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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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MET
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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16.12 / 12:41
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Hyundai
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Bharat Mobility Global Expo 2025: Hyundai Creta EV, Maruti E Vitara and other EVs expected to debut next month
The eagerly awaited Bharat Mobility Global Expo, set to take place from January 17 at Bharat Mandapam in Pragati Maidan, Delhi, is shaping up to be a major event for electric vehicle (EV) enthusiasts, reported HT Auto. With 34 manufacturers confirmed to participate, the event promises to showcase some of the greatest electric cars, with many manufacturers unveiling new models. Among the key highlights will be Maruti Suzuki’s first-ever electric car and the debut of VinFast, a new entrant from Vietnam.
16.12 / 12:41
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Provident
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Landmark
Strategy
Software
How talent from top tech services companies is changing the game for laggards
Subscribe to enjoy similar stories. Bengaluru: When Pune-based Persistent Systems crossed the $1 billion revenue mark in FY23, a tech services leader asked founder Anand Deshpande how the company, which was formed in 1990, had finally gone past the landmark figure. An industry veteran recounted to Mint that Deshpande smiled when the question was posed, then responded saying, “Credit goes to our team." That team, under chief executive officer (CEO) Sandeep Kalra, who had joined Persistent in May 2019, put the technology services and solutions company on the path to rapid growth, increasing revenue from $501 million in 2020 to $1.18 billion in FY24.
16.12 / 12:29
16.12 / 12:27
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Google
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Godavari Biorefineries to invest Rs 130 crore for enhancing ethanol production
Godavari Biorefineries on Monday announced a Rs 130-crore investment to enhance ethanol production. The investment will be in a corn/grain-based distillery to further strengthen its ethanol production capabilities, the company said in a statement. The Rs 130 crore investment will be done in a new 200 KLPD corn/grain-based distillery to add to its existing operations, enhancing flexibility through dual-feedstock capability, it said. The new facility will be commissioned by March 2026, the statement said, adding that the capital expenditure will be financed through internal accruals and debt.
16.12 / 12:27
Action
Tesla
community
SpaceX
Diablo
performer
Videos
Elon Musk’s next big venture: A video game launch after kicked out of Path of Exile 2?
Elon Musk, the billionaire entrepreneur known for his leadership at Tesla, SpaceX, and X (formerly Twitter), has recently made headlines in an unexpected domain—gaming. While Musk is widely recognized for his technological innovations, his latest foray into competitive video gaming has sparked controversy. Musk, who has previously boasted about his gaming skills, particularly in titles like Diablo 4, faced an unusual setback when he was banned from the Path of Exile 2 server. After his success in Diablo 4, Musk turned his attention to Path of Exile 2, where he continued to showcase his gaming expertise. However, his gaming experience took a surprising turn when he shared a post on X, revealing that he had been kicked off the server for allegedly cheating. According to Musk’s post, the disconnection was due to performing “too many actions too fast,” leading to an automatic ban. Musk, however, was quick to deny any use of cheating software and explained that his actions were simply a result of his high-speed gameplay, attributing the incident to his ability to perform actions at a rapid pace. He humorously dismissed the idea of using macros or external tools to enhance his performance.
16.12 / 12:27
markets
Telegram
Strategy
Software
War
reports
Ukraine claims North Korean troops were killed as they fought alongside Russian forces
Kursk border region. The North Korean casualties occurred around three villages in Kursk, where Russia has for four months been trying to quash a Ukrainian incursion, the agency, known by its acronym GUR, said in a public post on the Telegram messaging app. At least three North Korean servicemen went missing around another Kursk village, GUR said.
16.12 / 12:27
markets
Citi
Strategy
Mobile
Software
awards
cover
Magenta Mobility to add 10,000 EVs over next fiscal; to expand to new cities
Magenta Mobility on Monday said it plans to add 10,000 electric vehicles — both three and four-wheelers — over the next financial year and is also looking at expanding into new cities such as Nashik, Nagpur, Vijayawada, Indore and Kolkata, among others. The company also said that after establishing a strong presence in the electric three-wheeler space, it is now aggressively expanding into the four-wheeler category. With a fleet exceeding 500 electric cargo four-wheelers, Magenta Mobility is transforming urban and intercity logistics, it said. Building on its leadership in the three-wheeler EV segment, where it serves major clients in the e-commerce space, Magenta Mobility is now aggressively expanding into the four-wheeler category, the company said.
16.12 / 12:27
markets
Digital
Strategy
Software
economy
guidelines
International
No timeline for introduction of regulatory guidelines for virtual digital assets industry: MoS Finance
Therefore, any comprehensive regulatory framework on the subject can be effective only with significant international collaborations on evaluation of the risks and benefits and evaluation of common taxonomy and standards, Minister of State for Finance Pakaj Chaudhary said in a written reply in the Lok Sabha. Further, he said, the need to balance investor protection and innovation must be assessed in light of the broader objective of protecting the Indian economy from the risks posed by the VDA sector while maintaining the financial and monetary stability of the economy.
16.12 / 12:27
16.12 / 12:27
markets
UPS
Analysis
MicroStrategy
Trade
Bitcoin
country
Bitcoin surges above $106,000 on strategic reserve hopes
Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.1% at $104,493 at 0857 GMT. Smaller crypto ether rose 1.2% to $3,952.
16.12 / 12:27
CEO
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SoftBank CEO to announce $100 bln investment in US during visit to Trump, CNBC reports
Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years during a Monday visit to U.S. President-elect Donald Trump's residence Mar-a-Lago, CNBC reported on Monday. Son will also promise in the joint announcement with Trump to create 100,000 jobs focused on artificial intelligence (AI) and related infrastructure, with the money to be deployed before the end of Trump's term, CNBC said, citing sources. The funding could come from various sources controlled by SoftBank, including the Vision Fund, capital projects or chipmaker Arm Holdings, CNBC said.
16.12 / 12:27
markets
Analysis
Food
trends
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inclusion
Zomato to see $513 million inflow after Sensex inclusion next week: Nuvama
Zomato is projected to witness inflows of about $513 million next week as the food delivery giant is set to enter BSE Sensex’s 30-share frontline index on December 23 as part of the planned rejig, brokerage firm Nuvama said. The food delivery giant’s index inclusion would make Zomato the first new-age tech stock to enter the 30-share frontline index. Meanwhile, JSW Group’s shares will exit the index as part of the planned rejig to make way for Zomato.
16.12 / 12:27
markets
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LEH
Army's Northern Command marks Vijay Diwas with wreath-laying ceremonies in J-K, Ladakh
Army's northern command Monday organised wreath-laying ceremonies at various places in Jammu and Kashmir, and Ladakh to celebrate Vijay Diwas, which marks India's victory over Pakistan in the 1971 war that led to the birth of Bangladesh as an independent nation. The Udhampur-based Northern Command commemorated the occasion with a wreath-laying ceremony led by its General Officer Commanding-in-Chief Lt Gen M V Suchindra Kumar at the Dhruva War Memorial, the Army said. «He (Lt Gen Kumar) interacted with veterans who continue to inspire us through their legacy of courage and dedication,» the Northern Command said in a post on X. The Jammu-based Tiger Division also celebrated the day at the 'Balidan Stambh', a war memorial, here.
16.12 / 12:05
markets
Citi
Digital
Eaton
wellness
show
rights
Are you ultra-rich, rich or merely affluent? It makes a big difference for your bank
Subscribe to enjoy similar stories. Scale is crucial in the wealth-management business, but it needs to be the right kind of scale. Managing money for the rich is today’s golden goose in banking, because it generates stable fees and has low capital requirements.
16.12 / 12:05
COST
FIVE
Waters
Boeing
testing
travelers
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The new frontier for drone warfare is deep underwater
Subscribe to enjoy similar stories. Drones have revolutionized modern warfare in the sky. Now defense companies and navies are betting they can do the same underwater.
16.12 / 12:05
Nestle
Trade
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country
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Mint Explainer: Why Switzerland withdrew MFN status in its tax treaty with India
Subscribe to enjoy similar stories. Switzerland has suspended the Most-Favoured-Nation (MFN) clause in its Double Taxation Avoidance Agreement (DTAA) with India, significantly altering the tax treatment of cross-border dividends. Beginning 1 January 2025, dividend payments from Swiss entities to Indian investors will be taxed at 10%, double the current 5%.
16.12 / 11:49
UPS
reports
Trump inflationary risks force economists to temper Fed rate cut expectations - reports
Economists surveyed last week by the Financial Times edged up their forecasts for the federal funds rate next year compared to a previous survey in September. According to the poll, most respondents said in September they expected the rate would fall to 3%-3.5% by the end of 2025. However, last week's survey revealed that the vast majority now estimate it will settle at 3.5% or above at this time next year. The majority (65%) of those surveyed indicated the funds rate range is forecast to be at 3.5%-4% at the end of next year, up from the just over 20% of respondents who agreed w...
16.12 / 10:29
Hollywood
UPS
Entertainment
film
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stage
‘Wicked’ was far from magical
Subscribe to enjoy similar stories. Hollywood has been defying box-office gravity this holiday season, thanks in large part to “Wicked," the movie version of the long-running Broadway musical. The film grossed more than $450 million worldwide in its first three weeks of release.
16.12 / 10:29
markets
COST
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Apple
Research
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Apple plans thinner, foldable iPhones to revive growth
Subscribe to enjoy similar stories. Apple is preparing a series of major design and format changes to its lineup of iPhones and potentially other products, a bid to revive growth after years of offering largely incremental upgrades. Starting next year, Apple plans to introduce an iPhone that will be thinner than the approximately 8-millimeter profile of current models, said people familiar with the company’s plans.
16.12 / 10:29
UPS
Google
Platform
information
stars
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The trouble with searching Google for ‘the best’
Subscribe to enjoy similar stories. Shoppers often hit Google to search things like “top vacuums" or “best dishwashers," expecting fair, independent assessments of top models. Instead, they might land on marketing pages disguised as expert rankings.
16.12 / 10:29
Man
Rhythm
Universities
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musician
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Zakir Hussain (1951-2024): Who will teach the tablas to laugh again?
Subscribe to enjoy similar stories. There are musicians, there are magicians, and then there is Ustad Zakir Hussain—a man with hands so incredible that he could, quite frankly, have been either, but chose, with infinite grace, to be both. To watch Hussain play the tabla was to believe in miracles: he seemed, always, in conversation with the instrument, his fingers squeezing out an unexpected question, the skin whispering secrets back into his palms.
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