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Gates said he rather preferred investing in assets with tangible outputs, like farms or factories

Bill Gates says he holds no position in cryptos, NFTs

PGurus Newsdesk - June 16, 2022 1

NFTs, cryptos are '100% based on greater fool theory': Bill Gate Tech billionaire Bill Gates has said that he holds no position in crypto currencies...

According to Bank of America research, the debt to GDP ratio is approximately 100 percent, which parallels the unprecedented levels seen during World War 2

US debt stands at a staggering $34 trillion: Report

PGurus Newsdesk - January 29, 2024 1

US debt stands at $34 trillion; forecasted to hit $3 trillion by 2030 The US’ mounting debt structure currently stands at a staggering $34 trillion,...

Compliance under PMLA, demands reporting entities’ registration and adherence to regulatory norms like KYC, transaction records, and reporting of suspicious activities

28 crypto/ VDA platforms register with FIU-India to comply with PMLA norms

Team PGurus - December 4, 2023 0

Offshore crypto exchanges must register with India’s FIU: Finance Ministry As many as 28 Virtual Digital Assets (VDA) service providers, including WazirX, Coin DCX, and...

1,023 new cryptocurrencies listed on the market since February

Despite regulations, over 1,000 new crypto coins listed in market in 5 months

PGurus Newsdesk - July 19, 2023 0

The total number of cryptos increased 75 times between 2013 and 2021, from slightly more than 60 to more than 4,500 According to data presented...

The Board has made significant changes in the computer syllabus, students will now be taught about modern topics

UP Board students to study crypto, drone tech and new-age advancements in field of...

PGurus Newsdesk - May 7, 2023 1

UP Board modernizes computer learning in schools; introduces basics of IoT, cryptos, drone tech Students of government schools in Uttar Pradesh will now read about...

We are indeed at the end game for the US Dollar as it has existed in its unbacked form since 1971

Why 2023 has to be worse than 2008

Shanmuganathan Nagasundaram - January 5, 2023 1

US housing market 2022 witnessed the US equity and bond markets enter a bear market. These are indeed long-term trends and while we might witness...

The author provides the solution to prevent malinvestments, and that capitalism is the best economic model not only to get rid of poverty but also to reduce inequalities

2022 – The end of an era of blissful ignorance!!!

Shanmuganathan Nagasundaram - November 27, 2022 0

2022 will be viewed as a pivotal year In the annals of finance, 2022 will be viewed as a pivotal year – perhaps without even...

In the entire 8-minute monologue of Powell, there was not a single mention of Quantitative Tightening or a reduction of the Fed balance sheet

Can Powell climb out of the Jackson Hole?

Shanmuganathan Nagasundaram - September 3, 2022 3

US Fed reiterates its focus only on price stability In his recent speech at Jackson Hole (given below), Jerome Powell reiterated the overarching commitment of...

The UN trade and development body UNCTAD says that in 2021, developing countries accounted for 15 of the top 20 economies when it comes to the share of the population that owns cryptocurrencies

In India, 7.3% of the population owned digital currency in 2021, the Seventh highest...

Team PGurus - August 11, 2022 0

Global use of cryptocurrencies has increased exponentially during Covid pandemic, says a report Even after the repeated warning from the Reserve Bank of India (RBI)...