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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
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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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18.12 / 10:29
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Surat Diamond Bourse: World's largest office building echoes loss of shine in its empty halls
Surat Diamond Bourse (SDB), billed as the world's largest office building, remains largely unoccupied a year after its grand opening by Prime Minister Narendra Modi on December 17, 2023. Although the massive 4,200-office complex has been entirely sold out, only 150 offices have become operational so far, ToI reported. The sluggish response is being attributed to the global slowdown in the diamond business, which has tempered the enthusiasm of traders and manufacturers to shift operations from Mumbai's established diamond hubs and Surat's traditional markets to the state-of-the-art bourse. To spark activity, the SDB has hosted multiple events throughout the year to encourage businesses to move in. In the meantime, significant infrastructure and services have been established to support diamond-related operations.
18.12 / 10:29
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US Embassy introduces new visa appointment rules to cut wait times in India
US Embassy in India will implement new rules for scheduling and rescheduling nonimmigrant visa appointments. «To make sure everyone has a fair chance at getting a visa interview appointment and to reduce wait times, we’re making some changes,» the US Embassy in India said in a statement. Applicants will be allowed to reschedule their appointments once without additional charges. However, missing the rescheduled appointment or requiring a second reschedule will necessitate booking a new appointment and repaying the application fee.
18.12 / 10:29
18.12 / 10:29
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Court doors always open to suggestion, demand: SC after Punjab says farmers refusing talks
Punjab government on Wednesday informed the Supreme Court that continuous, elaborate meetings were held with Jagjit Singh Dallewal, farmer leader who is on an indefinite fast at Khanauri border, and other farmers, but they declined interacting with the high-powered committee constituted by it. A bench of Justices Surya Kant and Ujjal Bhuyan was informed by Punjab advocate general Gurminder Singh that the committee invited them on December 17, but protesting farmers did not engage with it. Singh said the state government was trying to persuade the farmers on a daily basis and suggested they could be permitted to submit their demands directly to the court. The top court said, «We clarify that court's doors are always open to any suggestion or demand by farmers directly or through their authorised representative.»
18.12 / 10:29
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Derek O'Brien files privilege notice against Amit Shah over Ambedkar remarks
Trinamool Congress Rajya Sabha leader Derek O'Brien on Wednesday submitted a privilege notice against Home Minister Amit Shah over his remarks on B R Ambedkar, a source said. According to the source, the notice has been filed under Rule 187 of Rules of Procedure and Conduct of Business of the Rajya Sabha. The notice also quoted the statement the home minister made in the Upper House on Tuesday during his reply to a debate on the 75 years of the Constitution. Both Lok Sabha and Rajya Sabha witnessed protests from the Congress and some other opposition parties over Shah's alleged insult of Ambedkar, resulting in both the Houses being adjourned.
18.12 / 10:29
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For Saudi crown prince Mohammed Bin Salman, why sports is more than just business
Mohammed Bin Salman, MBS for his devout, it may be the biggest victory yet in his push to use sport as a way to lure tourists, build influence and improve the country's image. “This is huge for MBS and the Saudi state. Arguably the pinnacle of their sports strategy so far,” said Stanis Elsborg, head of Play the Game, a Denmark-based research body into ethical standards in sport told Bloomberg. “But for MBS, it’s not just about hosting a tournament.” ALSO READ: Elon Musk's net worth reaches record high. Here's how he built his venture
18.12 / 09:57
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Dutch watchdog fines Netflix for not properly informing customers about data use
Dutch Data Protection Authority (DPA) said on Wednesday it fined Netflix 4.75 million euros ($4.98 million) for not properly informing customers about its use of their personal data between 2018 and 2020. The investigation, which started in 2019, showed that «Netflix did not inform customers clearly enough in its privacy statement about what exactly Netflix does with those data,» the DPA said in a statement. «Furthermore, customers did not receive sufficient information when they asked Netflix which data the company collects about them. These are violations of the General Data Protection Regulation (GDPR),» the watchdog said.
18.12 / 09:57
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Seven meme coins to buy now: DexBoss takes the lead over SHIB, DOGE, and Pepe
DexBoss is one of the noteworthy meme coins this season. DexBoss (DEBO) recently began its presale at $0.01 with the target to list at $0.0505. The token will power the DexBoss ecosystem and provide utility through a deflationary buyback-and-burn model that reduces supply to boost scarcity. DexBoss provides decentralised exchange functionalities similar to the ones in the centralised platforms. The model has a set number of tokens, and the demand keeps rising. It, therefore, means there will be long-term value for the investors. This is one opportunity for anyone entering the decentralised finance (DeFI) space.
18.12 / 09:57
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Tamil Nadu CM Stalin announces Rs 400 crore further sum for housing scheme named after 'Kalaignar'
Kalaignarin Kanavu Illam,' Rs 400 crore further allocation has been released, and it will be credited directly to the bank accounts of beneficiaries, Chief Minister M K Stalin announced on Wednesday. Including the additional fund release, a total of Rs 1,451 crore is the sum being disbursed to beneficiaries, according to the present stage of construction, he said. Houses under the scheme has a 360 sq ft built-up area, including a kitchen and construction materials such as cement and steel bars were being provided to beneficiaries at subsidised prices through the state-run TN Cements Corporation.
18.12 / 09:57
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Proposal to impose 35% GST on 'sin goods' not a good idea: SJM
Swadeshi Jagran Manch (SJM) has dubbed the proposal to introduce 35 per cent GST on «sin goods» like aerated beverages and tobacco products as a «bad idea» as it would lead to smuggling and loss of revenue for the country. Besides, other bodies like All India Consumer Products Distributors Federation (AICPDF) and Indian Sellers Collective — an umbrella body of trade associations and sellers across the country — have raised concerns on the recommendations of the GoM on GST rate rationalisation. Earlier this month, the Group of Ministers (GoM) recommended a special rate of 35 per cent on sin goods like aerated beverages, cigarettes, tobacco and related products. The GoM headed by Bihar Deputy Chief Minister Samrat Chaudhary also suggested rationalisation of tax rates on apparel. «Another slab in GST, in the name of luxury and sin goods is primarily a bad idea, which will defeat the very efficiency principle of taxation. Already, a need is being felt among economists that the present number of slabs should be reduced, and the highest 28 per cent slab be abolished,» SJM national co-convenor Ashwani Mahajan said.
18.12 / 09:57
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Pump.fun ban triggers decline in Solana meme coins; investors eye Lunex Network for DeFi
Decentralised Finance (DeFi) is the most significant innovation on the blockchain since the advent of the blockchain itself. What Bitcoin is to gold, DeFi is to banks and finance houses: a way to access finance in the open market on a peer-to-peer basis without the gatekeepers of banks. However, in order to access DeFi, one needs a Master’s in Finance and a PhD in Computing. The new crypto exchange Lunex Network changes all that. Lunex Network is a new hybrid CEX/DEX exchange, and on the face of it, it solves many trading problems. Over 50,000 liquidity pairs, AI trading bots, and non-custodial wallets are just some of the features Lunex Network offers. However, it’s in DeFi where Lunex Network shines. <div data-placement=«Mid Article Thumbnails
18.12 / 09:57
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Formal job creation up 3% under ESIC at 1.78 million in October: Payroll data
Employees’ State Insurance Corporation (ESIC) went up by 3% in October to 1.78 million compared to 1.72 million in October 2023, shows the provisional payroll data released by the ministry of labour and employment on Wednesday. Month-on-month, the formal jobs created under ESIC, however, fell by 13.2% when compared to 2.05 million formal jobs created in September 2024. As per the provisional payroll data, around 21,588 new establishments have been brought under the social security ambit of the ESI scheme in October compared to 23,043 establishments added in September, 2024.
18.12 / 09:57
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MathCo to add 400 employees by fiscal year-end, boosting global workforce to 2,500
MathCo is looking to hire 400-odd people by the end of this fiscal, taking its workforce to 2,500 globally. It has already hired 400 people so far this fiscal. The startup is recruiting AI/ML engineers, data engineers, data scientists and consumption specialists. As its technical workforce grows, the company will also expand its enablement functions to support this growth. While a major focus will be on fresh talent right out of campus, the firm will also continue to hire laterally across profiles. With GenAI being a relatively new and rapidly evolving field, the company is prioritising both internal upskilling and onboarding new talent with relevant backgrounds to strengthen its capabilities in this area.
18.12 / 09:57
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Lok Sabha proceedings adjourned for the day amid Opposition uproar over Shah's Ambedkar remarks
Lok Sabha proceedings were adjourned for the day on Wednesday amid noisy protests by Opposition members seeking an apology from Home Minister Amit Shah for his remarks which they claimed were an insult to B R Ambedkar. When the House reconvened at 2 pm, the protests continued. Soon ministers and MPs tabled parliamentary documents amid the din. Following which P C Mohan, who was chairing the proceedings, adjourned the House for the day. When the House was adjourned for the day, most Opposition members excluding those from the TMC were on their feet raising slogan of 'Jai Bheem' and seeking an apology from Shah.
18.12 / 09:57
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Volkswagen, unions likely to strike deal in small hours or break off till next year, source says
Volkswagen and German unions will most likely either reach a deal in the early hours of Wednesday or adjourn until the new year, a source familiar with discussions said on Tuesday, as the two sides strive to reach a cost-cutting pact before Christmas. After a 13-hour negotiation round on Monday ending after midnight, talks are expected to stretch even further into the early hours of Wednesday, the source said, declining to be named because discussions are private. Both Volkswagen and labour leaders have expressed a keen interest in a deal this year, but they remain far apart on key issues, including the possibility of plant closures, which labour representatives adamantly oppose but which the carmaker insists it cannot rule out.
18.12 / 09:57
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5 IPOs to open tomorrow. Price band, GMP among all things you need to know before subscribing
Transrail Lighting, Sanathan Textiles, DAM Capital Advisors, Mamata Machinery and Concord Enviro Systems will open for subscription on Thursday. Here are key details investors need to know before subscribing.Transrail Lighting IPO Transrail's IPO includes a fresh equity sale of Rs 400 crore along with an offer for sale of 1.01 crore equity shares by promoter Ajanma Holdings. The company has priced the IPO at Rs 432 at the upper end.
18.12 / 09:39
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Understanding the silent struggle of expectant fathers
Subscribe to enjoy similar stories. For years, Sahil and Prerna had yearned for a child, and when the news finally arrived, it was a dream come true. But amidst the initial euphoria, a quiet storm brewed within Sahil.
18.12 / 09:39
18.12 / 09:39
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A revival of the Xi-Trump ‘bromance’ could keep China-US relations from getting too frosty
Subscribe to enjoy similar stories. Xi Jinping and Donald Trump’s bromance could be rekindled in 2025, if both sides play their cards right. This is positive and would help create the right environment for an improvement in ties between the two superpowers, but timing and tone are everything.
18.12 / 09:37
18.12 / 09:37
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California's Pacific Gas & Electric could receive $15B in federal loans to modernize its power grid
Pacific Gas & Electric Co. could receive up to $15 billion in federal loans to help the utility modernize its power grid and expand clean energy infrastructure across central and northern California
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