China’s Crackdown On DiDi: An Ongoing Attempt At Controlling Tech Giants
China’s cyberspace regulator recently cracked down on ride-hailing app DiDi over allegations that the company has committed “serious violations of laws and regulations pertaining to the collection of personal information”. The country’s internet watchdog — the Cyberspace Administration of China (CAC) — ordered DiDi to stop adding new users to the platform, and mobile app stores […]
NFT Hits $2.5 Billion In Sales Volume
Non-fungible tokens (NFTs) saw an influx in sales volume during the second quarter of 2021, hitting $2.5 billion so far, up from $13.7 million in the first half of 2020. According to data from the DappRadar portal, the new cryptographic sensation saw an increase of more than 18,000 percent. The month of June saw record […]
Cairn Energy Seizes Indian Government’s Properties In Paris
Cairn Energy has reported that they have effectively seized Indian state-owned properties in Paris, in order to recover the arbitration award in the tax dispute with India’s government. In a major escalation in the ongoing clash with the Indian government, the Scottish oil producer has frozen Indian state-owned assets worth over $23.60 million. The company […]
Why Do Fuel Prices Continue To Skyrocket? All You Need To Know
Petrol price has now reached close to or above ₹100 in over 12 states and union territories– Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu and Kashmir, Odisha, Ladakh, Bihar, Kerala and Tamil Nadu. Fuel prices reached a record high value last week, with Mumbai’s petrol price reaching a staggering ₹105 and retailing at […]
Top Economists Assemble For Tamil Nadu’s Economic Recovery
The Tamil Nadu government has assembled a team of five economic experts who will chalk up policies to help revive the state’s debt-ridden economy. The Economic Advisory Council has been tasked to analyse and provide advice on any issue of economic and social policy referred by Tamil Nadu’s Chief Minister M.K. Stalin or Finance Minister P.T.R. […]
Explained: India’s Green Transition And The Way Forward
The Paris Agreement of December 2015 bound every country in the world to limit the globe’s temperature to 1.5ºC by 2050. A recent study by the Research Institute for Humanity and Nature states that India is the third-largest emitter of greenhouse gases and accounts for 2.46 billion metric tonnes of carbon or 6.8 percent of […]
Businesses’ Increasing “Performative Allyship” Contributes To Inequities
Allyship VS Performative Allyship While it has been a year of the world tackling a global pandemic, it’s also been a year since the death of George Floyd, who lost his life due to police brutality, an issue that has plagued the lives of African Americans for decades. The police officer responsible for his death […]
Is The Funding Boom In Startup India Sustainable?
The Flourishing Growth Saga Hit By COVID Roadblock When the pandemic hit India in March 2020, its impact on businesses across all sectors was a matter of concern for many, particularly in the startup ecosystem, predicted to be the most vulnerable. As anticipated, March saw the funding for Indian start-ups crash. Investments fell by 81.1 percent […]
Explained: The Inconsistent Country-wise Legality Of Cryptocurrency
The Ebb And Flow Of Cryptocurrency Early on June 8, Bitcoin fell by 10 percent to $32,000, from trading at $40,000 at the end of last week. The current value of the entire cryptocurrency market has dipped to below $1.5 trillion, a recurring theme in the saga of the ebb and flow of crypto prices. Many […]
