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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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16.12 / 22:43
16.12 / 21:37
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China fudges official GDP numbers? Here's what a top economist is saying
China while suggesting that they might be really inflated, reported Business Insider. According to Business Insider, while speaking at an event which was hosted by the Peterson Institute for International Economics, Gao Shanwen eventually stated that the actual GDP growth of China could be averaging somewhere around 2% over the past two to three years, in spite of the official figures reporting close to nearly 5%. He also made a speculation that the future growth rates might realistically range between 3% and 4%, while the government will likely continue to report around 5%. Also Read :It's official! Don Jr. and Kimberly Guilfoyle had a friendly split; source says, she is intelligent, sm
16.12 / 21:37
markets
Apple
Software
NVIDIA
AMD
reports
One reason why investors should not write off this AI stock that can challenge Nvidia
AI GPU researches, the last couple of years have been simply ecstatic for the company, which has even surpassed Apple in terms of market capitalization. Such is its craze that Apple is now trying to cut down its massive demand by bringing in collaboration with a different company for the iPhone maker's chips, according to a previous ET report. Meanwhile, there is another tech company, AMD, which is also exceedingly popular, and will be taking on Nvidia in a major way in the coming year, as per latest reports from market reports.
16.12 / 21:37
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Forbes
mtv
World's richest musician Jay Z may lose a lot of money if he is convicted in the sexual assault case; here's how his businesses stack up
Jay-Z entered the music industry and used a few business ventures to build his billion-dollar empire. Forbes estimates that the Renegade rapper, whose real name is Shawn Carter, will be worth $2.5 billion by 2024, making him the first billionaire in hip-hop, as quoted in a report by Fox News. It's unclear if the claims that Jay-Z raped a child with Sean Diddy Combs following the 2000 MTV VMAs will have an impact on any of his multiple lucrative endeavours, which include collaborations with the NFL, a music streaming service, and an international entertainment agency.
16.12 / 21:37
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Citizens
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If you want to leave U.S then these 10 countries offer Golden visa, but there's a catch; here's what it is
US citizens expressing their eventual interest in moving abroad specifically as they seek alternatives to life under US President- elect Donald Trump. According to New York Post, immigration law firms have reported a surge in inquiries about residency and citizenship options while many people are considering real estate investments as a pathway to secure residency in foreign countries. New York Post reported that the countries which are offering ‘golden visas’ linked to real estate investments are becoming increasingly popular with passing days. These programs actually allow individuals to gain residency by purchasing property, while that can be often at lower prices than comparable homes in the US. Also Read: Man on the Inside Season 2: Everything we know about renewal
16.12 / 21:37
markets
Fighting
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Sony
Experts
Messi and the Giants: Lionel Messi animated show’s where to watch, plot and production
Lionel Messi’s animated series is set to entertain young viewers globally. Titled Messi and the Giants, the series blends adventure with creativity and will be available on Disney platforms.
16.12 / 20:13
markets
UPS
MicroStrategy
Trade
Bitcoin
reports
Bitcoin Tops $107K, MicroStrategy Buys More
Bitcoin (BTCUSD) prices shattered another record, rising above $107,000 with growing optimism around reports that President-elect Donald Trump may be considering establishing a bitcoin strategic reserve.
16.12 / 20:03
markets
Citi
Software
show
stars
reports
Despite mansion break-in at Travis Kelce's home, Taylor Swift to spend Christmas with the NFL star at Kansas City
Taylor Swift intends to remain in Kansas City despite the break-in at Travis Kelce's mansion. The famous couple is anticipating a special holiday season together. Taylor Swift is content to relax and watch Travis Kelce get down to business after having the time of her life in 2024. The superstar singer is now formally, and rightfully, putting her feet up for the holiday season after performing the final of an amazing 149 shows on her successful Eras tour last weekend, as quoted in a report by The US Sun. Taylor will spend some time in Kansas with boyfriend Travis, according to a report by The U.S. Sun. This comes just one month after robbers broke into the mansions of Taylor and his friend Patrick Mahomes. Travis is frantic to get his first-ever Super Bowl jersey back, as well as expensive watches and other items that were taken during the raid.
16.12 / 20:03
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Software
awards
Death
AVP
stage
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ET Awards for Corp Excellence: Kumar Mangalam Birla -business leader of the year – redefining legacy, shaping tomorrow
Aditya Birla Group, capped by entry into the elite $100 billion market capitalisation club. The group’s cement business consolidated its position as the largest in India through multiple acquisitions. It entered paints with a plan to add a massive 40% of the industry’s production capacity. Group company Vodafone Idea, India’s third largest telecom player, raised `18,000 crore through the biggest-ever domestic follow-on public offer. Helmed by 57-year-old Kumar Mangalam Birla — the fourth generation of the Birla family — the group has also forayed into competitive branded jewellery. The jury recognised the outstanding year the group has had, picking Birla as Business Leader of the Year in a unanimous vote. What Kumar has achieved — $100 billion market capitalisation for the group this year — is enormous, said one jury member. Established early in the 20th century by Ghanshyam Das Birla, the group started off in industries critical to nationbuilding, with the next leg of growth — led by Aditya Vikram Birla — focusing on establishing it on the global stage.
16.12 / 20:03
16.12 / 20:03
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Extreme
Fox
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Is Joe Biden focused on sabotaging incoming Trump admin in final weeks in office? Here's what reports are saying
Fox News host Sean Hannity pretty harshly criticized US President Joe Biden for allegedly focusing on ‘sabotaging’ US President- elect Donald Trump's upcoming administration during his final weeks in office, reported Fox News. According to Fox News, Sean Hannity actually characterized the administration of Joe Biden as extremely ‘pathetic’ while labelling him as the ‘worst, most corrupt, most incompetent, most divisive, one-term president in modern American history’. He also placed an argument that certainly instead of working to improve the country, Joe Biden is actually making decisions that are extremely ‘dumb’ and ‘dangerous’. Also Read: Challenge to JD Vance? Kamala Harris will run for the 2028 US Presidential elections; says, 'don't write me off, you haven’t seen the last of me'
16.12 / 20:03
markets
Manufacturing
Mobile
Software
country
electronic
information
ET Awards for Corp Excellence: Ashwini Vaishnaw named business reformer of the year for driving growth
Ashwini Vaishnaw as Business Reformer of the Year for his significant contributions across different ministries over the last few years. A Wharton Business School alumnus and a former Indian Administrative Service officer, Vaishnaw helms the ministries of railways, electronics & information technology, and information & broadcasting. He has spearheaded policy to make the country a manufacturing hub and is overseeing a massive capital expenditure programme to modernise the Indian Railways. From locally made mobile phones and IT hardware to rolling stock for the railways, his mantra has been to create a conducive environment for both private and public investments and lift domestic production. Even as Made in India mobile phone shipments reached record highs in the last two years under his watch, production-linked incentive (PLI) schemes for IT hardware and telecom equipment have been rolled out. Electronics manufacturing giants such as Apple, Samsung, Dell, HP, Oracle, Jabil and Foxconn have set up new plants in India or expanded existing facilities. “Manufacturing in India has been completely transformed with the country now exporting goods that it imported,” Vaishnaw said last week. India is also set to become a semiconductor centre. Global companies such as Micron and joint ventures such as TataPSMC have already committed billions for manufacturing and assembling chips in India.
16.12 / 20:03
markets
Booking
SUN
Software
awards
wellness
ET Awards for Corp excellence: Capital leveraged well under her watch, meet the businesswoman of the Year
Vishakha Mulye was chosen as Businesswoman of the Year for her role in driving growth at the financial services arm of Aditya Birla Group as chief executive of Aditya Birla Capital (ABCL). Mulye, who assumed charge in July 2022 after working at ICICI Bank for 30 years, successfully transitioned the non-banking finance company (NBFC) from a book dominated by large lumpy wholesale clients toward smaller, better-yielding retail clients. In the two-and-a-half years at the helm, Mulye has raised 4,000 crore of capital at the holding company level, selling part of the company’s stake in the broking business, and divesting shares in the asset management company. Additionally, she consolidated the financial services business by merging the NBFC with itself. Under her leadership, the holding company’s assets under management rose to `. 5 lakh crore from `. 3.55 lakh crore, and the consolidated lending book doubled to `. 1.38 lakh crore from `. 67,887 crore. She won the category in a tight vote, indicating the level of the competition among the women nominees. “Vishakha is a very good manager… and is working towards transforming Aditya Birla Capital,” said one jury member.
16.12 / 20:03
markets
UPS
Software
awards
Food
AVP
Lite Bite Foods in talks to sell minor stake to strategic investors
Lite Bite Foods, which runs restaurant chains Punjab Grill, Street Foods, YouMee and Asia 7, has initiated talks with private equity firms and strategic investors to sell a minority stake in the company, executives with knowledge of the development said. The company's two promoters, Amit Burman of the Dabur family and co-founder Rohit Aggarwal, will continue to hold significant majority stake in the business, according to the executives. «Lite Bite Foods is exploring multiple options to bring in either private equity players or a strategic investor onboard. The talks are in exploratory stages,» according to one executive. The company is looking to accelerate growth at a time when competition in the specialised dining space is heating up and investor interest has accelerated.
16.12 / 20:03
markets
Software
awards
stage
politician
International
Editorial
ET Awards: GPS of geopolitics made in India, meet the Global Indian of the year
Fareed Zakaria emerged as the consensus choice for Global Indian of the Year, a jury member endorsed him by stating, “He undoubtedly does more for India on the global stage than any other Indian.” This recognition is a testament to the prominent Indian-American journalist, political commentator and author’s global renown for his sharp and insightful take on international affairs and complex geopolitical matters. Born on January 20, 1964, in Mumbai, Zakaria hails from a distinguished Konkani Muslim family. Father Rafiq Zakaria was a respected politician and Islamic scholar, while mother Fatma was an accomplished journalist, who worked at The Times of India and elsewhere.
16.12 / 20:03
Provident
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WhatsApp
Experts
prevention
medicines
Pharmaceuticals
Pharma lobby, govt meet to discuss OTC drug regulation
pharma companies and government officials will meet Tuesday to iron out issues regarding over the counter (OTC) drugs. «Appropriate use of OTC drugs improves accessibility and affordability for treatment and prevention of commonly occurring conditions.
16.12 / 20:03
16.12 / 19:07
markets
Provident
BLOCK
Action
Software
reports
Updates
Trai to roll out user-friendly DND app to combat spam menace
Trai) will launch an updated and more user-friendly 'do not disturb' (DND) app soon to provide mobile phone users some respite from spam. The app is planned to be launched in two months after deliberations with stakeholders on the technical feasibility of the new features, Trai chairman AK Lahoti told ET. «The intention is to make it user-friendly… the experience should be good, and it should become the preferred app for DND registration,» Lahoti said, adding that additional functionalities that can be built in, such as reporting and blocking spam calls, need to be examined.
16.12 / 19:07
markets
Strategy
Software
Experts
PAM
Courts
Those disregarding Constitution, Tricolour lecturing us: Kharge
Mallikarjun Kharge while participating in the Constitution debate, attacked the ruling BJP for promoting "hate politics". Kharge also responded to Prime Minister Narendra Modi's «jumla» charge at the Congress and said that it's his government which was fooling people with false promises. Arguing against the BJP's charges, Kharge said that it was under the Indira Gandhi government in 1971 that the Indian forces divided Pakistan into two parts and liberated Bangladesh. He also urged the Centre to ensure the safeguarding of Hindu minorities in the neighbouring country. He said that BJP leaders keep abusing Jawaharlal Nehru as well as Mahatma Gandhi and then go on to give lectures on probity in public life. «Merely pointing fingers at each other won't help. The Jan Sangh had once aimed to structure the Constitution based on the laws of Manusmriti. This was the intent of the RSS. Those who despise the tricolour, the Ashoka Chakra and the Constitution are lecturing us. On the day the Constitution was implemented, these people burnt the effigies of Ambedkar, Mahatma Gandhi and Nehru at Ramlila Maidan. They insult the Nehru-Gandhi family without shame,» he said.
16.12 / 19:07
markets
Strategy
Software
Experts
PAM
country
reports
BJP asks Congress to return Nehru letters that museum gave Sonia
Prime Ministers' Museum and Library, and wondered what were in these documents which the Gandhi family didn't want to become public. BJP MP Sambit Patra cited reports of the Prime Ministers' Museum and Library's (PMML) deliberations on the issue to note that Nehru's correspondence with Edwina Mountbatten, wife of the last British viceroy to India, and eminent leaders Jayaprakash Narayan and Jagjivan Ram lay with the erstwhile Nehru Museum and Library Society, which returned them to Sonia Gandhi in 2008. Addressing a press conference, Patra said the historical documents belonged to the country and were not anyone's personal property.
16.12 / 19:07
markets
UPS
Digital
Manufacturing
Software
Food
Wholesale inflation drops to 1.9% in November as food prices cool
food prices moderated, official data released Monday showed. The Wholesale Price Index-based inflation was 2.4% in October. A year earlier, it was 0.4%. On an average, wholesale inflation accelerated to 2.1% in fiscal 2024-25 till November, compared with a contraction of 1.3% in the corresponding period last year.
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