Pool Financial News

Navigating growth as demand for sustainable energy storage solutions reaches an all-time high falls squarely onto the shoulders of Brisbane’s Tim Harris.

₹1 crore minimum investment requirement is an entry hurdle, attracting only sophisticated investors looking for a bespoke investment strategy. Over the previous seven years, the AIF category in India has increased tenfold, with assets under administration totalling ₹7 trillion, according to the Indian Association of Alternative Investment Funds (IAAIF). These investments often have a 10-year time horizon, necessitating financial advisors’ continuous engagement with investors to manage expectations.

Hey Jude or the 'Jiya re Jiya re, bataa re bataa re' one from Jab Tak Hai Jaan, belting out songs while they are playing on speakers or earphones is an unfettered joy. Inhibitions are down, spirits are up, and, by 'joining in', one is tapping into a power source.

South Korea, home to the industrialized world’s lowest birthrate, is having even fewer babies. The country’s downward demographic spiral has come even after years of aggressive government subsidies, low-cost loans and cash payouts meant to entice young people to get married and start families. South Korean President Yoon Suk Yeol wants to pay households even more to have a child.

chips hub to hedge against China-related supply risks. Semiconductors are expected to be a focal point when US President Joe Biden visits Hanoi from September 10 with the goal of formally elevating ties between the two countries. He will offer Vietnam support to boost its chips production, US administration officials said. «Friendshoring» segments of the strategic semiconductors industry has been one of Washington's key inducements to persuade Vietnam's communist leaders to agree to formally upgrade relations.

Jaishankar on Thursday said India's G20 presidency comes with expectations and responsibilities that are exceptional. Speaking at an event at Delhi University (DU), the EAM weighed in on what makes India's G20 presidency different. «The first reason is actually the chair.

Thursday, August 31, 2023 – Web3 play-to-earn (P2E) meme coin gaming platform Tamadoge is launching a major marketing push that will include the promotion of new staking and burn features as the team targets more top exchange listings.

The sector will tap into a revenue pool of around $70 billion, out of the overall financial services revenue pool of $620 billion by FY2030, according to The Bottomline: Elevation Fintech Report 2023. With over 9,000 fintech startups, India now has the world’s third largest fintech ecosystem after the US and UK, it added. The report, published by Elevation Capital and consultancy major McKinsey India on Wednesday, was compiled after interviews with over 20 industry leaders and a survey of more than 70 fintech founders and industry experts. Elevation Capital, earlier known as Saif Partners, has invested in startups like payment major Paytm, insurtech unicorn Acko, lending startup Axio (previously Capital Float), neobank Fampay, buy now pay later player Uni and others. Around $70 billion to $80 billion each have been pumped into retail lending and digital payments. SME lending as a sector has attracted around $55 billion while wealth management has brought in $40 billion to $45 billion, the report said. Between 2018 and 2022, equity infusion has gone up to $6 billion from around $2 billion, the report found.

Zhongrong International Trust, potentially paving the way for a state-led rescue of the troubled shadow lender, according to people familiar with the matter.Citic Trust, a unit of conglomerate Citic Group, and CCB Trust will lead the effort to stabilize operations at Zhongrong. The plan underscores growing concern among policymakers about the $2.9 trillion trust sector's impact on financial stability amid disappointing economic growth and a worsening property slump. It’s also another sign of how Beijing is leaning on stronger state-owned companies to shore up the economy and keep risks in check.

In a stunning display, DEX token PigLido has skyrocketed a mind-blowing +30,000% in just 24-hours, and with a second-leg seemingly underway - how high could this moon-shot go?

The substantial impact of achieving financial independence on personal economic well-being is exerting a profound influence on India’s economy. As a rapidly developing nation with a burgeoning middle class, nurturing financial independence among its citizens is anticipated to play a pivotal role in fostering sustainable economic progress.

By 2047, India’s real estate sector is estimated to expand to $5.8 tn, contributing 15.5% to the total economic output, while the residential market has a potential to generate an output equivalent of $3.5 trn in 2047, according to the Knight Frank-NAREDCO India Real Estate-Vision 2047 report released recently.

Washington | Australian tactical boat builder The Whiskey Project (TWPG) is seeking to raise $20 million for an expansion into the US to buildhighly specialised craft for US defence force use in shallow waters.

Transport and logistics group Brambles expects profit growth to slow in 2023-24 as cost-of-living pressures on households mean lower volumes of goods are being transported on pallets to the group’s retailer customers, which are cutting back inventory levels.

Executive search and hiring firms including Transearch, Longhouse Consulting, CIEL HR and GI Group Holdings say that unlike earlier, when it was difficult to even pin down senior Big Tech professionals for job offer conversations, now they're the ones who often make the first move.

Bitget, a prominent crypto derivatives and copy trading platform, is commemorating its fifth year of operation. The platform, which serves a global user base of over 20 million, has announced a series of events and initiatives to mark this milestone.

PMRTS and CMRTS), which are used to operate walkie-talkies. In the discussion paper titled ‘Review of Terms and Conditions of PMRTS and CMRTS Licenses’, the Telecom Regulatory Authority of India (Trai) asked whether there is a need to review the terms and conditions of PMRTS License and PMRTS Authorization under Unified License and if PMRTS providers should be permitted internet connectivity on static internet protocol (IP) addresses. The authority also sought comments on whether it is possible to deliver the PMRTS/ CMRTS, which are mission critical in nature, using 4G/5G network slicing or any other technology. “If yes, in what manner should the delivery of PMRTS/ CMRTS using 4G/ 5G network slicing be enabled in the license? What should be safeguards to ensure that the quality-of-service for cellular networks is not adversely impacted?” Trai sought to know in the paper released Tuesday. The paper follows a June 2022 letter by the Department of Telecommunications (DoT) requesting recommendations on the terms and conditions for issue of fresh licenses for CMRTS and PMRTS Services especially with respect to technical conditions and financial aspects, the sector regulator said in a notification Tuesday. The deadline for written comments on the discussion paper is September 26, and for counter comments, it’s October 10. The sector regulator observed that telecom technology has grown significantly over the past few years and asked if PMRTS providers should be made to keep pace. “Whether there is a need to mandate PMRTS providers to migrate to spectrally efficient digital technologies in a time-bound manner,” Trai asked industry stakeholders to comment. It asked for comments on Trai’s existing recommendations on the method

India house up to 15% of the Indian tech talent pool and can drive 50% cost savings for India's $245 billion technology landscape, said a report released by Deloitte India and Nasscom on Tuesday. This includes regions like Ahmedabad, Chandigarh, Indore, Jaipur, Kochi, Mysuru, Warangal, Hubli, Madurai, Raipur, Guwahati and Vishakhapatnam among others. The report found talent pool costs are 25-30% lower than those in mature hubs, with 50% cost savings in real estate rentals compared with mature hubs. This economic advantage also makes these cities an attractive choice for growth with lower investments demonstrated by over 140 Global Capability Centres (GCCs) located in these places.

Jobizo has announced its transformation into a global healthcare powerhouse following the successful transfer of business from IFANglobal, a company known for its worldwide healthcare recruitment and training business. With this move the company aims to expand its global reach and talent pool, enabling healthcare organizations to match with more than 10,000 professionals on the platform.

Golden Crossover stands as a noteworthy phenomenon, offering insights into potential trends and shifts in stock movement. This article delves into the essence of the Golden Crossover, highlighting its importance for traders and investors. The Golden Crossover is a pivotal technical analysis pattern that occurs when a short-term moving average crosses above a long-term moving average.

Borrowers with a mortgage at a non-bank lender are more stressed than those with major banks and regulators will step in if they pose a “broader systemic risk” to the financial system, the prudential watchdog says.