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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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13.12 / 16:01
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peace
Manipur CM Biren Singh calls for unity to restore peace and normalcy
Singh attended the Manipur Indigenous People’s Cultural Exchange Festival under the theme “Manipur United by Diversity” at Chadong village in Kamjong district. He said, “Manipur belongs to its indigenous people, and our forefathers defended this land for more than 2,000 years. The government is committed to safeguarding their heritage.”
13.12 / 16:01
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Delhi HC seeks media houses reply on Jagan Reddy's Rs 100 Cr defamation suit
Delhi High Court has sought the response of various media houses on a Rs 100 crore defamation suit by former Andhra Pradesh chief minister Y S Jagan Mohan Reddy over alleged derogatory news reports linking him to the indictment proceedings against Adani Group in the US. Justice Subramonium Prasad issued summons to the media houses and their editors and search engine Google while asking them to file written statements in response to the suit. «Let the plaint be registered as a suit. Issue summons,» the court said in its December 9 order. The judge also issued notice on Reddy's application seeking an interim relief and made it clear that any publication made after December 9 would be after being put to notice by court and have its own consequences.
13.12 / 16:01
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No mood for diplomacy when she lands in the country? Trump's Greece Ambassador pick Kimberly Guilfoyle once called its citizens freeloaders
Kimberly Guilfoyle, who is recently nominated by US President-elect Donald Trump to be the US ambassador to the country of Greece, is recently facing severe scrutiny due to some resurfaced comments which she made back in the year 2015, reported Daily Beast. According to Daily Beast, during a pretty old episode of Fox News’s ‘The Five’, Kimberly Guilfoyle actually referred to the Greek citizens as ‘freeloaders’ and eventually criticized their reliance on government support while suggesting that they needed to work harder and retire later. This certain remarks by her actually came in the context of Greece's rejection of a debt bailout from the European Union where she eventually urged the Greeks to ‘suck it up’ and actually improve their work ethic. Also Read: Kimberly Guilfoyle, Trump's pick for Greece ambassador, accused of a history of sexual misconduct
13.12 / 16:01
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Kimberly Guilfoyle, Trump's pick for Greece ambassador, accused of a history of sexual misconduct
President-elect Donald Trump proposed a nominee with a history of sexual misconduct allegations. Kimberly Guilfoyle was chosen to serve as America's ambassador to Greece. An out-of-court settlement of up to $4 million was reached in 2020 after Guilfoyle, a former host of Fox News, was accused of sexually harassing a network assistant, according to the New Yorker, as quoted in a report by the Daily Beast. Guilfoyle claimed that she has never engaged in any workplace misconduct of any kind, refuting the accusations. She has mentored innumerable women throughout her career, many of whom she still has very close relationships with today.
13.12 / 16:01
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Bleeding Constitution from a thousand cuts: Mahua Moitra slams govt
Mahua Moitra accused the BJP-led Centre on Friday of «bleeding the Constitution from a thousand cuts» and said it is crystal clear that the political executive has «systematically eroded democracy» over the last 10 years. Participating in a debate in the Lok Sabha on 75 years of the Constitution, Moitra asserted that the need of the hour is to ensure that the idea of India survives in its purest form. For a significant part of her speech, the Trinamool Congress (TMC) MP trained her guns on former chief justice of India D Y Chandrachud, without naming him, and said what troubles the opposition is that some members of the higher judiciary appear to be doing their best to compromise the independence and integrity of the country's constitutional courts. «The outgoing CJI waxed eloquent on how the right to bail has been granted during his tenure… From A for Arnab to Z for Zubair, his alphabets seem to be abbreviated because it did not include G for Gulfisha Fatima, did not include H for Haney Babu, did not include K for Khalid Saifi, did not include S for Sharjeel Imam, U for Umar Khalid and countless others,» she said.
13.12 / 16:01
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Champions Trophy venue decision likely tomorrow, as India, Pakistan rule out cross-border travel for ICC events
hybrid model modalities for the Champions Trophy during a virtual meeting with Pakistan Cricket Board (PCB) chief Mohsin Naqvi on Saturday, it has been learnt. It has been agreed in principle that neither India nor Pakistan will travel to each other's country for ICC events. Hence, India and Pakistan will play in Dubai during the 2025 Champions Trophy which will be held from February 19 to March 9. The tournament will feature eight teams, divided into two groups. The top two teams from each group will advance to the semifinals. The PCB had said that it was willing to accept the hybrid model only if the same arrangement will be made for all ICC events, awarded to India and Pakistan.
13.12 / 16:01
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Get your AI specialization fast; these companies are offering a whopping salary and lavish perks that outpay the industry
Meanwhile, a shocking revelation has come up o the basis of a lawsuit by Elon Musk, where it has been alleged that OpenAI overpays those in the AI field, in order to keep employees within their fold. This is seen by many as anticompetitive practice, which may harm other companies in the similar field. Also Read: Will Taylor Swift perform at Donald Trump's inauguration? Fans react to anchor's speculation
13.12 / 16:01
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India, UAE discuss IMEEC; resolve to expand energy, trade ties
India and the United Arab Emirates(UAE) on Friday discussed implementation of the ambitious India-Middle East-Europe Economic Corridor (IMEEC) and resolved to shore up ties in areas of energy including long-term supplies and collaboration in upstream and downstream projects. Ways to further deepen bilateral relations in areas of energy, connectivity and trade figured prominently at the 15th India-UAE Joint Commission Meeting (JCM) that was co-chaired by External Affairs Minister S Jaishankar and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan. The meeting was held in New Delhi. The two foreign ministers also deliberated on expanding strategic partnership between the two countries in areas of defence, emerging technologies, nuclear energy, polar research, critical minerals and renewable energy at a meeting of the India- UAE Strategic Dialogue held last night.
13.12 / 15:29
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Ambuja Cements commissions 200 MW solar power project in Gujarat
Ambuja Cements, part of Adani Group firm, on Friday announced the commissioning of a 200 MW solar power project in Khavda, Gujarat, to supply green power to 20 cement plants. The Khavda project is part of Adani Cements' plan to have 1 GW of renewable power from solar and wind projects, along with 376 MW from WHRS (Waste Heat Recovery Systems). «The balance 806 MW capacity from this project is at various stages of commissioning and expected to start transmitting in phases between March 2025 and June 2025,» said a statement.
13.12 / 15:29
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SpiceJet clears all pending PF dues worth Rs 160 cr
SpiceJet Friday said it has cleared all pending employee provident fund (PF) dues amounting to Rs 160.07 crore, covering two years. In the past three months, since raising Rs 3,000 crore through a Qualified Institutional Placement (QIP), SpiceJet has cleared all statutory liabilities, including Tax Deducted at Source (TDS), Goods and Services Tax (GST), and pending employee salaries. By addressing these dues, the airline is set to reduce interest costs significantly. Since October 2024, SpiceJet has been using its internal cash flows to meet statutory obligations like PF and TDS payments.
13.12 / 15:29
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Did Donald Trump Jr dump Kimberly Guilfoyle for a strategic move?Shocking split details emerge
Donald Trump Jr. and Kimberly Guilfoyle have broken up, sources have claimed. Insiders claimed that Trump Jr. has moved on with Palm Beach socialite Bettina Anderson, according to a report in Page Six. There have been rumours for months that Donald Jr. and Guilfoyle’s relationship has been on the rocks: Multiple sources have told us recently that the political power couple had split, or were on shaky ground. “Don and Kimberly haven’t been getting along over the past year,” said one source. “They get argumentative at Mar-a-Lago in front of people. Nothing crazy, but you know when a couple is fighting. They bicker in public.”
13.12 / 15:29
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2024’s Must-See Films: From ‘The Brutalist’ to ‘Inside Out 2,’ Here's the Top 10 Picks
best movies of 2024 offered audiences an array of unforgettable stories.
13.12 / 15:29
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Minister's post does not entitle someone for special consideration for grant of bail: SC
Supreme Court said on Friday, asserting that «official positions, regardless of their stature, lose relevance for the purpose of exercising judicial discretion judiciously». A bench of Justices Surya Kant and Ujjal Bhuyan, which granted conditional future bail to former West Bengal minister Partha Chatterjee in a money-laundering case related to the alleged cash-for-jobs scam in the state, said impartiality is a prerequisite to the rule of law, wherein decisions are based on the factual matrix of a case as opposed to an individual's position or influence. It rejected Chatterjee's argument seeking special consideration for the grant of bail on the ground that he was entitled for the relief as he was a minister at the relevant time. «In this context, the argument that the appellant's position as a minister entitles him to any special consideration does not hold merit from either perspective. Impartiality is a prerequisite to the rule of law, wherein decisions are based on the factual matrix of the case as opposed to the individual's position or influence,» the bench said.
13.12 / 15:29
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Reliance Industries acquires 74% stake in Navi Mumbai IIA for Rs 1,628 crore
Reliance Industries Limited (RIL) on Friday announced the acquisition of a 74% equity stake in Navi Mumbai IIA Private Limited (NMIIA) for Rs 1,628.03 crore. The deal, approved by RIL's Board of Directors on December 11, 2024, was completed following consent from the City and Industrial Development Corporation of Maharashtra Limited (CIDCO), which waived its rights of first refusal on December 12, 2024. As part of the transaction, RIL acquired 57.12 crore equity shares of NMIIA at Rs 28.50 per share, the company stated in a release on the exchanges.
13.12 / 15:19
UPS
UK consumer confidence edges up in December but remains 'far from strong'
The GfK Consumer Confidence index increased by one point to -17 this month, with two of the measures up and three remaining unchanged from November. The increase in the index was significantly more modest than the rise recorded in November, when all measures had been up at the time and the overall score had increased by three points from October. The index measuring changes in personal finances over the last 12 months increased by two points from November, hitting -7 this month, with the overall score now seven points higher than in December 2023, when the figure stood at -14. UK ...
13.12 / 15:19
UPS
Target
economy
Boeing
BoE survey reveals growing concern over UK inflationary outlook
According to the November 2024 Bank of England/Ipsos Inflation Attitudes survey, the median expectation for the rate of inflation over the coming year among respondents was 3%, up from 2.7% in August 2024. Similarly, when asked about expected inflation in the 12 months after that, respondents gave a median answer of 2.8%, up 0.2 percentage points from August's figure of 2.6%. UK economy unexpectedly shrinks by 0.1% in October sparking 'cause for concern' Looking more long term, those who took part in the survey were sceptical of the Bank of England achieving its inflation target ...
13.12 / 14:59
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NHAI upgrades RPVs for strengthening highway patrolling
National Highways Authority of India (NHAI) has introduced new Route Patrolling Vehicles (RPVs) named ‘Rajmarg Saathi’ as part of its incident management services. The move is aimed at enhancing road safety and strengthening highway patrolling, NHAI said on Friday. The RPVs conduct inspection of National Highway stretches to monitor and respond to emergency situations. The guidelines for ‘Rajmarg Saathi’ RPVs include detailed specifications related to the use of vehicle, equipment and manpower.
13.12 / 14:59
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Investigations
'Not backing down': Junior docs after RG Kar ex-principal Sandip Ghosh gets bail in rape-murder case
CBI investigation into the case on Friday after two key suspects got bail from a court. The Sealdah court granted bail to RG Kar Medical College and Hospital's ex-principal Sandip Ghosh and former officer-in-charge of the Tala police station Abhijit Mondal in the rape and murder case of the on-duty doctor. They were granted bail after the CBI failed to file a charge sheet against them within the mandatory 90-day period.
13.12 / 14:59
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US stocks open higher after Broadcom's upbeat forecast
Wall Street's main indexes opened higher on Friday after an upbeat forecast from Broadcom kept alive the euphoria around artificial intelligence and boosted chip stocks. The Dow Jones Industrial Average rose 15.0 points, or 0.03%, at the open to 43,929.15.
13.12 / 14:59
13.12 / 14:59
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Department
Dept of Posts, MEA sign pact to set up additional 600 passport seva kendras at POs: Scindia
Department of Posts and the Ministry of External Affairs have signed an agreement to set up an additional 600 passport seva kendras at post offices, Union Telecom Minister Jyotiraditya Scindia said on Friday. Speaking at the India Economic Enclave 2024, the minister said India Post has about 6,40,000 points of sales across the country and no one in the world can match its scale. «In the next 3-4 years, we will become a citizen-centric service. We have signed an agreement with the MEA today where we will set up 600 more networks for passport seva kendras, hopefully servicing one crore citizens per year through our network,» the minister said. Launched in 2017, the Post Office Passport Seva Kendras (POPSKs) service has been instrumental in facilitating passport-related services to over 1.52 crore citizens.
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