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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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13.12 / 18:19
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Banned for China-based entities, high-end Nvidia H200 chips land in the country, alleged businessman brags how he smuggled them from US
According to reports, two dozen H200-based Supermicro servers with hundreds of H200 GPUs inside, were smuggled into China by a businessman, who is claiming that this was a unique way bypassing Department of Commerce's laws that banned such exports. Also Read: How serious is the injury? Nancy Pelosi hospitalised in Luxembourg after getting injured in an official engagement
13.12 / 18:19
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Diluting the Wildlife (Protection) Act for rhesus macaques will be devastating for this Indian species
International Monkey Day today. For the last half-century, the rhesus macaque, or the rhesus monkey, revered in Hinduism as earthly representation of Hanuman, was protected under India law. It protected them from being killed or captured for experimentation, meat, or being used in pet industries, among other forms of abuse. Now, inexplicably, those protections have been weakened. GoI must reverse this egregious betrayal of these keenly intelligent and complex animals. Distinctly social beings, rhesus macaques thrive in large, active groups. They are highly vocal and communicate using body postures, facial expressions, vocalisations and scent cues. Rhesus macaques feel joy and sadness, love and fear. In their natural habitat, monkeys can be playful and silly, but also determined and loyal. These primates love to climb and swim. Mothers nurse their young ones for up to a year. Rhesus macaques also play an important environmental role. Since fruit is an important part of their diet, they disperse fruit seeds over large distances, maintaining tropical forests and plants, and strengthening and balancing local ecosystems.
13.12 / 18:19
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Donald Trump highlights Kamala Harris' biggest mistake, says the VP should not have taken the assignment of the Democratic Party candidate
US President- elect Donald Trump actually discussed about the US Presidential campaign of US Vice President Kamala Harris which he eventually believes was flawed from the start, reported Revolt. According to Revolt, he actually claimed that her biggest mistake was ‘taking the assignment’ to run for US President following the exit of US President Joe Biden in the month of July. Donald Trump also severely criticized Kamala Harris for not engaging more with the media while stating that her reluctance to conduct interviews actually raised questions about her capabilities. He also noted that while she participated in some interviews, they were perceived as inadequate compared to his extensive media engagements.
13.12 / 18:19
markets
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PAM
'No respect for creative industry': Ashwini Vaishnaw slams Congress govt over Allu Arjun's arrest
Taking to his official account on X, Vaishnaw alleged that the left party has 'no respect' for the entertainment industry. Mentioning the stampede that led to Allu Arjun's arrest, Vaishnaw called it a 'mishap' triggered by poor management. «Congress has no respect for the creative industry and the arrest of Allu Arjun proves it yet again. The mishap at Sandhya Theatre was a clear case of poor arrangements by the state and local administration.,» said Vaishnaw.
13.12 / 18:19
Ball
security
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information
Indian forces will be going to all patrolling points in Depsang, Eastward Limit
S Jaishankar on Friday said that Indian security forces would be going to all patrolling points in Depsang in Ladakh and the eastward limit, which have historically been India's patrolling limit. He informed the Lok Sabha during question hour that the last of the disengagement agreement with China was related to Depsang and Demchok. On Bangladesh, Jaishankar hoped that «both India and Bangladesh will settle down to a mutually beneficial and stable relationship».
13.12 / 17:09
Progressive
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Canada Post strike: Minister seeks order to get workers back on the job
Amid the ongoing Canada Post strike, federal Labour Minister Steven MacKinnon announced Friday that he is asking the Canada Industrial Relations Board (CIRB) to order workers back on the job if it agrees with his determination there is an “impasse” in negotiations.
13.12 / 17:01
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Gap between variable and fixed rate mortgages shrinks to 2022 level
Floating-rate borrowers got their Christmas bonus from the Bank of Canada on Wednesday: a half-point drop in their borrowing costs.
13.12 / 17:01
UPS
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Equality
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Jack Mintz: Chrystia Freeland may be wishing she was Irish
When Finance Minister Chrystia Freeland delivers her fall economic statement on Monday she’ll need to spin a good story. It won’t be easy. The deficit for this fiscal year is expected to running much higher than the $40.1 billion she promised, maybe even over $60 billion, crashing through one of her fiscal “guardrails.”
13.12 / 17:01
UPS
Aviat
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travelers
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Heathrow airport investors including Quebec's Caisse de dépôt sell down their holdings
A handful of investors — including Spain’s Ferrovial SE and Canada’s Caisse de dépôt et placement du Québec — have sold down their holdings in the company that controls London’s Heathrow Airport in a transaction valued at £3.3 billion.
13.12 / 17:01
KeyCorp
Scotiabank wins regulatory approval for second phase of KeyCorp investment
Bank of Nova Scotia says it has received regulatory approval to clear the way for the second phase of its investment in U.S. bank KeyCorp.
13.12 / 17:01
Target
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Jefferies upgrades TD Bank, names bank top pick for 2025
The path ahead for Toronto-Dominion Bank is rocky, but analysts at Jefferies Financial Group Inc. are predicting a recovery in the stock’s valuation as they turn bullish on the outlook for the Canadian lender and name it a top pick for 2025.
13.12 / 17:01
Nov
rights
Settlement reached in complaint over Canada Post layoffs as strike hits four weeks
OTTAWA — The union representing Canada Post workers says an unfair labour practice complaint over the company’s layoffs has been resolved, calling it an important victory for workers’ rights.
13.12 / 17:01
community
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Federal minister asks labour board to end Canada Post strike
OTTAWA — Federal Labour Minister Steven MacKinnon says he is “calling a timeout” in the Canada Post strike, and asking the Canada Industrial Relations Board to send about 55,000 employees back to work.
13.12 / 17:01
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2020
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Bausch + Lomb confirms it is exploring a potential sale
Bausch + Lomb said it authorized management and advisers to explore a potential sale of the eye health company after shares dropped over reports of faltering deal talks with a group of private equity firms.
13.12 / 16:15
UPS
Matthews
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South Africa vs Pakistan Live Score: It’s a Four. Pakistan at 13/0 after 2.1 overs
Pakistan Innings Highlights : South Africa vs Pakistan Live Score: FOUR! Rizwan loves an offie, he surely does. Tossed up around middle and off, Mohammad Rizwan comes inside the line of it and dabs this wide to the right of short fine leg for four.
13.12 / 16:15
13.12 / 16:09
13.12 / 16:09
markets
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AVP
Navy's latest survey ship INS Nirdeshak to be commissioned at Vizag on Dec 18
Indian Navy's latest survey ship — INS Nirdeshak — that boasts over «80 per cent indigenous content», reaffirming the naval force's focus towards Aatmanirbharta, is all set to be commissioned at Visakhapatnam on December 18, a senior official said on Friday. The commissioning ceremony will be presided over by Minister of State for Defence Sanjay Seth. «The Indian Navy is all set to commission its latest survey ship 'Nirdeshak' at Naval Dockyard, Visakhapatnam, on December 18,» a Navy spokesperson said. The ceremony will be hosted by the Flag Officer Commanding-in-Chief, Eastern Naval Command and attended by distinguished guests, including senior naval officials and GRSE representatives.
13.12 / 16:09
markets
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LIC MF may consider IPO once its AUM hits Rs 1 lakh crore: MD
IPO once its asset under management (AUM) reaches the Rs 1 lakh crore mark, which it was targeting by FY'26, a top official said on Friday. At present, LIC MF's AUM was around Rs 38,000 crore, a significant jump from Rs 16,526 crore in FY'23. «We have grown by 67 per cent in FY'24 and our current growth run rate is 30 per cent,» LIC MF Asset Management Ltd MD and CEO RK Jha told PTI. He said the current equity contribution across all funds is 47 per cent, with debt accounting for the remaining 53.
13.12 / 16:01
markets
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Sebi introduces flexibility in pro-rata rights for AIF investors
markets regulator Sebi on Friday introduced exemptions to the requirement of maintaining pro-rata rights in investments and distribution of proceeds under the alternative investment funds (AIF) rules. Under this, pro-rata rights will not apply to cases where investors are excused or excluded from specific investments; fail to meet their contribution obligations, or share profits (such as carried interest) with fund managers or sponsors, Sebi said in a circular. Furthermore, specific entities, including government-backed organisations and development financial institutions, may opt for junior or subordinate units, accepting lower returns or higher risks compared to other investors.
13.12 / 16:01
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'Media shouldn't exaggerate': SC irked over news reports on hearing over 'VIP' visits at temples
A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar last heard the plea filed by one Vijay Kishor Goswami on the issue on October 25 and made certain observations. «Last time whatever happened in the court was completely misrepresented in the media...completely misrepresented,» the CJI said.
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