The rupee continued its downward journey as it moved above 74 levels. Yesterday it fell by 23 paise and ended near 74.1 whereas November future above 74.55. Choppy domestic equities and strengthening of Dollar index remains major concern • The Dollar index remained cautious ahead of the ECB event. However, recent lockdown and uncertainty on the amount of stimulus attracted risk: aversion buying. … [Read more...] about Buy USDINR; target of 74.55 – 74.65 : ICICI Direct
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Stripe now lets businesses put money directly into carbon removal
commit $1 million to help support nascent carbon-removal technology, and unveiled the first projects it’s backing last May: A company that sucks carbon directly from the air, another that creates “bio-oil” that can be injected underground, a company that sequesters carbon in concrete, and a startup that plans to spread a mineral called olivine on beaches, where it will interact with waves to capture carbon. Stripe’s customers can now help fund the same work with a few clicks. … [Read more...] about Stripe now lets businesses put money directly into carbon removal
DCB, RBL and Punjab National banks offer attractive rates on 3-year fixed deposits for senior citizens
Smaller private banks offer interest rates of up to 7.45 per cent on three-year FDs for senior citizens, according to data compiled by BankBazaar. These interest rates are higher compared to those offered by public sector banks. For instance, DCB Bank, RBL Bank, IndusInd Bank and others, as shown in the table, offer 6.5-7.45 per cent interest on their three-year FDs. Public sector banks such as Punjab National Bank and Canara Bank offer 6 per cent and 5.85 per cent, respectively. Behemoths such as State Bank of India (SBI) and Bank of Baroda (BOB) offer 5.8 per cent and 5.6 per cent interest, respectively, on their three-year FDs for senior citizens. … [Read more...] about DCB, RBL and Punjab National banks offer attractive rates on 3-year fixed deposits for senior citizens
Jack Dorsey takes leaf out of Zuckerberg’s book, says Twitter has no influence on elections
Dorsey took much of the heat from Republicans, with specific ire directed at Twitter’s decision to block a recent New York Post article alleging that Democratic presidential nominee Joe Biden’s son, Hunter Biden, profited from Chinese deals. Senator Ted Cruz of Texas led the charge, demanding to know of Mr. Dorsey, “Who the hell elected you and put you in charge of what the media are allowed to report and what the American people are allowed to hear?” … [Read more...] about Jack Dorsey takes leaf out of Zuckerberg’s book, says Twitter has no influence on elections
The enormous COVID-19 recovery plans show there’s money to solve climate change
With existing policy, the world is already investing $1.1 trillion in clean energy. That leaves an investment gap of only $300 billion to get on a pathway in line with climate science. If we divest from fossil fuel investments—not including fossil fuel subsidies—the gap shrinks even further, to just $20 billion, or 0.2% of the total stimulus funding announced so far. “One of the messages of this is that tackling climate change is not that expensive, which is contrary to the narrative that we often hear—that this is a crazy, expensive mess,” Andrijevic says. … [Read more...] about The enormous COVID-19 recovery plans show there’s money to solve climate change
