NHM plan may bat for green hydrogen exports

The draft proposal, which recommends green hydrogen exports to Japan, South Korea, and Europe, also suggests setting up four integrated hydrogen hubs and running long-range public transport buses fuelled by hydrogen cells on heritage routes, remote locations, and ecologically sensitive zones. The playbook involves leveraging the country’s landmass and low solar and wind tariffs to […]

Jack Dorsey’s Square to invest $5 million to build solar-powered bitcoin mine

American payments firm Square is partnering with blockchain technology provider Blockstream Mining to build a solar-powered bitcoin mining facility. “We are concerned about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Tesla’s chief executive officer Musk had said in a tweet on […]

How Bitcoin and Amazon helped this investor make a comeback as a billionaire

Though, his investment in Bitcoin is now worth even more than his Amazon stake. He expects Amazon stock to double in the next three years as the company expands its cloud-hosting, advertising, business-to-business, and private-label operations. Miller also had stake in GameStop, however, one of his firm’s funds sold its GameStop holdings during the Reddit-fueled […]

Why Covid-19 crisis has failed to trigger deep stock market selloff in India?

Even as the nation reports more than 300,000 confirmed infections and over 4,000 deaths a day, India’s benchmark equity index has been moving in line with regional peers. The surprisingly muted stock market reaction to India’s virus disaster can also be seen in net outflows of foreign investors, which totaled about $1.5 billion in April […]

Markets: Asian stocks erase 2021 gains on concern over inflation, virus

An explosive rally in commodity prices has come at a time when Asia’s tech stocks, much like their global peers, are contending with higher U.S. “We need to kind of price in a more normal interest-rate environment, more normal inflation environment,” said Ken Peng, head of Asia investment strategy at Citigroup Inc.’s private-banking arm. Japanese […]

What is fuelling the stellar surge in Ethereum?

On this platform, software developers write smart contracts that control digital value through a set of criteria and are accessible anywhere in the world. A smart contract is a programmable contract that runs on the ethereum blockchain, that allows two parties to set conditions of a transaction without needing a third party for execution. According to […]