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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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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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23.12 / 05:01
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These are just election promises: BJP's Shehzad Poonawalla targets AAP's promises ahead of Delhi polls
BJP leader Shehzad Poonawalla on Monday criticized the Aam Aadmi Party (AAP) for its latest promises under the Mahila Samman Yojana and SanjivYojana, accusing the party of failing to deliver on key issues during its 10 years in power in Delhi. Speaking to ANI, Poonawalla questioned the AAP government's track record on pollution control, cleaning the Yamuna, and improving healthcare and education, dismissing the new initiatives as mere «election promises» aimed at winning votes ahead of upcoming elections. «They were in power for 10 years but could not make Delhi pollution-free. They could not clean Yamuna by 2025. They used to talk about good hospitals and schools but could not do it. Now they are making new promises. What were they doing for 10 years?.. These are just election promises made to the public in view of the elections,» Poonawalla said.
23.12 / 05:01
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Year-ender 2024: Sectoral, thematic mutual funds fetch highest inflows. Should you focus on them in 2025?
thematic funds receiving the highest inflows in 2024, experts believe that investors should keep an eye on market trends or sectoral changes or invest in a good diversified or flexicap fund and let the experts manage it for them. An expert believes that sectoral and thematic funds have gained a lot of attention due to their ability to tap into specific growth areas as visible in their performance in calendar year 2024. Now whether they will continue to be investors’ favourite depends mainly on the economy and market movement. Also Read | Gold ETF vs Silver ETF: With both offering 20% returns in 2024, where should you allocate more?
23.12 / 04:59
23.12 / 04:01
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Apple’s app store puts kids a click away from a slew of inappropriate apps
Subscribe to enjoy similar stories. Stacy Ann Sipes thought she had her daughter’s phone locked down. For her daughter’s first iPhone, at age 14, Sipes used Apple parental-control settings to block Instagram and Snapchat.
23.12 / 04:01
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Bank Nifty Today Live Updates: Bank Nifty opened at ₹51044.4
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Today Live Updates: The Bank Nifty opened at 51044.4 (0.58%) , 295.7 points higher than the previous closing. Bank Nifty Today Live Updates: At current prices Bank Nifty, faces the below Resistance and Support levels As of the last trading day, the Bank Nifty closed at 51,575.7.
23.12 / 04:01
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Nifty 50 Today Live Updates: Nifty 50 opened at ₹23738.2
Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. Nifty 50 Today Live Updates: The Nifty 50 opened at 23738.2 (0.64%) , 150.7 points higher than the previous closing. Nifty 50 Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels As of the last trading day, the Nifty 50 closed at 23951.7.
23.12 / 04:01
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CEO
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NVIDIA
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Meet the most ruthless CEO in the trillion-dollar tech club
Subscribe to enjoy similar stories. THE BOSSES of America’s trillion-dollar technology giants represent two CEO archetypes. First, the eccentric visionary founder: Mark Zuckerberg of Meta, Elon Musk of Tesla and Jensen Huang of Nvidia are obsessed with their products; wield untrammelled power thanks to the strength of their will, the size of their shareholding, or both; and make questionable sartorial choices.
23.12 / 04:01
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Unimech Aerospace IPO Day 1 Live Updates: Issue opens today. Check GMP, subscription status, review, more
₹149.5 crore via its anchor book, which was initiated on December 20, prior to its IPO. The company has allocated half of the total issue size for qualified institutional buyers (including a portion of up to 60 percent designated for the anchor book), 15 percent for non-institutional investors, and the remaining 35 percent for retail investors.The Initial Public Offering (IPO) of Unimech consists of a fresh equity issuance of up to ₹250 crore alongside an offer for sale (OFS) not exceeding ₹250 crore by selling shareholders from the promoter and promoter group.
23.12 / 04:01
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Updates
DAM Capital Advisors IPO Day 3 Live Updates: GMP, subscription status, should you apply as issue ends today
₹840.25-crore worth DAM Capital Advisors IPO is entirely an offer for sale (OFS) of 2.97 crore shares. DAM Capital Advisors IPO price band is set at ₹269 to ₹283 per share. DAM Capital Advisors IPO GMP today is also showing a positive trend for the stock led by strong demand.
23.12 / 04:01
UPS
IPO
Booking
Manufacturing
band
Updates
Mamata Machinery IPO Day 3 Live Updates: Issue subscribed 37.34x so far; GMP signals multibagger listing
₹179.39 crore, will close for subscription on Monday, December 23. After two days of bidding the issue was booked 37.34 times.The Qualified Institutional Buyers (QIB) portion was subscribed 4.74 times, the Non-Institutional Investors (NII) segment was booked 49.45 times, and the Retail segment was subscribed 50.55 times.
23.12 / 02:53
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Provident
Reuters
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Palantir, Anduril join forces with tech groups to bid for Pentagon contracts: reports
Palantir Technologies and defense tech company Anduril Industries are in talks with about a dozen competitors to form a consortium that will jointly bid for U.S. government work, the Financial Times reported on Sunday. The consortium, which could announce agreements with other tech groups as early as January, is expected to include SpaceX, OpenAI, autonomous shipbuilder Saronic and artificial intelligence data group Scale AI, the newspaper said, citing several people with knowledge of the matter. «We are working together to provide a new generation of defence contractors,» a person involved in developing the group told the newspaper.
23.12 / 02:53
markets
Digital
security
Strategy
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volunteers
Courts
90% of civic volunteers in West Bengal are Jamaat supporters: BJP leader Arjun Singh
Assam STF in Murshidabad, West Bengal, BJP leader Arjun Singh alleged that 90 per cent of the civic volunteers in the state are Jamaat supporters. «You will find a Jamaat terrorist in every police station. 90 per cent of the civic volunteers who check our passports are Jamaat supporters… It's unfortunate that the Assam police are capturing terrorists in West Bengal. They work for the country while the West Bengal police only work for the state and the party,» Arjun Singh told ANI. Notably, in a joint operation, the Assam STF and West Bengal STF arrested two suspected terrorists — Abbas Sheikh and Minarul Sheikh — in Murshidabad's Hariharpara on December 19.
23.12 / 02:53
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Provident
Manufacturing
Parke
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Pharmaceuticals
Which pharma companies will benefit from latest government policies? Sumit Gupta explains
Sumit Gupta, AVP-Research, Centrum Broking, says the government is providing a push towards manufacturing and R&D. Indian pharma has technical know-how. Now, the government wants to do technical ‘know-why’. Say Indian companies are currently doing CDMO manufacturing for MNC players. The government wants us to do R&D, build on some basically blockbuster drugs and then outsource that to some other countries. In one of your recent reports, you say that the government policies are expected to aid the long-term growth of the pharma space. The government is focusing on the R&D side, they are focusing on building and promoting bulk drug parks. How do you see the domestic companies benefit out of the same and amongst this whole sector, which particular segment is expected to benefit the most? Sumit Gupta: The government is focusing on promoting R&D and manufacturing in the pharmaceutical sector and these policies will be catering to or helping the overall sector for the medium to long term. So, the policies like bulk drug parks or the PLI for the pharma scheme or PLI for manufacturing critical APIs, drug intermediaries and KSMs or PLL for medtech. These are some of the sectors which are expected to benefit from government schemes.
23.12 / 02:53
markets
UPS
Booking
Waters
Trade
Experts
Ashoka Buildcon shares in focus after co plans Rs 9000 cr investment in Bihar
Ashoka Buildcon will be in focus in Monday's trade after the company signed an agreement to invest Rs 9,000 crore in Bihar. The funds will be used for setting up a green hydrogen plant in Bihar, its COO-Renewable Energy Mayank Sharma said.
23.12 / 02:53
markets
Software
Experts
PAM
AVP
country
cover
Unstable weather conditions expected across UAE until Thursday
National Centre of Meteorology (NCM). A surface low-pressure system extending from the Southeast will interact with an upper air low-pressure system, accompanied by a cold air mass and strong upper-air winds from the West. This combination is likely to lead to the development of clouds in various parts of the country, with the potential for convective activity at times. Partly cloudy to cloudy conditions are anticipated, with a chance of rainfall at intervals over some coastal areas, islands, and the Northern and Eastern regions.
23.12 / 02:53
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Digital
Software
country
stars
Features
cricket
Alyssa Healy makes it to Australia Governor-General’s XI against England
Governor-General’s XI gears up to take on England in a 50-over match at North Sydney Oval on January 9, 2025. The match, a long-standing tradition, will feature a mix of Australian stars and rising talents, showcasing the depth of women’s cricket in the country. The squad, named by Cricket Australia's National Selection Panel in collaboration with Governor-General Her Excellency the Honourable Sam Mostyn AC, includes Sydney Sixers legend Alyssa Healy, who is making her return from a knee injury.
23.12 / 02:53
markets
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IndusInd Bank shares in focus after RBI slaps fine on lender
IndusInd Bank will be in focus after the Reserve Bank of India imposed a penalty of Rs 27.30 lakh on IndusInd Bank for non-compliance with certain provisions of norms related to 'interest rate on deposits'. The RBI had conducted a statutory inspection for supervisory evaluation of the bank with reference to its financial position as on March 31, 2023, and had issued a notice to the private sector lender.
23.12 / 02:53
markets
Digital
Platform
Healthcare
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information
Reliance Industries shares in focus after 45% stake acquisition in Health Alliance for $10 million
Reliance Industries will likely remain in focus on Monday after the company announced that Reliance Digital Health (RDHL), its wholly-owned subsidiary, will acquire a 45% stake in Health Alliance Group. The total value of the transaction has been stated to be $10 million.
23.12 / 02:53
23.12 / 02:53
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wellness
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International
FMCG and overvalued defence stocks could face near-term challenges: Gurmeet Chadha
«Our GDP numbers came lower. If you see the corporate tax collection growth which the data came, it is just about in high single digit, that shows that even the earnings going forward may not see any meaningful upside,» says Gurmeet Chadha, Complete Circle Consultants. Help us with your take on the markets. How do you see the weakness and especially the weakness that we are seeing on the broader markets? Do you believe that we could be in for some more weakness from these levels? Gurmeet Chadha: So, if you see, I made this point in our previous interactions, whenever the bond yield in US surges, whenever the dollar index crosses 107, I think we see heightened volatility, which again is the case.
23.12 / 02:47
markets
Digital
Platform
trends
show
social
information
Do Gen Z workers need etiquette training?
Subscribe to enjoy similar stories. Earlier this month, a manager shared a screenshot on social media, showing how one of his Gen Z team members took leave without mentioning the pretext. The email addressed to him read, “Hi Siddharth, will be on leave until 8th November 2024.
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