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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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11.12 / 13:29
11.12 / 13:29
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Being a mutual fund distributor is a good career option, says Zerodha's Nithin Kamath
mutual fund industry, Zerodha Founder and CEO Nithin Kamath said as he lamented inadequate number of Registered Investment Advisors (RIAs) and Mutual Fund Distributors (MFDs). While Zerodha offers direct plans, the entrepreneur acknowledged the role of MFDs in taking the industry forward and went on to recommend it as a «good career option». «Despite all the interest in the stock market after COVID, there are still only 5 crore unique mutual fund investors. I've said this earlier as well—one of the biggest challenges for the Indian markets is the lack of an advisory ecosystem with just about 900 RIAs,» Kamath tweeted.
11.12 / 13:29
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Christopher Nolan on 'Interstellar's' cosmic success 10 years later
Christopher Nolan's "Interstellar." The science fiction epic starring Matthew McConaughey and Anne Hathaway earned $4.5 million from only 166 screens in the U.S. and Canada. Its 70mm IMAX film presentations sold out in minutes, leaving theaters scrambling to add more and people paying up to $300 on the re-sale market. Those 10 film screens alone had a staggering $70,000 per theater average, one of the highest of the year and usually the bragging rights of acclaimed arthouse movies playing on only four screens.
11.12 / 13:29
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rapper
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Will Beyonce stick around with rape accused husband Jay-Z; this is what a close source has said
Beyoncé is putting her family first despite the rapper's rape allegations, sticking by Jay-Z, they'll deal with this together. After Jay-Z was accused of raping a 13-year-old girl during a party with Sean Diddy Combs in 2000, Beyoncé intends to stay married to him. The accusations have been strongly refuted by both rappers. Beyoncé is sticking by Jay, as evidenced by last night's family outing, in reference to the Carters walking the red carpet at Monday night's premiere of Mufasa: The Lion King, as quoted in a report by Page Six.
11.12 / 13:29
11.12 / 13:29
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Tech View: What expansion of outer Bollinger band in Nifty indicates for Thursday’s trade
Nifty broke its three-session losing streak and settled at 24,641.80, gaining by 31.75 points or 0.13%. Meanwhile, the 30-stock S&P BSE Sensex finished flat at 81,526.14, rising by just 16 points. Bank stocks dragged the index despite buying trends in IT, auto and FMCG stocks. Nifty formed another doji candle well within the range of the last five day's candles, indicating indecisiveness in the index, Dr. Praveen Dwarakanath, Vice President of Hedged.in said, commenting on the day's action.
11.12 / 13:29
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Videos
GTA 6 release date: When can gamers play Grand Theft Auto VI?
Grand Theft Auto VI or GTA 6 release date is a much awaited among gamers. The sixth installment of the Rockstar Games' popular video game will once again be set up in the fictional Vice City. The video has witnessed several delays in the its release schedule. There were also rumors that the video game was leaked online even before the schedule release date. GTA 6 was being developed by Rockstar for more than 10 years. However, the makers have assured that GTA 6 will be released as per planned Fall in 2025, as per the report on The Direct.
11.12 / 13:29
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Apple adds ChatGPT to iPhone in latest iOS update
OpenAI's ChatGPT into its devices, delivering on a long-awaited feature that investors hope will help drive sales of its latest iPhones. The rollout is part of a wider deployment of artificial intelligence-powered tools in the latest updates to the operating systems for iPhones, iPads and Mac computers. The ChatGPT integration, announced in June as part of the Apple Intelligence unveil, will allow the company's Siri voice assistant tap the chatbot's expertise including on user queries about photos and documents such as presentations.
11.12 / 12:29
11.12 / 12:29
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Stock market update: Nifty IT index 0.33%
Shares of Infosys Ltd.(up 1.32 per cent), Wipro Ltd.(up 0.3 per cent), LTIMindtree Ltd.(up 0.3 per cent), Persistent Systems Ltd.(up 0.23 per cent) and MphasiS Ltd.(up 0.09 per cent) ended the day as top gainers in the pack.
11.12 / 12:29
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Healthcare sector sees surge in hiring intent led by Delhi, Chennai: TeamLease EdTech
Healthcare sector in the country is witnessing a hiring surge, with 47 per cent employers planning to recruit staff in this segment, driven by advancements in telehealth and a growing focus on preventive care services, TeamLease EdTech said on Wednesday. The surge in healthcare sector hiring is led by Delhi and Chennai as these cities witnessed highest demand for critical roles in this space. Delhi (65 per cent), Bangalore (56 per cent) and Ahmedabad (48 per cent) have emerged as key hubs for Research Associate roles, which involve conducting medical research, supporting clinical trials, and managing data. According to the report, the aging population and the prevalence of chronic illnesses continue to highlight the need for continuous healthcare support and innovative treatments.
11.12 / 12:29
11.12 / 12:29
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Logistic cost in India to come down to 9 pc in 2 years: Nitin Gadkari
Nitin Gadkari on Wednesday said the logistics cost in India will come down to 9 per cent within two years. Speaking during bauma Conexpo India, the Road Transport and Highways Minister said that «presently our logistics cost is 14-16 per cent… I assure you that within two years… our logistics cost will be 9 per cent. So we will be more competitive in the international market.» In China, the logistics cost is 8 per cent and in the US and European countries it is 12 per cent, the minister said. The minister further said the automobile industry is one of the important industries that is giving maximum revenue as part of GST to the state governments and the Centre.
11.12 / 12:29
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Budget 2025: Five steps of India's Budget formation explained
Budget 2025: Every year, the Department of Economic Affairs in the Ministry of Finance prepares the Union Budget, which is then presented by the Finance Minister. The Budget which is tabled annually serves as a financial plan for the country and lays out the estimated earnings and expenditures of the government for the upcoming fiscal year. Here are the five essential steps involved in the formation of the Union Budget: Initial Processes: The process starts approximately six months before the Budget is presented. The Finance Ministry releases Budget Circulars to the relevant ministries and departments, providing essential instructions and guidelines. These circulars are then circulated among disbursing and field officers, who provide information about their department’s financial expenditures, receipts for the current and previous fiscal years, and their financial needs for the upcoming fiscal year.
11.12 / 12:29
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Cipla gets CDSCO nod to launch inhalation insulin
Cipla on Wednesday said it has received the nod from Central Drugs Standard Control Organisation (CDSCO) for the exclusive distribution and marketing of Afrezza — inhalation human insulin in India. Afrezza is a rapid-acting insulin delivered through an inhaler as compared to current insulins which are given as injections. Taken at the beginning of a meal, Afrezza dissolves rapidly upon oral inhalation into the lungs and delivers insulin quickly to the bloodstream. Cipla said Afrezza starts working in as early as 12 minutes and helps in reducing the rapid increase seen in sugar levels with meals. The effect of Afrezza lasts for about 2-3 hours and it closely resembles the body’s own response to insulin.
11.12 / 12:29
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India must work to enhance its digital sector to become an economic powerhouse, says PM Modi
India must strive to become an economic powerhouse and for that, the country needs to work towards developing the newest sector of its economy: the digital world, Prime Minister Modi said on Wednesday. While addressing the Smart India Hackathon 2024 virtually, Modi stressed on the need for the country to pivot towards the enhancement of its digital possibilities. «If we want to become an economic superpower, then we must work on the enhancement of digital world, the newest economic sector.
11.12 / 12:29
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Reliance Strategic Business Ventures’ Rs 202 cr plan for Karkinos Healthcare approved by NCLT
National Company Law Tribunal (NCLT) of Mumbai has approved Reliance Strategic Business Ventures Limited’s Rs 202 crore resolution plan for Karkinos Healthcare Pvt. Ltd. (KHPL), a tech-driven oncology platform, which was undergoing insolvency proceedings. The Mumbai Bench gave its nod on December 9, 2024, following approval from 100% of committee of creditors (CoC). KHPL entered the Corporate Insolvency Resolution Process (CIRP) on May 21, 2024. The approved plan provides for 100% recovery of dues across all creditor classes, including financial creditors, employees, and suppliers.
11.12 / 12:29
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travelers
Thailand to launch e-Visa for Indian travellers from January 2025; check details
Indian passport holders starting January 1, 2025, while the existing 60-day visa exemption for Indian travellers will remain in effect. Applicants, non-Thai nationals, must apply for all types of visas at the website https://www.thaievisa.go.th. Each application can be applied by (1) the applicants themselves or (2) other representatives. ALSO READ: Simplest hack for a cheap New Year's trip-go abroad
11.12 / 12:25
11.12 / 11:41
Updates
South Africa Women vs England Women Live Score: 3rd ODI of England Women tour of South Africa, 2024 to start at 05:30 PM
Venue : JB Marks Oval, Potchefstroom South Africa Women squad - Anneke Bosch, Lara Goodall, Laura Wolvaardt, Tazmin Brits, Annerie Dercksen, Chloe Tryon, Marizanne Kapp, Nadine De Klerk, Sune Luus, Mieke De Ridder, Sinalo Jafta, Ayabonga Khaka, Ayanda Hlubi, Masabata Klaas, Nonkululeko Mlaba England Women squad - Alice Capsey, Danni Wyatt-Hodge, Heather Knight, Maia Bouchier, Sophia Dunkley, Tammy Beaumont, Charlie Dean, Nat Sciver-Brunt, Amy Jones, Kate Cross, Lauren Bell, Lauren Filer, Sarah Glenn, Sophie Ecclestone South Africa Women vs England Women Match Details 3rd ODI of England Women tour of South Africa, 2024 between South Africa Women and England Women to be held at JB Marks Oval, Potchefstroom at 05:30 PM.
11.12 / 11:41
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Where should investors park their debt funds after RBI's policy move
Subscribe to enjoy similar stories. The Reserve Bank of India’s (RBI) decision to reduce the cash reserve ratio (CRR) in its bi-monthly monetary policy marks an important first step in its policy easing cycle.
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