News 

Microsoft’s xCloud Streaming Service Preview Is Coming To India Very Soon

“With Project xCloud, gamers will be able to stream their Xbox games from the internet to their smartphone or tablet” writes Shomik Sen Bhattacharjee for mashable.com. This will give players access to their Game Pass library via the cloud streaming service.Combining a subscription service like Game Pass with a cloud streaming service like xCloud is precisely what we’d expected Google to do with Stadia but Google’s cloud streaming service seems to be headed towards a rocky start with a bevy of missing features from the initial launch. Source: mashable.com

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Crypto News 

Indian Parliament Will Not Consider Total Crypto Ban in Winter Session

“The Indian government will not be considering a cryptocurrency-related draft bill during the winter session of Parliament as was previously planned” writes Helen Partz for cointelegraph.com. The famous Bitcoin bull argued that India was leaving itself vulnerable to corruption by trying to ban crypto.Sohail Merchant, CEO of Indian crypto exchange Pocketbits, considered the news a temporary relief, stressing that the community now has more time to circle the wagons and protect the industry. Source: cointelegraph.com

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News 

Power Ledger Completes Peer-to-Peer Solar Energy Trading Trial in India

“Australian blockchain energy firm Power Ledger and Indian electricity distribution company BSES Rajdhani Power Limited (BRPL) have completed a peer-to-peer (P2P) solar power trading trial in the country” writes Ana Alexandre for cointelegraph.com. The project enabled residents with rooftop solar infrastructure to sell excess solar energy to neighboring households.In early October, Power Ledger revealed its plans to run another blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019.In recent months, Power Ledger has conducted other blockchain-based energy trading trials in different countries.The trial will track surplus solar energy…

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Despite Kashmir anger, China’s Xi invites India’s Modi to visit again next year

“BEIJING (Reuters) – Chinese President Xi Jinping has invited Indian Prime Minister Narendra Modi to visit China again next year after two informal summits between the men in each other’s countries, despite deep disagreement over the disputed Kashmir region” writes Midwest Communications Inc for 95kqds.com. Xi and Modi met in southern India last month, following their first informal summit in China last year as the two sought to put their often deeply strained relationship back on track.Meeting in Brazil on the sidelines of a meeting the BRICS nations – Brazil,…

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India says it plans to use hydrogen-based fuel to tackle air crisis

“The government will submit a full report on the hydrogen fuel proposal to the supreme court by early December” writes Hannah Ellis-petersen for theguardian.com. Pollution levels in the capital peaked to dangerously high levels just over a week after the city endured its longest spell of hazardous air quality since public records began.The Indian government has said it intends to use hydrogen-based fuel technology to help combat pollution, as Delhi was once again enveloped in “severe emergency” levels of smog.Hydrogen fuel, which produces only water as a byproduct, is increasingly…

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Markets News 

Realme takes chunk of India mobile market as Samsung slides

“Oppo itself is now one place behind Realme in Indian market share, but it also grew significantly to capture 11.8 percent” writes Sam Byford for theverge.com. What may worry Samsung, though, is that the Indian market appears to be consolidating, with only 12 percent accounted for by “others,” which is down from nearly 30 percent a year ago.The main loser in all of this is second-placed Samsung, which saw shipments decline 8.5 percent year on year and its market share slip from 22.6 percent to 18.9 percent.IDC notes, however, that…

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Twenty dead and millions displaced as storm hits India and Bangladesh

“Cyclone Fani was the most powerful storm to hit the area in years when it struck in May, killing 12 people” writes Agence France-presse for theguardian.com. Twenty people have died and more than two million others have spent a night huddled in storm shelters after Cyclone Bulbul hit the coasts of India and Bangladesh with fierce gales and torrential rain, officials said on Sunday. Source: theguardian.com

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News 

Funding Galore: Indian Startup Funding Of The Week [Nov 4-9]

“Overall, this week startups 16 raised around $210.65 Mn funding and two startup acquisitions took place in the Indian startup ecosystem. (This funding report is based on startups that disclosed funding amount)” writes Kritti B for inc42.com. The fintech startup is Besides Matrix Partners and Sequoia Capital, the startup also saw Greyhound Capital, 3One4 Capital, Germany’s Rocket Internet participating in the funding round.In one of the biggest funding round this week, Chennai-based software-as-a-service (SaaS) unicorn Freshworks closed a $150 Mn funding round led by tech giant Google, and its existing…

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News 

India says no to joining huge Asia Pacific trade pact

“Singh also did not say if India would consider joining the trade pact at a later date” writes Saheli Roy Choudhury for cnbc.com. Negotiations for the trade pact began in 2013 and India’s reluctance to open up its markets has been one of the major obstacles over time.India on Monday declined to join an Asia Pacific trade pact that would form a major trading bloc involving the region’s top economies and cover nearly a third of the world’s gross domestic product.The trade pact is due to be signed next year,…

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Crypto News 

India Arrests Three Involved in Potential Crypto Scam

“The scam potentially worked in three phases” writes Nick Marinoff for livebitcoinnews.com. Cryptocurrency scams just seem to be an everyday thing as of late, and the latest scam news involving digital money is arriving out of India.The situation involved an Instagram influencer persuading unsuspecting persons to invest all their money into various real-estate tokens.In addition, several crypto scams appear to be making their way into countries like Brazil. Source: livebitcoinnews.com

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