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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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20.12 / 06:49
markets
Digital
security
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President
singer
US attorney behind Adani's bribery charges, Breon Peace, to resign as Trump returns
Breon Peace said he will step down Jan. 10, ending a stint as federal prosecutor that included high-profile cases such as singer R Kelly’s trial for sex-trafficking, a fraud indictment of Indian billionaire Gautam Adani and the criminal conviction of a US Congressman. Peace, a 53-year-old native of Brooklyn, New York, said in a statement Wednesday “it has been the honor of a lifetime to serve as United States Attorney.” He’ll be replaced as head of the Brooklyn office, known as the Eastern District of New York, by First Assistant US Attorney Carolyn Pokorny, according to the statement. He was appointed by President Joe Biden in 2021 and will leave before President-elect Donald Trump takes office Jan. 20.
20.12 / 06:33
security
WhatsApp
trends
Trade
Havells India shares 0.03% as Nifty
Havells India Ltd. 0.03 per cent to Rs 1695.75 in Friday's trade. It hit a high of Rs 1713.10 and low of Rs 1687.00 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 1765.13, while the 50-DMA was at Rs 1725.44. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
20.12 / 06:33
Remark
Election
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voice
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Lok Sabha adopts resolution recommending simultaneous polls bills to joint committee
Lok Sabha was adjourned sine die, the House on Friday adopted a resolution recommending the two bills on holding simultaneous polls to a joint committee of the two Houses.
20.12 / 06:33
markets
Strategy
Software
Workday
PAM
reports
Schools
The dark side of Wall Street: Bankers turn to this addictive drug to get through gruelling 90-hour work weeks
prescription stimulants like Adderall to help them endure gruelling workdays that often extend beyond 22 hours. A recent investigation by The Wall Street Journal reveals how widespread the use of such substances has become among investment professionals, as they try to keep up with the relentless demands of their jobs. Stimulants such as Adderall, Vyvanse, and high-caffeine energy drinks are reportedly common tools used by young bankers to stay alert during marathon work hours.
20.12 / 06:33
markets
COST
Strategy
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PAM
consequences
Schools
Realty developers urge govt to reconsider proposal to bring FSI, additional FSI under GST
Realty developers’ body CREDAI has written to the finance minister Nirmala Sitharaman urging a review of the proposal as the move would result in a substantial incremental impact on project costs, pushing housing prices up by around 10% across various property markets of the country. “FSI/ additional FSI charges constitute a significant part of the project cost, and the proposal to impose 18% GST on such charges could prove to be counterproductive and act as a deterrent to housing supply and demand, owing to additional financial obligations and increasing housing prices as a direct consequence. We strongly request and recommend to the Government to keep the FSI charges exempt from GST,” said Boman Irani, president, CREDAI.
20.12 / 06:33
markets
Strategy
Software
Boxing
testing
cricket
Ind vs Aus Boxing Day Test: What is it and what is India's record?
Boxing Day Test between India and Australia is set to take place at the Melbourne Cricket Ground (MCG) from December 26, marking one of the most iconic fixtures in world cricket. As the series between the two teams is currently tied at 1-1, this test holds significant importance, not just for the Border-Gavaskar Trophy but also in the context of the World Test Championship (WTC) standings. A win for India will give them a 2-1 lead and strengthen their bid for a place in the WTC final.
20.12 / 06:33
markets
COST
Digital
Platform
Software
Experts
testing
How to buy second-hand electric cars in India?
Buying a second-hand electric car in India can be a smart and eco-friendly choice. Here's a step-by-step guide to help you make the right purchase: 1. Set a budget Decide on your budget based on the car’s brand, model, and condition. Keep in mind that used electric cars may vary in price depending on factors such as age, battery condition, and features.
20.12 / 06:17
Actor
show
information
reports
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Courts
Danny Masterson appeals 2023 rape convictions, aims for ‘complete exoneration’
Former That ’70s Show actor Danny Masterson, through his lawyers, has appealed his 2023 rape convictions.
20.12 / 06:17
Fighting
security
economy
show
country
Putin boasts Ukraine gains, says Russia ready for missile ‘duel’ with West
President Vladimir Putin boasted that his military operation in Ukraine has strengthened Russia and denied that the ouster of key ally Bashar Assad in Syria had hurt Moscow’s prestige, as he held his annual news conference and call-in show Thursday.
20.12 / 06:15
markets
CEO
Analysis
Trade
Experts
Bitcoin
Bitcoin dips below $96,000 as Jerome Powell dismisses speculation on Bitcoin reserves
Bitcoin traded lower for the fourth consecutive day on Thursday, weighed down by Federal Reserve Chair Jerome Powell's hawkish tone and comments on the potential of a Bitcoin reserve. In a press conference on Wednesday, Powell stated that the US central bank has no intention of being involved in any government efforts to stockpile large amounts of Bitcoin. «We're not allowed to own Bitcoin,» he said, following the Fed's two-day policy meeting.
20.12 / 06:15
markets
Digital
ETF
Strategy
Software
Experts
PAM
Mirae Asset Mutual Fund changes exit load period and structure of 6 schemes
The fund house informed about this to its unitholders through a notice-cum-addendum. The changes for Mirae Asset Balanced Advantage Fund, Mirae Asset Multi Asset Allocation Fund, Mirae Asset Equity Savings Fund, Mirae Asset Midcap Fund, and Mirae Asset Flexi cap Fund will be effective from January 1, 2025. The changes in Mirae Asset Gold ETF Fund of Fund will be effective from December 24.
20.12 / 06:15
markets
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reports
Updates
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 35.46 points down at 23916.25, while BSE Sensex was 174.03 points at 79044.02 at the time of writing this report.
20.12 / 06:15
markets
IPO
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Manufacturing
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band
Mamata Machinery IPO subscribed over 22 times on Day 2 so far. Check GMP, review and other details
As of 11:10 am, the retail investors had subscribed to the issue by 31.7 times, which was followed by subscriptions from the non-institutional investors (NIIs), who subscribed to the issue by 27 times.
20.12 / 06:15
20.12 / 06:15
markets
Digital
Software
Sustainability
film
Experts
Justice
Superman teaser: James Gunn may deliver the Justice League movie fans have been waiting for so long
Justice League in 2017, followed by Zack Snyder's controversial version of the same film. Despite much anticipation, a sequel to the Justice League—both dreaded by some and hoped for by others—never materialized. The long-awaited Justice League 2 never happened. The sequel would have brought together Superman, Batman, Wonder Woman, Aquaman, Cyborg, and the Flash once again on the big screen. However, according to Screenrant, «after multiple logistical issues with the first film, director Zack Snyder completed his own cut of the movie, concluding his vision for the DCEU and putting a definitive end to the possibility of a direct JL sequel.»
20.12 / 06:15
markets
Digital
Platform
Strategy
Software
Experts
2020
Singapore's bolttech, valued at $2.1 billion, raises over $100 million
The Series C funding round valued the company at $2.1 billion and the investment will be used for further global growth strategy, bolttech said in the statement. That is 31.3% higher than the $1.6 billion disclosed in its previous Series B funding round in May 2023.
20.12 / 06:15
20.12 / 06:15
markets
Digital
Software
Remark
Experts
stage
rowing
Ambedkar row: Opposition MPs hold protest against Amit Shah at Vijay Chowk
Opposition MPs staged a protest at Vijay Chowk here on Friday demanding Home Minister Amit Shah's apology and resignation for allegedly «insulting» BR Ambedkar. They also carried out a protest march from Vijay Chowk to Parliament. Congress general secretary Priyanka Gandhi Vadra also slammed the BJP over the FIR filed against the Leader of Opposition in the Lok Sabha Rahul Gandhi, saying it «shows their desperation level». «The entire country is watching, they have slapped several cases on Rahul Gandhi. They bring in new FIRs and lie...This shows their desperation level,» she told reporters.
20.12 / 06:15
markets
UPS
economy
wellness
Trade
President
country
EMs brace for challenges amid strong dollar and elevated US bond yields: Geoff Dennis
«For the first time Chair Powell kind of tipped his hat to that saying we just do not know what is going to go on. So, in this environment with not much in the way of rate cuts, I thought there will only be two actually in the new dot plot. I thought they would be a bit more hawkish. I am surprised the market was so surprised but there you go,» says Geoff Dennis, Independent Emerging Markets Commentator. What should one be prepared for in the year 2025 because given the fact that you had the Federal Reserve go ahead and lowered their dot plot when you talk about the rate cuts come next year. You saw the markets spook. How should one read into all of these signs because yesterday when you saw the US GDP growth as well, they revised it upwards? Geoff Dennis: It is a difficult environment for emerging markets let me start by saying that and it is summed up by the fact that the Fed is now assumed anyway in terms of the dot plot that the midpoint is two interest rate cuts.
20.12 / 05:53
markets
Digital
Strategy
Software
Micron
Experts
PAM
Micron slumps as bleak quarterly forecast clouds AI-related boost
Micron Technology shares slumped about 15% on Thursday, as a bleak forecast indicating sluggish demand for personal computers and smartphones overshadowed a lift from robust growth in sales of AI-related chips. The market for dynamic random-access memory (DRAM) chips used in personal computers and smartphones has remained under pressure since the end of the pandemic amid a lingering supply glut and sluggish consumer demand. Micron's flash memory chip revenue in fiscal 2025 is expected to be significantly weaker, as sales of such chips are more exposed to PC and mobile phone shipments, Morningstar analyst William Kerwin said.
20.12 / 05:53
markets
UPS
Enterprise
Trade
hospital
Updates
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index traded 16.4 points up at 23968.1, while BSE Sensex was 16.95 points at 79235.0 as of 11:12AM(IST)on December 20.
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