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UK is facing a severe gas shortage with 'out of gas signs' across petrol pumps and long queues of cars looking to tank up.

EJ Explains| Why is Britain out of gas?

EJ Explains| Find out why nearly 60% of petrol pumps across UK are out of gas. 

Out of fuel| Why UK is facing a severe gas crisis 

As many as two-thirds of nearly 5,500 independent outlets are out of fuel in UK

UK is facing a severe gas shortage with&nbsp;'out of gas signs' across petrol pumps and long queues of cars looking to tank up.
U.K. is short tens of thousands of truckers, due to a perfect storm of factors including the <a href="https://www.editorji.com/coronavirus" target="_blank">coronavirus </a>pandemic, an aging workforce and an exodus of foreign workers following Britain&rsquo;s Brexit departure from the European Union last year. The <a href="https://www.editorji.com/story/uk-to-allow-travellers-vaccinated-with-covishield-from-oct-4-1632301175817" target="_blank">UK</a> had lost 72,000 drivers between the second quarter of 2019 and the same period in 2021, mostly due to people returning to the EU after Brexit. The Petrol Retailers Association in UK has warned that as many as two-thirds of its membership of nearly 5,500 independent outlets are out of fuel, with the rest of them "partly dry and running out soon".&nbsp;BP Plc&nbsp;said it had been forced to shut down a handful of its 1,200 U.K. fuel stations and restrict supplies to others because it didn&rsquo;t have enough drivers for its delivery trucks. In a joint statement from companies including Shell, ExxonMobil and Greenergy, the industry reiterated that pressures on supply were being caused by "temporary spikes in customer demand - not a national shortage of <a href="https://www.editorji.com/story/gst-meet-the-fuel-agenda-will-your-petrol-prices-becoming-cheaper-1631856126332" target="_blank">fuel</a>".

Petrol price hikes are back after a 2-month break as global crude prices have seen a big rally. Petrol prices were hiked by 20 paise across the nation on Tuesday.

Petrol price hikes are back! Global crude prices hit 3 year high

Petrol price hikes are back! Global crude prices hit 3 year high and Goldman says this is just the start of the rally

Global crude prices begin to rally adding pressure to the domestic prices after a 2-month break.&nbsp;

Petrol price hikes are back after a 2-month break as global crude prices have seen a big rally. Petrol prices were hiked by 20 paise across the nation on Tuesday, the first hike since July 15. Diesel prices saw a hat-trick of hikes with an increase of 25 paise&nbsp;from the fuel retailers.&nbsp; The pressure comes from an international rally in crude prices. Brent, the price closest to India's crude import prices&nbsp;closed at the highest in nearly three years. Oil is rallying as&nbsp;stockpiles&nbsp;globally are falling sharply ahead of winter and OPEC+ only slowly adding barrels back to the market
Also Watch:&nbsp;<a href="https://www.editorji.com/business-news/ej-explains-why-is-britain-out-of-gas-1632798068072" target="_blank">EJ Explains| Why is Britain out of gas?</a> Brace yourself for higher <a href="https://www.editorji.com/story/petrol-price-hike-petrol-surges-close-to-100-in-delhi-1625372817877" target="_blank">petrol prices</a> as&nbsp;Goldman Sachs predicts that Brent could hit $90 by year-end as the market is in a bigger deficit than many realize.&nbsp;

Its Amazon vs Flipkart as the e-commerce giant battle off for the biggest sale days of the year. Move aside 'pehle aap' it's now 'pehle mein' as both tech giants gear up

Amazon vs Flipkart: The great sale face-off, gear up for great big discounts

Amazon vs Flipkart: The great sale face-off, gear up for great big discounts as

Amazon vs Flipkart:&nbsp;Flipkart likely to have 4.2 lakh&nbsp;sellers on its platform, while Amazon has said the event will see over 8.5 lakh sellers participate in the Diwali&nbsp;sale.&nbsp;

Its Amazon vs Flipkart&nbsp;as the e-commerce giant battle off for the biggest sale days of the year. Move aside 'pehle&nbsp;aap' it's now 'pehle&nbsp;mein' as both tech giants gear up for clash, as they match up dates of launching their biggest sale of the year.&nbsp;
<h3>Block your calendar for the biggest sale&nbsp;</h3>
<ul>
<li>Amazon advanced it's Great Indian Festival sale to the same as rival <a href="https://www.editorji.com/story/iphone-12-gets-12-900-price-cut-in-flipkart-smartphone-carnival-1630591929478" target="_blank">Flipkart&nbsp;</a>to kickstart on October 3.</li>
<li>Flipkart&nbsp;over the weekend made the first move to&nbsp;reschedule its own Big Billion Days sale from October 7 to October 3 to counter Amazon which had initially announced the kick off on October 4.</li>
<li>Flipkart will be running its Big Billion Days sale for eight days, instead of six, with the sale closing on October 10 .</li>
<li><a href="https://www.editorji.com/story/amazon-bribe-charge-govt-to-probe-allegations-as-e-commerce-giant-starts-internal-investigation-1632216923943" target="_blank">Amazon</a> has not announced when the sale period will end.&nbsp;</li>
</ul>
Also Read:&nbsp;<a href="https://www.editorji.com/tech-news/flipkart-big-billion-days-amazon-great-indian-festival-sales-now-both-begin-october-3-1632748021636" target="_blank">Flipkart Big Billion Days, Amazon Great Indian Festival Sales now both begin October 3</a> &nbsp;
<h3>Money matters at the great big sale bazaar</h3>
<ul>
<li>Reports indicate that e-commerce firms will clock sales worth $4.8 billion in the first week of festive sales, that is a 30% jump from the $3.7 billion sales registered last year</li>
</ul>

Brace yourself for power cuts and growth outlook cuts as China and India both face rising demand and falling coal supplies, which could lead to a potential supply shock. There is a looming shortage of coal in India as&nbsp;stockpiles hit a 4-year low and China has ordered slowing of coal based energy production based to meet carbon reduction goals.&nbsp;Inventory of the black gold in India has fallen to the lowest since November 2017, data from the Central Electricity Authority showed. The India isn&rsquo;t alone in facing a fuel crisis. Buyers from the U.K to China are grappling with energy shortages as a rebound in demand outpaces supply.&nbsp; A revival in industrial activity as the threat of covid recedes has added demand pressure on already fragile supply system.&nbsp;China is facing power issues on two fronts. Some provinces have ordered industrial cuts in order to meet emissions&nbsp;goals, while others are facing an actual lack of electricity as sky-high coal and natural gas costs cause generators to slow output amid high demand.The shortage of power in China could lead to a economic shock as it would push prices of China made/exported goods more costly to world importers. Brokerages from Goldman to Nomura have stated to cut GDP&nbsp;targets for China sighting a potential power crisis.&nbsp;

China to India: Power cut crisis looms due to coal shortage

China to India: Power cut crisis looms due to coal shortage and green bets. Find out why you could be facing a cold winter with power cuts

Power Cut Alert| India's coal inventory hits 4 year old 

Factories in the world&rsquo;s biggest exporter are forced to conserve energy by curbing production.

Brace yourself for power cuts and growth outlook cuts as China and India both face rising demand and falling coal supplies, which could lead to a potential supply shock. There is a looming shortage of coal in India as&nbsp;stockpiles hit a 4-year low and China has ordered slowing of coal based energy production based to meet carbon reduction goals.&nbsp; Inventory of the black gold in India has fallen to the lowest since November 2017, data from the Central Electricity Authority showed. The India isn&rsquo;t alone in facing a fuel crisis. Buyers from the U.K to China are grappling with energy shortages as a rebound in demand outpaces supply.&nbsp; A revival in industrial activity as the threat of covid recedes has added demand pressure on already fragile supply system.&nbsp; China is facing power issues on two fronts. Some provinces have ordered industrial cuts in order to meet emissions&nbsp;goals, while others are facing an actual lack of electricity as sky-high coal and natural gas costs cause generators to slow output amid high demand. The shortage of power in China could lead to a economic shock as it would push prices of China made/exported goods more costly to world importers. Brokerages from Goldman to Nomura have stated to cut GDP&nbsp;targets for China sighting a potential power crisis.&nbsp;

Mukesh&nbsp;Ambani&nbsp;backed Reliance seems to be setting its eyes on investing in mobile content app Glance InMobi as per reports. Bloomberg&nbsp;reports Reliance may invest upto&nbsp;$300 million for a stake in the company.&nbsp;Who is&nbsp;Glance InMobi?
Glance InMobi pushes curated news and entertainment content onto phone lock screens and also runs a short-video app. The platform leverages&nbsp;AI to personalise content&nbsp;in several Indian languages on the lock screen of Android smartphones. The startup&nbsp;turned unicorn in December 2020 when it got funding of $145 million&nbsp;from Google and existing investor Mithril Capital.What would Reliance gain?Glance claims to have more than&nbsp;115 million daily active users&nbsp;who spend an average of&nbsp;25 minutes&nbsp;on the platform per day. The reported deal would give Reliance access to valuable lock-screen real estate on the affordable mobile phones especially valuable ahead of the JioNext&nbsp;launch in collaboration with Google this festive season.&nbsp;

Reliance sets sights on buying stake in Glance InMobi: Reports

Locked Screen real estate at play as Reliance sets sights on buying stake in Glance InMobi

Reliance sets sights on buying Glance InMobi: Reports

The platform leverages AI to personalise content in several Indian languages on the lock screen of Android smartphones

Mukesh&nbsp;Ambani&nbsp;backed Reliance seems to be setting its eyes on investing in mobile content app Glance InMobi as per reports. Bloomberg&nbsp;reports Reliance may invest upto&nbsp;$300 million for a stake in the company.&nbsp; Who is&nbsp;Glance InMobi?
Glance InMobi pushes curated news and entertainment content onto phone lock screens and also runs a short-video app. The platform leverages&nbsp;AI to personalise content&nbsp;in several Indian languages on the lock screen of Android smartphones. The startup&nbsp;turned unicorn in December 2020 when it got funding of $145 million&nbsp;from Google and existing investor Mithril Capital. What would Reliance gain? Glance claims to have more than&nbsp;115 million daily active users&nbsp;who spend an average of&nbsp;25 minutes&nbsp;on the platform per day. The reported deal would give Reliance access to valuable lock-screen real estate on the affordable mobile phones especially valuable ahead of the JioNext&nbsp;launch in collaboration with Google this festive season.&nbsp;

It is called a 'fat finger trade', a politically incorrect phrase for when someone erroneously punches in a wrong trade order. That is the tale of crypto&nbsp;exchange&nbsp;Bitfinex, that reportedly paid&nbsp;paid $23.7 million in transaction fees to deposit $100,000 on the blockchain.The aim was to move $100,000&nbsp;in Tether&nbsp;to the decentralized exchange DeversiFi&nbsp;by&nbsp;Bitfinex. Any transaction done on the Ethereum system pays miners gas fees, in exchange for incorporating their trades onto the digital ledger. In this transaction, it seems erroneously the trader punched in the gas fees as worth $24,000,000.&nbsp;DeversiFi&nbsp;tweeted about the transaction and said they are looking into it as reassured customers that no customer funds on were at risk and operations are unaffected.

Pricey error: 24 million dollars in fees for a 100 million dollar deposit

'Fat Finger Trade': This crypto exchange paid 24 million dollars in fees for a 100 million dollar deposit

Crypto&nbsp;exchange Bitfinex appears to have made a &lsquo;fat-finger&rsquo; crypto trade leading to high gas fees.&nbsp;

It is called a 'fat finger trade', a politically incorrect phrase for when someone erroneously punches in a wrong trade order. That is the tale of crypto&nbsp;exchange&nbsp;Bitfinex, that reportedly paid $23.7 million in transaction fees to deposit $100,000 on the blockchain. The aim was to move $100,000&nbsp;in Tether&nbsp;to the decentralized exchange DeversiFi&nbsp;by&nbsp;Bitfinex. Any transaction done on the Ethereum system pays miners gas fees, in exchange for incorporating their trades onto the digital ledger. In this transaction, it seems erroneously the trader punched in the gas fees as worth $24,000,000.&nbsp; DeversiFi&nbsp;tweeted about the transaction and said they are looking into it as reassured customers that no customer funds on were at risk and operations are unaffected.

Facebook owned Instagram is putting a hold on the development of Instagram kids after meeting&nbsp; pushback.
Facebook, in March had announced the development of Instagram for kids for children under 13, saying that it was &ldquo;exploring a parent-controlled experience&rdquo;.
The Wall Street Journal had reported that Facebook was aware the use of Instagram by some teenage girls led to mental health issues and anxiety.
A group of 44 attorney generals wrote to Facebook CEO Mark Zuckerberg, urging him to abandon the project, citing the well being of children.
Adam Mosseri, the head of Instagram, wrote in a blog post on Monday that a delay will give the company time to &lsquo;work with parents, experts, policymakers and regulators, to listen to their concerns, and to demonstrate the value and importance of this project for younger teens&rsquo;.
Instagram&nbsp;said the decision was taken to address concerns about the vulnerability of younger users.

Facebook puts Instagram for kids on hold after pushback

Facebook owned Instagram is putting a hold on the development of Instagram kids after meeting  pushback.

//Instagram is putting a hold on the development of Instagram kids
//Facebook&nbsp;had announced development of&nbsp;Insta&nbsp;for kids for children under 13
//WSJ: Facebook&nbsp;aware use of Insta&nbsp;by teens led to&nbsp;mental health issues
//Attorney generals urged to abandon the project, citing children's well being
//Instagram:&nbsp;decision taken to address concerns about vulnerability of users
//Insta&nbsp;said will work with parents, experts, policymakers and regulators

Facebook, in March had announced the development of Instagram for kids for children under 13, saying that it was &ldquo;exploring a parent-controlled experience&rdquo;.

Facebook owned Instagram is putting a hold on the development of Instagram kids after meeting&nbsp; pushback.
Facebook, in March had announced the development of Instagram for kids for children under 13, saying that it was &ldquo;exploring a parent-controlled experience&rdquo;.
The Wall Street Journal had reported that Facebook was aware the use of Instagram by some teenage girls led to mental health issues and anxiety.
A group of 44 attorney generals wrote to Facebook CEO Mark Zuckerberg, urging him to abandon the project, citing the well being of children.
Adam Mosseri, the head of Instagram, wrote in a blog post on Monday that a delay will give the company time to &lsquo;work with parents, experts, policymakers and regulators, to listen to their concerns, and to demonstrate the value and importance of this project for younger teens&rsquo;.
Instagram&nbsp;said the decision was taken to address concerns about the vulnerability of younger users.

E-commerce major Amazon has been termed as "East India Company 2.0" by the RSS-linked weekly, Panchjanya, which has also alleged that the firm has paid crores of rupees in bribes for favourable government policies.
In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon.
"Whatever the East India Company did in the 18th century to capture India, the same is visible in the activities of Amazon," the article titled "East India Company 2.0" reads.
Claiming that Amazon wants to establish its monopoly in the Indian market, it says, "For doing so, it has started taking initiatives for seizing the economic, political and personal freedom of the Indian citizens." Hitting out at Amazon's video platform, Prime Video, the article says it has been releasing movies and television series that are against the Indian culture.
It also alleges that Amazon has established many proxy entities and "there are reports that it has distributed crores in bribes for policies in its favour".
Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India (CCI).
There have been reports that the US e-commerce giant is investigating alleged bribes paid by its legal representatives in India and it spent a staggering Rs 8,546 crore or USD 1.2 billion in legal expenses for maintaining a presence in the country during 2018-20.
The main opposition party, Congress, has demanded a Supreme Court-monitored probe into the alleged bribery case involving Amazon.
Earlier, RSS-affiliate Swadeshi Jagaran Manch had also demanded action against e-commerce players like Amazon for circumventing laws detrimental to the interests of traders and indulging in unethical business practices.

RSS-linked weekly terms Amazon as ‘East India Company 2.0’

RSS targets Amazon| Weekly journal attacks Amazon, calls tech giant East India 2.0

RSS targets Amazon| Weekly journal attacks Amazon on practices

E-commerce major Amazon has been termed as "East India Company 2.0" by the RSS-linked weekly, Panchjanya, which has also alleged that the firm has paid crores of rupees in bribes for favourable government policies.
In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon.
"Whatever the East India Company did in the 18th century to capture India, the same is visible in the activities of Amazon," the article titled "East India Company 2.0" reads.
Claiming that Amazon wants to establish its monopoly in the Indian market, it says, "For doing so, it has started taking initiatives for seizing the economic, political and personal freedom of the Indian citizens." Hitting out at Amazon's video platform, Prime Video, the article says it has been releasing movies and television series that are against the Indian culture.
It also alleges that Amazon has established many proxy entities and "there are reports that it has distributed crores in bribes for policies in its favour".
Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India (CCI).

In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon

E-commerce major Amazon has been termed as "East India Company 2.0" by the RSS-linked weekly, Panchjanya, which has also alleged that the firm has paid crores of rupees in bribes for favourable government policies.
In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon.
"Whatever the East India Company did in the 18th century to capture India, the same is visible in the activities of Amazon," the article titled "East India Company 2.0" reads.
Claiming that Amazon wants to establish its monopoly in the Indian market, it says, "For doing so, it has started taking initiatives for seizing the economic, political and personal freedom of the Indian citizens." Hitting out at Amazon's video platform, Prime Video, the article says it has been releasing movies and television series that are against the Indian culture.
It also alleges that Amazon has established many proxy entities and "there are reports that it has distributed crores in bribes for policies in its favour".
Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India (CCI).
There have been reports that the US e-commerce giant is investigating alleged bribes paid by its legal representatives in India and it spent a staggering Rs 8,546 crore or USD 1.2 billion in legal expenses for maintaining a presence in the country during 2018-20.
The main opposition party, Congress, has demanded a Supreme Court-monitored probe into the alleged bribery case involving Amazon.
Earlier, RSS-affiliate Swadeshi Jagaran Manch had also demanded action against e-commerce players like Amazon for circumventing laws detrimental to the interests of traders and indulging in unethical business practices.

In a tweet that has taken fans by surprise, rapper Snoop Dogg has assumed responsibility for being the mysterious celebrity entity behind the popular Twitter account on non-fungible tokens (NFTs) called CozmoMedici.
Snoop Dogg, whose real name is Cordozar Calvin Broadus Junior, is no stranger to NFTs having launched a few of his own in the past. 
The Twitter account also ran a poll earlier, inviting people to guess who runs it. Of the four options, Matt Bellamy of British rock band Muse got the most votes. The other three options were Elon Musk, Jason Derulo and Keyboard Monkey. There was even some mention of George Clooney &mdash; but no reference to Snoop Dogg was ever made.
The owner of CozmoMedici also has an account on top NFT platform OpenSea as well. This account has about 100 NFTs and some of these are priced at over a million dollars. 
Snoop Dogg teamed up with singer Lionel Richie and Boy George, moving into the world of non-fungible tokens in March 2021, to produce work for cryptocurrency exchange Crypto.com's new NFT marketplace.
Non-fungible tokens, or NFTs, are a special class of&nbsp;digital assets&nbsp;that cannot be exchanged with one another for equal value, or broken down into smaller bits. They often operate as a type of collectors' item and cannot be duplicated.

Rapper Snoop Dogg claims he's the NFT influencer CozmoMedici

Rapper Snoop Dogg claims he's the #NFT booster behind the CozmoMedici crypto influencer handle

(show tweet by snoop dogg handle)
(show snoop dogg&nbsp;visuals)
// Super: Snoop Dogg is apparently behind NFT&nbsp;handle&nbsp;CozmoMedici
In a tweet that has taken fans by surprise, rapper Snoop Dogg has assumed responsibility for being the mysterious celebrity entity behind the popular Twitter account on non-fungible tokens (NFTs) called CozmoMedici.
(show poll by&nbsp;CozmoMedici&nbsp;handle)
The Twitter account also ran a poll earlier, inviting people to guess who runs it.
(split screen Belamy / Musk / Derulo)
Of the four options, Matt Bellamy of British rock band Muse got the most votes. The other three options were Elon Musk, Jason Derulo and Keyboard Monkey.
(snoop dogg&nbsp;visuals)
// Super: Rapper Snoop Dogg&nbsp;started dabbling in NFTs&nbsp;from March 2021
Snoop Dogg, whose real name is Cordozar Calvin Broadus Junior, is no stranger to NFTs having launched a few of his own in the past.
(show snoop dogg&nbsp;with lionel richie and boy george&nbsp;together or split screen)
// Super: Snoop Dogg&nbsp;produces work for&nbsp;Crypto.com's&nbsp;NFT marketplace
Snoop Dogg teamed up with singer Lionel Richie and Boy George, moving into the world of non-fungible tokens in March 2021, to produce work for cryptocurrency exchange Crypto.com's new NFT marketplace.

Snoop Dogg, whose real name is Cordozar Calvin Broadus Junior, is no stranger to NFTs having launched a few of his own in the past.

In a tweet that has taken fans by surprise, rapper Snoop Dogg has assumed responsibility for being the mysterious celebrity entity behind the popular Twitter account on non-fungible tokens (NFTs) called CozmoMedici.
Snoop Dogg, whose real name is Cordozar Calvin Broadus Junior, is no stranger to NFTs having launched a few of his own in the past.
The Twitter account also ran a poll earlier, inviting people to guess who runs it. Of the four options, Matt Bellamy of British rock band Muse got the most votes. The other three options were Elon Musk, Jason Derulo and Keyboard Monkey. There was even some mention of George Clooney &mdash; but no reference to Snoop Dogg was ever made.
The owner of CozmoMedici also has an account on top NFT platform OpenSea as well. This account has about 100 NFTs and some of these are priced at over a million dollars.
Snoop Dogg teamed up with singer Lionel Richie and Boy George, moving into the world of non-fungible tokens in March 2021, to produce work for cryptocurrency exchange Crypto.com's new NFT marketplace.
Non-fungible tokens, or NFTs, are a special class of&nbsp;digital assets&nbsp;that cannot be exchanged with one another for equal value, or broken down into smaller bits. They often operate as a type of collectors' item and cannot be duplicated.

Veteran Investor Raamdeo&nbsp;Agrawal&nbsp;says keep it simple, stay invested and that investment mantra will give you the steady return you need. Betting big on the bull run the Chairman and Co-Founder of Motilal Oswal&nbsp;Financial Services expects to see the Sensex above the 2,00,000 mark in 2 years.&nbsp;Not ruling out the possibility of 15% correction or pullback, a candid and clear Raamdeo&nbsp;reminds investors that they will only be losing out on the secular bull run if they try and time the market. Even the holy trinity can not time the market, says Raamdeo&nbsp;in an exclusive chat on Biz Buzz.&nbsp;On the critical question of where to invest, Raamdeo&nbsp;suggests a good mix of assets but advises to stay away from gold except if you want to gift it. Admitting that crypto is a fast growing rage but something he is not investing his mind or time to, he reiterates how there are better bets in the market especially with the Digital Rush.&nbsp;

How to make the most of this bull run, Here are Raamdeo Agrawal's market bets for you

Move over 60,000 the aim is Sensex&nbsp;at 2,00,000. Ace investor Raamdeo&nbsp;Agrawal&nbsp;shares his view on how to make most of this bull run.&nbsp;

Sensex and Nifty have more than doubled from the lows of March 2020

Sensex&nbsp;at 60,000 but where from here! Veteran Investor Raamdeo&nbsp;Agrawal&nbsp;says keep it simple, stay invested and that investment mantra will give you the steady return you need. Betting big on the bull run the Chairman and Co-Founder of Motilal Oswal&nbsp;Financial Services expects to see the Sensex above the 2,00,000 mark in 2 years.&nbsp; Not ruling out the possibility of 15% correction or pullback, a candid and clear Raamdeo&nbsp;reminds investors that they will only be losing out on the secular bull run if they try and time the market. Even the holy trinity can not time the market, says Raamdeo&nbsp;in an exclusive chat on Biz Buzz.&nbsp;
Also watch:&nbsp;<a href="https://www.edtr.ai/a5cy" target="_blank">How to pick a winner IPO, you don't want to miss the advice from Raamdeo Agrawal</a> On the critical question of where to invest, Raamdeo&nbsp;suggests a good mix of assets but advises to stay away from gold except if you want to gift it. Admitting that crypto is a fast growing rage but something he is not investing his mind or time to, he reiterates how there are better bets in the market especially with the Digital Rush.&nbsp;

The government said on Thursday that the deadline for filing Income Tax returns has been extended till December 31.Usually due by the end of July, due to coronavirus&nbsp;pandemic&nbsp;the date was extended last time in May till September 30.
The Finance Ministry said in a statement that&nbsp;Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22.&nbsp;The postponement&nbsp; is based on consideration of difficulties reported by the taxpayers and other stakeholders in filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22.&nbsp;
&nbsp;&nbsp;
"On consideration of difficulties reported by the taxpayers and other stakeholders in filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income-tax Act, 1961(the &ldquo;Act&rdquo;), Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22," the Finance Ministry said in a statement.

Deadline to file Income Tax returns extended to December 31

The government said on Thursday that the deadline for filing Income Tax returns has been extended till December 31.

The government said on Thursday that the deadline for filing Income Tax returns has been extended till December 31. Usually due by the end of July, due to coronavirus&nbsp;pandemic&nbsp;the date was extended last time in May till September 30.
Also Read <a href="https://www.editorji.com/story/paratha-gst-the-major-tax-difference-with-rotis-and-why-1631184029948" target="_blank">Paratha GST: The major tax difference with rotis and why</a>
The Finance Ministry said in a statement that&nbsp;Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22.&nbsp;
The postponement&nbsp; is based on consideration of difficulties reported by the taxpayers and other stakeholders in filing of <a href="https://www.editorji.com/story/infosys-given-a-strict-deadline-of-september-15-by-fm-to-fix-tax-portal-glitches-1629778344606" target="_blank">Income Tax Returns</a> and various reports of audit for the Assessment Year 2021-22.&nbsp;
&nbsp;"On consideration of difficulties reported by the taxpayers and other stakeholders in filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income-tax Act, 1961(the &ldquo;Act&rdquo;), Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22," the Finance Ministry said in a statement.

From Beeple to Big B, the concept of unique non-replaceable digital tokens is the hottest new way of buying and selling things in the digital realm.

Top NFT fashion marketplaces to buy digital clothes for Metaverse avatars

Would you pay tens of thousands&nbsp;of bucks&nbsp;to buy clothes that you could&nbsp;never wear in real life?

Explained | Inside the world of fashion NFTs & where to buy them

NFTs are the hottest new way of buying &amp; selling things online
D&amp;G auctioning NFTs&nbsp;of 9 digital &amp; physical couture pieces
Digital-only brands are the true leaders of the&nbsp;NFT&nbsp;fashion world
RTFKT&nbsp;has sold fashion goods worth over $4.5 million
<h3>FULL-SCREEN TEXT:&nbsp; NFT&nbsp;fashion marketplaces to upgrade your Metaverse&nbsp;look</h3>
DressX&nbsp;sells designer digital clothes as both AR &amp;&nbsp;NFT&nbsp;pieces
Metajuku&nbsp;is&nbsp;a virtual shopping district located in&nbsp;a digital Metaverse
A virtual&nbsp;mall with&nbsp;stores&nbsp;by digital brands and 3D designers
The Dematerialised is a web3 marketplace for verified fashion assets
Products built on LUKSO&nbsp;and designed by popular digital brands

Digital-only fashion brands with no&nbsp;physical presence are the real leaders of the wearable&nbsp;NFT market.

Would you pay tens of thousands&nbsp;of bucks&nbsp;to buy clothes that you could&nbsp;never wear in real life?&nbsp;&nbsp;
Well, you might not,&nbsp;but there are plenty who will and are paying big bucks for digital-only garments and accessories.&nbsp;This&nbsp;is&nbsp;the&nbsp;world of wearable non-fungible tokens or NFTs.
SEE MORE <a href="https://www.editorji.com/story/from-tesla-s-technoking-to-the-twitter-boss-what-s-the-buzz-about-nfts-1615894471885">What's the buzz about NFTs?</a>
From&nbsp;Beeple&nbsp;to <a href="https://www.editorji.com/story/amitabh-bachchan-launches-nft-collection-first-indian-actor-to-do-so-1630413596548">Big B</a>, the concept of&nbsp;unique non-replaceable digital tokens is the hottest new&nbsp;way of buying and selling things in the digital realm.&nbsp;
No strangers to sales, fashion brands and designers are&nbsp;jumping&nbsp;in to&nbsp;cash in on the wave.&nbsp;
Italian fashion label Gucci auctioned off its first NFT, a fashion film, for $20,000&nbsp;earlier this year.&nbsp;British fashion house Burberry created a character capsule&nbsp;of NFTs in partnership with Mythical Games&nbsp;that was sold for&nbsp; $400,000 as in-game purchases to&nbsp;Blankos&nbsp;Block Party players.
SEE MORE&nbsp;<a href="https://www.editorji.com/story/nft-luxe-you-can-buy-gucci-s-new-sneakers-for-870-but-you-can-t-wear-them-1616067392668">You can buy Gucci's new sneakers for ₹870 but you can't wear them</a>
Now, Italian luxury brand Dolce &amp; Gabbana&nbsp;is blending the digital with the physical for a high-fashion NFT drop.&nbsp;With&nbsp;nine NFTs, D&amp;G is auctioning&nbsp;a couture collection that&nbsp;features&nbsp;digital versions&nbsp;of real garments&nbsp;for your&nbsp;Metaverse&nbsp;wardrobe as well as five physical pieces that you can wear IRL.&nbsp;The auction will&nbsp;be run&nbsp;on&nbsp;UNXD.com,&nbsp;which&nbsp;calls itself a&nbsp;curated marketplace for digital&nbsp;culture.
But these luxury brands are far from the only crypto fashion sellers. In fact,&nbsp;new age digital-only fashion brands with basically no&nbsp;physical presence are the real leaders of this market.&nbsp;One such brand&nbsp;RTFKT has sold digital goods worth over $4.5 million and&nbsp;recently raised&nbsp;$8 million in funding.
If you&rsquo;re&nbsp;looking for some fashionable swag for&nbsp;your&nbsp;digital avatar, here are some digital&nbsp;fashion marketplaces!
DressX
With the tagline &lsquo;don&rsquo;t shop less, shop digital,&rsquo;&nbsp;DressX&nbsp;retails digital clothes designed&nbsp;in-house and&nbsp;by&nbsp;various&nbsp;brands.&nbsp;DressX&nbsp;has now partnered with crypto.com to add limited-edition drops or NFT items to its offering as well.
Metajuku&nbsp;
Inspired by Tokyo&rsquo;s Harajuku,&nbsp;Metajuku&nbsp;is a virtual shopping district located in&nbsp;a digital Metaverse called&nbsp;Decentraland. It's basically a virtual mall with&nbsp;stores&nbsp;from well-known digital brands and 3D designers. And get this,&nbsp;DressX&nbsp;is&nbsp;also a&nbsp;virtual&nbsp;tenant&nbsp;in&nbsp;Metajuku!&nbsp;
The Dematerialised
The Dematerialised is a Web3 marketplace for authenticated fashion assets.&nbsp;Items on the platform are built on the LUKSO blockchain and so far, they have launched pieces by&nbsp;hot digital brands like&nbsp;ARTFKT,&nbsp;The Fabricant and Tribute among others.&nbsp;&nbsp;
All in all, these marketplaces are just the tip of the NFT iceberg&nbsp;with new shops cropping up every day.&nbsp;
So, will this collectors craving boom or die away? Only time can tell.
SEE MORE&nbsp;<a href="https://www.editorji.com/story/adding-to-the-blockchain-buzz-wazirx-launches-india-s-first-digital-nft-platform-1622542682882">WazirX launches India's first digital NFT platform</a>

A survey's findings illustrate that workers are still trying to get accustomed to remote working. Many are losing jobs due to blunders during virtual meetings.

New survey finds that employees have lost jobs due to blunders during virtual meetings

After surveying 200 managers of large companies, it has been noted that nearly 1 in 4 of them have fired an employee due to zoom call slip ups.

WFH woes: Zoom call gaffes can cost you your jobs!

A new survey has established that&nbsp;nearly 1 in 4 executives have fired an employee for slipping up during a video or audio conference.

While employees are still getting used to the remote work environment and virtual communication, a new survey has found that nearly 1 in 4 executives have fired an employee for slipping up during a video or audio conference.
The survey, commissioned by Vyopta Inc, which helps companies monitor and analyse performance and provide workspace insights, surveyed around 200 managers of large companies. The survey found that managers don't completely trust a third of their staff to perform efficiently when working remotely, due to all the slip ups during video calls. Also watch:&nbsp;<a href="https://www.editorji.com/story/after-effects-of-covid-19-symptoms-can-persist-a-year-post-recovery-1630553878472">After effects of Covid-19: Symptoms can persist a year post recovery</a>
The virtual meeting blunders include joining a call late, having a bad internet connection, accidentally sharing sensitive information, and of course, not knowing when to mute oneself. The survey adds that such mistakes have hurt businesses by losing potential sales or clients. These findings illustrate that workers are still trying to get accustomed to remote working.
According to the video teleconferencing company Zoom, daily participants in the software surged from 10 million a day at the end of 2019 to 300 million in April 2020. However, due to escalating competition from other companies and the reopening of many schools and offices, investors are predicting that the days of Zoom's robust growth are over. Also watch:&nbsp;<a href="https://www.editorji.com/story/music-helped-people-get-through-the-pandemic-stress-study-1630323919853">Music helped people get through the pandemic stress: Study</a>

Ola Electric has begun accepting bookings for its upcoming electric scooter for a token amount of Rs. 499. Interested customers can log on to the company website and book the vehicle, which the launch is scheduled within a few weeks from now. The Ola electric scooter is likely to have a range of about 100-150 km and get features like a removable Lithium-ion battery, digital instrument console, cloud connectivity, alloy wheels, telescopic suspension. The Ola electric scooter will be built at the company&rsquo;s mega factory in Tamil Nadu and sales are expected to begin right around the festive season. The upcoming Ola scooter will take on the TVS iQube, Ather 450X and the Bajaj Chetak in the segment.

Ola Electric Begins Taking Online Bookings For Its Scooter

&ldquo;Sad to leave Kerala, I have been kicked out,&rdquo; Kitex chairman Sabu

“Sad to leave Kerala, I have been kicked out,” Kitex chairman Sabu“Sad to leave Kerala, I have been kicked out,” Kitex chairman Sabu

Cryptocurrency

China&rsquo;s central bank said all cryptocurrency-related transactions are illegal and must be banned.&nbsp;&nbsp;People&rsquo;s Bank of China in a statement on it's website announced that all crypto-related transactions, including services provided by offshore exchanges to domestic residents, are illicit financial activities.Pinning onto the climate change concerns China's economic planning agency said it plans to root out crypto mining and the crackdown is important to meet carbon goals.In May, Beijing said it will shut down cryptocurrency-mining activities because they consume massive amounts of electricity, often from coal-fired power plants, while the country pledged to manage its carbon emissions.

China cracks down on crypto: Bans all crypto related activities 

China cracks down on crypto: Bans all crypto related activities.&nbsp;

China cracks down on crypto

<ul>
<li>China central bank:&nbsp;all cryptocurrency-related transactions are illegal</li>
<li>China bans all&nbsp;cryptocurrency-related transactions</li>
<li>PBOC: All crypto&nbsp;financial activities deemed&nbsp;illicit</li>
<li>China: crackdown on crypto&nbsp;mining essential to meet carbon goals</li>
<li>Over 46% of crypto&nbsp;mining occurs in China</li>
</ul>

PBOC: All crypto currencies, including bitcoin and tether, are not fiat currency and cannot be circulated on the market

China&rsquo;s central bank said all cryptocurrency-related transactions are illegal and must be banned.&nbsp;&nbsp;People&rsquo;s Bank of China in a statement on it's website announced that all crypto-related transactions, including services provided by offshore exchanges to domestic residents, are illicit financial activities. Pinning onto the climate change concerns China's economic planning agency said it plans to root out crypto mining and the crackdown is important to meet carbon goals. In May, Beijing said it will shut down cryptocurrency-mining activities because they consume massive amounts of electricity, often from coal-fired power plants, while the country pledged to manage its carbon emissions.

Crypto Corner: List of the top five affordable and probably promising cryptos based on market cap.

Crypto Corner: Missed Bitcoin, no worries here are 5 affordable cryptos you can invest in

Missed the 63,000% rally in Bitcoin&nbsp;and now it's unaffordable! Worry not #EJBiz&nbsp;brings you a list of 5 affordable crypto bets that you can still ride the crypto&nbsp;rally with. Don't miss these multi-baggers.&nbsp;

5 affordable crypto currency bets

Bitcoin in the last decade soared from being $1 to $63,000 as cryptocurrency&nbsp;gained global acceptance.

The next big thing, the multi-bagger from equity to cryptos&nbsp;that's always the holy grail the investors are looking for. The meteoric rise over the last 10 years for Bitcoin&nbsp;from under $1 to the highs of $63,000 per token has left investors not only dizzy and also with a lot of FOMO&nbsp;with those who missed the bus.&nbsp; The Bitcoin&nbsp;rally also sent a clear message not to underestimate a 'affordable' or 'cheap' digital asset. So at nearly $50,000 if <a href="https://www.editorji.com/story/bitcoin-bounces-back-with-dogecoin-ethereum-as-elon-musk-jack-dorsey-come-to-the-rescue-1626921065308" target="_blank">Bitcoin&nbsp;</a>if unaffordable how do you make the most the new investment bet in the financial world.&nbsp; #EJBiz has curated a list of the top five affordable and probably promising&nbsp;cryptos&nbsp;based on their market cap. Take a look:
 1. Cardano:&nbsp;The digital token has gathered a lot of attention of late as it recently became the third-largest cryptocurrency. While writing, the cryptocurrency&nbsp;was trading at a price of a burger, $2.5. The price has rallied almost 1,400% this year.
Why you must consider&nbsp;Cardano?&nbsp;The crypto is a&nbsp;proof-of-stake&nbsp;blockchain project that aims to allow changemakers, innovators and visionaries to bring about positive global change. A proof-of-stake system functions as a cryptographic proof of ownership and proof of vested interest in the project&rsquo;s ongoing success.&nbsp;Ethereum&nbsp;is a high-profile example of a project that is currently in the process of migrating&nbsp;towards proof-of-stake blockchain.&nbsp;Cardano is one of the biggest blockchains to successfully use a proof-of-stake consensus mechanism, which is less energy-intensive than the proof-of-work algorithm relied upon by Bitcoin.
Also Read:&nbsp;<a href="https://www.editorji.com/story/cryptocurrency-explained-bitcoin-to-blockchain-10-words-you-need-to-know-1623841223834" target="_blank">Cryptocurrency Explained: Bitcoin to blockchain, 10 words you need to know</a>
2. Polygon:&nbsp;Developed by Indian origin Sandeep&nbsp;Nailwal, Polygon which was earlier named MATIC&nbsp;gained a lot of popularity when its founder came in limelight as he launched a crypto&nbsp;relief fund to support India's reeling condition during the second wave of Covid-19. The crypto coin is valued at a price of $1.5. The price skyrocketed from a mere $0.03 at the beginning of the year to touch a record $2.4.
Polygon is&nbsp;Ethereum's&nbsp;internet of blockchains that focuses on resolving problems around the usage of the Ethereum which is seeing a staggering demand due to its&nbsp;decentralized finance technology.
3. VeChain:&nbsp;VeChain or VET is priced at $0.12, up from $0.01 in January this year.&nbsp;VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem that solves some of the major problems with supply chain management.&nbsp;The idea is to boost the efficiency, traceability and transparency of supply chains while reducing costs and placing more control in the hands of individual users.
4. Tron:&nbsp;The crypto project is aiming to build a platform&nbsp;where content creators can connect with their audiences directly. From $0.02, its coin TRX&nbsp;jumped to as much as $0.16 this year. Tron's&nbsp;crypto project could make content less expensive and will give a boost to the content creation economy as its platform eliminates the need for a centralised body that charges huge&nbsp;commissions.&nbsp;Given how the entertainment sector is increasingly becoming digitized, TRON could have a headstart in applying blockchain technology to this industry.
5. Tether:&nbsp;You must have heard big investors hedging their risks. Well, Tether does the same in the crypto markets.&nbsp;USDT&nbsp;or Tether is a stable coin that mirrors the price of the U.S. dollar.&nbsp;The token&rsquo;s peg to the USD is achieved via maintaining a sum of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills in reserves that is equal in USD value to the number of USDT in circulation. Tether is a second-layer <a href="https://www.editorji.com/story/crypto-corner-bitcoin-reclaims-50-000-first-time-in-3-months-1629689209014" target="_blank">cryptocurrency </a>token built on top of Bitcoin&rsquo;s blockchain. While the crypto market is highly volatile where we can see a move of 10-20% in a day, USDT is a safe haven as it is protected from these fluctuations. The price of USDT has always been around $1.
Also Read:&nbsp;<a href="https://www.editorji.com/story/crypto-bulls-are-back-ethereum-outperforms-bitcoin-know-more-about-the-big-crypto-comeback-1628484182703" target="_blank">Crypto bulls are back: Ethereum outperforms Bitcoin, know more about the big crypto comeback</a>

India&rsquo;s largest bank State Bank of India (SBI) has&nbsp;reportedly stopped UPI services for the crypto&nbsp;platform. It has directed crypto exchanges to disable its UPI through payment processors.
The move comes months after the Reserve bank of India issued a clarification&nbsp;to banks asking them not to block crypto exchanges.
WazirX, the country's largest crypto&nbsp;exchange platform, took a hit as it received numerous user complaints as they were not able to deposit funds.
Leading Indian banks had earlier, HDFC, Axis, YES, ICICI and Kotak Mahindra, stopped their services to cryptocurrency exchanges following a circular by&nbsp;the RBI. However,&nbsp;later, when the matter went to the Supreme Court,&nbsp;the apex court stated that the matter of blocking cryptocurrencies does not fall under the purview of the central bank,&nbsp;thus, reversing the order.

SBI halts UPI to crypto, WaxirZ feels the pain

WazirX&nbsp;services hit hard as SBI&nbsp;blocks UPI services for crypto&nbsp;platforms

India&rsquo;s largest bank State Bank of India (SBI) has&nbsp;reportedly stopped UPI services for the crypto&nbsp;platform. It has directed crypto exchanges to disable its UPI through payment processors, this move comes without any prompts from the central banker RBI.&nbsp;
The direct hit came to&nbsp;WazirX, the country's largest crypto&nbsp;exchange platform, as it received numerous user complaints as they were not able to deposit funds.
The fear the traders have is that other banks may follow suit.&nbsp;Significantly, the domestic umbrella body National Payments Corporation of India (NPCI), which developed UPI, has refused to block fund movements for cryptocurrency trades.
ET reported that&nbsp;WazirX chief executive Nischal Shetty said they were in talks with SBI.&nbsp;&nbsp;&ldquo;We&rsquo;re trying to discuss and put forward our points to SBI. WazirX follows KYC (know your customer) norms and AML (anti-money laundering) policies. Being the largest crypto exchange in India, millions of Indians are currently affected due to this move by SBI.&rdquo;
&nbsp;

SBI&nbsp;halts its UPI service for the crypto&nbsp;platforms

India&rsquo;s largest bank State Bank of India (SBI) has&nbsp;reportedly stopped UPI services for the crypto&nbsp;platform. It has directed crypto exchanges to disable its UPI through payment processors, this move comes without any prompts from the central banker RBI.&nbsp;
The direct hit came to&nbsp;WazirX, the country's largest crypto&nbsp;exchange platform, as it received numerous user complaints as they were not able to deposit funds. The fear the traders have is that other banks may follow suit.&nbsp;Significantly, the domestic umbrella body National Payments Corporation of India (NPCI), which developed UPI, has refused to block fund movements for cryptocurrency trades.
ET reported that&nbsp;WazirX chief executive Nischal Shetty said they were in talks with SBI.&nbsp;&nbsp;&ldquo;We&rsquo;re trying to discuss and put forward our points to SBI. WazirX follows KYC (know your customer) norms and AML (anti-money laundering) policies. Being the largest crypto exchange in India, millions of Indians are currently affected due to this move by SBI.&rdquo;
&nbsp;

Kim Kardashian&nbsp;gets the U.K. financial regulator warning against promoting&nbsp;a speculative crypto&nbsp;token.
Consumers risk being lured into the &ldquo;cryptobubble with delusions of quick riches&rdquo; by high-profile influencers such as Kim Kardashian, the U.K.&rsquo;s Financial Conduct Authority (FCA) warned in a speech on Monday.
Charles Randell, Chair of the&nbsp;Financial Conduct Authority, called for regulators to be given greater powers to protect consumers and said if people buy speculative crypto tokens they should be prepared to lose all their money.
The FCA also called on online platforms like&nbsp;Facebook,&nbsp;Microsoft,&nbsp;Twitter and TikTok to join Google by committing to stop promoting advertisements for financial products, unless an FCA authorized firm has cleared them.
FCA has published a list of unregistered crypto exchanges that it suspects are operating in the U.K., to help consumers avoid using them.&nbsp;Last month, the regulator&nbsp;cracked down&nbsp;on one cryptocurrency trading firm after it failed to provide sufficient information about its business.

Kim Kardashian's warned by U.K finance regulator for crypto promotion, strict regulation coming?

UK finance regulator is not a fan of Kim Kardashian, warns realty TV star after crypto&nbsp;promotion on Instagram.&nbsp;

'Cryptobubble': Kim Kardashian's crypto promotion receives U.K. financial regulator warning

Consumers risk being lured into the &ldquo;cryptobubble", said, the U.K. FCA

Kim Kardashian&nbsp;is getting attention from corners she is not used to. The&nbsp;U.K. financial regulator has warned the popular reality TV star against promoting&nbsp;a speculative crypto&nbsp;token.
Consumers risk being lured into the &ldquo;cryptobubble with delusions of quick riches&rdquo; by high-profile influencers such as Kim Kardashian, the U.K.&rsquo;s Financial Conduct Authority (FCA) warned in a speech.&nbsp; The FCA chairman said Ms Kardashian's Instagram post, which he noted had been correctly flagged as an ad, may have been the "financial promotion with the single biggest audience reach in history". Kim Kardashian&nbsp;has over 250 million followers on the social platform Instagram.&nbsp;
Charles Randell, Chair of the&nbsp;Financial Conduct Authority, called for regulators to be given greater powers to protect consumers and said if people buy speculative crypto tokens they should be prepared to lose all their money.
The FCA also called on online platforms like&nbsp;Facebook,&nbsp;Microsoft,&nbsp;Twitter, and TikTok to join Google by committing to stop promoting advertisements for financial products, unless an FCA authorized firm has cleared them.

"Floki has arrived," dogefather&nbsp;Elon&nbsp;Musk tweeted a while back and another 'speculative' crypto&nbsp;game has kicked off.
It all began when in June-end Musk&nbsp;tweeted that the name of his Shiba&nbsp;Inu&nbsp;would be 'Floki'. It led to multiple Floki-themes coins emerging in the crypto&nbsp;market.
Floki&nbsp;Inu, which is ranked the highest among all the Musk-inspired&nbsp;Floki&nbsp;tokens, more than doubled after Musk's tweet.&nbsp;
Also watch/read:&nbsp;5 affordable cryptos you can invest in
Another crypto, Shiba&nbsp;Floki, which has also seen zero volumes on a lot of days lately, is up nine times in the past 24 hours. It has also seen a trading volume of around a million dollars in the same time frame.
Both the Floki-themed coins are hyper-deflationary coins that reward the holders for every transaction that takes place on the network. Shiba&nbsp;Floki&nbsp;owners get a 5% commission and as a result more Shiba&nbsp;Floki&nbsp;coins get added to the holder's wallet. The same is the case with Floki&nbsp;Inu.
Also watch/read:&nbsp;10&nbsp;crypto&nbsp;market words you need to know
Not only the cryptos, but there is also a growing demand for the Japanese Shiba&nbsp;Inu&nbsp;breed of dogs because of Musk and Dogecoin.

'Floki has arrived': The new crypto game Elon Musk is playing?

Its a new pet project for Elon Musk, literally !&nbsp;Elon&nbsp;Musk-inspired Floki&nbsp;coins are the new bets crypto&nbsp;investors are playing as coins surge as much as 9 times in just 24 hours.

Floki coins are here!

Floki-themed coins started emerging when Elon&nbsp;Musk tweeted for the first time about it in June.

"Floki has arrived," dogefather&nbsp;Elon&nbsp;Musk tweeted a while back and another 'speculative' crypto&nbsp;game has kicked off.
It all began when in June-end Musk&nbsp;tweeted that the name of his Shiba&nbsp;Inu&nbsp;would be 'Floki'. It led to multiple Floki-themes coins emerging in the crypto&nbsp;market.
Floki&nbsp;Inu, which is ranked the highest among all the Musk-inspired&nbsp;Floki&nbsp;tokens, more than doubled after Musk's tweet.&nbsp;
Also watch/read:&nbsp;<a href="https://www.editorji.com/story/crypto-corner-missed-bitcoin-no-worries-here-are-5-affordable-cryptos-you-can-invest-in-1630483003299" target="_blank">5 affordable cryptos you can invest in</a>
Another crypto, Shiba&nbsp;Floki, which has also seen zero volumes on a lot of days lately, is up nine times in the past 24 hours. It has also seen a trading volume of around a million dollars in the same time frame.
Both the Floki-themed coins are hyper-deflationary coins that reward the holders for every transaction that takes place on the network. Shiba&nbsp;Floki&nbsp;owners get a 5% commission and as a result more Shiba&nbsp;Floki&nbsp;coins get added to the holder's wallet. The same is the case with Floki&nbsp;Inu.
Also watch/read:&nbsp;<a href="https://www.editorji.com/story/cryptocurrency-explained-bitcoin-to-blockchain-10-words-you-need-to-know-1623841223834" target="_blank">10&nbsp;crypto&nbsp;market words you need to know</a>
Not only the cryptos, but there is also a growing demand for the Japanese Shiba&nbsp;Inu&nbsp;breed of dogs because of Musk and Dogecoin.

Google play store has banned eight crypto-related apps for misleading users by making fake claims.

Crypto Crackdown: Google bans 8 fake crypto apps; here is the list 

Google has banned 8 fake crypto mining&nbsp;apps&nbsp;from its app store as they promised services that didn't even exist. Check out the list here!

Don't fall prey to these fake crypto apps

Users were lured as these apps&nbsp;promised to make them rich.

Google play store has banned eight crypto-related apps&nbsp;for misleading users by making fake claims.
These apps&nbsp;lured users as they were promised to be rich through their cloud mining services. Users were charged anywhere between $14.99 to $18.99 as fees for the services that didn't even&nbsp;really exist.
As the <a href="https://www.editorji.com/story/indian-ranks-10th-in-un-s-global-cyber-security-index-1625038136331" target="_blank">cyber security</a> firm Trend Micro pointed out, these apps&nbsp;were also&nbsp;tricking the users into watching ads and subscribing to enhanced&nbsp;mining capacity plans.&nbsp;
These apps&nbsp;were nothing more than a scam as not even a single one of those had any <a href="https://www.editorji.com/story/crypto-craze-picture-of-a-rock-sells-for-1-300-000-meet-the-millionaire-nft-etherrock-1629775095231" target="_blank">crypto </a>mining operations.
Following is the list of these apps:
<ol>
<li>
&nbsp;BitFunds &ndash; Crypto Cloud Mining
</li>
<li>
Bitcoin Miner &ndash; Cloud Mining
</li>
<li>
Bitcoin (BTC) &ndash; Pool Mining Cloud Wallet
</li>
<li>
Crypto Holic &ndash; Bitcoin Cloud Mining
</li>
<li>
Daily Bitcoin Rewards &ndash; Cloud Based Mining System
</li>
<li>
Bitcoin 2021
</li>
<li>
MineBit Pro - Crypto Cloud Mining &amp; btc miner
</li>
<li>
Ethereum (ETH) - Pool Mining Cloud
</li>
</ol>
Also Watch:&nbsp;<a href="https://www.editorji.com/story/crypto-corner-paypal-launches-its-cryptocurrency-service-in-the-uk-1629699686416" target="_blank">Crypto Corner: PayPal launches its cryptocurrency service in the UK</a>

Pink Tax is not a tax but an extra amount charged on products and services designed for women.

Pink Tax: The extra price charged on products and services designed for women

Pink Tax is not a tax but an extra amount charged on products and services designed for women. This is the reason why everyday products like razors and shampoos for women cost more than those designed for men.&nbsp;&nbsp;

Pink Tax: The extra price you pay for being a woman!

Did you know that some personal care products and services for women cost more than those for men? If not, then have we got some news for you! Commonly referred to as Pink Tax, it is an extra amount charged on products designed for and targeted specifically towards women even when its equivalent for men costs much less. This concept of gender-based pricing is now so deeply entrenched in the system, that it often gets overlooked by the majority of consumers.&nbsp;
Packaged in hues of pink and purple, &ldquo;female&rdquo; products cannot be hard to miss on the shelves of your regular grocery store. Fragrances like "Sweet Pea" and "Cherry Blossom" combined with glittery packaging often make us turn a blind eye towards the "rugged" blue-black packaging of products marketed towards men. But, is it truly worth the extra cost you end up paying for a dash of colour or a spritz&nbsp;of&nbsp;perfume?
Something as small as a razor aimed towards women&nbsp;costs more than the ones available for men. While a pack of 5 Gillette razors for men costs approximately Rs 88, a similar pack of 4 Gillete razors for women costs around Rs 280. The concept of 'invisible tax' also applies to personal care services which lead to an increase in the cost for women. A salon would charge more for women&rsquo;s haircuts or massages than it would for a similar service for men. &nbsp;
After a series of protests and rallies, in 2018 the Indian Government did away with the 12 percent GST on sanitary products. This is not considered as pink tax but it was nonetheless a huge amount of tax being levied on a product of necessity. Sadly, the prices of sanitary products continue to remain pretty high irrespective of the tax slash.
According to the study, Cradle to Cane: The Cost of Being a Female Consumer by The New York City Department of Consumer Affairs, on average, &ldquo;personal care products cost 13 percent more for women than men.&rdquo;
As per recent research carried out in Mumbai by the World Bank, there is also an &ldquo;implicit surcharge&rdquo; or pink tax on &ldquo;women&rsquo;s mobility.&rdquo; The research found that over the years the mobility pattern has undergone a huge change. While men have shifted to two or four-wheelers, women continue to use low-quality modes of transport like rickshaws and taxis which deem to be more expensive.
Why should women be made to pay extra? In a research by the Joint Economic Committee: US Congress in 2016, it was highlighted that one of the major explanations for levying pink tax is the difference in cost of production. For instance, some products that require a specific colour or scent will have a higher cost of manufacture, leading to a spike in product pricing.
Why is there a need to do away with pink tax? As predicted by the World Economic Forum, the existing gender pay gap will take around 136 years to close. From the film industry to farm labour, women in every sector are paid way less than their male counterparts. Hence, charging extra for everyday products will only make life more difficult for women.
What can you do to avoid this extra cost? The first step is to keep yourself informed about the prices as it will help in making an informed choice. The second step is to understand that whether a razor is blue or pink in colour, both will do the same task of hair removal. And if you don&rsquo;t like using products with a musky fragrance, you can always opt for gender-neutral options.
The concept of pink tax is quite unfair and steps are being taken to get rid of this invisible cost.&nbsp;Scotland emerged as the first country to make tampons and pads free for everyone. Also, the famous supermarket brand Tesco in the UK has slashed the prices of razors for women. But these are only baby steps as we still have a long way to go to arrive at a more gender-equal market.
&nbsp;

Personal Finance

Home loan rates cut by Kotak&nbsp;Mahindra&nbsp;bank just ahead of the festive season to a decade low of 6.5%. The bank has reduced rates by 15 bps and the new rate is effective from September 10.&nbsp;Kotak&nbsp;was already offering the lowest home loan rates amongst peers where the range for loans upto&nbsp;Rs 50 lakh&nbsp;ranged from&nbsp;6.66%-7.05%.&nbsp;&nbsp;Private bank peers HDFC&nbsp;Bank and ICICI&nbsp;bank currently offer home loan rates at 6.75% in the same bracket.&nbsp;
Banks are facing stiff competition from housing finance companies that are offering rates as low as PSU&nbsp;leader SBI&nbsp;at 6.66%.&nbsp;

Home loan rate cut, Kotak Mahindra Bank cuts rates to lowest in 10 years

Cheap Home Loan| Bank cuts rate to lowest in 10 years

Kotak Mahindra&nbsp;Bank will offer home loans at 6.50 percent per annum starting September 10.

Home loan rates cut by Kotak&nbsp;Mahindra&nbsp;bank just ahead of the festive season to a decade low of 6.5%. The bank has reduced rates by 15 bps and the new rate is effective from September 10.&nbsp; Kotak&nbsp;was already offering the lowest home loan rates amongst peers where the range for loans upto&nbsp;Rs 50 lakh&nbsp;ranged from&nbsp;6.66%-7.05%.&nbsp;&nbsp;Private bank peers HDFC&nbsp;Bank and ICICI&nbsp;bank currently offer home loan rates at 6.75% in the same bracket.&nbsp;
Banks are facing stiff competition from housing finance companies that are offering rates as low as PSU&nbsp;leader SBI&nbsp;at 6.66%.&nbsp;

PF Rule: According to the CBDT, All existing employees provident fund (EPF) accounts will be divided into taxable and non-taxable contribution accounts. 

Provident Fund (PF) account to be split into two; taxable and non-taxable 

Big Change in you PF account , your Provident Fund account to be split into two; taxable and non-taxable

Big Change in you PF account 

Finance Ministry notifies rules for calculating taxable interest in PF account.&nbsp;

You would soon have two provident fund accounts as per the regulations notified by the central government on Thursday. The PF account would be&nbsp;split into two separate accounts in order to levy the new&nbsp;tax on PF income&nbsp;arising out of employee contributions exceeding Rs 2.5 lakh a year. All existing employees provident fund (EPF) accounts will be divided into taxable and non-taxable contribution accounts.&nbsp; This move does not affect small and medium taxpayers as the Rs 2.5 lakh limit covers around 93 per cent of the people who are <a href="https://www.editorji.com/story/epfo-allows-to-withdraw-non-refundable-advance-in-case-of-job-loss-1624193637656" target="_blank">EPFO </a>subscribers and they will continue to get assured tax-free interest.
Also Read:&nbsp;<a href="https://www.editorji.com/story/your-pf-could-get-blocked-if-you-do-not-follow-this-rule-as-the-deadline-approaches-1628572701992" target="_blank">Your PF could get blocked if you do not follow this rule before September 1, here is what you need to do</a>

India Post will now offer home loans to customers as well, the payment bank arm has tied up with&nbsp;LIC Housing Finance to provide home loan products.India Post has over 4.5 crore customers over 650 branches and over 136,000 banking access points. The Postal system&nbsp;aims to make LIC Housing Finance's home loan products accessible to its customer's pan-India.LIC Housing Finance home loan starts from 6.66 per cent for loans up to Rs 50 lakh for salaried individuals. The age of the borrower at the entry of the loan can be up to 65 years and the loan tenure is till the attainment of 80 years of age or maximum up to 30 years, whichever is earlier.&nbsp;

India Post to give out home loans, partners with LIC Housing Finance

Your post office can soon give you a under 7% home loan. Find out how.&nbsp;

India Post Home Loan

LIC Housing Finance Ltd offers home loans starting from 6.66 per cent for loans up to Rs 50 lakh for salaried individuals

India Post will now offer home loans to customers as well, the payment bank arm has tied up with&nbsp;LIC Housing Finance to provide home loan products. India Post has over 4.5 crore customers over 650 branches and over 136,000 banking access points. The Postal system&nbsp;aims to make LIC Housing Finance's home loan products accessible to its customer's pan-India. LIC Housing Finance home loan starts from 6.66 per cent for loans up to Rs 50 lakh for salaried individuals. The age of the borrower at the entry of the loan can be up to 65 years and the loan tenure is till the attainment of 80 years of age or maximum up to 30 years, whichever is earlier.&nbsp;

A surge of redemption saw equity mutual fund inflows dip by 50% in June, the silver lining is that&nbsp; it was the fifth straight month of positive net equity inflow in June. Here are the details of fund flows-:&nbsp;The equity inflow slowdown

Equity funds got an inflow of Rs 5,988 crore in June 2021, down from Rs 10,082 crore in May.
Equity-linked saving funds see out flow of Rs 791 cr , Value funds lost Rs 114 crore&nbsp;in June&nbsp;

Where is the money moving?

Bond funds saw net inflows of Rs 3,566 crore in June 2021 against outflows of Rs 44,512 crore in May
Mid cap funds got the highest inflows of Rs 1,729 crore&nbsp;(ex-redemptions)
Floater fund and low duration fund got net inflows of Rs 6,318 crore and Rs 6,273 crore, respectively.
Gold funds got net inflows of Rs 359 crore in June compared to Rs 287 crore in May&nbsp;


Redemptions lead to a 50% drop in equity inflows for mutual funds in June, Where is the money moving?

Redemption&nbsp;lead to a 50% drop in equity inflows for mutual funds in June, Where is the money moving?

Mutual fund watch 

Equity mutual fund inflows dip by 50% in June; debt MFs recover.

A surge of redemption saw equity mutual fund inflows dip by 50% in June, the silver lining is that June the fifth straight month of positive net equity inflows. Here are the details of fund flows and where the money is moving-: &nbsp; The equity inflow slowdown
<ul>
<li>Equity funds got an inflow of Rs 5,988 crore in June 2021, down from Rs 10,082 crore in May.</li>
<li>Equity-linked saving funds see out flow of Rs 791 cr , Value funds lost Rs 114 crore&nbsp;in June&nbsp;</li>
</ul>
Where is the money moving?
<ul>
<li>Bond funds saw net inflows of Rs 3,566 crore in June 2021 against outflows of Rs 44,512 crore in May</li>
<li>Mid cap funds got the highest inflows of Rs 1,729 crore&nbsp;(ex-redemptions)</li>
<li>Floater fund and low duration fund got net inflows of Rs 6,318 crore and Rs 6,273 crore, respectively.</li>
<li>Gold funds got net inflows of Rs 359 crore in June compared to Rs 287 crore in May &nbsp;</li>
</ul>

Income Tax Returns (ITR) will need to be filed by senior citizens over the age of 75 this year as per the notification by the Ministry of Finance.&nbsp;
The relaxation from the budget in tax filing for those above the age of 75&nbsp;will come into effect only from FY 2021-22, i.e., for ITRs to be filed next year. So this year&nbsp; senior citizens who are above the age of 75 years have to still do their&nbsp;ITR filing. Currently, the last date for filing ITR for FY 2020-21 is September 30, 2021.
If a senior citizen misses the ITR filing deadline for FY 2020-21, then he/she will be liable to pay a late filing fee of Rs 5,000 if the the income exceeds Rs 5 lakh.&nbsp;
&nbsp;

ITR Filing alert: Senior citizens over 75 still need to file tax returns this year

ITR&nbsp;filing alert! Senior citizens do not have relaxation in filing this year, follow this deadline or pay Rs 5000 fine.&nbsp;

Income Tax Return Filing Alert

Tax return filing&nbsp;relaxation will come into effect only from FY 2021-22 for senior citizens above the age of 75.&nbsp;

Income Tax Returns (ITR) will need to be filed by senior citizens over the age of 75 this year as per the notification by the Ministry of Finance.&nbsp;
The relaxation from the budget in tax filing for those above the age of 75&nbsp;will come into effect only from FY 2021-22, i.e., for ITRs to be filed next year. So this year&nbsp; senior citizens who are above the age of 75 years have to still do their&nbsp;ITR filing. Currently, the last date for filing ITR for FY 2020-21 is September 30, 2021.
If a senior citizen misses the ITR filing deadline for FY 2020-21, then he/she will be liable to pay a late filing fee of Rs 5,000 if the the income exceeds Rs 5 lakh.&nbsp;
&nbsp;

Govt may tighten presumptive taxation norms to bump up revenue 

With a tough revenue position ahead of it, the government&nbsp;may reportedly consider&nbsp;a tighter presumptive taxation scheme.&nbsp;
The direct tax panel has projected a revenue gain of close to Rs 10,000 crore if such a measure is implemented and some deductions are removed .
The presumptive taxation scheme allows businesses having a turnover of less than Rs 2 crore&nbsp;a year,&nbsp; to estimate their tax liability.&nbsp;
&nbsp;

Markets at record high with Sensex&nbsp;at 60,000 and Nifty eyeing 18,000. The Sensex&nbsp;has rallied from 50,000 to 60,000 in under one year.&nbsp;Retail investors laughing the way to the bank are the risk-on betters that invested in the pandemic lows. From drop to 25,638 in March 2020 to the highs of 60,000 on September 24, the Sensex's ride has been dizzying to the top.&nbsp;The major factors at play is the lack of presence of any big negative overhangs. The fed taper talk worries have diminished, China pushing in liquidity to avert the Evergrande&nbsp;crisis and the robust vaccination drive keeping covid&nbsp;under control has all fuelled the bull run on Dalal&nbsp;Street.&nbsp;

Sensex at 60,000: Bulls cheer on Dalal Street, Nifty eyes 18,000

Sensex&nbsp;at 60,000! Time to retire or will the retail rally continue? The party on Dalal&nbsp;Street seems to just be starting

Sensex at 60,000!

It took less than a year for Sensex to rise from 50,000 to 60,000

Markets at record high with Sensex&nbsp;at 60,000 and Nifty eyeing 18,000. The Sensex&nbsp;has rallied from 50,000 to 60,000 in under one year.&nbsp; Retail investors laughing the way to the bank are the risk-on betters that invested in the pandemic lows. From drop to 25,638 in March 2020 to the highs of 60,000 on September 24, the Sensex's ride has been dizzying to the top.&nbsp; The major factors at play is the lack of presence of any big negative overhangs. The fed taper talk worries have diminished, China pushing in liquidity to avert the Evergrande&nbsp;crisis and the robust vaccination drive keeping covid&nbsp;under control has all fuelled the bull run on Dalal&nbsp;Street.&nbsp;

Markets

The latest AMFI data suggests investors are favoring equities with SIP contributions soaring to an all time high and even&nbsp;folios under retail schemes rose to a peak of Rs 8.95 crore.&nbsp;New fund offers (NFOs) continued to attract big money from retail investors and mobilised Rs 23,668 crore in AugustThere also seems to be 2-3 trends emerging out of the recent mutual fund investments by investors. The small-cap category has shown outflows while money seems to be moving into hybrid or balanced funds.&nbsp;The balanced advantage category continued saw net inflow worth Rs 16,570.97 crore last month and&nbsp;Flexi cap funds saw inflows of Rs 4,741 crore, followed by focused funds.Investors also invested Rs.6,863 Crore in equity oriented NFOs&nbsp;while the overall flows into New Fund Offers (NFOs) stood at Rs 23,668 cr.The overall Assets Under Management of MFs touched a new high of ₹36.59-lakh crore last month.&nbsp;

Sensex at 60,000: Retail investors party hard as SIP investments top $1 billion

SIP Contribution (` Cr) April 2021 ​​8596 May 8819 June​ 9156 July 9609 Aug ​9923 New Fund Offers (NFOs) - June: `358 cr - July: `13,709 cr - Aug: `23,668 cr

The overall Assets Under Management of MFs touched a new high of Rs 36.59-lakh crore last month.&nbsp;

Sensex&nbsp;has soared to 60,000 and it is the retail investors that are hosting the party on Dalal&nbsp;Street. The retail rush into the market is evident with&nbsp;SIP contributions soaring to an all time high nearing Rs 10,000 cr and even&nbsp;folios under retail schemes rose to a peak of Rs 8.95 crore.&nbsp;New fund offers (NFOs) continued to attract big money from retail investors and mobilised Rs 23,668 crore in August
Investors also poured in&nbsp;Rs.6,863 Crore in equity oriented NFOs&nbsp;. The overall Assets Under Management of MFs touched a new high of ₹36.59-lakh crore last month.&nbsp; There also seems to be 2-3 trends emerging out of the recent mutual fund investments by investors. The small-cap category has shown outflows while money seems to be moving into hybrid or balanced funds.&nbsp;The balanced advantage category continued saw net inflow worth Rs 16,570.97 crore last month and&nbsp;Flexi cap funds saw inflows of Rs 4,741 crore, followed by focused funds.

Oyo&nbsp;is all set for its IPO very soon as it prepares to file the draft prospectus by next week.
ALSO READ:&nbsp;Freshworks mega debut on Nasdaq
As per reports, the budget hospitality chain is planning to peg its initial offering at around $1 billion or Rs 7,500 crore.&nbsp;The issue will include fresh issue of shares and some offer for sale from its existing investors.
The IPO papers are ready, and bankers are waiting for final approval from the company before filing it with the Securities and Exchange Board of India, ET reported quoting sources. Most probably, the DRHP will be filed before September 30, the report added.
Microsoft recently invested $5 million in the hotel firm, giving Oyo a valuation of nearly $9.6 billion.
Oyo, which is also backed by investors such as Airbnb and Grab, operates in 35 countries, with India, Europe, and Southeast Asia being its key markets.

Oyo IPO to check-in into Dalal Street soon; DRHP for billion dollar issue likely next week

Oyo IPO&nbsp;to check-in into&nbsp;Dalal Street soon; DRHP for billion dollar issue likely next week

Oyo all set to launch its IPO very soon

Microsoft recently invested $5 million in the hotel firm

Oyo&nbsp;IPO&nbsp;is all set to hit the markets as it prepares to file the draft prospectus (DRHP) as early as week.As per reports, the budget hospitality chain is planning to peg its initial offering at around $1 billion or Rs 7,500 crore.&nbsp;The issue will include fresh issue of shares and some offer for sale from its existing investors. ALSO READ:&nbsp;Freshworks mega debut on Nasdaq
The IPO papers are ready, and bankers are waiting for final approval from the company before filing it with the Securities and Exchange Board of India, ET reported quoting sources.&nbsp;
Microsoft recently invested $5 million in the hotel firm, giving Oyo a valuation of nearly $9.6 billion.&nbsp;The startup, in which SoftBank owns a 46% stake and is one of its biggest bets, has endured months of layoffs, cost-cuts and losses during the global health crisis.
&nbsp;

Here are the top 3 winners in the riches to rags list for the year from the Mainland

Riches to 'Rags': Meet the top 5 Chinese billionaires who have lost $10 billion this year

Riches to 'Rags': Meet the top 3 Chinese billionaires who have lost $60 billion this year

Riches to 'Rags': Meet the top 3 Chinese billionaires who has bleeding

Billionaires in the Mainland&nbsp;lost over $100 billion in just the first 9 months of this year.

China's crackdown has bled the billionaires in the Mainland with a total loss of over $100 billion in just the first 9 months of this year. China has clamped down on industries across the board, from e-commerce,&nbsp;auto, tech to education and it's showing up as a sea of red on the Bloomberg's&nbsp;Billionaire Index. Of the 10 billionaires with the biggest net worth declines this year, six are from China.
Here are the top 3 'winners' in the riches to 'rags' list for the year from the Mainland
1. Meet&nbsp;Colin Huang, he has lost over $27,000,000,000 this year. That is equal to the entire marketcap&nbsp;of India's largest auto maker Maruti. Colin Huang is the founder of Pinduoduo, the fastest growing big e-commerce operator in China.
As the Chinese government takes on a hard stance on tech and peers like Alibaba,&nbsp;Huang faced the worst ever drop in the Billionaire's Index.&nbsp;But even with the crash&nbsp;the e-commerce&nbsp;king in China is still worth&nbsp;$35.5 bn and ranked the 38th richest man on the planet.&nbsp;
2. Bottled water billionaire&nbsp;Zhong Shanshan&nbsp;also is facing a falling bank account. Even with $16 billion loss in wealth&nbsp;this year,&nbsp;Zhong&nbsp;remains the richest man in China with global rank of 19 and total fortune of over $64 billion dollars. That's enought to buy 11 lakh kilos of gold!&nbsp;
3. Hui Ka Yan&nbsp;chairman and largest shareholder of China Evergrande Group has made global news as the real estate major sparked fears of defaulting on&nbsp;$300 billion worth of debt. Losing 68% of his wealth which amounts to a $ 15.8 billion drop as of September 19, many expect the hit to continue.&nbsp;Yan&nbsp;currently worth $7 billion has faced a drop of $33 billion from his peak wealth in 2017.
As per bloomberg&nbsp;the eccentric billionaire fines staff $3,281 for not answering his call after three rings.

Freshworks&nbsp;debut was filled with fireworks on Nasdaq, the&nbsp;Software as a service (SaaS) company was valued at $12.2 billion i&nbsp;after shares opened 21% above the initial offering price.&nbsp;Freshworks&nbsp;becomes the first Indian 'SaaS' company and the first unicorn to list on the exchange.&nbsp;I feel like an Indian athlete who has won the gold medal at the Olympics," said Freshworks cofounder Girish Mathrubootham during the iconic bell ringing ceremony at Nasdaq.&nbsp;Founded in 2010 by Mathrubootham and Shan Krishnasamy as Freshdesk, the company rebranded as Freshworks in 2017. It counts the likes of Accel, Sequoia Capital, and Tiger Global among its investors and was last valued at $3.5 billion in 2019 vs $12 billion valuation at listing.&nbsp;
An overjoyed founder Girish Mathrubootham&nbsp;said,&nbsp;"Over 500 employees in India are now crorepatis, Around 70 of them under 30 yrs Each of my employees have earned it. Wealth has to be shared with people who helped create it&hellip; it&rsquo;s not only for founders &amp; CEOs to enjoy it 76% of our employees own shares in Freshworks"PE partners Sequoia&nbsp;and Accel&nbsp;also took to social media to congratulate the decade old startup at the stellar debut.&nbsp;

Freshworks mega debut on Nasdaq; Indian SAAS startup creates 500 crorepatis in a first of a kind listing

Freshworks fiery debut on Nasdaq; Indian startup creates 500 crorepatis in a first of a kind listing

Freshworks fiery debut on Nasdaq

Freshworks&nbsp;becomes the first Indian 'SaaS' company and the first unicorn to list on the exchange.&nbsp;

Freshworks&nbsp;debut was filled with fireworks on Nasdaq,&nbsp; the&nbsp;Software as a service (SaaS) company was valued at over $12 billion after shares opened 21% above the initial offering price.&nbsp;Freshworks&nbsp;becomes the first Indian software maker&nbsp;and the first unicorn to list on the US tech exchange.&nbsp; I feel like an Indian athlete who has won the gold medal at the Olympics," said Freshworks cofounder Girish Mathrubootham during the iconic bell ringing ceremony at Nasdaq.&nbsp; Founded in 2010 by Mathrubootham and Shan Krishnasamy as Freshdesk, the company rebranded as Freshworks in 2017. It counts the likes of Accel, Sequoia Capital, and Tiger Global among its investors and was last valued at $3.5 billion in 2019 vs $12 billion valuation at listing.&nbsp;
An overjoyed founder Girish Mathrubootham&nbsp;said,&nbsp;"Over 500 employees in India are now crorepatis, Around 70 of them under 30 yrs Each of my employees have earned it. Wealth has to be shared with people who helped create it&hellip; it&rsquo;s not only for founders &amp; CEOs to enjoy it 76% of our employees own shares in Freshworks" PE partners Sequoia&nbsp;and Accel&nbsp;also took to social media to congratulate the decade old startup at the stellar debut.&nbsp;

Paras Defence IPO: Paras Defence and Space Technologies is the 42nd maiden public offer to open in 2021 and the fourth in September. 

Paras Defence IPO: Last day for subscription, offer subscribed 40.6 times

Paras Defence IPO: Last day for subscription, offer subscribed 40.6 times.&nbsp;

Paras Defence IPO: Fully subscribed within the first hour of opening

Paras Defence IPO: The defence company aims to raise&nbsp;₹170.78 crore from its initial offer allocating&nbsp;₹140.60 crore for fresh issues and&nbsp;₹30.18 crore for OFS.

Paras Defence IPO:&nbsp;Paras Defence and Space Technologies' IPO&nbsp;opened for subscription and was lapped up by investors within minutes. Brokerages have given up a big thumbs up for this IPO&nbsp;as it enjoys near monopoly in it's segment.&nbsp;
<a href="https://www.editorji.com/story/paras-defence-ipo-fully-subscribed-within-the-first-hour-of-opening-1632210334684" target="_blank">Paras Defence IPO</a> grey market premium (GMP) today is&nbsp;₹210, which is&nbsp;₹10 higher from its yesterday.&nbsp;Paras Defence and Space Technologies is the 42nd maiden public offer to open in 2021 and the fourth in September. Here are the details-:
<ul>
<li>IPO&nbsp;Dates:&nbsp;September 21 to September 23</li>
<li>Issue Price:&nbsp;Rs 165-175/share</li>
<li>Lot Size:&nbsp;85 shares&nbsp;</li>
<li>Minimum Investment:&nbsp;Rs 14,875</li>
</ul>
About the company:
Navi&nbsp;Mumbai&nbsp;based company designs, develops, manufactures and tests defence and space engineering products and solutions. It is the sole Indian supplier of critical imaging components such as large size optics and diffractive gratings for space applications in India.
Also Watch:&nbsp;<a href="https://www.editorji.com/story/indian-stock-markets-could-surpass-u-k-to-become-the-fifth-largest-in-world-goldman-sachs-1632200140421" target="_blank">Indian stock markets could surpass U.K. to become the fifth largest in world: Goldman Sachs</a>

Gautam&nbsp;Adani&nbsp;is committing $20 billion over 10 years&nbsp;towards clean energy rivalling fellow billionaire Mukesh&nbsp;Ambani's $10 billion bet over the next 4 years.&nbsp;Speaking at the JP Morgan India Investor Summit&nbsp;Gautam Adani said, "Over 75% of Adani&rsquo;s capital expenditure until 2025 is in green technologies".&nbsp;Adani Group also plans to triple its renewable power generation capacity over the next four years to 63% of its total portfolio from 21% now. By 2030, the group aims to power all data centres with renewable energy and make its ports net carbon zero by 2025.This announcement comes just 3 months after India's richest man Mukesh&nbsp;Ambani&nbsp;announced to shareholders that the Reliance Group will set up a&nbsp;renewables energy ecosystem in Jamnagar, Gujarat with a focus on affordable hydrogen production.&nbsp;Green hydrogen, used as fuel in industry and automobiles, has little or no carbon emissions.

Adani vs Ambani: The race to the green kingdom, billions start to pour in

Adani vs Ambani: The race to the green kingdom, billions pour in as India's richest aim for the clean and green crow,

Adani vs Ambani: The green revolution

Adani Group will invest $20 billion towards clean and green energy.&nbsp;

Gautam&nbsp;Adani&nbsp;is committing $20 billion over 10 years&nbsp;towards clean energy rivalling fellow billionaire Mukesh&nbsp;Ambani's $10 billion bet over the next 4 years.&nbsp; Speaking at the JP Morgan India Investor Summit&nbsp;Gautam Adani said, "Over 75% of Adani&rsquo;s capital expenditure until 2025 is in green technologies".&nbsp;Adani Group also plans to triple its renewable power generation capacity over the next four years to 63% of its total portfolio from 21% now. By 2030, the group aims to power all data centres with renewable energy and make its ports net carbon zero by 2025. This announcement comes just 3 months after India's richest man Mukesh&nbsp;Ambani&nbsp;announced to shareholders that the Reliance Group will set up a&nbsp;renewables energy ecosystem in Jamnagar, Gujarat with a focus on affordable hydrogen production.&nbsp;Green hydrogen, used as fuel in industry and automobiles, has little or no carbon emissions.

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Redemptions lead to a 50% drop in equity flows for mutual funds, Where is the money moving?

ITR Filing alert: Senior citizens over 75 still need to file tax returns this year

Govt may tighten presumptive taxation norms to bump up revenue

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Sensex at 60,000: Bulls cheer on Dalal Street, Nifty eyes 18,000

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Oyo IPO to check-in into Dalal Street soon; DRHP for billion dollar issue likely next week

Riches to 'Rags': Meet the top 3 Chinese billionaires who have lost $60 billion this year

Freshworks mega debut on Nasdaq; Indian SAAS startup creates 500 crorepatis in a first of a kind listing

Paras Defence IPO: Last day for subscription, offer subscribed 40.6 times

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