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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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04.12 / 09:49
UPS
Instagram
love
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actress
Samantha’s romantic post goes viral ahead of Naga Chaitanya’s second wedding: Netizens say ‘Please delete it’
Naga Chaitanya is gearing up to marry actress Sobhita Dhulipala on December 4 in Hyderabad. Their wedding has become the talk of the town with guest-list being discussed widely. Meanwhile, an old photo from Chaitanya’s first marriage to actress Samantha Ruth Prabhu has resurfaced online, drawing attention and sparking conversation among netizens who asked the actress to delete the photo. Chaitanya and Samantha were married in October 2017, and the following month, Samantha shared a heartfelt birthday post for her then-husband on Instagram. The photo, which showed Samantha giving a peck on Chaitanya’s cheek, was accompanied by a loving caption expressing her affection and prayers for his happiness. As news of Chaitanya’s wedding to Sobhita Dhulipala gained traction, Samantha’s old post went viral, leading to a wave of comments urging her to “delete it”. Many users on social media expressed surprise at seeing the post reappear on their feeds and suggested that it was time to move on from the past. A user expressed support for Samantha, encouraging her to stay strong and reminding her that she deserves much more.
04.12 / 09:49
UPS
Booking
Software
Justice
Schools
Courts
UP Gangsters Act appears to be draconian, observes SC
Anti-Social Activities (Prevention) Act appeared to be «draconian». The observation by a bench of Justices B R Gavai and K V Viswanathan came while it was hearing a plea filed by a man who has challenged a May 2023 Allahabad High Court order dismissing his application seeking to set aside proceedings against him pending before a district court in Kasganj in a case registered under the Act. «This Act appears to be draconian,» the apex court observed. «We will consider it,» the bench said while admitting the appeal.
04.12 / 09:11
markets
Provident
Digital
Strategy
Software
awards
Department
Indian govt denies Elon Musk-owned Starlink connection in satellite spectrum allocation
Elon Musk’s Starlink in India. “No Sir. The Telecommunications Act, 2023 provides for assignment of spectrum through administrative process for satellite-based services, listed in First Schedule of the Act,” Minister of state for communications and rural development Pemmasani Chandra Sekhar said in reply to a question if the decision was made to facilitate entry of Starlink into the Indian market. To a query around projected revenue loss as a result of not auctioning satellite spectrum, the Minister said spectrum assigned administratively are also chargeable and hence contribute to revenue.
04.12 / 09:11
markets
Digital
Strategy
Software
President
social
reports
Canada called 'broken sh**hole' after Trump suggests Trudeau to make it 51st state amid tariff threat
Trump reportedly suggested to the Canadian PM that if a tariff for failing to address trade and immigration issues would kill the neighbor to the north’s economy, maybe it should become the 51st state, according to Fox News sources. Trudeau and other officials nervously laughed at Trump's joke. Trump was joking when he suggested Canada become the 51st U.S. state during a dinner with Justin Trudeau, a Canadian minister who attended their recent dinner said Tuesday.
04.12 / 09:11
markets
Digital
security
Strategy
Software
awards
Lattice
Suzlon Group secures repeat order of 302 MW wind project from Jindal Renewables
Suzlon Group on Wednesday said the company has secured an additional wind project of 302.4 megawatt from Jindal Renewables in Karnataka. In October, Suzlon had announced securing a 400-megawatt (MW) wind power deal from Jindal Renewables Power. «Suzlon and JSP Green Wind 1, a subsidiary of Jindal Renewables, have expanded their partnership with an additional 302.4 MW wind power project in the Koppal region of Karnataka,» the group said in a statement. The second order brings the total capacity from Jindal Renewables to 702.4 MW, making it Suzlon's largest-ever commercial and industrial (C&I) order from a single customer.
04.12 / 09:11
markets
Digital
Strategy
Election
Experts
PAM
No 'surge' in last hour of polling in Maharashtra: Top election official
S Chockalingam has said the seven per cent increase in voter turnout in the last hour of polling for the state assembly elections was not a surge, as claimed by the opposition, but an «average» process. In a video statement on Monday, Chockaligam said Maharashtra is a large state with more than one lakh polling booths. «If 76 lakh voters turn up in the last hour of polling, it is only (an average of) 76 voters in each of the polling centres,» he added. The assembly elections in Maharashtra and Jharkhand were held last month.
04.12 / 09:11
markets
Provident
Action
security
Analysis
Death
Trade
Sebi notifies rules on uniform standards for nomination facilities across securities markets
Markets regulator Sebi has notified rules on nomination allowing nominees to act on behalf of incapacitated investors. Additionally, it notified the rule mandating every participant to provide beneficial owners with the option to nominate a person to whom their securities will transfer upon their death. «Every participant shall provide an option to the beneficial owner to nominate, in the manner as may be specified, a person who shall be authorised to conduct transactions on behalf of the beneficial owner in the event of the incapacitation of the beneficial owner,» Sebi said in a notification.
04.12 / 09:11
markets
Target
Digital
Action
Strategy
Software
country
About Rs 15 lakh cr required for adding power generation capacity in 2022-27
The projections were made during a Meeting of the Parliamentary Consultative Committee of Members of Parliament for Ministry of Power here last evening. Union Power Minister Manohar Lal chaired the meeting. As per 20th Electric Power Survey (EPS) report published by the Central Electricity Authority (CEA), the peak demand and energy requirement is pegged at around 366 GW and 2474 BU by 2031-32, it stated.
04.12 / 09:01
markets
security
Analysis
Research
Trade
Experts
Commentary
Ashok Leyland shares 1.01% as Nifty gains
Ashok Leyland Ltd. rose 1.01 per cent to Rs 234.20 in Wednesday's trade. It hit an intraday high of Rs 236.45 and low of Rs 232.20, respectively, during the day. The stock quoted a 52-week high price of Rs 264.70 and low of Rs 157.65.
04.12 / 09:01
Career
Actor
show
singer
stars
reports
Relationships
Sabrina Carpenter and Barry Keoghan split after a year of dating: What is the real reason for their breakup?
Sabrina Carpenter and actor Barry Keoghan have allegedly decided to part ways. The couple began dating about a year back and now the reports about their split have left their fans in dismay. According to reports, the couple has decided to take a break from the relationship to prioritise their careers. Meanwhile, fans are speculating that Barry Keoghan may have cheated on the Please Please Please singer. According to reports by the PEOPLE, the pair have ended their romantic relationship for now, approximately a year after they began dating. Both Carpenter, 25, and Keoghan, 32, are said to be prioritizing their careers, leading them to mutually agree on taking a break. Representatives for the stars have not provided any comments regarding the split. Meanwhile, fans on social media have been speculating that Barry Keoghan may have cheated on the singer. One user on X believes that Barry Keoghan might have been unfaithful to Sabrina Carpenter, noting that the actor often appears to have a work-heavy schedule as a reason he struggles with serious relationships. They also advised celebrities to avoid getting involved with influencers or reality TV stars.
04.12 / 09:01
markets
Strategy
Analysis
trends
Trade
Experts
show
Share price of Lupin as Sensex gains 246.02 points
Lupin Ltd. 0.65 per cent to Rs 2095.05 at 01:55PM (IST) in Wednesday's trade. The stock hit a high of Rs 2099.00 and low of Rs 2062.30 so far during the session. The stock had closed at Rs 2081.40 in the previous session. The counter had a total traded volume of 01:55PM shares so far with a turnover of Rs 1.05 crore on BSE. The stock traded at a price-to-earnings multiple of 36.38 and a price-to-book ratio of 5.16.
04.12 / 09:01
markets
Citi
Digital
Strategy
Bill
Experts
PAM
SBI credit card rule change: These SBI credit card customers will not get reward points on digital gaming platforms
SBI Card has discontinued the accrual of reward points on digital gaming platforms/merchants transactions for certain credit cards from December 1, 2024 onwards. According to the SBI Card website, “W.e.f. 1 Dec 2024, accrual of Reward Points on spends done on Digital Gaming Platforms/Merchants will be discontinued for certain credit cards.” Here is list of SBI credit cards where reward points will not be applicable on digital gaming platforms/merchants: AURUM • SBI Card ELITE
04.12 / 09:01
markets
security
Analysis
Research
Trade
Experts
Colgate-Palmolive
Share price of Colgate-Palmolive as Nifty
Colgate-Palmolive (India) Ltd. 0.1 per cent to Rs 2893.15 in Wednesday's trade as of 02:00PM (IST). The stock hit a high price of Rs 2913.85 and low of Rs 2846.00 during the session.
04.12 / 09:01
markets
Career
Strategy
Election
Experts
politician
For Maharashtra CM-designate Devendra Fadnavis, patience, loyalty to party leadership and strategic acumen pay off
Devendra Fadnavis, the political stalwart who rose from humble beginnings to become a key figure in Maharashtra politics, is set to become chief minister — a position he has held twice before. The 54-year-old leader, whose career has been marked by a blend of resilience and strategic manoeuvring, is positioned to lead the state for the third time following a decisive showing of the BJP in the November 20 assembly polls, and his election as leader of the state BJP legislature party on Wednesday. Fadnavis' political journey has been nothing short of remarkable. From serving as an obscure corporator to becoming the youngest mayor of Nagpur, he has strengthened his status as a prominent leader within his party. Notably, he is only the second Brahmin to serve as Chief Minister of Maharashtra, following the Shiv Sena's Manohar Joshi. His ascent began in earnest ahead of the 2014 assembly elections, where he garnered significant support from Prime Minister Narendra Modi and senior BJP leader Amit Shah. Modi famously referred to him as «Nagpur's gift to the country» during a campaign rally, underscoring the confidence placed in Fadnavis.
04.12 / 09:01
markets
COST
UPS
Food
wellness
Trade
reports
Average Swiggy order value can show double-digit growth every year for foreseeable future; no plan to raise funds now: Rahul Bothra
Rahul Bothra, CFO, and Sriharsha Majety, MD & Group CEO, Swiggy, in conversation with ET Now post announcement of Q2 results. Bothra says while some of Swiggy competitors have been raising funds, that is mostly defensive capital. Swiggy has a very strong balance sheet with Rs 8,000 crore plus cash balance existing with us. They have a profitable food delivery business that continues to accrue cash into the treasury and the quick commerce business, which is expected to turn profitable in six to seven quarters and for which they have a substantial cash balance. So, there are no near-term fundraising plans. On the overall consolidated EBITDA loss and the net loss, which has widened on a sequential basis, what is adding to the pressure on the bottom line and when can we expect the loss to start narrowing? Rahul Bothra: If you look at our overall numbers, we have improved our adjusted EBITDA by 30% in our B2C GOV businesses over the last year with an improvement of Rs 147 crore.
04.12 / 09:01
markets
UPS
Election
Food
Trade
Cycling
rights
Auto sector faces short-term challenges, recovery likely by March: Sunil Subramaniam
«I think that overall conditions should favour this and then March is usually a season when auto sales pick up because it is the year end clearance and all that. So, all of this excess backlog will probably get cleared at that time. So, I expect this weakness to be there for the next month or so,» says Sunil Subramaniam, Market Expert. So, firstly to start off with the auto sector. Now, we all knew that December is the month when discounts will come in from auto companies to boost their sales, but how long do you see the weakness that we are seeing in the auto space right now also because of a high base will continue going forward. For how long do you expect that to happen? Sunil Subramaniam: I think it will last till the middle of February, I do not see a quick turn on that because one of the things which is hurting and these are the bottom of the pyramid in the auto segment, two wheelers are the lowest priced vehicles and that is where the inflation has been hurting the consumer and hence demand at the bottom of the pyramid has been weak and I think until the monsoon forecast actually translates into lower vegetable and food prices and inflation eases.
04.12 / 09:01
markets
Digital
Man
Strategy
Experts
PAM
Courts
Supari gone wrong as hitman kills realtor who wanted business partner dead
Manjesh Kumar, a 42-year-old property dealer, had hired a hitman to eliminate his business partner, but the hitman double-crossed him, ultimately killing Manjesh instead. The drama began when Arjun Kumar, a former Army man and the hitman hired by Manjesh, decided to betray him. Arjun informed Sanjay Singh, Manjesh’s business partner, about the plan. Seizing the opportunity, Sanjay, 42, offered Arjun a hefty Rs 10 crore to turn the tables and eliminate Manjesh instead. Police investigations revealed that Manjesh was found dead in a rented house in Patel Nagar, Dehradun, which belonged to one of the accused’s accomplices. The cause of death was strangulation, with shoe laces being used as the murder weapon.
04.12 / 08:15
Fallout
wellness
President
country
Investigations
South Korean president faces impeachment motion after declaring martial law
Subscribe to enjoy similar stories. SEOUL—A day after declaring martial law, South Korea’s president is now facing the prospect of impeachment, creating more political instability for a close U.S. ally.
04.12 / 08:15
UPS
Research
country
Schools
rights
International
Why it’s so hard to tell which climate policies actually work
Subscribe to enjoy similar stories. NATIONAL CLIMATE policies are a relatively recent invention. In 1997, according to the Grantham Institute, a think-tank at the London School of Economics, there were 60; by 2022 the number had risen to almost 3,000.
04.12 / 07:27
markets
Digital
Strategy
Experts
PAM
stage
Courts
Delhi excise policy case: Delhi HC asks Arvind Kejriwal, K Kavitha to respond to ED's plea
Arvind Kejriwal, and BRS leader K Kavitha on the ED's plea challenging a trial court's order directing it to supply «unrelied documents» to those accused in the alleged money laundering case related to the excise policy. Justice Manoj Kumar Ohri issued notices to all the 40 accused on the Enforcement Directorate's (ED) petition as well as its application for stay in the case. The high court listed the matter for further hearing on January 30 next year. Besides former Delhi chief minister Kejriwal, AAP leaders Manish Sisodia and Sanjay Singh and several businessmen are among the accused in the case.
04.12 / 07:27
markets
Strategy
Analysis
Research
Trade
show
Commentary
Share price of Tata Power as Sensex gains 132.94 points
Tata Power Company Ltd. 0.66 per cent to Rs 425.95 at 12:39PM (IST) in Wednesday's trade. The counter hit a high of Rs 432.00 and low of Rs 424.40 so far during the session. The stock had closed at Rs 428.80 in the previous session. The counter had a total traded volume of 12:39PM shares so far with a turnover of Rs 16.04 crore on BSE. The stock traded at a price-to-earnings multiple of 36.32 and a price-to-book ratio of 3.89.
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