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4d
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FFGI Announces FFG Token: A New Chapter in Blockchain-Based Film Finance
- Film Finance Group International (FFGI) has announced the launch of its ERC-20 utility token, FFG Token ($FFG), which aims to revolutionize film finance using blockchain technology.
- FFG Token is an asset-backed token that provides transparency and accountability in the film funding process, replacing vague promises with verifiable payouts and investor control.
- The token is tied to real production milestones and ensures greater accountability by allocating funds based on verified deliverables.
- FFGI has also developed a blockchain accounting system for film finance and is planning to offer licensing opportunities to other studios or industries.
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Leadgrowdevelop
4d
228
Image Credit: Leadgrowdevelop
Easy Ways To Enhance Cognitive Health for Seniors
- Regular physical activity is essential for enhancing cognitive health in seniors. Encourage regular walks, yoga, or low-impact aerobic classes.
- A healthy diet with brain-boosting nutrients like omega-3 fatty acids, antioxidants, and vitamins is vital for brain health in seniors.
- Mental stimulation through puzzles, reading, and learning new skills helps maintain cognitive abilities and keeps the brain engaged.
- Fostering social connections, both in-person and through video chats, reduces isolation and keeps seniors socially engaged for better cognitive function.
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Bloomberg Quint
4d
253
Image Credit: Bloomberg Quint
'Many Gensol In Hiding': Vijay Kedia Lists 10 Red Flags For A Potential Scam
- Vijay Kedia lists 10 red flags to identify potential scams.
- Companies that talk big and overpromise, and maintain constant media presence are red flags.
- Other red flags include overuse of buzzwords, lavish promoter lifestyles, and excessive related-party transactions.
- Securities and Exchange Board of India (SEBI) bars Gensol Engineering and its executives from securities markets due to alleged diversion of funds.
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HinduBusinessLine
4d
97
Image Credit: HinduBusinessLine
Power demand forecasting could make a difference this year
- Power demand forecasting is crucial for evaluating shortfalls and ensuring grid stability.
- Coal stocks in domestic coal-based thermal plants are comfortable, improving power supply stability.
- Uncertainties can arise due to unpredictable monsoon behavior, leading to intermittent demand-supply mismatches.
- Stepping up battery and pumped storage, as well as contracting stable coal or gas-based power, is important for grid stability.
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HinduBusinessLine
4d
141
Image Credit: HinduBusinessLine
Trump’s tariff regime to contract global trade in 2025 by 0.2%-1.5% : WTO
- The reactivation of suspended reciprocal tariffs by the United States could cause a 1.5% decline in world merchandise trade in 2025.
- Global merchandise trade volume growth would reduce by 0.6% in 2025 due to reciprocal tariffs, with an additional 0.8% reduction from trade policy uncertainty.
- Indian exporters may face challenges as imports by North America are predicted to drop by 9.6%.
- The US-China trade disruption could lead to a significant trade diversion and create export opportunities for other suppliers.
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HinduBusinessLine
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300
Image Credit: HinduBusinessLine
Will Trump’s tariffs pinch the pharma sector?
- Higher tariffs on pharma products in the US may lead to increased prices and reduced demand.
- The impact on the Indian pharma industry will depend on the trade depletion and trade diversion effects.
- The low substitutability between Indian generic drugs and expensive patented drugs reduces the trade diversion effect for Indian pharma industry.
- The demand for Indian pharma exports in the US is relatively inelastic, so any tariff-led price increase is likely to be absorbed by US consumers.
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HinduBusinessLine
4d
81
Image Credit: HinduBusinessLine
India’s Telangana State looks to explore newer export markets for its rice
- Telangana State in India is exploring new export markets for its surplus rice stocks.
- The State has signed a memorandum of understanding with a Southeast Asian nation for the export of 10 lakh tonnes (1 million tonnes) of coarse rice annually.
- Coarse rice varieties such as MTU-1010 and IR-64, grown in Telangana, are in high demand in the Philippines.
- The Telangana Government aims to tap premium markets, such as the Philippines, to obtain better prices compared to the domestic market.
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Bloomberg Quint
4d
290
Image Credit: Bloomberg Quint
‘Effective Immediately’ Jaggis Not Participating In Management, Says Gensol Engineering
- Gensol Engineering Ltd. has confirmed that the Jaggis are no longer participating in the management of the company as per SEBI's instructions.
- SEBI has issued an interim order against Gensol Engineering and its promoters, barring them from holding positions and from the securities markets.
- The company denies any undisclosed events and is committed to transparency and corporate governance.
- Gensol Engineering's stock closed 4.99% lower at Rs 123.65 apiece on the BSE.
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Guardian
4d
389
Image Credit: Guardian
Italian coffee pot maker Bialetti to be sold to Chinese business NUO Capital
- Italian coffee pot maker Bialetti has agreed to sell the business to Luxembourg-registered NUO Capital, a Chinese-owned investment vehicle.
- NUO Capital will acquire 78.6% of Bialetti's shares for €53m and plans to launch a tender for the remaining shares before delisting the company from Milan's stock exchange.
- The deal is subject to regulatory approval and potential scrutiny under 'golden powers' regulations.
- Bialetti has faced challenges in recent years due to poor investments, competition from capsule coffee makers, and the impact of the Covid-19 pandemic.
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Baystreet
4d
300
Image Credit: Baystreet
USD / CAD - Canadian dollar consolidating ahead of BoC
- Analysts are divided as to a BoC rate hold or cut decision.
- Fed Chair Powell on tap this afternoon
- US opens mixed but trading with a negative bias.
- The Canadian dollar sank yesterday after weaker than expected Canadian inflation raised the odds for a rate cut of 25 bps to 2.50% at today’s meeting.
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HinduBusinessLine
4d
36
Image Credit: HinduBusinessLine
We really need a ‘cleanliness industry’
- The cleanliness industry in India is a crucial aspect that needs focus and development.
- While efforts like the Swachh Bharat Mission have addressed open defecation, overall cleanliness remains a significant challenge.
- Increasing investment in cleanliness can be seen as promoting a 'virtue good', akin to discouraging 'sin goods' like liquor.
- Investing in cleanliness not only benefits health and tourism but also directly impacts the economy by creating jobs in the cleanliness industry.
- The demand for cleanliness services leads to job creation and additional spending, maintaining output and employment levels.
- Although there may be temporary imbalances in demand and supply during the adjustment period, the cleanliness industry is relatively simple in India.
- This economic push for cleanliness does not rely on monetary stimulus, making it a non-inflationary policy.
- Expanding the cleanliness industry is feasible due to its widely acceptable cause, minimal additional charges/taxes, and manageable adjustment process.
- The focus on improving basic cleanliness can lead to higher growth in GDP and employment, presenting an opportunity for overall economic advancement.
- It is crucial to prioritize basic cleanliness and consider further expansion of industries with caution and adherence to specific criteria.
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Baystreet
4d
389
Image Credit: Baystreet
Bank of Canada Holds Rates Steady As Economic Uncertainty Worsens
- The Bank of Canada has decided to keep its overnight interest rate unchanged at 2.75% as it evaluates the impact of U.S. import tariffs on the Canadian economy.
- The decision to maintain the current interest rates is influenced by the uncertainty caused by U.S. trade policies and the upcoming national elections in Canada.
- A decrease in Canada's inflation rate and the disruptive nature of the U.S. tariff campaign were also factors contributing to the decision.
- The central bank will closely monitor the effect of tariffs on Canadian exports before making future decisions on interest rates.
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Medium
4d
403
Image Credit: Medium
AI Adventures: How to Embrace the Future Without Losing Your Mind
- AI adoption and its challenges were explored in this article.
- It is important to provide oversight and common sense when using AI tools, as demonstrated by a company's experience with a virtual assistant AI model.
- The quality of data used for training AI systems is crucial, as illustrated by a logistics company's experience with optimizing delivery routes.
- Garbage data leads to garbage results, so it is important to treat data with care and ensure its quality.
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Bloomberg Quint
4d
372
Image Credit: Bloomberg Quint
Buy, Sell Or Hold: Alkem, TVS Motor, Clean Science, Nesco, PG Electroplast — Ask Profit
- Analysts shared insights on Alkem Laboratories, TVS Motor, Clean Science and Technology, Nesco, PG Electroplast (PGEL), Ion Exchange (India), and Ola Electric Mobility.
- Alkem Laboratories (CMP: Rs 4,956.5) is not suitable for long-term investment purposes. Investors should consider more liquid stocks.
- TVS Motor (CMP: Rs 2,617.5) has consistently outperformed the index. It is recommended to hold the stock with a stop loss below Rs 2,200.
- Clean Science and Technology (CMP: Rs 1,185.15) may be retained, but short-term rewards are unlikely in the chemical business challenges.
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HinduBusinessLine
4d
159
Image Credit: HinduBusinessLine
With Gensol under the lenses of SEBI, BluSmart riders worry about loss of money in ride-hailing app wallet
- Gensol Engineering and its promoters come under SEBI's scrutiny.
- SEBI alleges misuse of over ₹200 crore sanctioned for EV procurement.
- BluSmart customers concerned about loss of money in company wallet.
- BluSmart may be winding down its ride-hailing business and partnering with Uber.
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