The massive Web3 talent pool residing in the country has led to innovation in diverse areas within the space. This includes decentralized finance (DeFi), metaverse, and non-fungible tokens (NFTs), among others, aiming to solve the most pressing issues facing our country. However, despite this impressive foundation, the sector’s growth is hindered by an outdated taxation framework. The upcoming Union Budget offers a crucial opportunity to address these challenges and unlock the full potential of Web3 for India’s economy.
Nvidia’s $589 billion DeepSeek rout is largest in market history
Nvidia’s stock plummeted 17%, wiping out $589 billion in market value, due to concerns over Chinese AI startup DeepSeek’s competitive, low-cost technology. The news spurred
January 28, 2025