India has initiated an anti-dumping probe against imports of a certain type of optical fibre from China, Indonesia and South Korea following a complaint by a domestic player. The duty is aimed at protecting domestic industry from cheap imports. The commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR)…
A two-bedroom house in the Braga district of Portugal has sold for three Bitcoin, without conversion to Euros. The buyer purchased the property by paying directly in BTC. At the time of writing, one BTC is priced at roughly Rs. 26.85 lakh. This deal marks Portugal’s first real estate sale,…
The Biden administration announced on Monday that 20 Internet companies have agreed to provide discounted service to low-income Americans, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy. The $1 trillion (roughly Rs. 77,37,100 crore) infrastructure package passed by…
Binance, one of the world’s biggest crypto exchanges by transaction volume has decided to disable its derivatives services in Spain while seeking regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV), a government agency responsible for the financial regulation of the securities markets in the country. Binance’s website…
India should stop its “regulatory assault” on Chinese companies, state-backed Chinese newspaper Global Times said, after smartphone maker Xiaomi alleged threats of “physical violence” in Indian investigations. Reuters reported on Saturday that Xiaomi had told a court that its top executives faced threats and coercion during questioning by the Enforcement…
Bitcoin has witnessed a sharp fall in value yet again following dips through Saturday and Sunday as equity markets across the world also saw a considerable slump during the same time frame. In terms of value, Bitcoin was moving closer to the $40,000 (roughly Rs. 30.5 lakh) mark on early…
Microsoft may launch an Xbox streaming device in the next 12 months, as per a report. The streaming device is said to enable users to access movies, TV services along with a library of games through Xbox Game Pass Ultimate. The report also says that Microsoft is also working with…
Actor-filmmaker Farhan Akhtar will be making an appearance in Ms Marvel, the first Muslim superhero series from Marvel Studios. The Disney+ show will be the first Hollywood project for Akhtar, who is known for starring in hits like Rock On!, Zindagi Na Milegi Dobara, Bhaag Milkha Bhaag and Dil Dhadakne…
The Enforcement Directorate on Saturday rejected as “baseless” the allegations that the statements of Xiaomi India officials, the wholly-owned subsidiary of Chinese mobile manufacturing company Xiaomi, were recorded “under coercion”, saying the charges were an afterthought. The federal agency was responding to certain news reports that said Xiaomi alleged in…
Vivo Y75 4G India launch has been set on May 22, as per a report. It also delves out information about the design and specifications of the rumoured smartphone. The Vivo handset is said to come with a 6.44-inch full-HD+ AMOLED display with a waterdrop notch. Its right spine is…
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