Blog - Page 57 of 63 - Daily News Capsule

Crypto Ban: Future of Digital Currency in India?

23Feb

By Ayushi Sharma1 Comment

Bitcoins, Blockchain

Crypto Ban: Future of Digital Currency in India?

We all heard Bitcoin has recently touched its all-time high of $54,000. It made a historic move after a leading electric carmaker company proposed to buy $1.5 billion in Bitcoin. They also made the announcement of accepting the currency as a mode of payment. After such a huge wave in the investment market, India is still in a muddle. There are rumors of banning cryptocurrencies by the government and launching an official digital currency. Many legal experts and investors don't consider the crypto ban a wise decision. Why Crypto Ban? The government is insufficient in terms of regulation and recognition, hence making the future of cryptocurrency vague. The central government revealed that it will introduce a new bill on cryptocurrencies. The Cryptocurrency and Regulation of Official Digita...

Union Bank of India, Syndicate Bank post highest UPI failure rates; Paytm sees lowest decline rate – sources

23Feb

By Nikita DhyaniNo Comments

Business, Finance, news

Union Bank of India, Syndicate Bank post highest UPI failure rates; Paytm sees lowest decline rate – sources

Public sector lender Union Bank of India continued to witness the highest failure price for UPI transactions amongst India’s prime 30 UPI remitter banks due to technical factors in January. From 10.75 percent technical decline (TD) in December, the failure price jumped to 12.89 percent in January for Union Bank of India, information from the National Payments Corporation of India (NPCI) showed. In January, eighty percent of UBI's transactions were approved out of 85.95 million transactions, out of which almost 80 percent had been authorized while 7.36 percent were declined. Due to factors which include invalid pin entered by the customer, incorrect beneficiary account, exceeding per transaction limit or permitted count of transactions per day or quantity limit for the day, and so...

Super Soco to unveil Four Electric Bikes on 23rd February

23Feb

By Harsha KashyapNo Comments

Latest Bikes and Cars

Super Soco to unveil Four Electric Bikes on 23rd February

Only a few more hours before Super Soco announces its 2021 EV lineup. The range will consist of, alongside a prototype, three new electric motorcycles. Of the three upcoming e-motorcycles, the TC Wanderer and TS Street Hunter have already been teased by Super Soco. The semi-digital display of the TC Wanderer showed 198km of range with the battery charged up to 100 percent, following its teaser. The Super Soco TC Wanderer would have one of the largest ranges for any electric motorcycle in production if the statements are valid. The upcoming retro-inspired electric motorcycle, the TC Wanderer, was teased by Super Soco, and the EV is likely to live up to its reputation. The company could soon also launch its first large-capacity electric motorcycle. Vmoto, a Sup...

Maharashtra Govt. Banned The Public Gathering As In The Scenario Of Rising Covid – 19 Cases

22Feb

By MadhviNo Comments

news, Politics

Maharashtra Govt. Banned The Public Gathering As In The Scenario Of Rising Covid – 19 Cases

The chief minister of Maharashtra Mr uddhav Thackeray restricted the political, religious and social gatherings and imposed lockdown in some new areas as a rise of covid - 19 cases. He said on Sunday (21st February) that the daily cases of covid -19 have risen to almost 7000 from 2000 cases in January only. Although Maharashtra Sunday reported 6,971 new confirmed cases of covid, whereas, 2471 numbers of cases have been recovered in the last 24 hours. Even though uddhav Thackeray demanded strict measures to be taken from Monday onwards to control the covid- 19 situations. Uddhav Thackeray addressed the television and said’’ the second wave of covid is knocking on our door. Whether it has come or not will be confirmed in the upcoming 10 -15 days.’’ After the sudden spike in...

Russia reveals the first case of human infection by the H5N8 strain of bird flu

22Feb

By Anjali VedNo Comments

health and wellness, Science

Russia reveals the first case of human infection by the H5N8 strain of bird flu

The health authority of Russia confirmed the first case of human infection via bird flu strain on Saturday, February 20. Last year on December 7 workers of poultry plants were infected by the H5N8 virus strain during an outbreak of bird flu. Anna Popova, the head of consumer health watchdog Rospotrebnadzor has said that “I want to make an announcement of a new discovery by the scientists of Rospotrebnadzor vector research center. The first case of human infection is confirmed with the H5N8 bird flu strain Avian influenza A virus, in a Russian laboratory.” Anna Popova further said that the scientists have isolated the genetic material of this strain in the seven workers of poultry farms in south Russia, which reported the infection in such outbreak among fowl...

Blockchain Stocks To Invest Other Than Crypto

22Feb

By Ayushi Sharma2 Comments

Blockchain, news

Blockchain Stocks To Invest Other Than Crypto

Crypto is tricky. I’m not 100% certain what the future of cryptos holds, I’m much more confident in the belief that the decentralized distributed public ledger system will carry on. Not only that, the blockchain stocks will spark additional innovations in the world of fintech. Crypto has made its mark in the investment market. Hence, the innovation lies in blockchain technology. Let's go through an example: Transfer through a bank wire is a slow and expensive process. Moreover, countries with robust economic infrastructure have difficulty accepting bank transactions. To combat that we need an alternative which is fast and cheap. And to date, blockchain stocks is the only technology to put the proposal upfront. Blockchain & Cryptocurrency: IEEE Virtual Conference 2021 Addition...

Tata Safari launch in India today; everything you need to know

22Feb

By Harsha KashyapNo Comments

Latest Bikes and Cars

Tata Safari launch in India today; everything you need to know

The much-anticipated Tata Safari SUV will be launched today in India by Tata Motors. The new Tata Safari, disclosed on January 26, brings not only the classic 'Safari' nameplate back, but also takes on the mantle of the flagship SUV of the automaker here. We expect the latest Tata Safari in India to be priced at between Rs 15 lakh and Rs 22 lakh (ex-showroom). On February 4, bookings for the 2021 Tata Safari started in India. For a refundable amount of Rs 30,000, the SUV can be booked at any registered Tata Motors dealership or via the automaker's official website. SUV deliveries will begin today. There are six versions of the latest Tata Safari — XE, XM, XT, XT+, XZ, and XZ+. The 2021 Tata Safari showcases the Impact 2.0 design language of the automaker. Feat...

Finance Minister hints at a review of tax limit on EPF

22Feb

By Nikita Dhyani1 Comment

Business, Finance, Politics

Finance Minister hints at a review of tax limit on EPF

Finance Minister Nirmala Sitharaman has commented that there is no intent to discourage higher income earners from saving with the Employees Provident Fund (EPF) and that she was open to reviewing the contribution limit of ₹2.5 lakh a year for tax-free interest, imposed in the recent Union Budget. Reiterating that the EPF will continue to remain in its present form, the Minister said there was no plan to merge the EPF with the National Pension Scheme. Also learn- For rich/affluent, EPF is not a nest egg but a goose that lays golden eggs. “We want to continue with the EPF. We understand that there is a certain comfort with people, particularly middle-income earners when they are assured of a return,” she mentioned in an exclusive interview with Business Line. “We have taken ...

PM To Discuss with CMs plans to make India a manufacturing hub

20Feb

By MadhviNo Comments

news, Politics

PM To Discuss with CMs plans to make India a manufacturing hub

Prime minister Narendra Modi along with the fellow CMs of the country are planning to make India a manufacturing hub today. Making India a manufacturing hub through the changes and reforms with reimaging agriculture. Prime minister Narendra Modi will discuss with the state chief ministers the key aspects of the ‘’national development agenda’’ at the governing council meeting of Niti Aayog on Saturday. Even though most of the chief ministers are supposed to attend, but the chief minister of West Bengal - Mamata Banerjee, and Punjab’s captain Amarinder Singh may skip the event. Along with the manufacturing and farm sector, this agenda also had a significant role in building the health infrastructure especially at the primary level and the grassroots levels itself. Although...

Northeast Delhi has broken the covid code from next to nothing: Delhi

20Feb

By Anjali VedNo Comments

health and wellness

Northeast Delhi has broken the covid code from next to nothing: Delhi

The northeast district of Delhi did not report even a single case on Thursday, though 5,143 tests were done. Of these 3,000 were tested by the gold RT-PCR test. Almost 11 districts have shown the decline in covid cases but the northeast has been striking. On February 13, only a single case was reported, and 4 cases on the day later, and no case on February 15. It reported only 2 cases on Feb 16 and three on Feb 17, before entering with no case on Feb 18. The district magistrate, Pankaj Kumar, said that the slipping in positivity rate is due to the consistent efforts on continuous testing and tracing, and isolation. “We have been continuously tracking the contacts of Covid individuals and testing them, he further said.” hence this helps in the early investigation of the infectio...