Thu, Aug 27, 2020 12:24 PM
FEL's board to meet on Saturday, to discuss raising funds
An RBI article warns the government that Big Bang privatisation of public sector banks can do more harm than good. It questions the government on taking a nuanced approach on the issue. The article states that, “From a conventional perspective, privatisation is a panacea for all ills, the economic thinking has come a long way to acknowledge that a more nuanced approach is required while pursuing.”
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Yuga Labs, the team behind the popular NFT Bored Ape Yacht Club (BAYC) collection, announced that the company and the NFT ecosystem around it would only accept NFT on the ETH PoS chain. Yuga Labs stated that it wouldn't be accepting versions appearing on PoW hard fork chains. Tether, Circle, Binance, FTX or AAVE also accepted ETH PoS.
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NHPC announced on Thursday to have signed a deal with Nepal to develop a hydroelectric plant in the west of the nation years after a Chinese firm backed out. Nepal’s rivers has potential to generate nearly 42,000 megawatts of hydroelectric power. The country will offer. Its rivers to foreign players to develop its economy and export electricity to narrow the trade deficit of more than $13 billion.
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