Will Mining Die With Ethereum 2.0?
The crypto community is celebrating the coming of Ethereum 2.0, however, there are also concerns for miners. Since Ethereum has switched to a proof-of-stake model, mining Ether will no longer be necessary. Due to this, mining machinery will become obsolete, leaving miners with
Oil prices and financial markets brace for recession
The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak in the business cycle. U.S. economic data remains strong but a range of financial indicators point to a sharp slowdown over the next
Japan Set To Waive Some Visa Requirements In October To Boost Tourism
Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries, and will scrap the daily entry cap of 50,000 people, the media outlet said. to waive visa requirements for certain tourists and remove a limit on
Foreign land4discouse snap up Indian bonds set for inclusion in global indexes This company pays its employees to leave. Those on notice period get 10% hike
MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on foreign investments ahead of an anticipated inclusion of Indian debt in global bond indexes, analysts said. The central bank removed foreign investment caps
Asian Stocks Cautiously Optimistic Ahead of U.S. CPI DataAsian Stocks Cautiously Optimistic Ahead of U.S. CPI Data
Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to show a sustained decline in U.S. inflation. Taiwan’s weighted index added 0.7%, the most among its regional peers, while China’s Shanghai Shenzhen CSI
California to Tax Biden’s Student Loan Forgiveness
What makes California’s decision somewhat surprising is that even though its existing statutes indicate taxability for student loan forgiveness, state consensus previously ran in the opposite direction. Nevertheless, according to the Tax Foundation, it has confirmed that discharged student loan debt will be
What to Expect in the Markets Next Week
U.S. equity markets rose for a third straight day on Friday, snapping a three-week losing streak for the major averages. It was a broad-based advance, with all but six of the Dow’s constituents posting gains. For the week, the Dow closed 2.7% higher,
Rupee likely to depreciate on strong dollar, risk aversion in global markets
Created economies are enduring a shot from the dollar’s appreciation to multi-decade highs in manners that were again recognizable to their developing business sector peers. The Fed’s exchange weighted dollar list versus progressed economies has taken off 10% this year to the most
Unpaid shares’ in Dbuai, BVI companies may come back to haunt many Indians
Mumbai: An old, handy practice popularised by tax havens and sold by leading European banks is coming back to haunt many Indian businessmen. Hundreds of them may be in for a nasty surprise for ‘owning’ companies in Dubai and other jurisdictions like the
Unpaid shares’ in Dubai, BVI companies may come back to haunt many Indians
Mumbai: An old, handy practice popularised by tax havens and sold by leading European banks is coming back to haunt many Indian businessmen. Hundreds of them may be in for a nasty surprise for ‘owning’ companies in Dubai and other jurisdictions like the
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