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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
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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12.12 / 14:21
12.12 / 14:19
markets
Citi
Digital
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Sustainability
Experts
ADB extends USD 788.8-mn loan to develop Amaravati as green, smart capital city
The Amaravati Inclusive and Sustainable Capital City Development Program is designed to transform Amaravati into a growth hub for the region, enhancing economic prospects, providing job opportunities, and improving living conditions of the residents, it said. Public investments will focus on key infrastructure development, including trunk infrastructure, government complex, and neighbourhood infrastructure benefiting farmers who are the stakeholders under the land pooling schemes, it said.
12.12 / 14:19
markets
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Election
Bill
rights
One Nation One Election: Siddaramaiah slams Cabinet decision, says Karnataka assembly will adopt resolution
Siddaramaiah on Thursday slammed the Union Cabinet's decision on introducing the One Nation, One Election (ONOE) Bill and described the move as an assault on parliamentary democracy and the federal structure of India. The decision was a sinister conspiracy to curb the rights of states, he said in a statement. «At a time when the current electoral system is in dire need of reforms, such a bill will only weaken the foundations of democracy further. Before approving such a critical bill, the Modi government should have consulted opposition parties and state governments. However, true to its authoritarian tendencies, the BJP-led central government is trying to impose this undemocratic proposal on the country.» The Kerala government, Siddaramaiah said, has already passed a resolution opposing the ONOE proposal and has communicated its dissent to the Centre. «If needed, our government will also consult the Congress High Command and adopt a similar resolution to send a strong message against this anti-democratic move.»
12.12 / 14:19
markets
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Interviews
Donald Trump swearing-in ceremony date: China President Xi Jinping 'invited', Vladimir Putin is 'yet to receive invitation'
Donald Trump is all set to take charge as the 47th President of the United States. The swearing-in ceremony will be held on January 20. High-profiled guests are expected to attend the event. The Kremlin said on Thursday that Russian President Vladimir Putin had not received an invitation to attend the January 20 inauguration of the U.S. President-elect Donald Trump. CBS, citing multiple unidentified sources, said that Trump had invited Chinese President Xi Jinping to attend. Meanwhile, President-elect Trump, who has both derided Time magazine and pined for its approval, was named the publication's person of the year on Thursday.
12.12 / 14:19
markets
UPS
Platform
Software
Food
reports
Blinkit enters 10-minute food delivery space with Bistro app
quick commerce platform Blinkit has launched a standalone app Bistro, marking its foray into the 10-minute food delivery space. The service has been rolled out in a few localities of Gurugram. According to the description on Google's app store, the new platform will offer snacks, meals, desserts and beverages, which will be delivered in 10 minutes. The development comes at a time when food delivery and quick commerce platforms are extending the ultra-fast delivery model to food. In 2022, Zomato, through its primary offering, had experimented with 10-minute delivery of food in Gurugram but later discontinued the pilot programme. It later launched Zomato Everyday which offers meals prepared by home cooks from centralised kitchens in relatively shorter timeframes.
12.12 / 14:19
markets
IPO
security
Strategy
Software
stage
reports
Jewellery retailer Bluestone files DRHP for IPO
draft red herring prospectus (DRHP) with the capital markets regulator Securities and Exchange Board of India (Sebi) for its initial public offering (IPO), through which it is looking to raise Rs 1,000 crore in fresh capital. The IPO also includes an offer-for-sale (OFS) component through which investors such as Accel, Saama Capital, Kalaari Capital, and Hero Group’s Sunil Kant Munjal are looking to divest a total of 24 million shares. ET was the first to report on December 6 about Bluestone’s board approving the company’s plan to go public and raise Rs 1,000 crore through the process.
12.12 / 14:19
markets
Digital
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love
information
reports
Relationships
Did Kimberly Guilfoyle look the other way in relationship with Donald Trump Jr because she loves power and lifestyle? Here's what a source is saying
Kimberly Guilfoyle looked the other way while Don Trump Jr. started dating Bettina Anderson about 6 months ago. Don Jr. started introducing Anderson as his girlfriend months ago and is smitten with her. Regarding Donald Trump Jr.'s alleged affair with Palm Beach socialite Bettina Anderson, new information has surfaced. Don Jr. has been dating Bettina for about six months, but he has not yet disclosed the status of his engagement to Kimberly Guilfoyle, his long-time fiancée. President-elect Donald Trump's 46-year-old son, Donald Jr., allegedly even took her on a trip to Alaska and introduced her around as his girlfriend when he was still very much of a boy, as quoted in a report by People.
12.12 / 14:19
markets
Manufacturing
Analysis
Research
Trade
Experts
Commentary
Capital Group exits Neuland Labs; sells 3.77 pc stake for Rs 756 crore
Capital Group on Thursday exited Neuland Laboratories by selling 3.77 per cent stake in the company for Rs 756 crore through an open market transaction. Neuland is a leading global API Contract Development and Manufacturing Organisation. US-based Capital Group through its arm SmallCap World Fund Inc offloaded shares through a bulk deal on the National Stock Exchange (NSE).
12.12 / 14:19
markets
Google
Platform
Software
Reddit
social
reports
How Reddit, one of US' most-visited platforms, became a darling for AI companies
AI companies, once Reddit's biggest frustrations, now are a key source of growth for the social-media platform. These companies have an insatiable appetite for online data to train their models and display content in easy-to-digest format, reports The Wall Street Journal. ALSO READ:Inside Boeing's struggle to make its best-selling plane again
12.12 / 14:19
Reuters
SEC
SUN
Platform
Experts
Bitcoin
Trump crypto venture partners with platform linked to Hamas, Hezbollah
Trump and his new Middle East envoy, billionaire Steve Witkoff, has partnered with a crypto platform that authorities and financial experts say has been used by criminals and Iran-backed militant groups Hamas and Hezbollah. World Liberty Financial Inc, founded by the Witkoff family two months before November's U.S. election with Trump as a financial beneficiary, presents concerns over ethics and conflicts of interest, say six specialists in U.S. government ethics. Among their biggest concerns is World Liberty's new partner: Tron crypto platform.
12.12 / 14:19
Action
security
community
President
Justice
rights
President Biden Grants Clemency to Nearly 1,500 People in Historic Move
The White House on Thursday announced that the President Biden has commuted the sentences of 1,500 people who had been put under home confinement during the COVID-19 pandemic. Individuals who were chosen were people with a proven commitment to rehabilitation and reintegration into the communities. Furthermore, 39 people convicted of non-violent offenses were pardoned for good deeds to society. President Biden underscored that these pardons and sentence commutations are for those who have shown remorse and willingness to reintegrate into society. The administration has confirmed that the recipients of the pardons and sentence commutations have secured employment, advanced their education, and served their communities, demonstrating resilience in overcoming personal challenges.
12.12 / 13:45
12.12 / 13:35
markets
Google
security
Software
Experts
chess
Chess Championship: Gukesh beats China's Ding Liren to become the youngest world chess champion at 18
Gukesh Dommaraju made history on Thursday by becoming the youngest chess world champion, defeating defending champion Ding Liren of China in a dramatic final game of a 14-game match held in Singapore. At just 18 years old, Gukesh is now the 18th world chess champion, surpassing Garry Kasparov, who held the record as the youngest champion since 1985 when he defeated Anatoly Karpov at the age of 22. In the decisive game, Gukesh, playing with the black pieces, capitalized on a blunder by Ding, who faltered under pressure in what was considered a favorable position. The win gave Gukesh a 7.5-6.5 victory in the match, sealing his historic triumph.
12.12 / 13:35
markets
COST
UPS
Target
FIVE
Software
Experts
Bajaj Finance's five year plan has a deep AI focus
Bajaj Finance, India's largest non-bank consumer financier has unveiled a new business plan for the next five years which envisages integration of artificial intelligence (AI) across all its processes to improve customer engagement, grow revenue, enhance productivity, strengthen controls and reduce operating and credit costs. In chat with ET, managing director Rajeev Jain said the transition to an all-encompassing AI based system will improve customer conversion rates at a much lower cost while ensuring the loan growth remains at current rate or moves to a faster trajectory. “We have already deployed AI in some use cases this year and plan total adopting by December 2026. At the current run rate we are saving Rs 140 crore to Rs 150 crore per year compared to last year. But the possibilities are infinite in terms of significant improvement in conversion rates. Costs will also be lower with growth at a similar or faster rates,” Jain said.
12.12 / 13:35
markets
Provident
Aviat
security
Software
cover
International
Centre sanctions over 2,800 CISF troops for new airports in Navi Mumbai, Noida
Noida International Airport (NIA) in Uttar Pradesh. The total CISF manpower sanctioned for providing a counter-terrorist cover to the two upcoming airports is 2,870. The sanction of the Central Industrial Security Force (CISF) manpower is for the first phase of operationalisation of the two airports. The force's strength will be enhanced once these airports finish phase II, sources said.
12.12 / 13:35
markets
Strategy
economy
Election
Trade
country
Updates
ECB cuts key deposit rate by 25 bps to 3% amid concerns of tepid growth, impact of Trump trade policies
European Central Bank has cut rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs. The bank's rate-setting committee made the decision on Thursday at its skyscraper headquarters in Frankfurt to lower the benchmark from 3.25% to 3%.
12.12 / 13:35
markets
COST
Reuters
security
Software
Experts
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Gold price today: Gold rates go down on Thursday. Check how much will it cost?
Gold prices edged down on Thursday, but held near a five-week peak, as risk appetite increased ahead of a European Central Bank monetary policy decision and investors awaited U.S. PPI data for signals on the Federal Reserve's interest rate outlook, Reuters reported. Spot gold fell 0.3 per cent to $2,709.89 per ounce as of 1210 (GMT). US gold futures fell 0.5 per cent to $2,742.50. Earlier in the session, bullion hit its highest since November 6, supported by bets that the Fed will cut interest rates again next week after Wednesday's consumer prices data, as per a report on Reuters. The report showed a 0.3 per cent rise, the largest gain since April after advancing 0.2 per cent for four straight months.
12.12 / 13:23
12.12 / 13:21
UPS
community
country
information
rights
Videos
Job or internship hunting in Canada or US? $160,000-earning techie suggests proven formula
Canada and the USA has gone viral and grabbed the attention of the internet. The video claims to have legitimate information for those unemployed in these countries. It further showcases a techie who suggests a step-by-step process for getting the right experience. According to a techie earning $160,000 (Rs 1.35 crore), an extensive certificate, internships or projects will not help. He suggests GitHub or opting for open-source code. He further advised on beginning a contribution to the GitHub project. He warned that the process can be a “long grind” and one may not find much results. But slowly once when an individual starts to get the hang of it, then there will be results and recognition. As soon as the person gains recognition in the community, it becomes very easy to switch or pivot to any job that one wants.
12.12 / 13:21
markets
UPS
security
Strategy
Software
Election
recommendations
One nation, one election: Top 10 recommendations made by Ram Nath Kovind panel
simultaneous elections, which were accepted by the Cabinet in September. The top 10 recommendations on simultaneous polls made by the high-level panel on «one nation, one election» are: 1. The government must develop a legally-tenable mechanism in order to restore the cycle of simultaneous elections.
12.12 / 13:21
markets
Strategy
Software
Election
Bill
President
Experts
One nation, one election: Cong reiterates its opposition to idea, calls it bid to divert
«The Union Cabinet has cleared the Bill on One Nation One Election. The views of the Indian National Congress on this subject had been forcefully articulated by its President Mallikarjun Kharge ji on January 17, 2024. Nothing has happened since then to modify them,» said Congress general secretary in-charge communications Jairam Ramesh. Kharge, in a letter to the secretary of the high-level committee on 'one nation, one election' on January 17, 2024, had said, «The Indian National Congress is strongly opposed to the very idea of 'One Nation, One Election'.»
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