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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
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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18.12 / 16:45
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Logan Paul vs Conor McGregor: Venue of Youtuber-turned-boxer and UFC MMA legend's fight is out. Details here
MMA) fighter Conor McGregor has reached a preliminary agreement to fight American social media influencer-turned-fighter Logan Paul in an exhibition boxing match, the former UFC champion said on social media on Tuesday. McGregor, who was ordered to pay damages last month after a jury in a civil trial at Ireland's High Court found he assaulted a woman in 2018, said the fight would take place in India but did not specify when it would potentially occur. «I am in preliminary agreements with the Ambani family to face Logan Paul in a boxing exhibition in India. I have agreed,» McGregor wrote on X. «I will then seek my return to the Octagon,» he posted.
18.12 / 16:45
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Parke
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Features
Treebo parent THV strengthens presence in mid-market segment with the launch of new hotel brand, ‘Medalio’
Treebo Hospitality Ventures (THV) announced the launch of its new premium hotel brand called ‘Medalio’ on Wednesday. This launch comes close on the heels of the opening of Park Inn & Suites by Radisson Thrissur, the company’s first hotel under its master franchise partnership with Radisson Hotel Group to address the vast opportunity in the mid-market segment with a price range of Rs 3,500-6,000. The company said derived from the word ‘medallion’, Medalio hotels will come with 'elegant' decor, 'spacious' rooms, wider breakfast spreads, and premium Kimirica toiletries besides other amenities.
18.12 / 16:45
markets
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Bill
Experts
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Pakistan govt introduces bill to bar non-filers from opening bank accounts, buying cars above 800cc
The amendment proposed that non-filers would be banned from purchasing shares above a certain limit and opening a bank account. They will not be able to make transactions through a bank beyond a certain limit.
18.12 / 16:45
markets
Digital
Platform
Software
Align
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Schools
Fintech platform Kissht onboards cricketing legend Sachin Tendulkar
Sachin Tendulkar embodies the values of trust, integrity, and excellence that perfectly align with Kissht’s mission to make digital financial services accessible, transparent, and seamless for millions of Indians. The association will include various campaigns and integrated marketing initiatives that Tendulkar will participate in. Expressing his thoughts on this association, Sachin Tendulkar said, “It’s a delight to be associated with Kissht, a brand that aspires to help Indians meet their aspirations through the power of finance. Kissht’s focus on trust and accessibility struck a chord with me, and I look forward to supporting their journey in building one of the most trusted and respected digital financial platforms for millions of Indians.”
18.12 / 16:45
markets
IPO
Analysis
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show
Sebi board approves stricter rules for SME market, including financial stability before IPOs
SME IPO market, improve the quality of listings and protect investors' interest. These new rules aim to address concerns around transparency, governance, and the misuse of funds in the booming SME segment.
18.12 / 16:45
markets
UPS
Provident
Progressive
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Mizoram partners with banks to boost economic growth through handholding scheme
Mizoram government on Wednesday signed agreements with the partner banks to provide banking loans under the state's flagship initiative, the handholding scheme – 'Bana Kaih', designed to promote economic growth and self-sufficiency. The 'Bana Kaih' scheme, launched in September this year, is the state government's flagship programme aimed at fostering self-reliance and inclusive economic development in the state. The primary objective of the scheme is to contribute to the realisation of 'Viksit Bharat' (developed India) and the achievement of the United Nations Sustainable Development Goals (SDGs).
18.12 / 16:25
18.12 / 15:39
UPS
Action
Strategy
Updates
Coutts and JP Morgan fund updates investment policy to access catastrophe bonds
According to a notice to shareholders seen by Investment Week, the change to the Coutts Diversifying Alternatives Multi-Manager fund will come into effect on the 14 January 2025. The move comes shortly after the fund was launched earlier this year. In early May, Coutts teamed up with JP Morgan AM to launch the strategy, allowing Coutts and NatWest clients to diversify their assets within equity or bond portfolios. Shareholders comfortable with the change will not need to take action but those not in favour of the alteration will have the option to switch their investment to anot...
18.12 / 15:39
markets
UPS
CEO
Exodus
Number of UK companies mulling moving their listing doubles in 12 months
According to Teneo's latest CEO and Investor Outlook Survey, 56% of UK-based businesses took into account listing abroad in 2024, up from 27% a year before. The latest figures came after a year which saw the London Stock Exchange suffer its largest exodus since the 2009 financial crisis. According to data from the London Stock Exchange Group, a total of 88 companies have delisted or transferred their primary listing from London's main market in 2024, with a mere 18 taking their place. Over the past couple of weeks, FTSE heavyweight Ashtead Group became the latest company to announ...
18.12 / 15:39
rights
Two thirds of young investors spend less than a day contemplating investment decisions
The survey published today (18 December), which polled 2,000 respondents across the UK, found that 66% of those aged between 18-40 reach investment decisions in less than a day, with 14% deciding to purchase investments in under one hour. Meanwhile, just 11% spend over a week trying do conclude whether an investment is right for them. However, out of all the respondents 40% said they regretted investing in hyped investment products. Fund managers more bullish on global growth following Trump win By contrast, a significant percentage of the total (63%) of individuals who argued t...
18.12 / 15:39
markets
security
Trade
Inside
FCA claims insider trading will be allowed under PISCES framework
On Tuesday (17 December), the FCA announced it was launching consultation to help facilitate the implementation of the Private Intermittent Securities and Capital Exchange System (PISCES) framework in May 2025, a key ambition outlined in chancellor Rachel Reeves' November Mansion House speech. FCA launches consultation on private stock market in boost to PISCES framework «Next year we will ring the bell on a new private stock market that could transform how private companies access funds and grow. It will offer investors more access and a greater confidence to invest in private compa...
18.12 / 15:01
markets
Digital
Booking
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film
Actor
Experts
HBO’s Harry Potter Series: All you may want to know about filming, release window and creative team
HBO plans to reintroduce Harry Potter in a long-form episodic format. The series will trace Harry’s journey from discovering he is a wizard to his struggles against Lord Voldemort. Showrunner Francesca Gardiner and director Mark Mylod, known for their work on “Succession,” will lead the project. The show will bring the story back to its origins while expanding on existing narratives.
18.12 / 15:01
markets
DOW
WhatsApp
US stocks open flat as markets brace for Fed rate decision
Wall Street's main indexes opened flat Wednesday, as investors turned cautious ahead of the Federal Reserve's final rate decision of the year and awaited signals on whether policymakers will take a more cautious stance in 2025. The Dow Jones Industrial Average rose 9.8 points, or 0.02%, at the open to 43,459.72.
18.12 / 15:01
markets
Digital
Strategy
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President
Interviews
Nitish Kumar to lead NDA in 2025 assembly polls: Bihar BJP chief
Union Home Minister Amit Shah in response to a query about Kumar, who heads the JD(U). In an interview with a private news channel, Shah, who is a former BJP president, had evaded a direct reply when he was asked whether the NDA would adopt in Bihar a strategy similar to that in Maharashtra where it went to polls without declaring a chief ministerial candidate and got a landslide victory. Shah, who is widely regarded as the second-most powerful person in the BJP after Prime Minister Narendra Modi, had replied after a pause, «We will sit together and decide on the issue. Once we take a decision, we will let you know.»
18.12 / 15:01
markets
UPS
Strategy
Software
RAI
Congress worker dies during protest near UP Assembly, party alleges 'police brutality'
Uttar Pradesh Assembly on Wednesday, with its UP unit chief Ajay Rai claiming that he died due to «police brutality». Police said 28-year-old Prabhat Pandey, a native of Gorakhpur, was brought dead to the hospital from Congress office. «Prabhat Pandey was brought to the Civil Hospital in Hazratganj in an unconscious condition from the Congress office. The doctors declared him brought dead,» DCP (Central Lucknow) Raveena Tyagi said. «Prima facie, according to doctors, there was no visible injury mark on his body. Apart from this, a post-mortem would be done by a panel and the process would be videographed. Accordingly further legal proceedings would be carried out,» Tyagi added.
18.12 / 15:01
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security
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country
INS Nirdeshak commissioned into Indian Navy at Visakhapatnam Naval Dockyard
INS Nirdeshak, the second ship of the Survey Vessel (large) project, was commissioned into the Indian Navy, in a ceremony presided over by Sanjay Seth, Union Minister of State for Defence, at Naval Dockyard in Andhra Pradesh's Visakhapatnam on Wednesday. Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern Naval Command hosted the commissioning ceremony marking the formal induction of the second of the four ships of the Survey Vessel (Large) project under construction at Garden Reach Shipbuilders & Engineers (GRSE) Kolkata. The ship is designed to conduct hydrographic surveys, aid in navigation, and support maritime operations. Speaking on the occasion Sanjay Seth said that highly specialised ships — the Survey Vessels — play a vital role in charting the oceans. These are sophisticated niche platforms that allow for a more accurate collation of oceanic data, its precise processing and as a result, highly reliable charts that enhance maritime operations and safety.
18.12 / 15:01
markets
Digital
Software
Sustainability
hospital
reports
recommendations
Reimagining workforce horizons: Tourism & hospitality sector poised for 61 lakh new jobs by 2036-37, says report
As per the report, despite setbacks from the Covid-19 pandemic, the tourism and hospitality sector is witnessing a strong resurgence, fueled by domestic tourism. By 2036-37, spending in this sector is projected to rise by 1.2 times, driving the need for an additional 61 lakh workers, comprising 46 lakh males and 15 lakh females.
18.12 / 15:01
markets
UPS
BLOCK
Department
Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore
ecommerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4% stake in the company for Rs 276 crore through an open market transaction. US-based Amazon, through its investment arm Amazon.com NV Investment Holdings, sold nearly 44 lakh shares or 4% stake in Mumbai-headquartered Shoppers Stop, as per the block deal data on the National Stock Exchange (NSE). The shares were offloaded at an average price of Rs 627.60 apiece, taking the transaction value to Rs 275.89 crore. Asset and wealth management company 360 One, through its four affiliates, acquired stakes in Shoppers Stop. Also, Kotak Mahindra Mutual Fund (MF), Tata MF and Morgan Stanley also picked up shares in the department store chain at the same price.
18.12 / 15:01
markets
awards
WhatsApp
wellness
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Indian firms borrowing intentions at $5.5 bn in October
Indian firms sought to raise $5.5 billion from the overseas market in October through the external commercial borrowing (ECB) and foreign currency convertible bond (FCCB) route, the latest RBI data shows. ECB registrations through combined automatic and approval route in October was higher sequentially from $4.8 billion in September as well as year on year basis from $765 million last October.
18.12 / 15:01
markets
Digital
Fighting
Software
War
country
World War III just years away? Putin's minister gives chilling warning, reveals Russia Vs NATO conflict date
“The Ministry of Defense of Russia must be ready for any development of events, including a possible military conflict with NATO in Europe in the next decade,” Belousov said. The comments by the Putin minister came as US-President elect Donald Trump has called for a rapid end to the fighting. “We’re trying to get the war stopped, that horrible, horrible war that’s going on in Ukraine, Russia, Ukraine. We’re going to get a little progress, it’s a tough one, it’s a nasty one, it’s nasty," Trump had said.
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