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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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05.12 / 11:59
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Stock market investors: Can family members operate their demat accounts using a single mobile number? Here’s what SEBI says
Securities Exchange Board of India (SEBI) recently clarified that under exceptional circumstances, a stock broker can upload the same mobile number or email address for more than one client if the clients belong to the same family. A retail investor can use his number or email ID to operate his family members’ demat accounts under certain conditions. Family for this purpose would mean self, spouse, dependent children and dependent parents. SEBI said that this is possible only under certain circumstances and on the client's written request. This rule will come into force with immediate effect. According to a SEBI circular on December 3, 2024, “Master circular states the following regarding uploading of mobile number and e-mail by stock brokers: Stock Brokers shall ensure that separate mobile number/email address is uploaded for each client. However, under exceptional circumstances, the stock broker may, at the specific written request of a client, upload the same mobile number / email address for more than one client provided such clients belong to one family. Family for this purpose would mean self, spouse, dependent children and dependent parents.”
05.12 / 11:59
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Stock market update: FMCG stocks up as market rises
Sheetal Cool Products Ltd.(up 5.00%), Varun Beverages Ltd.(up 2.36%), Euro India Fresh Foods Ltd.(up 2.36%), Vadilal Industries Ltd.(up 2.15%), Heritage Foods Ltd.(up 2.07%), Gillette India Ltd.(up 2.05%), Nakoda Group Of Industries Ltd.(up 1.62%), LT Foods Ltd.(up 1.60%), Godrej Consumer Products Ltd.(up 1.33%) and Hindustan Unilever Ltd.(up 1.23%) stood among the top gainers.
05.12 / 11:59
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Stock market update: Sugar stocks up as market rises
Triveni Engineering & Industries Ltd.(up 9.61%), Simbhaoli Sugars Ltd.(up 1.34%), DCM Shriram Industries Ltd.(up 1.08%), Avadh Sugar & Energy Ltd.(up 0.66%), Kothari Sugars & Chemicals Ltd.(up 0.64%), Rajshree Sugars & Chemicals Ltd.(up 0.60%), Dhampur Sugar Mills Ltd.(up 0.45%), Dwarikesh Sugar Industries Ltd.(up 0.42%), Dalmia Bharat Sugar and Industries Ltd.(up 0.40%) and Sakthi Sugars Ltd.(up 0.21%) stood among the top gainers.
05.12 / 11:59
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Killer of UnitedHealthcare CEO Brian Thompson left cryptic message on bullet, bought coffee from Starbucks: Report
UnitedHealthcare CEO Brian Thompson allegedly left a cryptic message engraved on the bullet used to murder him, according to a report by the New York Post. The masked gunman, who fatally ambushed Thompson on a Manhattan sidewalk, disappeared into Central Park and remains at large. The 50-year-old executive was killed early Wednesday morning while walking to the company’s annual investor conference at a Midtown Hilton hotel, located near prominent landmarks like Radio City Music Hall and the Museum of Modern Art. Sources cited by the New York Post claimed that the words “deny,” “depose,” and “defend” were engraved on live rounds and shell casings left behind. Police recovered three live 9-millimeter rounds and three discharged casings from the crime scene.
05.12 / 11:59
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EAM Jaishankar reiterates India's support for two-state solution, explains abstention from UN resolutions on Gaza conflict
S Jaishankar on Thursday, reiterated India's support for a two-state solution in the long-standing Israel-Palestine conflict, while also asserting that issues of terrorism and hostage-taking cannot be underplayed or ignored. Speaking in the Rajya Sabha today, Jaishankar explained India's decision to abstain from voting in some of the resolutions regarding the Gaza conflict in the United Nations General Assembly. In response to TMC MP Saket Gokhale's question on India's stance on a two-state solution to Palestine, Jaishankar said, «We support the two-state solution and we have been public and unambiguous about that. So, there should be no cause for confusion regarding the two-state solution.»
05.12 / 11:59
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Myntra brings quick delivery to online fashion, launches 30-minute service
Myntra, India’s largest online lifestyle and fashion retailer, has joined the quick-commerce bandwagon, launching a 30-minute delivery service called M-Now in Bengaluru that it plans to expand to cities like Mumbai, New Delhi and Pune in the coming months. Myntra is entering the segment with an extensive assortment — about 10,000 stock-keeping units (SKUs) to start with — compared with a limited number of lifestyle and fashion products like regular t-shirts and innerwear offered on quick-delivery platforms such as Blinkit, Zepto and Swiggy Instamart. It started a pilot project last month and the service is now live in some areas of Bengaluru. M-Now will deliver fashion and beauty products and accessories within 30 minutes using dark stores, or micro warehouses, run by third parties as well as retail stores of fashion brands, Myntra chief executive Nandita Sinha told ET.
05.12 / 11:17
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Bitcoin hits $100,000 for first time amid hopes of Trump’s crypto-friendly policies
Bitcoin soared past the $100,000 mark for the first time on Thursday, buoyed by hopes that US President-elect Donald Trump will introduce measures to deregulate cryptocurrencies once he assumes office next month. The cryptocurrency was trading at $102,727 as of 8:43 am IST, extending a rally that began after Trump’s election victory on November 5. During his campaign, Trump pledged to make the United States the «bitcoin and cryptocurrency capital of the world.»
05.12 / 10:47
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Avg housing prices up in 23 major tier II cities; rates fall in 5 small towns: PropEquity
real estate data analytic firm PropEquity, Jaipur saw the maximum 65 per cent rise in weighted average prices to Rs 6,979 per square feet in the housing projects launched during January-September this year. In the last calendar year, the average rates in Jaipur stood at Rs 4,240 per square feet. Samir Jasuja, Founder & CEO of PropEquity said, "Tier II cities have seen renewed interest from developers, corporates, financial institutions and investor community." The cheap availability of land in these cities followed by the massive development of connectivity infrastructure and strong demand has led to an increased supply of premium and luxury housing, he added.
05.12 / 10:47
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RS witnesses uproarious scenes as BJP MP raises 'attacks' on India's interests from abroad
Rajya Sabha on Thursday witnessed uproarious scenes in the morning when BJP MP Sudhanshu Trivedi alleged attacks by foreign forces on India's national interests and demanded a thorough probe besides asking all MPs to discuss the serious issue. Speaking on 'Concerns over Suspicious and Conspicuous Attacks on National Interest from Abroad' during Zero Hour, Trivedi cited instances during the past three years wherein issues concerning India were raised by international entities just before or during Parliament sessions. He cited examples of the Hindenburg report, Covid vaccine report and one on Indian farmers, a BBC documentary, Pegasus issue and a video on violence against women in Manipur during the past three years. He also cited the recent report on the indictment of an Indian business house by a US attorney just ahead of the Winter Session. «Ever since India is emerging as a strategic, economic and diplomatic power, it has been seen that in the last three years there have been attempts to attack India's established systems and interests on economic and social fronts through activities from abroad,» he said.
05.12 / 10:47
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Keerthy Suresh’s wedding has a Rajinikanth connection. What is the buzz?
Keerthy Suresh, a popular name in South Indian cinema, is making her Bollywood debut with the film Baby John. Alongside this professional milestone, Keerthy recently made personal headlines by publicly revealing her relationship with her long-time boyfriend, Antony Thattil, a Dubai-based businessman. The couple has announced that they will marry on December 12th, with the wedding set to take place in Goa in a grand celebration. As news of her upcoming wedding spread, fans and celebrities alike flooded social media with their best wishes for the couple. Many followers took note of the date, pointing out that December 12th is also the birthday of Tamil cinema legend Rajinikanth, further adding significance to the occasion. This has further created a huge hype regarding her wedding.
05.12 / 10:47
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Stock market update: Nifty Auto index 0.65%
Shares of MRF Ltd.(up 3.1 per cent), Bosch Ltd.(up 2.82 per cent), Samvardhana Motherson International Ltd.(up 2.79 per cent), Mahindra & Mahindra Ltd.(up 1.32 per cent) and Apollo Tyres Ltd.(up 1.13 per cent) ended the day as top gainers in the pack.
05.12 / 10:47
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Ericsson working on making network operations autonomous using GenAI agents
Ericsson is working to introduce artificial intelligence agents in its telecom products and services, with the aim to make network operations autonomous. The company has established a global AI accelerator hub in North America, Sweden and India, where engineers are working to address gaps in its telecom products using AI, a top company executive told ET. “The initial struggle was to have the right kind of data, and mostly about proving that AI could add value. But over the last several years, we have moved past that and our focus has been on bringing AI into our products,” said Chandru Sargor who heads the Global AI Accelerator India team.
05.12 / 10:47
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Sensex rises! These stocks surged over 5% on BSE
Equity benchmark Sensex ended the session up 809.53 points at 81765.86.
05.12 / 10:47
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Stock market update: Nifty Bank index 0.63%
Shares of ICICI Bank Ltd.(up 1.56 per cent), Kotak Mahindra Bank Ltd.(up 1.01 per cent), State Bank of India(up 0.67 per cent), Axis Bank Ltd.(up 0.6 per cent) and Au Small Finance Bank Ltd.(up 0.36 per cent) ended the day as top gainers in the pack.
05.12 / 10:47
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PSLV XL Proba-3 Launch: ISRO successfully launches ESA’s mission to study the sun’s corona
The launch took place at 4:04 PM IST from the Satish Dhawan Space Centre in Sriharikota after a smooth countdown. On Wednesday, space agency had rescheduled it's launch to today following an anomaly detected in the satellite propulsion system. The Proba-3 mission consists of two satellites, Coronagraph (310 kg) and Occulter (240 kg), designed to study the Sun’s corona, the outermost layer of its atmosphere.
05.12 / 10:47
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Countries have right to respond to situations but should be mindful of civilian casualty: Jaishankar
When asked the reason for India's abstention from a resolution in the UN General Assembly on October 27, 2023, regarding the protection of civilians and upholding legal and humanitarian obligations, Jaishankar said there were many resolutions in the UN General Assembly and in some India abstained and in some, it voted in favour. According to him, there are several reasons to abstain such as a resolution is not balanced, it is more divisive, it can set a precedence which has consequences for India or it has larger implications.
05.12 / 10:47
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India's steel imports from China hit record high, latest data shows
finished steel imports from China reached an all-time high during the first seven months of the current financial year from April, according to provisional government data reviewed by Reuters, rattling hundreds of small Indian steel producers. China, the world's biggest steel producer, shipped 1.7 million metric tons of finished steel to India during April-October, a 35.4% increase year-on-year, the data showed. This has exacerbated the deteriorating financial health of Indian steel producers struggling with cheap Chinese imports and falling domestic prices despite robust demand driven by rapid economic growth and rising infrastructure spending in the world's fastest growing major economy.
05.12 / 10:05
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Zimbabwe vs Pakistan Live Score: 3rd T20I of Pakistan tour of Zimbabwe, 2024 to start at 04:30 PM
Venue : Queens Sports Club, Bulawayo Zimbabwe squad - Brian Bennett, Dion Myers, Tashinga Musekiwa, Wessly Madhevere, Brandon Mavuta, Ryan Burl, Sikandar Raza, Clive Madande, Tadiwanashe Marumani, Blessing Muzarabani, Faraz Akram, Richard Ngarava, Tinotenda Maposa, Trevor Gwandu, Wellington Masakadza Pakistan squad - Irfan Khan, Omair Yousuf, Sahibzada Farhan, Saim Ayub, Tayyab Tahir, Aamer Jamal, Arafat Minhas, Jahandad Khan, Qasim Akram, Salman Agha, Haseebullah Khan, Usman Khan, Abbas Afridi, Abrar Ahmed, Haris Rauf, Mohammad Hasnain, Sufiyan Muqeem Zimbabwe vs Pakistan Match Details 3rd T20I of Pakistan tour of Zimbabwe, 2024 between Zimbabwe and Pakistan to be held at Queens Sports Club, Bulawayo at 04:30 PM.
05.12 / 10:05
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Regional cinema's box office struggle: Why Marathi, Bengali, Punjabi films are losing out
Subscribe to enjoy similar stories. The regional language film industry has been struggling to stay afloat, producing only a handful of hits such as Bohurupi (Bengali) and Baipan Bhari Deva (Marathi) even during the prolonged absence of Bollywood blockbusters. Experts said audiences in these markets, like Hindi movie viewers, have also become selective and few films have been able to meet their expectations.
05.12 / 10:05
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International
Andhra vs Mumbai Live Score: Match 126 of Syed Mushtaq Ali Trophy, 2024 to start at 04:30 PM
Venue : Rajiv Gandhi International Stadium, Hyderabad Andhra squad - Ashwin Hebbar, Maramreddy Reddy, Pyla Avinash, Ricky Bhui, Shaik Rasheed, Vamsi Krishna, Girinath Reddy, Tripurana Vijay, SDNV Prasad, Srikar Bharat, Bailapudi Yeswanth, Bodhala Kumar, Cheepurapalli Stephen, Kodavandla Sudharsan, KV Sasikanth, Satyanarayana Raju Mumbai squad - Ajinkya Rahane, Angkrish Raghuvanshi, Jay Bista, Prithvi Shaw, Shreyas Iyer, Suryakumar Yadav, Sairaj Patil, Shams Mulani, Shivam Dube, Siddhesh Lad, Suryansh Shedge, Tanush Kotian, Akash Anand, Hardik Tamore, Himanshu Singh, Mohammad Juned Khan, Mohit Avasthi, Royston Dias, Shardul Thakur Andhra vs Mumbai Match Details Match 126 of Syed Mushtaq Ali Trophy, 2024 between Andhra and Mumbai to be held at Rajiv Gandhi International Stadium, Hyderabad at 04:30 PM.
05.12 / 10:05
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China’s export ban on key minerals may have a silver lining for the US
Subscribe to enjoy similar stories. China is the handmaiden to the globe’s energy transition—and will continue to be so once an anti-transition president occupies the White House again next month. As if to advertise that, Beijing announced that, in response to US export controls on advanced chips, it was banning exports to the US of several critical minerals and tightening restrictions on sales of another, graphite.
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