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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
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Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
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Ethereum
What lies ahead for Altcoins: Looking at the future of diversified portfolios
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10.01 / 17:29
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Japan issues new sanctions against Russia over war
Japan has imposed several previous rounds of sanctions, and the latest step comes a month after Prime Minister Shigeru Ishiba reaffirmed the country's policy at an online G7 summit in mid-December. «It is Japan's contribution as part of the international effort toward achieving global peace and resolving the problems surrounding Ukraine because of Russian invasion,» Hayashi said.
10.01 / 17:29
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International
Donald Trump and Barack Obama were having a gala time chit-chatting at Jimmy Carter's funeral; a lip reader reveals exactly what the duo discussed
Barack Obama and President-elect Donald Trump appeared to have a cordial conversation. However, a professional lip reader told The Post that their laughter and smiles concealed more serious content, as quoted in a report by The NY Post.
10.01 / 17:29
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South Korea crisis: Amid probe, Yoon's security chief quits
Yoon Suk Yeol's security chief resigned Friday, a week after leading a team that blocked an attempt to arrest the impeached president over his short-lived imposition of martial law. Park Chong-jun offered to resign earlier in the day as he appeared for police questioning over alleged obstruction of duties last week. His offer was accepted by Acting President Choi Sang-mok. The resignation comes as the Corruption Investigation Office for High-ranking Officials, which is leading the probe into Yoon for alleged insurrection, is mulling their next move to take Yoon in custody. Vice chief of the Presidential Security Service team will serve as an acting leader, a PSS official said. It's not immediately clear if the vice chief will cooperate with the probe team's warrant execution. The vice chief has also defied multiple police summons to appear for questioning and has received a third summons to appear before investigators on Saturday, according to Yonhap News.
10.01 / 17:29
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SpaceX
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blues
After long delays, Bezos' Blue Origin to attempt space debut on Sunday
Jeff Bezos' aerospace venture Blue Origin will at long last attempt to put a rocket into orbit. New Glenn, originally intended to launch as early as 2020, is slated to fly on Sunday out of Cape Canaveral, Florida, during a nearly four-hour launch window. The mission aims to put a Blue Origin test satellite into orbit and then land the rocket's lower portion on a drone ship in the Atlantic Ocean.
10.01 / 17:29
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FIVE
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Eaton
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Los Angeles fire: Relief in sight for Palisades wildfire, Eaton fire during weekend but how?
The five separate fires have so far burned more than 35,000 acres (14,160 hectares) in Los Angeles, the state's fire agency reported. The biggest of the blazes has ripped through almost 20,000 acres of the upscale Pacific Palisades neighborhood, where firefighters said they were starting to get a handle on the fire. By Friday morning six percent of its perimeter was contained — meaning it can't spread any further in that direction.
10.01 / 16:23
10.01 / 16:13
markets
UPS
beautiful
Chrysalis' discount halves as it eyes greater capital return to shareholders
In its annual results for the period ending 30 September 2024, Chrysalis revealed £31m was spent on share buybacks, with the board planning to continue its capital return programme and return up to £100m to shareholders. The board is also looking for returns of at least 25% in net realised gains on asset sales, further bolstering capital returns to the trust's shareholders. Chrysalis agrees settlement with Revolution Beauty «The year to 2024 has seen significant change for your company, both in the way that it is run, and also in market sentiment surrounding its portfolio hold...
10.01 / 16:13
markets
Reuters
US adds 256,000 jobs in December as unemployment rate softens
Total nonfarm payrolls published by the US Bureau of Labor Statistics today (10 January) came in above market expectations as economists polled by Reuters expected that figure to stand at 160,000. The employment data for December marked a significant increase from the downwardly-revised figure of 212,000 jobs added in November. Investors bank on US GDP growth above 2% but 'raging optimism' might make it less likely Meanwhile, the unemployment rate decreased from 4.2% in November to 4.1% last month, a level it has remained at for the past seven months. The largest increase i...
10.01 / 16:13
economy
Boeing
shock
BoE's Sarah Breeden: Monetary policy restrictions expected to be removed 'gradually over time'
«In December, I judged that the evidence supported maintaining bank rate at 4.75% and that recent developments supported the case for a gradual approach to the withdrawal of policy restrictiveness in the coming months,» Breeden argued. But she pointed to economic shocks and flagged the importance of «taking a view on which shocks are hitting the economy and how they might play out over time» in order to decide where monetary policy is heading. «Attributing data news to the 'wrong' shocks can have material implications for our understanding of the evolution of the economy in the future...
10.01 / 16:09
markets
UPS
Strategy
Remark
PAM
reports
Work-life balance essential, not optional: Industry leaders on L&T chief's remarks
90-hour work week debate rages, industry leaders Harsh Mariwala, Harsh Goenka and Rajiv Bajaj have weighed in, saying work-life balance is not optional but is essential, and working hard to succeed is not about the hours clocked in. The suggested practise of working for long hours, if at all required to be followed, must start from the top. Larsen & Toubro (L&T) Chairman SN Subrahmanyan had sparked an online outrage with his comments, asking, «how long can you stare at your wife» while advocating a 90-hour work week and suggesting that employees should even give up Sundays. Following his remark, Subrahmanyan's remuneration, which, as per the company's annual report for 2023-24, stood at Rs 51.05 crore and was 534.57 times the median remuneration of the company's employees, has attracted attention from netizens.
10.01 / 16:09
UPS
Career
Platform
trends
show
reports
Career Catfishing explained: What is it and why Gen Z employees are ghosting employers?
career catfishing," where young professionals accept job offers but fail to show up on their first day without notifying their employers. This new phenomenon has sparked debates on corporate culture and workplace ethics. According to The New York Post, a survey by CVGenius, a résumé-building platform, found that 34% of Gen Z workers (aged 27 and under) admitted to engaging in career catfishing. The trend, perceived as an assertion of independence, is reportedly a response to frustrations stemming from exhaustive hiring processes, including lengthy applications and delayed responses from hiring managers. «Our survey found that Gen Z workers, in particular, reported opting for creative ways to put themselves first before their jobs,» explained the UK-based researchers, who surveyed 1,000 employees across generations.
10.01 / 16:09
markets
Digital
security
Strategy
Remark
Experts
PAM
'Penalise if any violation': MP writes to minister after L&T chairman's remarks on working hours
SN Subrahmanyan's remarks that he wished employees to work Sundays, CPIML (Liberation) MP Raja Ram Singh on Friday wrote to Labour Minister Mansukh Mandaviya asking him to penalise any violation of laws on working hours in offices. In a letter to the labour minister, Singh also quoted a statement by Infosys Co-founder Narayana Murthy advocating a 70-hour workweek, and others like Bhavish Aggarwal of Ola and Sajjan Jindal of Jindal Steel Works publicly supporting such a proposal. Subrahmanyan's remarks advocating a 90-hour workweek and working Sundays sparked outrage online. «How long can you stare at your wife,» he is heard saying in a purported video address to employees where he urged them to spend less time at home and more in the office. CPIML (Liberation) leader Singh urged the Union minister to initiate measures to ensure strict enforcement of laws governing working hours.
10.01 / 16:09
markets
UPS
Analysis
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reports
Just Dial Q3 results: PAT jumps 43% YoY to Rs 131 crore, revenue up 8%
Just Dial on Friday reported a net profit of Rs 131.31 crore for the quarter ended December 31, 2024 which was up 43% over Rs 92 crore reported in the year ago period. The Reliance Retail Ventures promoted company reported net revenues at Rs 287.33 crore in Q3FY25, higher by 8.4% over Rs 265 crore reported in the corresponding quarter of the previous financial year. The October-December quarter earnings were announced after market hours and shares of Just Dial today ended at Rs 1034.60 on the BSE, down by Rs 40.35 or 3.75% over the Thursday closing price.
10.01 / 16:09
markets
UPS
Strategy
PAM
Courts
Trump sentenced to unconditional discharge in hush money case days before taking office: Explained in 10 points
Donald Trump was formally sentenced Friday in his hush money case, but the judge declined to impose any punishment. The outcome cements Trump’s conviction while freeing him to return to the White House unencumbered by the threat of a jail term or a fine. This makes him the first former US president ever sentenced for a crime. Justice Juan Merchan delivered the decision on Friday, a day after the US Supreme Court rejected an attempt by Trump’s legal team to delay sentencing before the Republican leader’s inauguration on January 20. ALSO READ: Once-in-a-1,60,000-year comet G3 ATLAS to be visible from Earth on this day. It could shine as bright as Venus
10.01 / 16:09
markets
UPS
Target
President
War
Biden levies new sanctions against Russian energy sector, but it's up to Trump whether to keep them
Biden's administration announced on Friday that it's expanding sanctions against Russia's critically important energy sector, unveiling a new effort to inflict pain on Moscow for its nearly 3-year-old war in Ukraine as President-elect Donald Trump gets set to return to office vowing to quickly end the conflict. The outgoing Democratic administration billed the new sanctions as the most significant to date against Moscow's oil and liquefied natural gas sectors, the driver of Russia's economy. Officials said the sanctions, which punish entities that do business with the Russians, have the potential to cost the Russian economy upward of billions of dollars per month. More than 180 oil-carrying vessels that are suspected to be part of a shadow fleet utilised by the Kremlin to evade oil sanctions as well as traders, oil field service firms and Russian energy officials are also targeted by the new sanctions.
10.01 / 16:09
markets
UPS
Election
Immunic
President
Courts
Judge sentences Trump in hush money case but declines to impose any punishment
Donald Trump was sentenced Friday in his hush money case, but the judge declined to impose any punishment. The outcome cements Trump's conviction before he returns to power before while freeing him to return to the White House unencumbered by the threat of a jail term or a fine. Trump's sentence of an unconditional discharge caps a norm-smashing case that saw the former and future president charged with 34 felonies, put on trial for almost two months and convicted by a jury on every count. Yet, the legal detour — and sordid details aired in court of a plot to bury affair allegations — didn't hurt him with voters, who elected him to a second term.
10.01 / 16:09
10.01 / 16:09
markets
Platform
security
Analysis
Trade
Experts
Celebrity
Mudrex marks 7th anniversary with fee-free trading and ambitious growth plans
Mudrex, a global crypto investment platform, is celebrating its 7th anniversary on January 10 with the announcement of a fee-free trading day on January 12, 2025, for all coins. This special gesture comes as the platform celebrates a year of extraordinary growth, including a 200% increase in its user base, which now exceeds 3 million, and a 20X surge in monthly trading volume, reaching $200 million. Commenting on the occasion, Alankar Saxena, Co-Founder and CPO of Mudrex said, “This fee waiver is our way of thanking our community for their unwavering support and trust”.
10.01 / 16:09
markets
Digital
Strategy
Apple
Experts
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reports
Warren Buffett was on a stock-selling spree recently; if you are an American investor, read the hidden message of the Oracle of Omaha
Warren Buffett has been making some swift and silent movements at the US stock market in recent while, and he has also let go of some of his major stock holdings in the last couple of months, something that is triggering concerns among US investors, especially those who are still holding those stocks in their investment portfolios.
10.01 / 15:53
cryptocurrency market
Bitcoin
crypto price today
bitcoin market cap
Crypto Price Today: Bitcoin falls below $94,500; Cardano, Avalanche decline up to 6%
Bitcoin extended its decline for another day, falling over 2% to $94,357 on Thursday after strong US economic data suggested a robust economy, reinforcing the case for fewer rate cuts from the Federal Reserve. Recent data showed that US services sector activity accelerated in December, and job openings increased in November. This resilience in the American economy signals fewer rate cuts from the Fed in 2025.
10.01 / 15:25
markets
Provident
CEO
economy
Continental
wellness
country
Constellation buying Calpine in $26.6 billion deal that would join two huge US power companies
Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power companies
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