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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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09.12 / 05:35
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AAP slams Centre over bomb threats to Delhi schools
Union Home Minister Amit Shah answer the people of the city. Around 40 prominent schools in Delhi received bomb threats on Monday morning, a police official said. The majority of schools have asked the students to go back to their homes. Chief Minister Atishi charged that the Centre has failed in its only responsibility of providing safety to the people of Delhi.
09.12 / 05:35
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Stock market update: Nifty Realty index 0.33% in a weak market
DLF Ltd.(up 1.43 per cent), Sobha Ltd.(up 0.79 per cent), Oberoi Realty Ltd.(up 0.52 per cent), Godrej Properties Ltd.(up 0.38 per cent) and Prestige Estates Projects Ltd.(up 0.33 per cent) were among the top gainers.
09.12 / 05:35
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India's luxury property market is a boon to Trump's business
Trump started his first campaign for the presidency, two Trump-branded buildings were going up in India, one in the financial capital of Mumbai and the other nearby in Pune. Before he won in 2016, the Trump Organization expanded its business in India, signing deals in two more big cities. The day after Trump's victory in November, a developer in India told local media about half a dozen new deals. Like the others, Indian companies buy the land, build the high-rises, sell the units and pay a fee to use the Trump name. These deals are putting India even more squarely in the Trump Organization's sights. And with Trump on his way back to the White House, the country is emerging as center stage for potential conflicts of interest.
09.12 / 04:51
09.12 / 04:51
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Sensex falls! These stocks are down 5% or more on BSE
On the BSE, Adeshwar Meditex(down 20.00 per cent), Mishtann Foods(down 19.96 per cent), Shivansh Finserve(down 15.00 per cent), AVI Products India (down 12.23 per cent) and Aztec Fluids & Machi(down 10.73 per cent) were among the stocks that plunged over 5 per cent during the session.
09.12 / 04:51
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Stock market update: Nifty Auto index 0.42% in a weak market
MRF Ltd.(up 1.49 per cent), Apollo Tyres Ltd.(up 1.24 per cent), Balkrishna Industries Ltd.(up 0.66 per cent), Exide Industries Ltd.(up 0.61 per cent) and Bharat Forge Ltd.(up 0.27 per cent) were among the top gainers.
09.12 / 04:51
09.12 / 04:51
09.12 / 04:51
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Buy Inox Wind, target price Rs 245: ICICI Securities
buy call on Inox Wind with a target price of Rs 245. The current market price of Inox Wind is Rs 206.4. Inox Wind, incorporated in 2009, is a Small Cap company with a market cap of Rs 26854.24 crore, operating in the Power sector. Inox Wind's key Products/Revenue Segments include Wind Turbine Generator, Sale of services and Other Operating Revenue for the year ending 31-Mar-2024.
09.12 / 04:51
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Pharmaceuticals
Stock market update: Nifty Pharma index 0.74% in a weak market
Natco Pharma Ltd.(up 0.83 per cent), Mankind Pharma Ltd.(up 0.67 per cent), Torrent Pharmaceuticals Ltd.(up 0.23 per cent), Granules India Ltd.(up 0.15 per cent) and Ajanta Pharma Ltd.(up 0.13 per cent) were among the top gainers.
09.12 / 04:51
09.12 / 04:51
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India slams developed countries for climate crisis at ICJ hearing
ICJ) on Thursday, saying they exploited the global carbon budget, failed to honour climate-finance promises and are now demanding that developing countries restrict their resource use. The court is examining what legal obligations countries have to address climate change and the consequences if they fail. India also urged the ICJ to avoid creating new obligations that go beyond the existing climate-change framework. «The court may exercise due caution to avoid devising new or additional obligations beyond what is already agreed under the existing climate-change regime, which take into consideration historic emissions, climate justice and the principal principle of equity and CBDR-RC, as well as the equitable access to the global carbon budget,» the country said.
09.12 / 04:51
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Climate-vulnerable countries push for credit rating overhaul
The U.N. meeting in New York is the second of four to set goals for a major finance conference in Spain next year, where heads of state will look to step up efforts to meet the world's climate and sustainability targets. At the forefront of the talks are 39 so-called Small Island Developing States (SIDS) — including Cuba, Haiti, Fiji and the Maldives — that are bearing the brunt of increasing tropical storms, flooding, erosion and rising sea levels.
09.12 / 04:41
Citi
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Parke
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Investigations
A timeline of the fatal shooting of UnitedHealthcare CEO Brian Thompson and search for his killer
The search for UnitedHealthcare CEO Brian Thompson’s killer has stretched into a fifth day — and beyond New York City
09.12 / 04:41
09.12 / 04:41
Continental
pandemic
country
outbreak
reports
testing
Morocco produces Africa’s first mpox tests as the continent tries to rely less on imports
After African countries struggled to get testing kits during the COVID-19 pandemic, officials vowed to make the continent less dependent on imported medical supplies
09.12 / 04:09
Apple
crypto currency
Crypto chaos: WazirX hack leaves investors in financial turmoil
“My cousin told me some Rs 2,000 crore had been stolen from the company,” said the 32-year-old man. “I immediately rushed to withdraw my Rs 7 lakh investment on WazirX but it was too late--no transactions were allowed.”
09.12 / 04:05
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Buy Lemon Tree Hotels, target price Rs 164: ICICI Securities
buy call on Lemon Tree Hotels with a target price of Rs 164. The current market price of Lemon Tree Hotels Ltd. is Rs 136.65. Lemon Tree Hotels, incorporated in 1992, is a Mid Cap company with a market cap of Rs 10829.22 crore, operating in Tourism & Hospitality sector. Lemon Tree Hotels' key Products/Revenue Segments include Income from Rooms, Restaurants & Other Services and Other Operating Revenue for the year ending 31-Mar-2024.
09.12 / 04:05
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Stocks to buy today: Zomato, Tata Motors among top 9 trading ideas for 9 December, 2024
The Nifty future closed positive with gains of 0.04% at 24775 levels on Friday. India VIX closed at 14.14 in the previous trading session.
09.12 / 04:05
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guidelines
NRI Talk: FCNR(B) Deposits - Higher rates offer NRIs an attractive investment opportunity
RBI guidelines and the rates at which they are able to lend in foreign currency,” says Bhavik Thakkar, CEO Abans Investment Managers. In an interview with ETMarkets, Thakkar said: “For NRIs since rates have gone down in global major economies, India FCNR rates relatively becomes attractive, if it further goes up, it may benefit them more,” Edited excerpts:
09.12 / 04:05
markets
SUN
CEO
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Poonawalla Fincorp shares fall 3% after CTO steps down citing harassment
Poonawalla Fincorp fell over 3% to Rs 342 in the morning on Monday after the company’s Chief Technology Officer, Dhiraj Saxena, resigned citing harassment by the company’s Chief Human Resources Officer (CHRO). Saxena’s resignation, effective on December 3, was officially submitted on September 6, according to a regulatory filing.
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