GBA Capital to fund $10 billion in web3.0 startups

GBA Capital, a Chinese venture capital (VC) firm, announced a $10-billion pledge to establish a Web3.0 fund. It is believed the announcement was made on December 26, 2023, during the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference, stated Cointelegraph. Sources revealed that the GBA Capital Web3.0 fund will invest in startups focusing on […]

Deepfake crackdown: Govt issues advisory to social media platforms to abide by IT rules

Amid growing concerns over deepfakes, the government has directed all platforms to comply with IT rules, as companies have been mandated to inform users in clear terms about prohibited content, and cautioned that violations will attract legal consequences. IT Ministry will closely observe the compliance of intermediaries (social media and digital platforms) in the coming […]

Nifty may hit 18000 by Dec: IIFL Securities CEO shares stocks to buy, sectors to protect portfolio | Interview

Sensex and Nifty may inch closer to their all-time highs by the end of this year, said Sandeep Bhardwaj, CEO, Retail, IIFL Securities in an interview with Kshitij Bhargava of FinancialExpress.com. He said that with the recent correction in the stock market, Dalal Street looks very attractive considering the long-term growth opportunity. He shared views […]

FMCGs rally, but financials drag indices

By Siddhant Mishra Equities witnessed volatile trade on Thursday, starting off on a strong note and shedding early gains on account of the commentary from the Fed, which continues to maintain its hawkish stance despite agreeing to lower the pace of rate hikes. Also read: New pension scheme with assured returns by May-June Financials and […]

Navi Mumbai’s infra marvel! India’s longest sea bridge project Mumbai Trans Harbour Link nears Jan 2024 deadline – Details inside

The Bharatiya Janata Party’s Maharashtra unit had initially slated the Mumbai Trans Harbour Link (MTHL), India’s longest sea bridge, for a December 25 public opening. However, with around 97% completion, recent updates suggest a potential delay in inauguration until January 2024. Initially set for December 25, the bridge’s inauguration aimed to alleviate peak-hour travel by […]

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