Facebook Financial News
20.11 / 18:53
Facebook
Blockchain
Adoption
Amazon
The three traits of Web 3.0 that fix what went wrong with today’s internet
Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The narrative shifted once the COVID-19 pandemic pushed people into their homes with plenty of time to dive into new interests. Crypto benefited from the increased attention, entering everyday conversations among friends, family and colleagues.
19.11 / 23:45
Facebook
IPO
Assurant
National
pension
Atal Pension Yojana Vs National Pension System: Things to know before opening APY or NPS account
Atal Pension Yojana (APY) and National Pension System (NPS) are the two pension plans many of us invest in to save towards retirement. What makes them a true-to-label pension plan is the provision of lifetime annuity after opening an APY or NPS account. Both NPS and APY are deferred pension plans, which means one needs to keep saving for a specific tenure before getting a regular pension. Further, both APY and NPS are regulated by PFRDA as far as its rules and guidelines are concerned.
19.11 / 04:57
business
Facebook
Funding
$400M funding round to help Gemini build in the decentralized Metaverse
The Winklevoss twins’ crypto exchange Gemini will allocate capital from its $400 million funding round into building a “Gemini experience in different Metaverses.”
18.11 / 14:01
Facebook
UPS
Merit
Glen outlines pathway to live Britcoin launch
The Bank of England is currently consulting with a broad range of stakeholders from across the economy and society, including consumer groups, think tanks, businesses, academics, financial institutions and technology experts, in its exploration of a business case for a CBDC.
18.11 / 05:29
business
Facebook
Adoption
Social Media
VR Metaverse comes closer to reality as Meta previews haptic gloves
Meta — the company formerly known as Facebook — is diving straight into virtual reality with a preview of its latest research and development on haptic gloves which give sensory feedback while in digital realms.
18.11 / 03:23
Facebook
Progressive
Mobile
Future
Mapping Cardano founder’s idea of a future Metaverse
“I think there’ll be a really cool experiment to kind of explore and build.”
17.11 / 15:15
Facebook
defi
Microsoft
Gaming
KuCoin Makes a USD 100M Bet on Metaverse
The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept.
17.11 / 00:35
Facebook
CEO
Decentraland
When it comes to metaverse, it ‘really comes down to learning.’ Here’s why
Metaverse has become a hot topic, especially after Mark Zuckerberg’s announcement around Facebook rebranding some time back. Soon after, Morgan Stanley came out to call it the next big investment vertical.
16.11 / 13:13
Facebook
IPO
Provident
Booking
Tax Talk: Know how to compute tax on income from freelancing
Due to unmatched flexibility, even traditional jobholders are now seen freelancing on the side in all industries—including sales, education, delivery, IT, and data processing. Pertinently, the supplemental income earned through independent work has to be offered to tax under the Income Tax Act.
16.11 / 11:21
16.11 / 09:03
Facebook
IPO
Telegram
information
Income Tax Return: How to download Annual Information Statement to make ITR filing easy
A taxpayer needs to disclose all the details in the Income Tax Return (ITR) that are relevant for computing one’s total income earned. While information regarding salary income may be found in Form 16 and information regarding interest on Fixed Deposit (FD) etc may be found in Form 16A, it is difficult to gather the details for those incomes, where no tax is deducted at source (TDS).
15.11 / 15:39
Facebook
Amazon
Microsoft
Facebook and other big tech stocks ‘in clear bubble’, warns Rob Arnott
Rob Arnott, founder and chair of US-based Research Affiliates, warns several of the world's biggest technology stocks are "in clear bubble" territory, claiming they have “implausible growth assumptions”.
14.11 / 08:11
Facebook
IPO
CEO
Puzzle
Warren Buffett bought his first stock at age 11! Here’s why you should teach your child about investing too
Parents should teach their children how to invest in stocks along with the benefits of doing so. Even though one can invest in stocks for minors, parents should encourage the child to monitor them to develop a habit of investing.
13.11 / 17:17
Facebook
Microsoft
Platform
Metaverse grabbing eyeballs, Morgan Stanley calls it ‘next big investment theme’
With Facebook recently rebranding itself as Meta, there has been an exponential growth in interest in the “Metaverse.” So much so, that executives from this leading banking institution are weighing in on it. Morgan Stanley, one of the biggest investment banks in the world, put forward a vote of confidence for metaverse, a decentralized virtual world. They even went on to term it as ‘the next big investment theme’ within the ecosystem.
13.11 / 13:11
Facebook
IPO
Telegram
asset allocation
How to manage debt, risks, asset allocation before starting to invest
Money management starts with taking care of household budgeting and goes a distance in having a financial plan in place for your long term goals. No matter what your income is, what matters is how much you are able to save as a percentage of your income.
11.11 / 15:15
Facebook
IPO
Booking
ETF
Net inflows into equity MFs decline in October
Net inflows into equity-oriented mutual fund schemes declined to Rs 5,214.87 crore in October from Rs 8,677.41 crore in September as investors continued to book profit. Data released by the Association of Mutual Funds in India (Amfi) show that barring ELSS and value/contra schemes, all other schemes witnessed positive inflows during the month.
11.11 / 11:27
Facebook
IPO
CEO
Strategy
PGIM
New Fund Offer: PGIM India MF launches India’s first Global Real Estate Securities Fund; check details
PGIM India Mutual Fund has announced the launch of India’s first Global Real Estate Securities Fund – PGIM India Global Select Real Estate Securities Fund of Fund. It is an open-ended equity fund of fund scheme investing in PGIM Global Select Real Estate Securities Fund.
10.11 / 18:13
Facebook
Blockchain
Ethereum
Microsoft
To work for everyone, the Metaverse must be decentralized
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.
10.11 / 14:47
Facebook
UPS
Merit
Glen outlines pathway to live Britcoin launch
The Bank of England is currently consulting with a broad range of stakeholders from across the economy and society, including consumer groups, think tanks, businesses, academics, financial institutions and technology experts, in its exploration of a business case for a CBDC.
10.11 / 03:11
Facebook
UPS
Merit
Glenn outlines pathway to live Britcoin launch
As part of those explorations, HM Treasury and the Bank of England will publish a consultation in 2022 setting out their assessment and the merits of further work to develop an operational and technology model for a UK CBDC.In a written Parliamentary statement, Glenn says that if there is a decision to proceed following the consultation, a development phase would include the publication, by the Bank of England, of a technical specification to explain the proposed conceptual architectureC.
09.11 / 21:55
Facebook
IPO
Telegram
Department
Over 2.38 cr ITRs for FY21 filed: I-T department
Over 2.38 crore income tax returns have been filed for 2020-21 fiscal so far, the I-T department said on Tuesday. Of this, over 1.68 crore income tax returns (ITRs) have been processed, while refunds have been issued in more than 64 lakh cases.
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