Tuesday 31 December 2019

World welcomes 2020, but celebrations shadowed by wildfires, protests, Korea tensions

World welcomes 2020, but celebrations shadowed by wildfires, protests, Korea tensions Large crowds gathered in European capitals for spectacular fireworks displays that lit up the skies over landmarks like Big Ben in London, the Arc de Triomphe in Paris, the Parthenon in Athens and the Kremlin in Moscow.

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Donald Trump says Iran will #39;pay a very big price#39; if lives are lost at any US facility

Donald Trump says Iran will #39;pay a very big price#39; if lives are lost at any US facility "Iran will be held fully responsible for lives lost, or damage incurred, at any of our facilities. They will pay a very BIG PRICE! This is not a Warning, it is a Threat," Trump wrote on Twitter hours after protesters angry about U.S. air strikes on Iraq hurled stones and torched a security post at the U.S. Embassy in Baghdad.

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Mike Pompeo hopes North Korea#39;s Kim Jong Un chooses #39;peace and prosperity over conflict and war#39;

Mike Pompeo hopes North Korea#39;s Kim Jong Un chooses #39;peace and prosperity over conflict and war#39; "So, seeing that reporting publicly, it remains the case that we hope that Chairman Kim will take a different course," Pompeo told Fox News in an interview. "We#39;re hopeful that ... Chairman Kim will make the right decision - he#39;ll choose peace and prosperity over conflict and war," Pompeo said.

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Stocks in the news: Aster DM, CreditAccess, Skipper, PTC India, Adani Green, Sterling and Wilson

Stocks in the news: Aster DM, CreditAccess, Skipper, PTC India, Adani Green, Sterling and Wilson CreditAccess Grameen | Skipper | PTC India | Embassy Office | Adani Green and Aster DM Healthcare are stocks which are in the news today.

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Kim Jong Un says North Korea to show #39;new strategic weapon#39; in near future

Kim Jong Un says North Korea to show #39;new strategic weapon#39; in near future Kim convened a rare four-day meeting of the ruling Workers#39; Party#39;s policy-making committee since Saturday as the United States had not responded to his repeated calls for concessions to reopen negotiations, dismissing the deadline as artificial.

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North Korea ending test moratoriums: Kim Jong Un

North Korea ending test moratoriums: Kim Jong Un A self-imposed ban on such tests -- Kim declared they were no longer needed -- has been at the centrepiece of the nuclear diplomacy between Pyongyang and Washington over the last two years, which has seen three meetings between Kim and US President Donald Trump, but little tangible progress.

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Deccan Chronicle case: Sebi bars 4 individuals from markets for 2 yrs

The watchdog said there would be no proceedings against Deccan Chronicle Holdings.

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CARE Ratings downgrades Rs 21,000 crore worth YES Bank bonds

“There is continued uncertainty related to quantum and timelines of raising equity capital, which would keep the bank’s capital buffers at low levels and provide lower cushion to absorb any losses on account of higher provisioning requirement due to weakening of asset quality,” the ratings agency noted.

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Fed wins year-end repo battle, but war to control rates drags on

It has also been bolstering system reserves through Treasury bill purchases.

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Emerging Market equities may have a Happy New Year

Valuations, too, are in favour of the EMs. They are at the level of the Asian crisis in 1997.

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Sebi keeping tabs on social media for insider trading clues

Insider traders use unpublished price sensitive information to their advantage.

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Plantation companies want export scheme extended

Exporters reckon that as framing a new foreign policy will take time, the present scheme is likely to continue. Cashew export has been declining in the last few years with the rise of Vietnam as a major exporter of the commodity.

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Food processing industry seeks 20% export sop

The high taxes on branded food products has led to an increase sale of food in loose form which is unsafe and unhealthy. This has also reduced consumption of packaged food, said Jindal. The association has also recommended that new units be provided with a five-year tax holiday irrespective of the location of the unit.

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Banks continue to remain wary of lending to NBFCs

Banks undertake purchase of retail pools under the securitization mode to meet their priority sector and retail lending requirements. As per central bank rules, the risk and rewards of the securitization pool is to be borne by the buyer without any recourse of credit loss to the seller.

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Nano Achieves Nearly 4 Times Bitcoin’s Confirmed Daily Transaction Throughput

The scaling of different cryptocurrencies remains crucial. Nano, an often overlooked altcoin, is seemingly on the right track to achieve this goal.

All of these discussions need to be taken with a grain of salt.

Nano Nails Scaling Properly

Altcoins often tend to scale better than bitcoin, yet it doesn’t necessarily help them gain traction.

Even so, Nano seems to be achieving a respectable throughput these days.

In recent days, the Nano network has seen an influx of transactions.

This is not an actual stress test, but rather someone flooding the network.

Why this action is undertaken, remains a mystery.

The results of this “test” are rather interesting, however.

Nano has now achieved over 1,700,000 confirmed daily transactions.

This is nearly four times as many transactions compared to bitcoin.

Rather than crumbling, it appears that this altcoin’s network can handle the load rather easily.

Given how big of a problem network congestion can be, Nano appears to be doing something right.

How this will impact the future use of this altcoin, is a different matter entirely.

The majority of people interested in cryptocurrency won’t look past the market cap top 25. 

Nano’s current market cap isn’t even near those levels at this time.

Image(s): Shutterstock.com

The post Nano Achieves Nearly 4 Times Bitcoin’s Confirmed Daily Transaction Throughput appeared first on The Merkle Hash.



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Delhi, Bihar assembly elections and Rajya Sabha polls: Key political developments to watch out for in 2020

Delhi, Bihar assembly elections and Rajya Sabha polls: Key political developments to watch out for in 2020 Developments around the Delhi and Bihar assembly elections are likely to dominate political headlines in 2020

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What changed for the market while you were sleeping? Top 10 things to know

What changed for the market while you were sleeping? Top 10 things to know Trends on SGX Nifty indicate a negative opening for the broader indices in India, a loss of 87.50 points or 0.71 percent.

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India reserves right to pre-emptively strike at sources of terror: new Army Chief

India reserves right to pre-emptively strike at sources of terror: new Army Chief Gen Naravane also said the Indian Army will enhance combat capabilities along the border with China so that it is fully prepared to deal with any challenge

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Probes by Sebi treble in four years, but closure rate falters

Sebi’s regulatory and enforcement work has increased manyfold over the years.

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Analyst Calls: Gujarat Gas, SBI Life, Aarti Industries

ICICI Securities has maintained a buy rating on Balkrishna Industries with a target price of Rs 1,220.

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Intel Core i9-10980XE and Asus ROG Strix X299-E Gaming II Review

Intel has cut its X-series Core i9-10980XE CPU's price by half to compete with the very affordable Ryzen 9 and Ryzen Threadripper CPUs

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Fractal Signals Bitcoin to Drop to $6,600 in Near-Term; Will the Downtrend End There?

Bitcoin’s recent series of rejection within the mid-to-upper $7,000 region has resulted in BTC’s bears gaining an edge over bulls, as the cryptocurrency is now retreating down to its key $7,000 support level, which appears to be growing increasingly weak. Importantly, one analyst is now noting that Bitcoin could be on the verge of seeing significantly further near-term losses that could send it reeling back towards its multi-month lows, but this drop may be followed by a large upwards movement. Bitcoin’s Current Downtrend May Extend Further, But What Comes After Favors Bulls At the time of writing, Bitcoin is trading down 2% at its current price of $7,190, which marks a notable decline from its daily highs of $7,400 that were set during a fleeting rally earlier this morning. It is important to note that this morning’s rejection at $7,400 marked the latest in a series of rejections that BTC has faced over the past several months, signaling that the upper-$7,000 region is currently an insurmountable level that could continue suppressing its price. One analyst is now noting that a fractal signals that the ongoing downtrend may extend until Bitcoin reaches $6,600, which could be followed by a significant rally. Financial Survivalism, a popular trader, spoke about this in a recent tweet, explaining that a fractal and Wyckoff Accumulation pattern both point to the possibility that BTC will dip as low as $6,600 before it reaches a level that could help spark the next uptrend. “$BTC 12h fractal points to a $6,600 retest in the first week of January, which would match up very nicely with the Wyckoff Accumulation pattern that is starting to form,” he said while pointing to the chart seen below. $BTC 12h fractal points to a $6,600 retest in the first week of January, which would match up very nicely with the Wyckoff Accumulation pattern that is starting to form. pic.twitter.com/VdBLQmGBRN — Financial Survivalism (@Sawcruhteez) December 31, 2019 How Bitcoin responds to its support at $7,000 in the near-term will likely offer significant insight into whether or not this fractal is valid, or if it will continue consolidating around its current price levels before climbing higher. Featured image from Shutterstock. The post appeared first on NewsBTC.

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Monday 30 December 2019

Oil prices edge down but set for biggest yearly rise since 2016

Oil prices edge down but set for biggest yearly rise since 2016 Brent crude futures for March delivery, the new front month contract, were down 11 cents, or 0.2%, to 66.56 a barrel by 0158 GMT, while U.S. West Texas Intermediate (WTI) crude for February was down 11 cents, or 0.2%, at $61.57 per barrel. Brent for February delivery closed on Monday at $68.44.

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Kim Jong Un urges #39;positive and offensive#39; security measures ahead of nuclear talks deadline

Kim Jong Un urges #39;positive and offensive#39; security measures ahead of nuclear talks deadline Kim convened a weekend meeting of top Workers#39; Party officials to discuss policy matters amid rising tension over his deadline for Washington to soften its stance in stalled negotiations aimed at dismantling Pyongyang#39;s nuclear and missile programs.

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Stocks in the news: Fortis Health, Piramal Enterprises, Infosys, Chalet Hotels, NHPC

Stocks in the news: Fortis Health, Piramal Enterprises, Infosys, Chalet Hotels, NHPC Fortis Healthcare | Vodafone Idea | NHPC | HPCL | Kirloskar Electric | Infosys are some of the stocks which are in news today.

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Manoj Bajpayee, Sobhita Dhulipala, Emraan Hashmi and Vivek Oberoi impress in top 15 web series of 2019

Manoj Bajpayee, Sobhita Dhulipala, Emraan Hashmi and Vivek Oberoi impress in top 15 web series of 2019 Here#39;s a quick look at the web series and actors who made the best impression in 2019

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Market Movers: What changed for D-Street while you were sleeping

Asian stocks drifted in thin trading on the last day of a year that has delivered spectacular returns across asset classes.

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RBI allows linking of FASTag accounts with UPI, mobile wallets

Reserve Bank of India said that it’ll allow customers to link their FASTag accounts with all authorised modes of payments.

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Consumer stocks could test India banks’ index dominance in 2020s

The weightings of financial industry stocks on the benchmark Sensex doubled this decade.

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EMs geared up for another year of wealth creation

Total wealth in emerging-market stocks and bonds now exceeds $27 trillion.

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Portfolio strategy for the New Year: Zeroing in on 2020's outperformers

ET takes a look at top picks of five brokerages for the New Year.

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Adani Electricity set to raise up to $1.5 billion abroad

The proceeds will be used to expand capacity and refinance loans taken to fund the acquisitions.

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Chalet Hotels signs 5 new management deals with Marriott

The agreements are for a new 170-room Westin hotel in Hyderabad.

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IndiGo, Etihad show interest in boarding Air India

The government, which could not sell 76% in Air India last year, is offering 100% stake this time. But the response to road shows in Singapore and London were not encouraging. The Centre is likely to come up with the expression of interest (EoI) documents by next month.

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ISec, IIFL Securities gain on Sebi’s strict margin norms

ICICI Securities (ISec) and IIFL Securities gained 26 per cent and 57 per cent, respectively over the past month.

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Analyst Calls: MGL, L&T Infotech, Manappuram Finance

Prabhudas Lilladher has maintained accumulate rating on Manappuram Finance with a target price of Rs 195.

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As moratorium ends, NPAs may rise in January

With the moratorium period of some facilities gradually coming to an end, it is expected that the asset quality may come under pressure. There has also been an increase in softer delinquencies for nonbanks in the current fiscal reflecting the build-up of stress.

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Stakeholders believe, MDR waiver may hurt digital India

Finance Minister Nirmala Sitharaman on Saturday said that the zero MDR regime would kick in once the Department of Revenue issued a gazette notification on January 1. Top industry players say Centre’s decision on not levying merchant discount rates will make the business model unviable.

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What changed for the market while you were sleeping? Top 10 things to know

What changed for the market while you were sleeping? Top 10 things to know Experts are of the view that the market is likely to remain rangebound in the absence of any major triggers, but smart money continues to flow into broader markets.

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AAP, BJP, Congress spent 2019 trying to outsmart each other in Delhi

AAP, BJP, Congress spent 2019 trying to outsmart each other in Delhi The year started with AAP campaigning aggressively for full statehood for Delhi, but after the Lok Sabha election defeat a relatively subdued face of the party emerged

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Delhi Assembly election 2020: QR code on voter slips to facilitate electors

Delhi Assembly election 2020: QR code on voter slips to facilitate electors The Chief Election Officer had recently said that Delhi will be the first state/Union Territory in which a booth app shall be used in every polling station for the first time in the country

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Honda Activa 125 BSVI Road Test Review

Honda Activa 125 BSVI Road Test Review Honda Activa 125 BSVI Road Test Review

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Bajaj Pulsar 125 Road Test Review

Bajaj Pulsar 125 Road Test Review Bajaj Pulsar 125 Road Test Review

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