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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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04.12 / 07:27
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Share price of PI Industries as Sensex gains 28.86 points
PI Industries Ltd. 1.86 per cent to Rs 4217.00 at 12:44PM (IST) in Wednesday's trade. The scrip has hit a high of Rs 4219.60 and low of Rs 4098.20 so far during the session. The stock had closed at Rs 4139.60 in the previous session. The counter has had a total traded volume of 2587 shares so far with a value of Rs 1.07 crore on the NSE. It traded at a price-to-earnings multiple of 35.25 and a price-to-book ratio of 6.74.
04.12 / 07:27
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'India's harmony is not so fragile': Delhi HC temporarily halts arrest of activist Nadeem Khan
Delhi High Court, while preventing the police from arresting activist Nadeem Khan, who was accused of "promoting enmity" through a viral video, stated on Tuesday that the country's unity is «not so fragile» and emphasized the need for greater trust in the intelligence of the common people. «We are in a democratic country… The common man isn't so fragile that merely one exhibition will shake his conviction,» Justice Jasmeet Singh said. «The country places great pride in our fundamental rights. Article 19(1)(a) is to be protected.»
04.12 / 07:27
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Airtel gives 4G, 5G equipment supply deals to Ericsson
Bharti Airtel, India’s second largest telco, has awarded a multi-billion deal to Swedish telecom gear maker Ericsson for extension of 4G and 5G contracts. “As per the new contract, Ericsson will deploy centralized RAN and Open RAN-ready solutions for network transformation which will help customers with wider coverage and enhanced capacity on the network. Ericsson will also undertake the software upgradation of its current deployed 4G radios thereby enhancing the customer experience,” the companies said in a joint statement Wednesday. ET had reported last month that the telco had likely finalised renewals worth $1.2 billion (about Rs 10,000 crore) with Ericsson, Nokia and Samsung and placed purchase orders for new 4G and 5G equipment.
04.12 / 07:27
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NRI CEO doubles down on 14-hr-a-day work schedule, says smart people don’t need work-life balance
Daksh Gupta, the 23-year-old Indian-origin CEO of AI startup Greptile, has reignited debate over work-life balance following his controversial remarks on long working hours. In a recent interview with NBC Bay Area, Gupta defended his company's demanding culture, likening it to a «rocket launch» that requires exceptional effort and commitment. «Success is a mix of hard work and luck,» Gupta explained. «When two smart teams tackle the same problem, the one that works harder and has better luck usually wins. While luck is uncontrollable, the time you invest is not.» Gupta acknowledged that such a high-pressure work environment isn't suitable for everyone and noted that many successful companies prioritize work-life balance. «If you value work-life balance, that's great. Plenty of places operate that way and thrive,» he added.
04.12 / 07:27
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HEG, Graphite shares surge up to 14%. Here's why
HEG and Graphite India, surged 14.2% and 7.5% respectively on Wednesday following China’s decision to implement a stricter review process for graphite exports to the U.S. This move raised expectations that the restrictions could increase demand for Indian graphite producers. HEG’s shares jumped 14.2% to a four-year high of Rs 569.70 on the BSE, while Graphite India rose 7.5% to Rs 613.05.
04.12 / 07:27
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Varun Beverages shares 0.9% as Sensex rises
Varun Beverages Ltd. traded 0.9 per cent at Rs 615.40 at 12:34PM (IST) on Wednesday, even as BSE benchmark Sensex 160.18 points to 81005.93. The scrip had settled at Rs 621.00 in the previous session. The stock quoted a 52-week high price of Rs 682.84 and 52-week low of Rs 422.16, respectively. As per BSE data, total traded volume on the counter till 12:34PM (IST) stood at 64560 shares with a turnover of Rs 4.00 crore.
04.12 / 07:27
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Share price of Godrej Consumer as Nifty
Godrej Consumer Products Ltd. 0.52 per cent to Rs 1223.80 in Wednesday's trade as of 12:29PM (IST). The stock hit a high price of Rs 1238.10 and low of Rs 1218.30 during the session. The return on equity (ROE) for the stock stood at -4.44 per cent. Traded volume on the counter stood at 12:29PM shares and turnover at Rs 0.26 crore around that time. The stock of Godrej Consumer Products Ltd. quoted a 52-week high price of Rs 1541.30 and 52-week low prices of Rs 1015.40, respectively.
04.12 / 07:27
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Deadliest bleeding eye disease caused by Marburg virus is severe, has only 50% survival rate. Check all details
Bleeding eye disease: An outbreak of deadly Marburg virus disease (MVD), often referred to as the 'bleeding eye virus', has killed at least 15 people, and infected at least 66 in Rwanda as of November 29, the country’s Ministry of Health announced. Reports of the fast spreading Marburg virus has raised concerns about the deadly disease which has already spread to some countries. Marburg belongs to the filovirus family, like the much better known Ebola. Both pathogens are clinically similar, and although rare, can cause outbreaks with high fatality rates. ALSO READ: 'Bleeding eye' virus sparks global fear: Urgent warning issued to UK, Africa travelers over 'deadliest' disease. Check symptoms
04.12 / 07:07
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Drunk driver who killed bride on her wedding night handed 25 years in prison
Jamie Lee Komoroski, the South Carolina woman who admitted to drinking and driving more than twice the speed limit when she crashed into a golf cart and killed a bride last year, will now spend up to 25 years in prison.
04.12 / 07:01
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Who is Devendra Fadnavis' wife Amruta Fadnavis? The banker, singer and actor who earns more than her CM husband
Devendra Fadnavis resumes his role as Maharashtra’s Chief Minister, attention has shifted to his wife, Amruta Fadnavis, who has built an impressive career across multiple fields. From a senior banking professional to a playback singer, actor, and social activist, Amruta has consistently made headlines for her individual achievements and contributions, making her much more than just the wife of a political leader.
04.12 / 07:01
04.12 / 07:01
04.12 / 07:01
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India’s GDP set to rebound amid policy shifts and capex boost: Mark Matthews
«I would simply say in conclusion that Donald Trump does not like a strong dollar. When he talks about the dollar, he says he would want it to go down. So, if it does keep going up, I think that he would not like that very much,» says Mark Matthews, Julius Baer. What looks like a buy America, sell emerging market trade looks like it is reversing. In last couple of days, emerging markets and especially India, they have made a comeback. So, do you think the transition what we saw after Donald Trump got elected, that long dollar trade, is that getting over? Is that getting rusty? Mark Matthews: Hard to say. There are so many moving parts to this incoming administration. But on a fair value purchasing power basis, the dollar is slightly overvalued. So, fundamentally, it should not go up anymore. But if this Trump administration really ignites the animal spirits of the US economy, if they remove sanctions, which they may do, which would attract more buying of treasuries, and if they introduce tariffs, all of that would conspire to the dollar going up more.
04.12 / 07:01
04.12 / 07:01
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Indian Oil Corp. shares 0.03% as Nifty
Indian Oil Corporation Ltd. 0.03 per cent to Rs 139.45 in Wednesday's trade. It hit a high of Rs 141.15 and low of Rs 139.20 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 165.53, while the 50-DMA was at Rs 151.9. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
04.12 / 07:01
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Ben Affleck’s tattoo trouble: Why he’s finally saying goodbye to the phoenix amid divorce with JLo
Ben Affleck is reportedly gearing up to remove his infamous back tattoo as part of a post-divorce transformation, a move that's expected to stir reactions from his ex-wife Jennifer Lopez. The 52-year-old actor, who first unveiled the enormous phoenix tattoo in 2016, is said to have had a change of heart about the controversial ink. Now, according to reports, it is being claimed that this move might ruffle the feathers of his ex-wife, Jennifer Lopez. According to Radar Online, Ben Affleck initially claimed the Phoenix tattoo was fake before admitting it held personal meaning and faced criticism for the design throughout his short-lived marriage to Lopez. The singer-actress, known for her outspoken nature, had openly expressed her dislike for the tattoo, reportedly urging Affleck to remove it during their time together. However, he allegedly resisted her requests, seeing them as intrusive.
04.12 / 07:01
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India votes in favour of UNGA resolution on Palestine calling for end to Israeli occupation
The draft resolution 'Peaceful settlement of the question of Palestine' tabled by Senegal was overwhelmingly adopted in the 193-member General Assembly on Tuesday. India was among the 157 nations that voted in favour, while eight Member States — Argentina, Hungary, Israel, Micronesia, Nauru, Palau, Papua New Guinea and the United States voted against it.
04.12 / 07:01
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KL Rahul keeps India's batting line-up a closely guarded secret
KL Rahul has refused to divulge the makeup of India's opening partnership for the second test against Australia amid speculation that he will drop down the order to make way for returning captain Rohit Sharma. Rohit missed India's comprehensive victory in the series opener in Perth to care for his newborn baby in Mumbai but has since joined the squad ahead of the pink-ball test at Adelaide Oval, which begins on Friday. Rahul filled in for Rohit at the top of the order at Perth Stadium and forged a 201-run opening stand with Yashashvi Jaiswal to put India on course for victory.
04.12 / 06:45
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Are you a former SmileDirectClub customer? You might be eligible for a refund
When SmileDirectClub shut down a year ago, scores of existing customers of the teeth-straightening company were left in limbo
04.12 / 06:45
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Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the business
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