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coinswitch: ETtech Explainer: Will Coinswitch click in India’s online broking space?

Cryptocurrency exchange Coinswitch is weighing an entry into online stockbroking in India. The Bengaluru-based exchange, which counts Tiger Global and Andreessen Horowitz among its investors, is planning to apply for a stockbroker’s licence with the Securities and Exchange Board of India. Coinswitch is also in deliberations with non-banking financial companies (NBFCs) and banks on offering fixed deposits, sources told ET. ETtech tries to answer some of the questions around Coinswitch’s potential entry into the crowded…

Reddit hit by protests! Check out the ‘killer’ reason and much more | Explainer

Reddit, the popular online discussion forum is facing major protests from its users, moderators, and third-party apps. Yesterday, thousands of subreddits went private as a part of their 48 hours long protest against the company's new API pricing policy. Reddit even suffered a massive outage on Monday after so many subreddits went dark. Even now, Reddit is struggling with frustrated users as most of the popular communities are not accessible to them. But what has prompted Reddit users and moderators to take such drastic…

DNA Explainer: What is earthquake light?

Strong tremors jolted Delhi NCR as well as many parts of North India including Haryana and Punjab late Tuesday evening. Netizens reacted to feeling the jolts and shared videos of their experiences. Some users claimed to have observed a curious phenomenon unfolding where they saw changing colours of light in the sky.  Many Twitter users posted videos of seeing changing colours in the night sky asking for explanations for the strange phenomenon. Some even tagged premier US space agency NASA for…

silicon valley bank: ETtech Explainer: how rising US interest rates caused a pincer movement on Silicon Valley Bank

A slew of developments coming together, starting with the Silicon Valley Bank (SVB) Financial Group announcing steps to shore up capital after suffering losses on its securities portfolio, has sent ripples across the tech investment ecosystem, and has unnerved prominent venture capitalists. What happened at SVB has its genesis in the rising interest rates, and while the bank would have been able to bear a single shock, it was subjected to stress from two different directions. Here’s a breakdown of how events transpired at…

fame-ii scheme: ETtech Explainer: Why is government’s FAME-II scheme for EV companies likely to be pulled off?

The Indian government is considering pulling the plug on its Rs 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles (EV) in India or FAME-II scheme after the next financial year, ET reported on March 7.The subsidies, which were seen as a significant boost for the burgeoning EV sector, hit a roadblock when allegations of misusing the sops by providing misleading information and wrongfully declaring imported components as locally sourced sprang up last year.Why is the government mulling scrapping the subsidy…

stock market manipulation: ETtech Explainer: What’s behind Sebi’s crackdown on YouTube influencers for stock market manipulation

The Securities and Exchange Board of India (Sebi) on Thursday barred 45 entities, including actor Arshad Warsi and his wife Maria Goretti, from the securities market in cases related to the manipulation of share prices of two companies by uploading YouTube videos. Here’s all you need to know about such ‘pump and dump’ schemes.What is the case about?The current case pertains to Youtubers uploading misleading videos on their channels and recommending that viewers purchase shares of Sadhna Broadcast Ltd and Sharpline…

Mandalorian S3 Will Have Explainer Videos Says Jon Favreau

If you missed The Book of Boba Fett, you’re gonna need some explaining.Image: LucasfilmThe mega-hit Star Wars Disney+ series The Mandalorian returns next week and some fans might be a little confused when it does. Season two ended with Grogu leaving the Mandalorian to go train with Luke Skywalker. Season threewill begin with Grogu already back by the Mandalorian’s side. And while the connective tissue is out there and easily accessible, the show’s creators have some less than encouraging thoughts on catching everyone

Explainer: Will the El Nino factor affect India monsoon rain prospects? : The Tribune India

Tribune Web Desk Chandigarh, February 15 The La Nina phase is about to pass and with it the anomalies of cool temperatures in the Pacific waters. According to the latest forecast by NOAA, a transition from La Niña to ENSO-neutral will occur mostly during the February-April 2023 season. By February-April 2023, most models indicate the return of ENSO-neutral, with a probability of 82%. What is more concerning is the arrival of dreaded phenomenon of El Nino. Climate models are predicting potential return to El Niño by…