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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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22.12 / 17:39
markets
Target
security
Strategy
Software
economy
Equality
View: Monetary policy is best crafted with analytical clarity, not muscular nationalism or simple binaries
Central banks play a central role in monetary policymaking and a key operational role in current account management. In countries like India, with capital controls and a structural current account deficit (CAD), these roles elide. The task involves careful policy calibration and skilful deployment of a wide set of tools available for current account management, importantly exchange rate management, but also credit, trade and investment policy. This, therefore, requires a 'whole-of-government' strategy with clearly defined macroeconomic objectives. Much commentary on exchange rate policy is simplistic and polarised. At one extreme, we have those who believe in a 'strong' exchange rate, as evidence of a nation's economic testosterone. While this view is normally weird enough to be dismissed as absurd, it gains credibility because the view from the other extreme-the 'mainstream' of the economics profession-is equally doctrinaire and simplistic.
22.12 / 17:39
markets
Provident
Strategy
Software
awards
Moodys
Experts
NCLT approves Raymond's plan to demerge real estate business
National Company Law Tribunal (NCLT) has approved the demerger scheme of Raymond Ltd, paving the way for the reorganisation of its real estate business into a separate entity, Raymond Realty. The move is aimed at unlocking the growth potential of the group's real estate vertical and attract strategic investors. Raymond Ltd, the demerged company, will transfer its real estate assets and operations to Raymond Realty Limited, the resulting company, effective from April 1, 2025. As part of the scheme of this demerger exercise, existing Raymond shareholders will be receiving one equity share of Raymond Realty for every share held in Raymond Ltd.
22.12 / 17:39
markets
UPS
Digital
Software
Remark
Experts
PAM
Jyotirmath Shankaracharya slams RSS chief for 'politically convenient' position on restoring temples
RSS chief Mohan Bhagwat for his «politically convenient» position on restoring temples. Avimukteshwaranand said a list of temples destroyed in the past by invaders be prepared and archaeological surveys of the structures be carried out to «restore Hindu pride». «When he wanted power, he went around speaking about temples. Now that he has power, he is advising not to look for temples,» he said on Bhagwat's remarks. Rashtriya Swayamsevak Sangh (RSS) chief Bhagwat recently said that it was not acceptable that new temple-mosque disputes are raked up after the construction of Ram temple in Ayodhya.
22.12 / 17:39
Platform
security
Strategy
Software
Warner Bros
show
reports
Why is Max ending the Sesame Street and what’s next for the show?
Discovery decided not to renew its contract with the streaming platform, Max, which has been its home since 2016, as mentioned in a report by People. With the fate of the show hanging in the balance, here’s what we know about Sesame Street’s future.
22.12 / 17:39
markets
Digital
Software
Election
Justice
recommendations
Courts
Congress leadership frustrated because they have been rejected by people again and again: Union Minister Dharmendra Pradhan
Union Minister Dharmendra Pradhan on Sunday hit out at the Congress, saying their «leadership is frustrated as they have been rejected by the people again and again.» Responding to Mallikarjun Kharge's statement after the Centre amended the rule to restrict access to certain poll documents, the Union Minister for Education told ANI, «The condition of the Congress is very bad. They are going through a phase of disappointment. Their leadership is frustrated because they have been rejected by the people again and again. »They round up any work of a constitutional body with their allegations," he added. «They win the elections and see EVMs alright. They lose the polls and raise questions about the EVMs».
22.12 / 17:39
markets
MET
Digital
Software
Experts
PAM
social
'I think he's stupid': Elon Musk's British cousin criticises world's richest man
Elon Musk, the CEO of Tesla, has recently come under fire for his outspoken views on UK politics, but his ties to his British family have also raised eyebrows. While Musk has strong familial connections to Liverpool, the birthplace of his late grandmother, a family member has shared how Musk dismissed their attempts to contact him. Cousin Shares Social Media Interaction with Musk Marshall Robinson, Musk’s 86-year-old cousin, spoke to Daily Mail about their family’s efforts to reach out to the billionaire. Robinson revealed that one family member sent Musk a social media message, to which he replied bluntly, «What do you want?» Robinson said, “I have never been in touch” with Musk directly, emphasizing that this was the only interaction they had.
22.12 / 17:39
markets
Target
Software
War
information
2 US Navy pilots shot down over Red Sea in apparent 'friendly fire' incident, US military says
US Navy pilots were shot down Sunday over the Red Sea in an apparent «friendly fire» incident, the US military said, marking the most serious incident to threaten troops in over a year of America targeting Yemen's Houthi rebels. Both pilots were recovered alive after ejecting from their stricken aircraft, with one suffering minor injuries. But the shootdown underlines just how dangerous the Red Sea corridor has become, with ongoing attacks on shipping by the Iranian-backed Houthis despite US and European military coalitions patrolling the area. The US military had conducted airstrikes targeting Yemen's Houthi rebels at the time of the friendly fire incident, though the US military's Central Command did not elaborate on what the pilots' mission was and did not respond to questions from The Associated Press. The F/A-18 shot down had just flown off the deck of the USS Harry S. Truman aircraft carrier, Central Command said. On December 15, Central Command acknowledged the Truman had entered the Mideast, but hadn't specified that the carrier and its battle group was in the Red Sea.
22.12 / 17:13
UPS
Racing
Wildlife
reports
volunteers
A race is on to clean up shorelines off Crimea after tons of oil spills from damaged Russian ships
Cleanup continues in the Kerch Strait near Russian-occupied Crimea, a week after at least 3,700 tons of low-grade fuel oil spilled out of two storm-stricken Russian tankers
22.12 / 16:37
Remark
Enterprise
Opinion
reports
recommendations
guidelines
Proxy advisors call for Rashmi Saluja's ouster from Religare; co backs her
Subscribe to enjoy similar stories. Two leading proxy advisory firms have recommended Religare Enterprises investors Ltd (REL) to vote against giving a fresh five-year term on the company's board to chairperson Rashmi Saluja, further turning the odds against her re-appointment that was already hanging in the balance amidst her ongoing feud with the company's largest shareholders, the Burman family.
22.12 / 16:31
Citi
Software
Food
Boxing
pandemic
2020
reports
Boxing Day 2024: What’s open and closed | All about the festive tradition
Boxing Day sales. However, not all retailers and supermarkets will swing their doors open on December 26. Over the past few years, several stores have embraced a new tradition of staying closed on Boxing Day, a practice initiated during the pandemic in 2020.
22.12 / 16:31
markets
UPS
FIVE
Reuters
Software
Trade
reports
Christmas Santa Claus rally in Wall Street, US Stock Market: Will S&P 500 disappoint traders, investors this year?
The benchmark S&P 500 is up more than 24 per cent for 2024, even after a major stumble this week, and Wall Street has historically often enjoyed a strong annual close, according to the Reuters report. Since 1969, the last five trading days of the year combined with the first two of the following year have yielded an average S&P 500 gain of 1.3 per cent, a period known as the «Santa Claus Rally», according to the Stock Trader's Almanac. But this year, there are signs Santa Claus may disappoint, Reuters reported.
22.12 / 16:31
markets
UPS
Software
President
Celebrity
Himachal Pradesh: BJP state unit gears up to celebrate 'Good Governance Day' and 'Veer Bal Diwas'
BJP national president JP nadda for nationwide commemorations of 'Good Governance Day' and 'Veer Bal Diwas', the party's Himachal Pradesh unit shared the detailed outline for the events scheduled on December 25 and 26. BJP State General Secretary Trilok Kapoor, during a press conference in Dharamshala on Sunday, said to commemorate the birth anniversary of Bharat Ratna Atal Bihari Vajpayee, homage will be paid in Delhi by President Droupadi Mumu, Prime Minister Narendra Modi, Home Minister Amit Shah, and other dignitaries. Regarding BJP National President JP Nadda's directives, he said events will also be organized at the booth level nationwide.
22.12 / 16:31
UPS
Cooper
Software
Research
Relationships
International
Sporting
India, Kuwait sign four MoUs to strengthen cultural, defence cooperation
India and Kuwait signed four Memorandum of Understandings in the areas of defence, sports and cultural cooperation during Prime Minister Narendra Modi's visit to the Gulf nation, the Ministry of External Affairs said on Sunday. MEA Secretary CPV and OIA, Arun Kumar Chatterjee during a special briefing today, said the MoUs are expected to deepen the multifaceted bilateral relationship as well as open avenues for newer areas of cooperation. «Following the delegation level talks today, four bilateral documents were signed during the visit. The first one is a Memorandum of Understanding on defence cooperation, the second one is a Cultural Exchange program for the years 2025-2029, the third is an executive program on cooperation in the field of sports for the period 2025- 2028. We also had Kuwait joining as a member of the International Solar Alliance (ISA),» he said.
22.12 / 16:31
Cooper
security
Software
Food
Trade
Experts
International
I2U2 & IMEEC chart new course for global economic cooperation: Experts
I2U2 Group, a groundbreaking quadrilateral partnership between India, Israel, the United Arab Emirates, and the United States. The event, titled «I2U2: Towards a Transformative Quadrilateral Partnership», brought together distinguished experts who explored the partnership's role in reshaping international cooperation and economic integration. The event held virtually was organised by the CUTS International, a leading public policy body of India. In his opening remarks, Pradeep S Mehta, Secretary General of CUTS International, emphasised the partnership's innovative approach, noting that «I2U2 deliberately sidesteps traditional conflict narratives. Instead of focusing on historical tensions or regional disputes, the I2U2 partnership prioritises pragmatic economic cooperation and technological innovation.»
22.12 / 15:55
security
Software
Yellow
DAL
classical
information
BSF recovers four drones, two heroin consignments at Punjab border
In the afternoon, the BSF troops jointly with Punjab Police recovered two DJI AIR 3S drones one after another along with one packet of suspected heroin with gross weight- 558 and 613 grams respectively in the area of village Dal situated in district Tarn Taran. The narcotics packets were found wrapped with yellow adhesive tape and a copper wire loop attached to each, the release mentioned. The vigilant BSF troops on duty recovered one DJI Magic 3 Classic drone at about 09:45 am from a farming field adjacent to the village Rattankhurd in district Amritsar, added the release.
22.12 / 15:55
markets
Digital
security
Software
Sustainability
Experts
PAM
Haryana govt notifies procurement of 24 crops at MSP
Haryana government has notified the procurement of 24 crops at a minimum support price (MSP), extending the list of 14 farm produces that were earlier eligible for guaranteed rates under public procurement system. The state cabinet of the previous government, which was also headed by Chief Minister Nayab Singh Saini, already approved the proposal of buying 10 additional crops at MSP. The decision on MSP for additional crops was announced on August 5, months before the assembly polls in October. Till August, government agencies used to procure 14 crops at MSP. According the latest notification dated December 19, the then Council of Ministers, in its meeting held on August 5, decided to purchase ragi, soybean, nigerseed, safflower, barley, maize, jowar, jute, copra and summer moong at the minimum support price.
22.12 / 15:55
Software
Remark
Sony
film
AVP
actress
reports
After Blake Lively's sexual harassment allegations, Justin Baldoni dropped by WME
Justin Baldoni has been dropped by WME following allegations of sexual harassment made by actress Blake Lively, his co-star in It Ends With Us, according to Deadline. WME leadership made the decision on Saturday morning, shortly after Lively filed a formal complaint on Friday evening. Lively, 37, alleged in the complaint that Baldoni engaged in multiple instances of inappropriate behavior during the production of It Ends With Us. According to Deadline, these incidents included comments about her weight, discussions on sexual topics, and references to Baldoni’s “pornography addiction” in front of her and other cast members. The lawsuit also claims that Baldoni displayed explicit images and made inappropriate remarks about the genitalia of cast and crew members.
22.12 / 15:55
Career
CEO
Food
Death
country
innovations
International
Rohan Mirchandani death: 5 CEOs and company founders who died too young from cardiac arrest
Over the years, the untimely deaths of several prominent Indian entrepreneurs and company founders in their 40s and 50s have underscored the dangers of stress, the pressures of leadership, and the physical toll that intense work can take on the human body. While these individuals were often seen as the driving forces behind their businesses, their sudden departures have raised concerns about the importance of mental and physical health in today’s fast-paced corporate world. Here, we take a look at some of the Indian business leaders who passed away prematurely due to cardiac arrest, leaving behind a legacy that continues to inspire despite their untimely departures.
22.12 / 15:55
markets
Digital
Software
Experts
PAM
country
'Condition critical', say doctors as farmer leader Dallewal's fast enters 27th day
Jagjit Singh Dallewal's fast-unto-death entered its 27th day on Sunday, doctors termed his health condition «critical». Doctors attending to him at the Khanauri border protest site reiterated that Dallewal is at the risk of cardiac arrest and multi-organ failure. Dallewal, 70, has been on a fast-unto-death at the Khanauri border point between Punjab and Haryana since November 26 to press the Centre to accept the agitating farmers' demands, including a legal guarantee for MSP on crops. A statement issued by the Samyukta Kisan Morcha (Non-Political) and Kisan Mazdoor Morcha said following the advice of doctors, the veteran farmer leader did not come on stage on Sunday.
22.12 / 15:55
markets
UPS
Digital
security
Software
reports
Centre should be blamed for illegal immigration from Bangla: WB minister
Firhad Hakim on Sunday said that the Centre should be held responsible for unabated illegal migration from Bangladesh. His assertion came in the wake of the BJP attacking the West Bengal government following the arrest of suspected Ansar-al-Islam Bangladesh members who were allegedly trying to spread the terror outfit's network in the eastern state. He was asked about reports that two of the eight arrested terrorists were working to set up a sleeper cell in Murshidabad district and one of them, a Bangladeshi national, had even procured fake identity card and passport to carry on subversive activities. «The onus lies with the Union Home Ministry which is helmed by Amit Shah. Why is he not taking steps to strengthen security along the Bangladesh border? Why is the Border Security Force not succeeding to stop infiltration of Bangladeshi nationals?
22.12 / 15:55
Manufacturing
CEO
Software
Highways
Death
social
'You can manufacture safe cars, but India...': Bengaluru IT firm CEO's death after container truck falls on Volvo SUV sparks debate online
The victims were Chandram Yegapagol, 48, the MD and CEO of IAST Software Solutions Private Limited, his wife Gaurabai, 42, their 16-year-old son Gyan, daughter Deeksha, 12, Yegapagol's sister-in-law Vijayalakshmi, 36, and her six-year-old daughter Arya, according to ToI. Yegapagol and the others were heading to their hometown Sangli in Maharashtra in their new Volvo XC90 SUV, when the horrific accident happened around 11 am near Tippagondanahalli on the B'luru-Tumakuru stretch of the highway. «Chandram was driving responsibly and was not at fault,» police told ToI.
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