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The friction stems from moves by top NFT exchanges Blur and OpenSea to slash royalty rates payable to artists when a token’s ownership changes, in the hope that lower costs will lift depressed levels of buying and selling. But diminished artist income could stanch new work, ossifying a market where trading volumes have already crashed 95% from $17 billion in January 2022, according to figures from Token Terminal. Royalties peaked that month at $269 million but were just $4.3 million in July this year as the rates paid fell to 0.6% per transaction from as much as 5%, researcher Nansen said.

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AFP reported. "When you lose your job, your life comes to a close," the 43-year-old from Lahore told AFP, adding, "We've been working in factories for years... the day you get sacked, the story ends there." Amidst the global economic slowdown triggered by the war in Ukraine and the increase in energy expenses, Pakistan's industrial manufacturing sector has also been adversely affected, mirroring the situation in other parts of the world.

The latest introduction by SEBI of a simplified process for the primary issuance of bonds by corporates could be quite helpful. Unlike equity issuances, bond issues are more frequent and very time and cost-sensitive. Private placement is the right approach for these kinds of issuances.

Narendra Modi on Sunday laid the foundation stone for redevelopment of 508 railway stations across the country via video conferencing. These 508 stations are spread across 27 states and union territories, including 55 each in Uttar Pradesh and Rajasthan, 49 in Bihar, 44 in Maharashtra, 37 in West Bengal, 34 in Madhya Pradesh, 32 in Assam, 25 in Odisha, 22 in Punjab, 21 each in Gujarat and Telangana, 20 in Jharkhand, 18 each in Andhra Pradesh and Tamil Nadu, according to the Prime Minister's Office.

Pakistan textile industry that has seen it lose ground to more nimble Asian competitors. «When you lose your job, your life comes to a close,» the 43-year-old from Lahore told AFP. «We've been working in factories for years… the day you get sacked, the story ends there.» Pakistan's industrial manufacturing sector — like elsewhere in the world — has suffered from the slowdown in global consumption and the rise in energy costs following the outbreak of war in Ukraine.

Industrial Workers (CPI-IW) brought out by the Labour Bureau every month. The Labour Bureau is a wing of the Labour Ministry. Talking to PTI, All India Railwaymen Federation General Secretary Shiva Gopal Mishra said, «The CPI-IW for June 2023 was released on July 31, 2023.

Jharkhand at a cost of Rs 886.7 crore as part of the 'Amrit Bharat Station Scheme', officials said on Sunday. These are among the 508 stations in 27 states, the foundation stone for the redevelopment of which will be laid by Prime Minister Narendra Modi.

Government restricts import of laptop, computers, tablets] for computing devices such as laptops, tablets, all-in-one personal computers (PCs), and servers that has now been [Government delays licensing mandate for import of laptops and PCs by 3 months] pushed by three months to 1 November, the idea of becoming an Atmanirbhar Bharat or a self-reliant India in the information technology (IT) hardware space remains a compelling, and logical proposition for the country on many counts. First, it will help the country reduce its imports from China (India’s trade deficit with China stood at $83.1 billion in 2022-23), pre-empt other geopolitical pressures that impact trading, and strengthen the country's hardware supply chain.

High cash levels in the exploration sector will underwrite an upbeat mood at this week’s Diggers & Dealers conference, countering concerns about a tougher environment for fundraising early-stage metals and critical minerals prospects.

News Corp Australia has quietly axed a major project that would have allowed small businesses to buy advertising across the company’s publications, and made dozens of people redundant.

Chandrayaan-3 spacecraft, which has covered about two-thirds of the distance to the Moon since its launch, successfully entered into the Lunar orbit on Saturday, former ISRO scientist Tapan Mishra said the lunar mission was an illustration of the country breaking new grounds in space exploration. Speaking to in Kolkata, Mishra said, «Our rockets (launch vehicles) are not very powerful. Once the rockets escape the earth, they need a velocity of 11.2 km/s to make further progress.

Sri Lanka has issued tenders choosing India over China for power projects near Jaffna, shortly after President Ranil Wickremesinghe's New Delhi trip. The Ceylon Electricity Board (CEB) recently called for tenders to execute the hybrid power projects in three northern islands of Sri Lanka using a grant of $12 million from India, according to Colombo-based sources. In January 2021, Sri Lanka had awarded the contract to Chinese firm Sinosar-Etechwin to install a hybrid renewable energy system in Nainativu, Delft or Neduntheevu and Analaitivu islands off the coast of Jaffna, which was later scrapped.

Narendra Modi is all set to virtually lay the foundation stone for the redevelopment of 508 railway stations today. The redevelopment of these stations is being done under the aegis of Amrit Bharat Station Scheme at a cost of over ₹24,470 crores to the exchequer.

basmati, the aromatic, long-grained rice that has a huge demand in the global market. The winner of the bid, Latiq Ahmed, immediately calls up his manager in a Haryana rice mill and asks him to transfer `4,76,100 to the seller’s bank account. Sadhuram, the commission agent, is thrilled to have clinched a “good deal” and pocketed an instant 2% brokerage fee, `9,522 in this case, from the purchaser. “Two weeks ago, there was a slump in basmati’s demand. Look at this market now. This bid has fetched `4,761 per quintal,” says Bobby Goyal, an agent present at the high-voltage bidding that lasted less than five minutes. “The government has banned the export of non-basmati rice and, here, the basmati prices are going through the roof,” he says. Another variety of basmati paddy, which was auctioned minutes earlier, had fetched a less — `4,071 per quintal. This was the scene that unfolded earlier this week when ET visited the Agricultural Produce Market Committee’s mandi at Narela, one of the biggest grains markets in the country, which auctioned rice and wheat worth `1,470 crore in 2022-23. On July 20, the government banned the export of non-basmati rice. Ahead of crucial state elections, it does not want to risk domestic food security or exacerbate inflation. Export of non-basmati rice, excluding parboiled, rose from 1.3 million metric tonnes (MMT) in pre-pandemic 2019-20 to 6.3 MMT in 2022-23, an almost five-fold jump.Why ban?

About 1,400 km away, Vikram, a driver in Delhi, had spent his lockdown days in anxiety. Confined to a two-room flat that houses his family of five, he did not have the luxury to develop new hobbies. He had to make sure he had a job when the lockdown was lifted.

bricolage. The term was coined by Levi Strauss, a French anthropologist, who compared the term 'bricoleur' to the 'engineer'. A bricoleur defies the standard norms of creating something from well-established resources, and instead 'makes do' with whatever is available at hand, improvising and generating value almost out of nothing.

Agricultural economist and member of NITI Aayog Ramesh Chand says that as long as India exports 20-22 million metric tonnes (MMT) of rice a year, there will be no impact on domestic food security. In an interview with Shantanu Nandan Sharma, he says India had to ban non-basmati white rice as the global demand had skyrocketed, with policymakers estimating that India may end up exporting over 30 million tonnes if no restriction was imposed. Edited excerpts:Why did the government ban the export of non-basmati white rice?After the outbreak of the Russia-Ukraine war last year, food prices started rising.

(Reuters) — A Canadian government agency has guaranteed fresh commercial loans of up to C$3 billion ($2.2 billion) to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns.

Ram Shankar Katheria, BJP MP from Etawah, for two years in a 12-year-old assault and rioting case in what is likely to cost him his parliament membership. The BJP MP's conviction comes a day after the Supreme Court stayed Congress MP Rahul Gandhi's conviction in a criminal defamation case, paving the way for restoration of his Lok Sabha membership.

New York Post on 2 August. According to the report, Sharanya Bhattacharya – once a ghostwriter and copywriter for a creative solutions agency – now earns only 10 percent of what she used to earn earlier – all thanks to ChatGPT. Before ChatGPT's introduction by the firm, she used to earn around $240 a month by picking up a few SEO-optimized articles each week.