Figuring out the nuances in the NFT market will mean opening and examining multiple new cans of worms.
Given the economic trends, it might make sense to allocate some savings to gold.
Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.
Adversarial Harmful Networks -- India Case Study, cited in Facebook whistleblower Frances Haugen's SEC complaints, revealed, among other things, that Facebook was a preferred platform for 'fear-mongering anti-Muslim narratives' in India, observes Devangshu Datta.
The new malaria vaccine (RTS.S/ AS01, tentatively brand-named Mosquirix) is the very first one to offer immunity against a parasite -- specifically the plasmodium falciparum parasite, which is the deadliest of the five parasites that cause malaria.
The tiny Central American nation of El Salvador has embarked on an interesting experiment by recognising bitcoin as legal tender. This is proving painful for many of its citizens but it's a useful "pilot" project for larger economies that are contemplating the peculiarities of this new asset class. El Salvador has a population of 6.5 million and GDP of about $27 billion.
The hospitality sector has been hit very hard by the pandemic. In the past 18 months, it has lost business, first because of the harsh lockdowns and after that because of lack of demand due to the ensuing economic slowdown. Most hospitality businesses have sustained low revenues and losses since April 2020. Is this the classic case of a beaten-down cyclical sector that may be close to bottoming out?
The OF saga has led to sex-workers looking at cryptocurrency as an alternative, notes Devangshu Datta.
Starting with the third quarter of financial year 2020-21 (Q3FY21), we have seen "unlock" trades at various times. Whenever lockdowns have been eased, traders have taken long positions in consumer-facing businesses. Let's look at the logic. Since March 2020, sectors like retail, personal vehicles, hospitality, aviation, fast-moving consumer goods (FMCG), multiplexes, etc., have been under severe pressure. As a result, there's been a low base effect. Every company in these spaces has suffered top line contraction. Many suffered losses, especially in the first half of FY21.
The pandemic has changed the way people see the government. It has eroded trust in the administration's ability to tackle a crisis, any crisis, observes Devangshu Datta.
The laggards include FMCG (16 per cent), Energy (37 per cent) and Media (34 per cent).
Given the costs, you would need to be a high-value target for a government agency to spend this sort of money, points out Devangshu Datta.
Twitter can probably afford to wait it out. But would it have the moral courage to do so? asks Devangshu Datta.
Only the government has the capacity to collate all death data across all facilities and count corpses dumped in rivers. And the government is patently not interested in finding out, observes Devangshu Datta.
'It is no accident that politicians strive to control sports bodies, and get their names associated with popular sports, sometimes by renaming stadiums after themselves,' observes Devangshu Datta.
Projections suggest online food delivery market should grow to $22 billion by 2025.
Developers grappling with labour shortage and getting construction material to sites could be among a list of problems.
Here are seven jargons you may often come across when discussing the Covid-19 pandemic that Devangshu Datta makes sense of.
'In India, there's currently evidence the Centre has not managed a smooth vaccine rollout.' 'It is now falling back on blaming states, which are facing vaccine shortages,' points out Devangshu Datta.
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