Gen Z ‘nihilism’ is fueling a $100 trillion crypto derivatives boom, in response to a broken system

The surge in speculation driving prediction markets and leveraged bets on various sectors isn’t reckless, it’s rational, according to CoinFund managing partner David Pakman. In a presentation during Consensus Hong Kong, Pakman reframed the behavior as “economic nihilism,” a calculated response by Gen Z to structural barriers in wealth building. His case started with housing….

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Govt proposes standards for tractor ACs, troop carrier & trailer caravan approval | India News

Road transport minister Nitin Gadkari (File photo) NEW DELHI: The road transport ministry has proposed new vehicle standards — provision of testing AC and heating system in agricultural tractors; and type approval norm for troop carriers (defence or police) and trailer caravans in India.As per the draft automotive industry standards (AIS), the norms for type…

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Oil shock to inflation risk: How Middle East war is reshaping India’s economic outlook

Rising oil prices, higher fertiliser costs and supply disruptions linked to the Iran war are beginning to cloud India’s economic outlook, with economists warning that prolonged tensions could push up inflation, slow growth and strain government finances.India, the world’s third-largest oil importer and consumer, imports about 90% of its crude oil requirements, making it among…

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