated with new IPS panels that provide 120Hz refresh rates alongside features designed to enhance visual comfort. The…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25803801/Large_64635_HyundaitoOfferFreeNACSDCEVAdapterstoEnhanceChargingConvenienceforEVOwners.jpg?w=600&resize=600,400&ssl=1 "Hyundai will give its EV customers free NACS adapters in early 2025")
Source: The Verge Hyundai announced it will start distributing free CCS to Tesla NACS adapters to its EV customers in the first quarter of 2025. The adapters will enable vehicles such as the Ioniq 5 and Ioniq 6 to connect to “20,000-plus” Tesla Supercharger stations. The free adapter is available to those who purchased or…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25658679/STK086_TeslaA.jpg?w=400&resize=400,250&ssl=1 "Tesla recalls 200,000 vehicles with faulty on-board computers")