Author: TheSpuzz Desk

4 min read Last Updated : Jul 22 2024 | 9:32 PM IST The Economic Survey released on Monday echoed other regulators’ concern over the rising retail interest in the riskier derivatives segment, where average daily turnover is more than Rs 400 trillion (notional turnover for options) regularly compared to about Rs 1.2 trillion in the cash segment. The survey cautioned on the expensive valuations and termed the market’s claim on the real economy “excessively high”. It described derivatives as speculative instruments and likened trading in it to gambling. “Derivatives trading holds the potential for outsized gains.…

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Alsu Kurmasheva was arrested last year while travelling to Russia for a family emergency. (File) A Russian court has sentenced US-Russian journalist Alsu Alsu Kurmasheva to more than six years in prison for violating military censorship laws, a court spokesperson said Monday, a ruling her employer slammed as a “mockery of justice”. Alsu Kurmasheva, 47, was convicted on Friday — the same day a separate Russian court sentenced US journalist Evan Gershkovich for 16 years on espionage charges, also rejected as baseless — but the details were not made public until Monday. “On Friday, Alsu Kurmasheva was sentenced. Six years,…

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New Delhi [India] July 22 : In a world constantly evolving through innovation and dedication, 12 remarkable entrepreneurs stand out for their transformative contributions across various industries. From pioneering educational platforms and leading PR agencies to advancing healthcare and redefining security services, these visionaries are setting new standards of excellence. Their journeys, marked by resilience, creativity, and a relentless drive to make a difference, inspire countless others to pursue their passions and impact the world positively.1. Taylor ElizabethTaylor Elizabeth Bodrie Perramond, an award-winning Emotional Intelligence, Etiquette, and Image Advisor, brings over 15 years of experience across 22 markets on five…

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2 min read Last Updated : Jul 22 2024 | 9:00 PM IST Cashfree Payments, a company specialising in banking solutions and payments, on Monday received the Reserve Bank of India’s (RBI) nod to operate as a payment aggregator-cross border (PA-CB) nearly a year after the banking regulator issued a circular on the regulation of such entities. The Bengaluru-based company is one of the first non-banks to receive the PA-CB licence, according to the RBI’s website. “With the Payment Aggregator-Cross Border (PA-CB) licence, we are now well-positioned to support global businesses and globally regulated entities collecting payments…

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GamesBeat is excited to partner with Lil Snack to have customized games just for our audience! We know as gamers ourselves, this is an exciting way to engage through play with the GamesBeat content you have already come to love. Start playing games here.  The virtual pet game and franchise Neopets is 25 years old this year, and it’s going through a reinvention inspired by its new owner and CEO Dominic Law. Neopets is showing up at San Diego Comic-Con from July 24 to July 28 to draw attention to the anniversary, which happens on November 15. Since restructuring in a management…

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Reddit has struck deals with major sports leagues, including the NFL, NBA, and the MLB, as the company looks to boost revenue following its move to go public. Through the program, Reddit will show more game highlights, behind-the-scenes videos, and ask-me-anything (AMA) sessions with players.In exchange, advertisers on Reddit, such as Samsung, Ford, Volkswagen, and FanDuel, can show ads alongside video content posted by the leagues. Reddit will then share the revenue it gets from advertisers with the participating sports leagues, according to The Information. In the example shown below, Reddit shows an ad just before a highlight from a…

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Following renewed optimism from investors and traders, Dogecoin, the largest dog-themed meme coin in the crypto market has witnessed a surge in its Open Interest (OI), as DOGE reached its highest Price in over a month. The entire amount of derivative contracts, such as futures and options, is known as open interest. Thus the recent rise in DOGE’s open interest suggests increased trader activity and growing market interest in the dog-themed meme coin. Dogecoin’s Price Uptick Attracts Investors’ Interest Trading platform and analyst, TOBTC shared the positive development on the X (formerly Twitter) platform, which has attracted positive sentiment from…

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4 min read Last Updated : Jul 22 2024 | 8:03 PM IST Google has stringent rules for scrutinising Android apps before they make their way to Play Store but now Google is making the vetting process even more strict. The US-based software giant has revised its minimum quality requirements for Android apps and will not allow those that do not meet requirements on Play Store from August 31. Further, it could remove such Android apps from Play Store, too. US-based technology giant Meta is reportedly planning a new high-end model of its Meta Quest mixed-reality headset to…

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