Strong economic data in America has had a big impact on the crypto market. Due to the strengthening of the economy, there is a possibility of the Federal Reserve in America backing down from cutting rates. There was a huge decline in the crypto market on Wednesday. The price of Bitcoin, the largest cryptocurrency in…
The Central Government has given incentives in the last few years to encourage electronics manufacturing in the country. Subsidy can be given by the government for electronic component makers. Along with this, tariff on imports can also be reduced. Smartphone manufacturing companies including Apple can especially benefit from this. According to a Bloomberg News report,…
American technology company Microsoft plans to invest $3 billion in the next two years in cloud, artificial intelligence (AI) and skilling in India. The company also plans to build new data centers. In the next five years, Microsoft will train about one crore people in AI skills. The company’s Chief Executive Officer, Satya Nadella, said…
Trading of cryptocurrencies has increased rapidly in the last few years. There has been a strong rise in the price of Bitcoin, the largest cryptocurrency in terms of market value. The main reasons behind this are the election of Donald Trump as President in America and increasing interest of institutional investors in this segment. included…
Bitcoin, the largest cryptocurrency by market value, had a strong rise on Monday. For the first time this year, Bitcoin has crossed the level of one lakh dollars. The main reason for this rise is the almost 100 percent increase in options trading volume in the last one day. At the end of last year,…
Virtual Private Network (VPN) apps have been tightened in the country. Many VPN apps have been removed from American technology company Apple’s App Store and Google’s Play Store. Two years ago, the central government had made rules for VPN service providers to collect and store customer data. After these rules, many VPN providers had closed…
Violence has not stopped in the north-eastern state of Manipur for the last few months. Recently, there was an allegation of using the device of Starlink, which provides satellite internet service, to avoid internet shutdown by militant groups in Manipur. However, Starlink had said this was wrong. of a major British newspaper Report Quoting sources,…
American electric vehicle (EV) maker Tesla’s annual sales have declined for the first time in more than a decade. Despite record deliveries in the fourth quarter, Tesla’s sales have declined. Billionaire Elon Musk’s company sold approximately 17.9 lakh vehicles last year. Challenges are increasing for EV companies. Their sales are being affected due to reduced…
The popularity of Unified Payments Interface (UPI) is increasing rapidly. Transactions through UPI increased by about eight percent in December to about 16.73 billion. According to data from National Payments Corporation of India (NPCI), about 15.48 billion transactions were done through UPI in November. The total value of transactions through UPI in December was approximately…
Indian Space Research Organization (ISRO) is preparing to launch an American communications satellite. With this satellite, phone calls can be made directly from space. This will be a more innovative and modern method of communication than the existing satellite telephone services. This is the first time that an American company is launching a major communications…