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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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12.12 / 07:13
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India, EU aiming for balanced, ambitious comprehensive and mutually beneficial FTA: Piyush Goyal
FTA) with the European Union (EU) during an interaction with Ambassadors from the European Commission delegation and member states. According to the Ministry of Commerce and Industry, the meeting, attended by representatives from Austria, Belgium, Bulgaria, and several other EU nations, along with senior Indian officials, emphasized the growing trade and economic partnership between India and the EU. Highlighting the progress in the FTA negotiations, Goyal acknowledged the need for political guidance to finalize a commercially meaningful agreement that respects the sensitivities of both parties.
12.12 / 07:13
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Budget should see a 30% increase in infra outlay to make up for lag of this year: Vinayak Chatterjee
Vinayak Chatterjee, Founder & Managing Trustee, The Infravision Foundation, says along with the slowdown in spending, the relatively lower budget increase in infrastructure has impacted GDP growth. In the next six months, the government has to step on the fiscal expenditure pedal and also the Budget pedal. One rupee spent on infrastructure by the government leads to a three-rupee increase in GDP, whereas a one-rupee spent by the government on items like direct benefit transfer (DBT), results in a 90-paisa increase in GDP. So, if the government wants to pump prime the economy for a robust GDP growth, it has to channel money into infrastructure. As far as Budget expectations are concerned, the government should get back the trajectory of 30% increase in infra Budget of the last many years, excluding FY25. On last year's capex base of Rs 11.1 lakh crore, there should be a 30% increase in the upcoming Budget.
12.12 / 06:55
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Share price of Shree Cements as Sensex drops 162.72 points
Shree Cements Ltd. 0.07 per cent to Rs 27292.00 at 12:06PM (IST) in Thursday's trade. The counter hit a high of Rs 27309.05 and low of Rs 27185.80 so far during the session. The stock had closed at Rs 27270.85 in the previous session. The counter had a total traded volume of 12:06PM shares so far with a turnover of Rs 0.29 crore on BSE. The stock traded at a price-to-earnings multiple of 56.86 and a price-to-book ratio of 4.48.
12.12 / 06:55
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Zomato, RIL, and BSE among stocks that mutual funds bought and sold in November
Mutual funds in November bought stocks worth Rs 264 billion in the Indian secondary market. The mutual fund managers actively churn the scheme portfolios and accordingly make changes from their portfolios to deliver better performance. Here are the large, mid, and smallcap stocks that mutual funds bought and sold in November, according to the Mutual Fund Insights report by Nuvama Alternative & Quantitative Research. The highest deployment by the mutual fund industry were Zomato's QIP (Rs 56 billion), IPOs of Swiggy (Rs 53 billion), and NTPC Green (Rs 40 billion). Meanwhile, mutual funds utilised the MSCI-driven liquidity at the end of November to partially exit inclusion such as HDFC Bank (Rs 110 billion), Voltas (Rs 14 billion), Oberoi Realty (Rs 11 billion), and Alkem (Rs 8 billion). Also Read | Mutual funds see Rs 8,995 crore inflow in mid and small cap funds in November. Should you allocate more?
12.12 / 06:55
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Share price of BEL as Sensex drops 112.96 points
Bharat Electronics Ltd. 0.19 per cent to Rs 314.45 at 11:51AM (IST) in Thursday's trade. The counter hit a high of Rs 316.05 and low of Rs 312.60 so far during the session. The stock had closed at Rs 313.85 in the previous session. The counter had a total traded volume of 11:51AM shares so far with a turnover of Rs 5.17 crore on BSE. The stock traded at a price-to-earnings multiple of 50.65 and a price-to-book ratio of 9.02.
12.12 / 06:55
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Waaree Energies shares climb 4% after arm receives LoA for 170 MW solar plant
Waaree Energies shares rallied 4% to Rs 3,303 in Thursday's intraday trade on the BSE after the company’s arm, Waaree Forever Energies, received a Letter of Award (LoA) for the development of a 170 MW solar power plant in Madhya Pradesh. «Waaree Forever Energies Private Limited, a wholly owned subsidiary of the company, has today received a Letter of Award (LoA) for the development of a 170 MW solar power plant in Madhya Pradesh from Rewa Ultra Mega Solar Limited (RUMSL),» the company said in an exchange filing.
12.12 / 06:55
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Crime Patrol' actress' 14-year-old son found dead, drug overdose suspected
Sagar Gangwar, son of television actress Sapna Singh Gangwar—known for her roles in Bhabhiji Ghar Par Hai and Crime Patrol—has sent shockwaves through Bareilly. Sagar’s body was discovered on Monday morning near Adalakhia village in the Izzatnagar area, two days after he went to play cricket with his 20-year-old friend, Anuj Singh Chaudhary. A Class 8 student, Sagar had been living with his maternal uncle, Rajesh Kumar Gangwar, in Bareilly, while his mother resides in Mumbai. Police have detained Chaudhary and another youth, Sunny (19), both college students, for questioning. While Sapna alleged her son’s body showed severe injuries, including a slit throat and broken limbs, authorities refuted these claims, citing the autopsy report. According to SSP Bareilly Anurag Arya, “The exact cause of death is undetermined. There are no traces of poisoning, but we suspect excessive alcohol consumption and a possible drug overdose. The report will be sent to the state forensic department for further analysis. Regarding injury claims, there were no wounds except for drag marks on the body.
12.12 / 06:55
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ICICI Lombard share price 0.09 per cent
ICICI Lombard General Insurance Company Ltd. traded 0.09 per cent up at Rs 1950.50 at around 11:56AM (IST) on Thursday. The stock had closed at Rs 1948.65 in the previous session. Equity benchmark Sensex traded 106.74 points at 81419.4 around the same time.
12.12 / 06:55
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Senior advocate Vrinda Grover not to represent RG Kar victim's family in courts: Sources
Vrinda Grover will no longer be representing the R G Kar Medical College rape-murder victim's family, sources said on Thursday. They said that the concerned trial court, before which the trial in the rape-murder case is being held, has been informed accordingly and that the counsels stand discharged from the matter. The sources said that at this stage, on account of «certain intervening factors and circumstances», senior advocate Vrinda Grover is constrained to withdraw from the case proceedings in this matter and will no longer be representing the victim's family. The chamber of advocate Grover, including advocates Soutik Banerjee and Arjun Gooptu, were requested by the victim's parents to provide legal representation before the Supreme Court, Calcutta High Court and the Sealdah sessions court and ACJM court, they said.
12.12 / 06:55
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REC 0.75% as Sensex
REC Ltd. traded at Rs 565.55 on BSE at 12:01PM (IST) on Thursday, 0.75 per cent from previous close. The scrip quoted a 52-week low price of Rs 389.05 and a high of Rs 653.90.
12.12 / 06:55
12.12 / 06:55
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OnlyFans model Lily Philips who broke down after having sex with 101 men in one day now wants to take 1,000-men challenge
Lily Philips, an OnlyFans model, has stirred intense debate online following her participation in an unconventional stunt aimed at having intimate encounters with 100 men in a single day. Philips exceeded her target, engaging with 101 men during the event, which was documented by filmmaker Joshua Pieters. However, the aftermath left her emotionally shaken, leading to widespread discussion about her well-being and the broader implications of such challenges. However, shockingly, she has now announced that she wants to take a new challenge to sleep with 1,000 men in 24 hours. The record for the highest number of sexual partners in a single day is held by adult film actress Lisa Sparks, who engaged with 919 men during the 2004 Adult Industry Fair in Poland. Sparks later shared that the experience left her in pain for a week. In anticipation of her own record attempt, Lily Phillips has been preparing over recent months by gradually increasing the number of encounters as part of what she refers to as her ‘Physical Training.’
12.12 / 06:49
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DLF Camellias' Rs 190 crore Gurugram apartment: How many Bitcoins would you need?
DLF’s record-breaking Rs 190 crore apartment at The Camellias has drawn comparisons with various investment benchmarks, including Bitcoin. At a current Bitcoin price of approximately Rs 82 lakh (or $97,000 as of 10th December 2024), purchasing this ultra-luxurious property would require nearly 231 Bitcoins. The deal, which saw the purchase of a stunning 16,290-square-foot penthouse by Rishi Parti, founder and Managing Director of Info-x Software Technology, marks one of the largest real estate deals in Delhi-NCR. The property, located in the exclusive Golf Course Road area of Gurugram, underscores the growing demand for high-end real estate in the city.
12.12 / 06:15
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How you can claim deductions and save on taxes from rental income
Rent can be an additional source of income for salaried individuals who have invested in property. While real estate as an investment may have its challenges in terms of liquidity and high capital requirement, rental income can complement one's salary.
12.12 / 06:01
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MadeGood granola bars recalled over possible metal fragments
MadeGood granola bars are being recalled in Canada over possible metal contamination, the company said.Riverside Natural Foods, the company behind the granola bars, issued a voluntary recall Monday due to the potential presence of metal fragments in the product, which could pose a safety hazard if eaten.“There is a very small risk that some of our granola bar products made between January and November 2024 may contain a piece of metal,” the company said in a statement posted on its Canadian website.“We have addressed the source of the issue and are conducting the voluntary recall with the knowledge of regulatory authorities.”The piece of metal is a small, flat brush bristle, the company added.No injuries have been reported, and the company said it issued the recall out of “an abundance of caution.”Specific products impacted by this recall include the following MadeGood products:Recalled products were produced between January and November 2024 and distributed throughout Canada, the United States and other international markets. Product UPCs and best-before dates included in the recall can be found here.If you have purchased a product that is part of the recall, you can return it to the store where you bought it.
12.12 / 06:01
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Hannah Kobayashi, missing Maui woman, found safe after month-long search
Hannah Kobayashi, the missing Hawaii woman whose disappearance prompted a massive search and a missing persons investigation in Los Angeles, has been found safe, police said Wednesday.Kobayashi vanished last month in Los Angeles. Other details about her disappearance, as well as where and how she was found, were not immediately available Wednesday, but police previously said she had voluntarily crossed the border into Mexico.“We are happy to learn that Hannah has been found safe,” the Los Angeles Police Department said in a statement.
12.12 / 06:01
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Dismembered head found 36 years ago in Ontario river. Now, police know who he is
Peterborough police say they finally have a breakthrough.The homicide of the Otonabee River man – revealed on Wednesday to be Gerald Durocher – has mystified investigators ever since the grisly discovery was made by members of a recreational dive club more than three decades ago.It was on July 10, 1988, when the divers took to those waters in Peterborough and found a human head at the bottom of the river some 130 feet from shore.Shortly after the discovery, which was made near Lock and McKellar streets, police launched an extensive air and underwater search to locate the rest of the body. However, to this day, it was never found.On its website, police said that through investigation at the time, they determined the head belonged to a man roughly between 40 to 74 years of age.“Some lower molars were missing and had been lost well prior to death.
12.12 / 05:59
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Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index traded 46.21 points down at 24595.6, while BSE Sensex was 91.86 points at 81434.28 as of 11:09AM(IST)on December 12.
12.12 / 05:59
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Indian Hotels shares 0.01% as Sensex falls
Indian Hotels Company Ltd. traded 0.01 per cent in Thursday's session at 11:05AM (IST). The stock opened at Rs 836.75 and has touched an intraday high and low of Rs 843.50 and Rs 834.35, respectively, during the session so far. The stock quoted a 52-week high of Rs 846.00 and a 52-week low of 416.15. About 30,850 shares changed hands on the counter so far.
12.12 / 05:59
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Who is Benny Blanco, Selena Gomez's fiance? Why famous singer's fans are not happy with her choice
Benny Blanco. The multi-talented singer, actress, and entrepreneur behind Rare Beauty joyfully shared the wonderful news with her followers on Instagram, posting images of her engagement ring with the caption, «Forever starts now...» At 32 years old, Gomez made her relationship with music producer Blanco public in December 2023, though they had been speculated to be an item since June of the previous year. The couple had collaborated professionally on Gomez's 2023 track 'Single Soon' and her 2019 song 'I Can’t Get Enough.' It's been a remarkable year for Gomez, marked by tremendous success in film, television, and now in her personal life. Earlier this year, she earned a shared best actress award at the Cannes Film Festival for her role in Emilia Perez alongside her co-stars Karla Sofía Gascón, Adriana Paz, and Zoe Saldaña. Additionally, Gomez received an Emmy nomination for Outstanding Lead Actress in a Comedy Series for her performance in Hulu's Only Murders in the Building. This week, she also garnered two Golden Globe nominations, one for Emilia Perez and another for Only Murders in the Building.
12.12 / 05:59
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Avenue Supermart shares 0.21% as Sensex
Avenue Supermarts Ltd. traded at Rs 3701.55 on BSE at 11:16AM (IST) on Thursday, 0.21 per cent from previous close. The stock quoted a 52-week low price of Rs 3567.35 and a high of Rs 5484.00.
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