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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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07.12 / 12:23
Strategy
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NCLAT sends Aakash's AoA amendment case back to NCLT
NCLAT) has declined to lift the stay on the NCLT order, barring amendment of the Articles of Association of Aakash Educational Services, a subsidiary of the debt-ridden edtech major Byju. Disposing the petitions moved by Manipal Health Systems and Aakash Educational Services, the Chennai bench of the National Company Law Appellate Tribunal on Friday asked them to file applications before the National Company Law Tribunal for vacating the order passed on November 20, 2024. A two-member bench granted them a week to file it and also directed the National Company Law Tribunal (NCLT) to decide it within three weeks thereafter. Moreover, the status quo would continue as directed by the Supreme Court in this matter, a 14-page-long NCLAT order said.
07.12 / 12:23
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'Do your freaking job': Outrage erupts as South Korean lawmakers boycott key impeachment vote
President Yoon Suk Yeol declared martial law, citing threats from North Korea and accusing the National Assembly of obstructing government functions. This marked the first such declaration since 1980. Though rescinded within six hours, the move shocked the nation and drew widespread condemnation, both domestically and internationally. The streets surrounding the National Assembly in Seoul became the epicentre of dissent, with an estimated 150,000 protesters demanding Yoon’s impeachment. Banners with messages like «Impeach Yoon» and «Insurrection Criminal» were held high, while chants of «South Korea is a democratic republic» reverberated through the crowd. The protests, which included families with young children and groups singing protest songs, carried a festival-like atmosphere but turned sombre as parliament debated Yoon’s political fate. Protester Jo Ah-gyeong, a 30-year-old Seoul resident, expressed resolve: “I’m neither discouraged nor disappointed because we’ll get it eventually. I’ll keep coming here until we do.”
07.12 / 12:23
07.12 / 12:23
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Nirmala Sitharaman meets MSME stakeholders in pre-Budget consultation
Nirmala Sitharaman chaired another pre-Budget meeting, this time with the stakeholders from Micro, Small and Medium Enterprises, to gather their inputs and suggestions for the upcoming Budget for 2025-26. The meeting was also attended by Union Minister of State for Finance Pankaj Chaudhary; Finance Secretary; DIPAM Secretary; Department of Economic Affairs Secretary; Chief Economic Adviser; among others. Members from Association of Women Entrepreneurs of Karnataka (AWAKE); Karnataka SC and ST Entrepreneurs Association; Plant-Based Food Industry Association (PBFIA); Ambala Scientific Instruments Manufacturers Association (ASIMA); Rajasthan Footwear Manufacturers Association; The All-India Plastics Manufacturers Association; All India Manufacturers Association; Gujarat Chamber of Small Industries Association; Federation of Associations of Cottage and Small Industries (Based in West Bengal); Federation of Andhra Pradesh Small and Medium Association; and Laghu Udyog Bharati were among the participants at the meeting.
07.12 / 12:23
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Innovative, participative diplomacy can help solving conflicts: Jaishankar
participative diplomacy, External Affairs Minister S Jaishankar on Saturday said that the general sort of the needle is moving more towards the reality of a negotiation than the continuation of the Russia-Ukraine war. Jaishankar also highlighted the impact of the conflict situations in the Gulf and the Mediterranean region on countries all over, including India, in terms of cost escalation for oil, fertilisers and shipping etc. Visiting Doha to participate in the Doha Forum at the invitation of Prime Minister and Minister of Foreign Affairs of State of Qatar Mohammed bin Abdulrahman and was addressing a panel along with him and Norway's Foreign Minister Espen Barth Eide. Answering a question about the situation in the Gulf region and the latest in Syria, the External Affairs Minister highlighted how there is a widening of conflict and gave examples of Israel-Iran firing at each other; said how the situation in Red Sea is impacting shipping for Asia, and then, referred to a previous session of journalists who said even when the job is tough, journalists need to do it.
07.12 / 12:23
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World Chess Championship: Gukesh plays out easy draw, scores remain tied
D Gukesh yet again proved equal to the task with defending champion Ding Liren of China as the 10th game of the World Chess Championship between them ended in a draw without much excitement here on Saturday. It was by far the easiest of the game with black pieces for Gukesh as the position played itself out of a London system game wherein Ding Liren took no risks and was also apparently happy with the drawn result. The seventh consecutive draw — and eighth of the match — left both players on an identical tally of 5 points each, still shy of 2.5 points in order to win the championship.
07.12 / 12:23
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Will always be against communalism: Samajwadi Party pulls out of MVA in Maharashtra
Samajwadi Party's Maharashtra President Abu Azmi expressed dissatisfaction with the «communal remarks» made by Shiv Sena (UBT) and pulled out of the Maha Vikas Agadhi (MVA) alliance on Saturday. The SP Maharashtra president announced in a post on X that the party had quit the alliance in the state due to the remarks made by Shiv Sena (UBT) leader, Azmi said, «Samajwadi Party was, is and will always be against communalism. SP leaves Maha Vikas Aghadi because of Shiv Sena (UBT)» Azmi was referencing the remarks made by the Shiv Sena (UBT) that had posted a picture of the Babri Masjid and Balasaheb Thackeray, expressing solidarity with the Babri masjid demolition.
07.12 / 12:23
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Eight-fold rise in per capita income needed to realise 'Vikshit Bharat' goal: Dhankhar
Jagdeep Dhankhar on Saturday asserted that an eight-fold rise in per capita income needs to be achieved to realise the goal of «Viksit Bharat» (developed India) by the year 2047. Addressing the second convocation ceremony of Mahatma Gandhi Central University in Bihar's Motihari, he also expressed hope that the country, which was currently the «fifth largest economy» in the world, would «soon leave Germany and Japan behind». Lavishing praise on the Narendra Modi government at the Centre, without taking any names, Dhankhar said, «The last 10 years have been marked by eradication of a culture of corruption and middlemen seem to have been eliminated».
07.12 / 12:23
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India's Head(ache): Travis' ton helps Australia take control as visiting top-order crumbles
pink ball Test as their formidable pacers scythed through India's top-order after nemesis Travis Head's counterattacking century handed his team a substantial first-innings lead on a riveting second day here on Saturday. The Adelaide Oval was throbbing with life through the three sessions of play as Head dominated India with his wide range of strokes on way to a 140 off 141 balls before the trio of Scott Boland (2/39), Mitchell Starc (1/49) and Pat Cummins (2/33) left the visitors in a spot of bother at 128 for five in their second innings and trailing by 29 runs. At stumps, Rishabh Pant was living dangerously on a 25-ball 28 and Nitish Reddy was batting on 15 off 14. Thanks to Head's eighth Test century, which he reached in 111 balls after toying with the Indian bowling attack, Australia ended with 337 all out, and more importantly, a 157-run first-innings lead.
07.12 / 12:07
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Relationships
Trump targets Canada with tariff threats—and trolling
Subscribe to enjoy similar stories. Canada and its prime minister, Justin Trudeau, have a Donald Trump problem. The pair had an at-times rocky relationship during Trump’s first term in the White House, and the president-elect couldn’t resist getting in a dig last week during their impromptu meeting over dinner at Mar-a-Lago, his Florida estate.
07.12 / 11:07
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Are pre-workout supplements worth the hype? Here's what you need to know
Subscribe to enjoy similar stories. The average amount of caffeine in an espresso shot is between 50-65mg. It is recommended that the amount of caffeine for adults through a day should not exceed 400mg.
07.12 / 11:07
07.12 / 11:07
UPS
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Recipes to transform yam into gourmet delights
Subscribe to enjoy similar stories. Seeing a common household vegetable featured creatively in a dish is a delight, especially for someone like me who often laments that the vegetarian menus in restaurants are restricted to paneer and potatoes. I understand that the economics of running a viable restaurant business means that they have to rely on produce and dishes with mass appeal.
07.12 / 11:07
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2020
Dividend stocks are primed for a comeback in 2025
Subscribe to enjoy similar stories. Owning stocks with big dividends might finally start paying off. Dividend-paying stalwarts such as JPMorgan Chase and Merck are primed to fare better in the coming year, some investors said.
07.12 / 10:35
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SBI and HUDCO among 5 PSU stocks Quant Small Cap Fund bought in November
Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, added 10 stocks to its portfolio in November. Of these 10, five were PSU stocks including SBI, HUDCO, Mazagon Dock Shipbuilders, MOIL, and ONGC. Apart from these five PSU stocks, the smallcap fund added Cochin Shipyard, Welspun Corp, Welspun Enterprise, Om Infra, and Punjab Alkalies and Chemicals. Also Read | Explainer: What are different types of SIPs available for mutual fund investors and who should use them
07.12 / 10:35
markets
IPO
security
Analysis
Software
Trade
social
Scam alert! What Zerodha's Nithin Kamath said on Trafiksol ITS Technologies IPO, Baap of Chart
Zerodha Founder and CEO Nithin Kamath on Saturday took to social media platform X to warn investors of the stock market malices happening daily and how investors were being fooled by scamsters. Citing market regulator Securities and Exchange Board of India's (Sebi’s) two recent orders — Trafiksol ITS Technologies IPO and Baap of Chart — Kamath reiterated that shortcut to make a quick buck is the surest way to lose money in the markets.
07.12 / 10:35
markets
COST
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economy
Sustainability
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Why govt's chief economist is batting for your salary growth
Anantha Nageswaran has pointed out that listed companies are making higher profits but they are paying less to their employees. Nageswaran nudged the private corporate sector to hire more and find the “right balance between capital-intensive and labour-intensive growth”, underling that while profits of listed companies--as a percentage of GDP--hit a 15-year high in 2023-24, their wage cost increase decelerated. Without a judicious balance between the share of corporations’ income making up their profits and that going to workers as wages, there won’t be adequate demand in the economy for companies’ own products to be bought, the CEA said at an event a few days ago. Sustained income growth bolsters both consumption and savings, eventually spurring economic expansion. “In other words, not paying workers well or not hiring workers enough will end up being actually self-destructive or harmful for the corporate sector itself and for small enterprises,” Nageswaran said, stressing that even legendary economist Adam Smith had written The Theory of Moral Sentiments before his seminal work--The Wealth of Nations. “The most important ingredient of long term growth and consumption is to ensure employment income growth and, thus, spending power growth. Otherwise, it will become a mutually self-destructive cycle,” the CEA said.
07.12 / 10:35
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Celebrity
Royal Family
Features
Princess Diana’s prized necklace, worth Rs 150 crore, now adorns Kate Middleton’s neck
Duchess of Cambridge, has paid a heartfelt tribute to Princess Diana's enduring legacy by inheriting a remarkable collection of jewels. Among these treasures is a stunning emerald and diamond choker valued at INR Rs 14.56 crore (approximately £16 million). Originally a wedding gift from Queen Elizabeth to Princess Diana in 1981, the necklace was given to Diana on a lifetime loan. Now, this exquisite heirloom has been passed down to Kate, who has embraced its history with grace. Kate, celebrated for her impeccable style, honored the piece by wearing it during the 2022 Earthshot Prize Awards. Paired with a rented off-the-shoulder dress from Solace London, the choker became a centerpiece of her ensemble, perfectly aligning with the event’s sustainable fashion theme. The necklace, featuring dazzling emeralds and diamonds weighing approximately 10 carats each, is now estimated to be worth INR 150 crore (about $20 million). Throughout her time in the Royal Family, Kate has subtly incorporated Princess Diana’s iconic fashion elements into her wardrobe, from her engagement ring to other jewelry pieces. Her choices are not only tributes to Diana but also to Queen Elizabeth II, whom she honored during the 2022 Remembrance Sunday service by wearing sentimental earrings. Following Diana’s tragic passing, Kate thoughtfully selected heirloom pieces that reflect a deep respect for tradition and a desire to preserve the memory of her predecessors.
07.12 / 10:35
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TMC names Ritabrata Banerjee as candidate for Rajya Sabha bypolls
The bypoll was necessitated following the resignation of Jawhar Sircar as the TMC's Rajya Sabha MP in September following the R G Kar rape-murder incident and subsequent protests. "… We are pleased to announce the candidature of Ritabrata Banerjee for the forthcoming Rajya Sabha by-elections," the party said in post on X.
07.12 / 10:35
UPS
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Munawar Faruqui reveals he had barely Rs 700 left to treat his son’s rare heart disease
Munawar Faruqui recently shared a heartbreaking anecdote. The ‘Bigg Boss 17’ winner revealed that his son Mikael was diagnosed with a rare disease when he was just one-and-a-half years old. To add insult to injury, Faruqui struggled with paying medical expenses. In a podcast with Janice Sequeira, he shared about his ordeal. He opened up about the financial hardships he faced during that challenging period. He disclosed that his son's medical diagnosis required injections priced at Rs 25,000 each, while he barely had Rs 700 in his pocket at the time. “That situation scares me. My son was one and a half years old back then. He fell ill, and for 2-3 days, his condition didn’t improve. After taking him to the hospital, we discovered he had Kawasaki disease. Three injections were required, each costing Rs 25,000. I needed Rs 75,000 but had only Rs 700-800 in my wallet," he said.
07.12 / 10:35
markets
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Mike Tyson sued for $1.6 million over alleged deal break ahead of Jake Paul fight. Details inside
The lawsuit, filed in October, states Mike Tyson Tyson terminated the deal in March – the same day his fight with Paul was announced – because Medier breached their agreement. ALSO READ: Milaf Cola: Saudi Arabia launches world’s first date-based soft drink. Is it a threat to Coca Cola and Pepsi?
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