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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
Blockchain
MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
Blockchain
Ethereum
What lies ahead for Altcoins: Looking at the future of diversified portfolios
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09.01 / 14:33
UPS
rights
Liontrust's Julian Fosh retires after nearly two decades with the firm
An important member of the Economic Advantage team, Fosh joined in 2008 to work alongside Anthony Cross to build up the Economic Advantage process and co-manage the UK equity fund range. «I feel tremendously proud and privileged to have had the opportunity to fulfil my potential working with the team at Liontrust and would like to thank all those both within the Liontrust family and without, past and present, who have contributed to this,» he said. «Having recently suffered from an unexpected and severe bout of illness, now seems the right time to step back and enjoy my return to heal...
09.01 / 14:33
markets
economy
Liz Truss sends 'cease and desist' letter to Starmer over claim she 'crashed the UK economy'
In the letter, lawyers for Truss argued the Labour PM's statement was «false and defamatory», and suggested it was partly to blame for her losing her re-election as MP for South West Norfolk in July 2024. Truss declined to comment and the Prime Minister's office has been contacted for comment. 'Bad news' for Labour as surging gilt yields puts pressure on government's debt management Starmer's claims refer to the aftermath of Truss and former chancellor Kwasi Kwarteng's Mini Budget in September 2022, which sent financial markets spiralling after unveiling major tax cuts funded by bo...
09.01 / 14:33
markets
COST
Treasury steps in to defend Reeves' borrowing amid gilt market selloff
The Treasury rejected claims that higher debt costs had limited Chancellor Rachel Reeves's headroom for borrowing, calling them «pure speculation». «UK debt is the second lowest in the G7 and only the OBR's forecast can accurately predict how much headroom the government has,» a Treasury spokesperson said, adding that «no one should be under any doubt that meeting the fiscal rules is non-negotiable and the government will have an iron grip on the public finances». The Treasury intervention came after yields on UK 30-Year gilts rose to the highest level since 1998 on Wednesday (8 Janua...
09.01 / 13:55
security
Bill
Trade
War
country
politician
Canada on Trump’s proposed union: Thanks, but let’s just Be friends
Subscribe to enjoy similar stories. TORONTO—The last time the U.S. seriously floated the idea of taking over Canada, it was 1866, and the dust had just settled on the Civil War.
09.01 / 13:55
markets
COST
UPS
economy
rights
The stock market embraced higher yields. Now it fears them.
Subscribe to enjoy similar stories. The 10-year bond yield came within a whisker of its high from last April on Wednesday morning, and stocks, especially smaller stocks, didn’t like it one bit. It is part of a switcheroo by investors over the past month.
09.01 / 13:55
Target
FIVE
Platform
Remark
Doge
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Department
Musk says DOGE’s goal to cut $2 trillion in spending is ‘best-case outcome’
Subscribe to enjoy similar stories. Elon Musk reiterated that his Department of Government Efficiency will try to cut $2 trillion from federal spending, but he said they may not reach that goal. “I think if we try for $2 trillion, we’ve got a good shot at getting one," Musk said Wednesday in a conversation with Mark Penn, chairman and chief executive of ad company Stagwell, that was livestreamed on Musk’s social-media platform X.
09.01 / 13:49
09.01 / 13:49
markets
Google
Strategy
Gemini
reports
Features
What are Google's big plans for 2025 in AI? Here's what Sundar Pichai told its employees
Sundar Pichai reiterated to Googlers how the next few months will see new AI products and features as new year 2025 gets underway. In 2024, Google took a significant step in introducing its AI-powered products, services and features. Last year, the world saw some revolutionary and ground-breaking announcements like Willow and greater Gemini AI integration to apps and services.
09.01 / 13:49
markets
Strategy
Research
PAM
Diversity
country
Department
A milestone in biotechnology research: PM Modi unveils genome sequencing data of 10,000 Indians
Narendra Modi on Thursday released the genome sequencing data of 10,000 Indian nationals and said it will be a milestone in the field of biotechnology research. The Genome India Data, that represents the genetic diversity in the country, will be available to researchers at the Indian Biological Data Centre (IBDC) through «managed access».
09.01 / 13:49
markets
security
Analysis
Research
Trade
Experts
reports
Hindalco arm Novelis raises $750 million via 5-year bonds
Hindalco Industries has raised $750 million (about Rs 6450 crore) by selling five-year bonds through a private placement outside of the US at 6.88%. Novelis intends to use the net proceeds from the offering to repay $738 million (about Rs 6346 crore) of outstanding borrowings under its revolving credit facility and to use any remaining net proceeds to fund cash on its balance sheet for general corporate purposes, the company said. The US headquartered aluminium maker expects to close the bond placement on January 13. The bonds will be guaranteed by Novelis and certain subsidiaries of the company, the Aditya Birla owned company said in a stock market notice.
09.01 / 13:49
markets
UPS
Platform
security
Strategy
PAM
Strata secures SEBI license for SM REIT; aims to launch up to 6 schemes in FY26
commercial real estate investment platform, has received the official license from the Securities and Exchange Board of India (SEBI) for its Small and Medium Real Estate Investment Trust (SM REIT), named Strata SM REIT.
09.01 / 13:49
09.01 / 13:49
markets
IPO
Analysis
Trade
Experts
rights
India's equity fundraising hits nearly Rs 4 lakh cr in 2024, driven by 3x jump in IPO proceeds
equity fundraising touched a record Rs 3.99 lakh crore in 2024, mainly driven by deluge of initial share sales (IPOs) as investor appetite remained robust throughout the year. Excluding the rights issues, the fundraising from equity was at Rs 3.73 crore, which is a massive 159% increase over the previous year period. According to primedatabase.com, 91 Indian companies raised Rs 1.59 lakh crore through the IPOs, which listed on both the exchanges. This is more than 3 times the amount mobilised by the companies in 2023. The year also saw the biggest IPO from Hyundai, which raised Rs 27,859 crore.
09.01 / 13:49
09.01 / 13:49
markets
Strategy
students
PAM
social
dance
HBSE Haryana board exam 2025: Date sheet out; Check timetable download link, dates here
Haryana Board of School Education (HBSE) released Class 10, and 12 date sheets for the 2025 board exams on Thursday. Students can check the official website for detailed schedules at bseh.org.in.
09.01 / 12:17
markets
UPS
Digital
Strategy
PAM
country
Fast paced growth of top end models jack up Mercedes’ average selling price in 2024
average selling price of Mercedes Benz India models in 2024 rose 6% to Rs 95 lakh over Rs 89 lakh in 2023 as buyers lapped up its top end models—those priced at Rs 1.5 crore and above, at a faster pace compared to the year before. Sales of such models that include the Maybach S Class, AMG, GLE to name a few, advanced 30% year-on-year.
09.01 / 12:17
markets
security
Analysis
Research
Trade
Photos
Experts
Sensex falls! But these stocks rallied over 15% on BSE in today's trade
stocks rallied as much as 15% in Mumbai trading on Thursday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Panther Industrial Products Ltd.(57.47%), Parsharti Invst(19.99%) and Kamdhenu (15.05%).
09.01 / 12:17
09.01 / 12:17
09.01 / 12:17
markets
Williams
Remark
Celebrity
Monarchy
social
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'To the most incredible wife': Prince William wishes Kate Middleton on her birthday
Prince William praised the strength of the Princess of Wales after a turbulent year, offering a 43rd birthday wish on social media on Thursday that described her as an incredible wife and mother. The brief but cheerful message alluded to the past year, which was marked by illness and recovery that sidelined Kate, as she is commonly known, for extended periods. She had abdominal surgery, was diagnosed with cancer and underwent chemotherapy in the past 12 months.
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