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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
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The great crypto reckoning: Wake up and get real about this class of pseudo assets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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10.01 / 10:51
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Citi
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Philippine fintech GCash hires banks for up to $1.5 billion IPO, sources say
Philippine fintech firm, has hired banks, including Citi, Jefferies and UBS, to work on an up to $1.5 billion domestic initial public offering, three sources with knowledge of the matter said, in what would be the country's biggest ever stock offering. The IPO is expected to take place as early as the second half of 2025 or in 2026, subject to broader market conditions, two of the sources said, declining to be named as the matter was private. If the listing goes ahead it would be Philippines' biggest ever, surpassing the $1 billion IPO of Philippine food company Monde Nissin in 2021.
10.01 / 10:51
markets
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Wildlife
PAM
Centre's wildlife panel clears proposals to build strategic infra in eastern Ladakh
Changthang High Altitude Cold Desert Wildlife Sanctuary and the Karakorum Nubra Shyok Wildlife Sanctuary, aims to speed up ammunition access and ensure quicker operational deployment, according to the Ministry of Defence. India and China were engaged in a 54-month-long military standoff in eastern Ladakh, which began after their troops clashed in the Galwan Valley in May 2020. This standoff ended in October last year. The proposals for this strategic infrastructure were discussed during a meeting of the Standing Committee of the National Board for Wildlife, chaired by Union Environment Minister Bhupender Yadav on December 21.
10.01 / 10:51
10.01 / 10:51
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Hearing in Rahul Gandhi defamation case postponed to January 22 due to lawyers' strike
Rahul Gandhi, scheduled for Friday at an MP-MLA court here, was postponed due to a strike by lawyers. Advocate Santosh Kumar Pandey, representing complainant Vijay Mishra, stated that the special court's magistrate Shubham Verma has now scheduled the hearing for January 22 to complete cross-examination. The case dates back to 2018 when Mishra, a local BJP politician, filed a defamation complaint against Gandhi. Mishra alleged that Gandhi made objectionable remarks during the Karnataka assembly elections that deeply hurt him. After a prolonged five-year legal process, Gandhi failed to appear in court, leading the presiding judge in December 2023 to issue a warrant for his appearance. Gandhi surrendered before the court in February 2024.
10.01 / 10:51
markets
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Booking
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PAM
Courts
In public interest: SC opens doors to people for guided tours
An official said, «Opening of the secured apex court premises will provide a great opportunity to the public to gain inside access to the interiors of the building and admire the majestic structure in its full glory.» A circular issued on January 9 by Registrar Mahesh T Patankar (court and building) read, «In pursuance of the directions of the competent authority, the guided tour shall be conducted on every working Saturday, except second and fourth Saturdays and declared holidays in four slots from 10 am to 11.30 am; 11:30 am to 1 pm; 2 pm to 3.30 pm and 3.30 pm to 5 pm.»
10.01 / 10:37
Booking
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International
Angela Merkel wants her memoir to save her legacy. It’s backfiring.
Subscribe to enjoy similar stories. Angela Merkel wrote a 736-page memoir to secure her crumbling legacy. The effort is backfiring.
10.01 / 10:37
COST
UPS
Citi
Waters
innovations
Features
Zero-proof drinks for Dry January
Subscribe to enjoy similar stories. Temperance in the world of cocktails implies drinking with restraint or in moderation. Bartender Pawan Rawat chanced upon the word while crafting the menu for the new bar Hitchens in Mumbai, and adopted it as the name for the zero-proof drinks section.
10.01 / 10:17
markets
Digital
security
Strategy
Experts
PAM
Vedanta Resources gets $300 million loan commitment for debt refinancing
miner Vedanta's parent on Friday said it has secured commitments from Barclays, First Abu Dhabi Bank, and Mashreq totaling $300 million in loan tenors of 3 years and 3 months. The proceeds will be used for refinancing some outstanding 2024 and 2026 bonds and for meeting other debt servicing obligations, Vedanta Resources said in an exchange filing. The company is looking to upsize the deal and is in advance discussions with other banks for additional loans of $200 million, it said.
10.01 / 10:17
Remark
Podcasts
Nikhil Kamath podcast: PM Modi calls Indian entrepreneurs abroad 'national ambassadors'
During the conversation, Modi highlighted the significance of Indian entrepreneurs working abroad, calling them "national ambassadors." He emphasised that leveraging their expertise and connections can strengthen India’s global standing. “One of the primary objectives of NITI Aayog is to combine the strengths of the global Indian community,” Modi said, adding that Indian-origin individuals worldwide are known for their low crime rates, high education levels, and respect for the law. “Their cumulative efforts are a key reason behind India’s growing global profile,” he remarked.
10.01 / 10:17
markets
Digital
Strategy
film
Celebrity
PAM
innovations
Annapurna Studios launches India’s first Dolby post-production facility
Annapurna Studios in collaboration with Dolby has launched India’s first Dolby certified post production facility for cinema and home. The facility was unveiled by the renowned filmmaker S S Rajamouli in the presence of the celebrated actor Nagarjuna Akkineni, Vice Chairman of Annapurna Studios. Interestingly, Rajamouli’s Academy-award-winning film RRR was the first-ever Indian film to be released in Dolby Cinema. A special footage of the film was played at the grand event. SS Rajamouli said, «During the time of RRR, when we wanted to grade the film in Dolby Vision, we had to travel all the way to Germany. It was a bit disheartening that I couldn’t experience my film in Dolby Vision within my own country. But today, I’m thrilled to see a Dolby Vision grading facility right here at Annapurna Studios.» He added, «Even more exciting is the fact that, by the time my next film releases, there will be multiple Dolby Cinema across India.: He said, „Watching a film in Dolby Vision is an entirely different experience—the crystal-clear clarity and the way it enhances the nuances of every frame take storytelling to a whole new level. I can’t wait for audiences to experience it!”
10.01 / 10:17
Booking
security
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Indus
Vodafone exits Indus Towers, sells shares worth Rs 2,800 cr; clears Rs 890 cr dues
Vodafone has sold its entire stake in Indus Towers for Rs 2,800 crore, the telecom infrastructure firm said on Friday. Vodafone has sold 7.92 crore or 3 per cent stake in Indus Towers and used Rs 890 crore from the proceeds to clear lenders dues, the company said in a regulatory filing. "Vodafone Group Plc announces that it has successfully completed the placing of its remaining 79.2 million shares in Indus Towers Limited («Indus») representing 3.0 per cent of Indus' outstanding share capital through an accelerated book build offering on 5 December 2024," the filing said.
10.01 / 10:17
markets
Remark
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performer
social
Videos
Work, wife and weekend: What works for the Indian worker
SN Subrahmanyan has stirred a debate on social media on work-life balance with his advocacy of 90-hour work weeks. In an undated video, which has gone viral on social media. Subrahmanyan seemed to dismiss the value of time spent at home, saying, «What do you do sitting at home? How long can you stare at your wife? How long can the wives stare at their husbands? Get to the office and start working.» He was advocating for working Sundays. During the recorded interaction, when questioned about mandatory Saturday work at L&T, Subrahmanyan said, «I regret I am not able to make you work on Sundays, to be honest. If I can make you work on Sundays, I will be more happy, because I work on Sundays also.» Also Read: ‘How long can you stare at your wife?’: L&T chief advocates 90-hour work week
10.01 / 10:17
markets
Citi
Digital
Strategy
Experts
PAM
Courts
How a lone farmer halted Unitech's construction in Noida project
Unitech's Express City housing project, claiming ownership of a 7,000 square meter plot. Sukhpal Singh asserts the land, located within the project's sectors 96, 97, and 98, belongs to him and was never acquired by the Noida Authority. The project, delayed for nearly a decade due to Unitech's financial and operational issues, resumed construction last September under new management appointed by the Supreme Court. The disputed plot falls within Unitech’s “The Willows” project, which includes developed plots and requires infrastructure like roads. Singh states he notified officials about his plot's location within the project boundary. The district administration demarcated his plot within the project area around 2016-2017. Construction work stalled, leaving his plot undisturbed. Singh noticed excavation for a road on Thursday and halted the work, informing the district administration. “My demand is that either an approach (road to my plot) is provided, or my land parcel is shifted to another portion of the project along the existing road where Unitech has no issue. Since the allotment, we were not able to do farming on this land. But, at the same time, Unitech also did not interfere,” Singh said.
10.01 / 10:17
markets
UPS
Digital
Platform
Election
Interviews
How Musk's interview with German AfD leader squares with EU laws
Elon Musk's expected hosting of Alice Weidel, leader of the far-right Alternative for Germany (AfD) party, for a discussion on his X platform on Thursday was being watched by the European Commission to check for any spreading of misinformation before next month's German election. The European Union's Digital Services Act (DSA) is intended to address illegal content such as hate speech and intentional manipulation to influence elections. X has been under investigation under the DSA since 2023 over suspected dissemination of illegal content and the effectiveness of its measures to combat information manipulation.
10.01 / 10:17
WhatsApp
Research
Rupee may fall past 90 per dollar as RBI ditches quasi-peg, says research
rupee may fall past 90 per dollar this year as the monetary authority prepares to ditch the currency’s implicit quasi-peg to the dollar, according to Gavekal Research. A bigger depreciation of around 10%, taking the rupee to 95 is “not out of the question,” analysts Udith Sikand and Tom Miller wrote in a note. The monetary authority faces the task of lowering interest rates without precipitating a steeper currency decline, they wrote.
10.01 / 10:17
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GMM Pfaudler shares may rally 89%, believes Ambit, initiates coverage with Rs 2,400 target
GMM Pfaudler, domestic brokerage firm Ambit has initiated coverage on the stock with a «Buy» rating and a 24-month target price of Rs 2,400, suggesting a substantial 89% upside for the stock. “GMM trades at 30x FY26E P/E (12x EV/EBITDA), a 25-35% discount to its peers given earlier growth/margin issues due to deceleration in end-user capex. Valuations should re-rate with end-user capex uptick driving earnings rebound. We bake in 9%/12%/14% rev/EBITDA/FCF CAGR and expect GMM to scale 5x over FY24-41E (7x, FY19-24),” said Ambit in its report.
10.01 / 10:17
markets
COST
Digital
Strategy
Experts
PAM
reports
Prateek Group to invest Rs 2,000 cr to build luxury housing project in Ghaziabad
Prateek Group will invest over Rs 2,000 crore to develop a luxury housing project at Siddharth Vihar in Ghaziabad as part of its expansion plan amid strong consumer demand. The company on Friday announced launch of its new project 'Prateek Grand Begonia', spanning around 15 acre and comprising 2,400 flats. «We have already developed and delivered 4,500 flats in Siddharth Vihar. We are now starting a new housing project which is suitable for both end users and investors,» Prateek Group CMD Prashant Tiwari told reporters here. The company will sell 1,200 flats in the first phase. It will take only 30 per cent of the cost from customers at the time of booking and the remaining 70 per cent at the time of possession.
10.01 / 09:33
markets
Digital
Strategy
Experts
RAI
PAM
Department
Bihar public holidays 2025 announced: Check Bihar state govt holiday list for the year 2025
The government circular released on October 3 stated that, “In state government secretariat departments and directorates, a five-day workweek system will remain in effect. For regional offices (including divisional commissioner offices, offices of chief engineers, etc.), a six-day workweek system will remain in effect. In the year 2025, due to the occurrence of both the 358th and 359th birth anniversaries of Guru Gobind Singh Ji, holidays have been declared for both dates.” Also read: Central government holiday list 2025
10.01 / 09:33
markets
UPS
Digital
Strategy
Experts
PAM
Gold demand in India slows, Lunar New Year fuels interest in other hubs
Gold discounts in India rose this week as consumers refrained from buying as local prices hit a month's high, whereas the upcoming Lunar New Year festival stimulated gold buying activity in other major Asian markets. Indian dealers offered a discount of up to $17 an ounce to official domestic prices, inclusive of 6% import and 3% sales levies, up from the last week's discount of $14 an ounce. «Prices are high, so buyers are holding off on purchases. Anyway, the inauspicious Khar Mass (month in Hindu calendar) is still going on,» an Ahmedabad-based jeweller said.
10.01 / 09:33
markets
Digital
Strategy
Experts
PAM
country
information
Interpol issues first Silver Notice, it enables tracing illicit wealth laundered across borders
Interpol has issued its first Silver Notice to locate assets laundered across borders as part of a pilot project in which India is also a participant, the global body said Friday. In its response to a PTI query on the notice, the Interpol said in a statement it has issued the first Silver Notice on the request of Italy which has sought information about the assets of a senior mafia member. The Lyon-based international police cooperation organisation said the pilot project has participation from 52 members including India. At present, the Interpol has eight types of colour-coded notices which allows a member country to seek specific kind of information worldwide. The Red Notice allows a country to request the detention of fugitive living in another country.
10.01 / 09:33
COST
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love
Podcasts
Learned to love trouble...: PM Modi shares his life mantra in debut podcast with Zerodha's Kamath
Narendra Modi on Friday said that his life's mantra was to never do anything «wrong» with bad intentions. Speaking in a podcast with Zerodha founder Nikhil Kamath, PM Modi said that human beings, including him, are prone to make mistakes, but it shouldn't be at the cost of doing things with bad intentions. «When I became the Chief Minister, I gave a speech in which I said, 'I will not shy away from hard work' and 'I will not do anything for myself' and 'I am human who can make mistakes, but I will never do anything wrong with bad intentions.' This is my life's Mantra. Everyone makes mistakes, including me. After all, I am a human being, not some God,» PM Modi said in the podcast hosted by Nikhil Kamath.
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