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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
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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17.12 / 17:51
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Facebook owner hit with 251 million euros in fines for 2018 data breach
European Union privacy watchdogs hit Facebook owner Meta with fines totaling 251 million euros after an investigation into a 2018 data breach on the social media platform that exposed millions of accounts
17.12 / 17:51
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PGA Tour to hire CEO to run expanding business. Jay Monahan stays on as commissioner
The PGA Tour is hiring a CEO for the first time
17.12 / 17:51
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'Bluey' is bound for the big screen with a feature film coming in 2027
“Bluey” is heading to the big screen
17.12 / 17:51
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Who wants a pig organ? Patients sick and tired of waiting years for a transplant
People worried they'll never get a scarce human transplant want to know when they might get a pig kidney instead
17.12 / 16:53
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Shareholder nay to related party transactions may jeopardise Kalyani Group firm
Subscribe to enjoy similar stories. The minority shareholders of the Kalyani Group company Automotive Axles Ltd (AAL) have rejected related party transactions with Meritor HVS India Ltd (MHVSIL), potentially disrupting its operations. This decision was influenced by concerns raised by proxy advisory firms about transparency and potential erosion of shareholder value.
17.12 / 16:43
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DPIIT signs MoU with HDFC Bank, Tally Solutions to assist startups
HDFC Bank and Tally Solutions to help startups growth. Under the MoU with the bank, startups will benefit from customised banking and financial products designed to cater to their specific requirements, such as working capital, credit access, and cash flow management. Sumeet Kumar Jarangal, director of Startup India, said by leveraging the bank's expertise and resources, DPIIT aims to provide startups with seamless access to financial services and innovative solutions. «This collaboration will not only effectively combat the critical challenges like funding and financial management but also create a conducive environment for startups to innovate and flourish in a result-oriented manner,» he said.
17.12 / 16:43
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Once a household name, is iconic car maker Ford in dire straits? Jefferies downgrades shares to Underperform from Hold, cuts price target to $9 from $12
recession fears becoming a major point of concern for the US stock market in the coming days, due to the incoming Donald Trump administration at the White House in January, things may get even more complex in the coming days. Also Read: Who is Rex Heuermann, suspected serial killer charged with seventh murder in Giglo Beach killings case? The automobile industry's stocks have not been a part of the massive bull run but have maintained a steady rise in the last couple of years, and have also contributed quite well to the top stock indices, as per reports.
17.12 / 16:43
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War
Throwing youths into war zone matter of shame: Priyanka slams UP CM over 'Israel' remarks
Uttar Pradesh Chief Minister Yogi Adityanath, Congress MP Priyanka Gandhi Vadra on Tuesday said throwing youths into the war zone in Israel for «employment» is not an achievement but a matter of shame. Her remarks came after Adityanath took a veiled jibe at Priyanka Gandhi for carrying a handbag to Parliament that had 'Palestine' emblazoned on it. «Yesterday, a Congress leader was seen walking around Parliament carrying a Palestine bag, while we are sending our youth to Israel for opportunities. »So far, more than 5,600 youth from Uttar Pradesh have gone to Israel for construction work. Every youth gets free food and accommodation besides a monthly salary of Rs 1.5 lakh there. There is also full guarantee of safety," Adityanath said on the second day of the Winter Session of the Uttar Pradesh Assembly.
17.12 / 16:43
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Supriya Lifescience opens new API block at Lote Parshuram site in Maharashtra
Supriya Lifescience on Wednesday opened a new multipurpose active pharmaceutical ingredient (API) production block, Module E, at the Lote Parshuram site, in Maharashtra. The facility, developed with an investment of approximately Rs 120 crore, adds a substantial capacity of 335 kiloliters to the company’s operations. This expansion boosts the Lote Parshuram capacity by over 55%, increasing it from 597 KLPD kilo liters per day) to 932 KLPD. The new production block is designed to support Supriya’s strategic focus on expanding its R&D capabilities and scaling up its pipeline of innovative products.
17.12 / 16:35
markets
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Tethered drones deployed for comprehensive aerial surveillance of Maha Kumbh
Tethered drones have been deployed in the Maha Kumbh area to provide comprehensive aerial surveillance ahead of next year's event, officials said on Tuesday. The high-tech device capable of capturing high-resolution images, videos, and sensor data leaves no corner of Mahakumbh Nagar unmonitored, they said. Held every 12 years, the Maha Kumbh is scheduled to take place in Prayagraj from January 13 to February 26. The state-of-the-art system is a major step towards safeguarding the devotees, officials said, adding that Senior Superintendent of Police (SSP) Rajesh Dwivedi has appointed an expert team to oversee its operation.
17.12 / 16:35
markets
Citi
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Bengaluru weather: Brace for the coldest night in over a decade, temperature may drop to 1o°C
Bengaluru is set to experience its coldest December night in over a decade this week, with temperatures predicted to drop to 10°C, breaking an over a decade-old record. The India Meteorological Department (IMD) forecasts that this temperature could be the lowest since 2010, surpassing the city's previous coldest December night in 2011.
17.12 / 16:35
17.12 / 16:35
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H-1B visa overhaul gets White House nod, providing big relief for international students, entrepreneurs
USCIS) has introduced sweeping reforms to the H-1B visa program, refining eligibility standards and offering new flexibility to both employers and skilled foreign workers. The regulations, finalized on Tuesday, reintroduce a “prior deference” policy for visa extensions and address long-standing concerns regarding the program's integrity and accessibility.
17.12 / 16:35
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All of a sudden Biden and Co says drone mystery has been solved; here's the reason they cited
New Jersey and other East Coast states during a latest CNN interview while asserting that these drones do not pose a public safety or national security threat, reported Daily Beast. According to Daily Beast, he gradually explained that the drones in question are likely lawful commercial, hobbyist or might be law enforcement drones while emphasizing on the very fact that millions of drones operate legally across the US on a daily basis. John Kirby also noted that federal authorities have recently analyzed more than thousands of tips and sightings which actually concludes that there is no evidence of any illegal activity associated with these drones. Also Read :Elon Musk once called Apple co-founder Steve Jobs a jerk; dubs Apple as Tesla's graveyard; here's all he said about the iPhone maker and its founder
17.12 / 16:35
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Who is Rex Heuermann, suspected serial killer charged with seventh murder in Giglo Beach killings case?
Rex Heuermann's case has drawn significant attention due to its complexity and the number of victims involved over many years. Heuermann a 61-year-old architect from New York has been identified as the primary suspect in a series of murders known as the Gilgo Beach killings. Prosecutors claim they have substantial evidence linking Heuermann to multiple murders, but he maintains his innocence. He was arrested last year and has since been charged with multiple counts of murder, including a recently added charge for the death of Valerie Mack, bringing the total number of murder charges against him to seven. Heuermann has pleaded not guilty to the charges related to the six women previously identified, known as the «Gilgo Four,» whose remains were discovered on Long Island. He lived with his family in Massapequa Park on Long Island and commuted to a Manhattan architecture office. Also Read: All of a sudden Biden and Co says drone mystery has been solved; here's the reason they cited
17.12 / 16:35
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stage
Tripartite talks on Frontier Nagaland advance, says ENPO
Eastern Nagaland Peoples' Organisation (ENPO), which has been demanding a separate ‘Frontier Nagaland Territory (FNT) said that the tripartite talks with the Centre and the state government are in an advanced stage. ENPO is seeking a separate ‘Frontier Nagaland Territory (FNT)’ comprising six districts for seven backward tribes. ENPO General Secretary M. Honang Konyak said that they are optimistic that the Central government, led by Prime Minister Narendra Modi, would not fail in fulfilling the proposed offer of FNT by the Centre in the interest of the people of eastern Nagaland.
17.12 / 16:35
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CAG highlights misuse risk in capital goods export scheme system
Directorate General of Foreign Trade (DGFT) does not check the veracity of the documents submitted. The EPCG scheme allows import of capital goods for pre-production, production and post-production at zero customs duty to produce quality goods and services.
17.12 / 16:35
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BBC
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Bluey animated film announced by Disney+ and BBC; the beloved Pup hits the big screen in 2027
Bluey animated film. In her first feature film, Bluey, the puppy and star of the Bafta-winning children's television program, is making her big screen debut, as quoted in a report by BBC. In Australia, Disney+, ABC iView, and ABC Kids will stream it after it opens in theatres in 2027. Disney and BBC Studios, the BBC's commercial division, are collaborating on the project.
17.12 / 15:53
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RBI lifts restrictions on two Edelweiss Group cos
RBI) has lifted the business restrictions on Edelweiss Group's NBFCs, ECL Finance and Edelweiss Asset Reconstruction Co (ARC) after being satisfied with the remedial measures put by both companies. “Having satisfied itself based on submissions and remedial measures put in place by these companies to address the concerns of RBI and their commitment to ensure adherence to the regulatory guidelines at all times and on an ongoing basis, the Reserve Bank has decided to lift the afore-mentioned restrictions placed on ECL Finance Limited and Edelweiss Asset Reconstruction Company Limited, with immediate effect,” RBI said in a press release. On May 29, RBI had imposed restrictions on both companies for what it described as 'material' transgressions that allegedly involved 'evergreening of stressed assets'. ECL Finance was directed to cease and desist from undertaking any structured transactions in respect of its wholesale exposures, other than repayment and/ or closure of accounts while Edelweiss ARC was directed to stop acquisition of financial assets including security receipts (SRs) and reorganising the existing SRs into senior and subordinate tranches.
17.12 / 15:53
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Ahead of Market: 10 things that will decide stock market action on Wednesday
HDFC Bank and ICICI Bank, along with declines in blue-chip stocks like Reliance Industries and Bharti Airtel weighed on the benchmarks. The benchmark BSE Sensex lost 1064.12 points or 1.30% to settle at 80,684.45, while the broader Nifty 50 index closed at 24,336.00, lower by 332.25 points or 1.35%.
17.12 / 15:53
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India’s electrical and electronics industry set to hit $130 billion by 2030: ELECRAMA 2025 preview
IEEMA and Chairman of ELECRAMA 2025, said. “Presently, the industry size is USD 70 billion in India, with USD 12 billion in exports. We are poised to grow to a USD 130 billion industry with exports of USD 25 billion by 2030,” Vikram Gandotra told ET. ELECRAMA 2025, the world's largest electrical show, will take place from February 22 to 26, 2025, in Greater Noida. A flagship showcase of the Indian Electrical & Electronics Manufacturers' Association (IEEMA), in collaboration with the Union Ministry of Heavy Industries, it will bring together industry leaders, innovators, and policymakers from around the world. The event will feature exhibitions, technology showcases, networking opportunities, and events that will serve as a springboard for the Indian electrical industry.
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