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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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03.12 / 14:37
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PAM
AVP
3 warships and 1 submarine likely to be commissioned in a month: Top Navy official
Indian Navy said on Tuesday. Addressing a press conference, Vice Admiral Sanjay J Singh, Flag Officer Commanding-in-Chief of the Western Naval Command, said the three warships — INS Nilgiri, INS Surat, INS Tushil — and submarine INS Vagsheer are expected to be commissioned in a month. «We have got four vessels that are due for induction within the next one month,» Singh said. INS Nilgiri is the first ship of Project 17A and was launched in September 2019, he said.
03.12 / 14:37
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Relationships
Venus in Aquarius; here's is what it means for love and relationships
Venus will be transitioning into Aquarius while marking a significant shift in how we approach relationships and values, reported People. This astrological event encourages breaking free from traditional norms and societal expectations while promoting individuality and progressive connections. According to People, unlike its previous position in Capricorn, which put an emphasis on stability and commitment, Venus in Aquarius fosters a spirit of exploration and open-mindedness in our interactions. Also Read: Marvel's The Fantastic Four: First Steps: What we know about filming, cast and characters
03.12 / 14:35
Waters
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GM adds over 132,000 heavy duty pickups to recall for tailgates that can open unexpectedly
General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park
03.12 / 14:35
markets
Provident
Target
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BlackRock
BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients
03.12 / 14:35
UPS
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Melinda French Gates plans to match $1M in GivingTuesday gifts to groups that support women
Melinda French Gates is offering to match up to $1 million in gifts to two nonprofit organizations to help spur donations on GivingTuesday
03.12 / 14:35
BLOCK
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North Carolina Republicans close in on enacting bill that weakens incoming Democratic governor
North Carolina legislative Republicans are closing in on enacting a measure that would erode powers of the incoming governor and other statewide Democratic officials who got elected last month
03.12 / 14:03
markets
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Platform
security
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PAM
ZFunds secures Rs 25 crore from Elevation Capital, PB Fintech’s Yashish Dahiya
ZFunds has secured Rs 25 crore in equity funding led by Elevation Capital along with participation from PB Fintech group chief executive officer (CEO) Yashish Dahiya, in its first major institutional funding round. PB Fintech operates the insurance marketplace Policybazaar and credit marketplace Paisabazaar. ZFunds was founded in 2019 by Manish Kothari and Vidhi Tuteja, who worked at Paisabazaar before starting up. Also Read: ETtech in-depth: Decoding PB Fintech’s bull run on the stock markets
03.12 / 14:03
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'Tandoori a**': Woman harasses Indian-American on flight, removed by airline
United Airlines airport shuttle bus after a confrontation with a family on November 24. Pervez Taufiq, a wedding photographer traveling with his wife and three sons from Cancun to Los Angeles, recorded the incident. The dispute began on the flight, allegedly involving the woman and Taufiq’s son. The situation escalated on the shuttle bus. Video footage shows the woman saying to Taufiq: “Your family is from India, you have no respect, you have no rules, you think you can push everyone, push, push, push. That’s what you think you are. You guys are f****** crazy.” She also threatened to record his “f–king tandoori ass” after Taufiq referenced earlier comments she made about curry. Taufiq posted the video on Instagram, stating the woman had harassed his son on the flight and told him to “shut up” on the bus. He said her husband then confronted him. Taufiq stated that United Airlines staff removed the woman from the bus after a bystander confirmed she initiated the incident.
03.12 / 14:03
03.12 / 14:03
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Lok Sabha passes Banking Laws (Amendment) Bill, 2024
Banking Laws (Amendment) Bill, 2024 was passed on Tuesday in the Lok Sabha during the winter session of Parliament, proposing significant changes to banking regulations. «Banks are being professionally run today. The metrics are healthy so they can go to the market and raise bonds, raise loans & run their business accordingly,» said Finance Minister Nirmala Sitharaman in her address at the Lower House of the Parliament. Among its key provisions, the Bill allows depositors to nominate up to four individuals for their bank accounts or fixed deposits, replacing the current single-nominee system. The move aims to simplify fund distribution after the death of an account holder, a problem which arose during the COVID-19 pandemic.
03.12 / 14:03
markets
Gap
security
Strategy
Trade
track
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Sebi tackles tech glitches with new online monitoring mechanism for system audits of brokers
Sebi has proposed an online monitoring mechanism for system audits of stock brokers to cut down on technical glitches. In a consultation paper released on Tuesday for public comments, Sebi said it aims to address gaps in the current audit processes, including poor quality, lack of physical site visits by auditors, and inadequate sampling techniques.
03.12 / 14:03
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Courts
IndiGo drags Mahindra Electric to court for trademark infringement of its 6E code
InterGlobe Aviation, which runs the largest airline IndiGo, on Tuesday moved the Delhi High Court alleging trademark infringement of its Air Transport Association code ‘6E’ by Mahindra Electric Automobiles. The airline accused the automaker of using the mark ‘6E’ in its upcoming electric sports utility vehicle (SUV) Mahindra BE 6e, which it claimed to be similar to its trademark ‘6E.’ Mahindra BE 6E, which has generated buzz for its unique design and tech loaded features, is expected to hit the roads in February next year. While Justice Amit Bansal recused himself from the hearing the case, senior counsel Sandeep Sethi informed the court that Mahindra had reached out to the airline on Monday and an effort was being made to discuss the matter.
03.12 / 14:03
03.12 / 14:03
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Ashton Kutcher-Sean Diddy friendship seeing cracks after Mila Kunis' 'warning' amid divorce rumours? Know the truth
Ashton Kutcher and Sean 'Diddy' Combs became friends in the 2000s with the music mogul explaining they «got together and then we became the rat pack, you know, the new rat pack». Ashton and Diddy originally met as MTV stars when the actor was the frontman for the show Punk'd and Diddy was having musicians early in their career to head out to Brooklyn to grab him a slice of cheesecake. On a 2018 episode of The Late Show With James Corden, they recalled their first phone call. Reminiscing their early days as MTV stars, Sean Diddy said, at the time: «I gave him a call one day and I said, ‘I heard that you’re gonna Punk me and I just don’t think that’s a good idea.” »I think it was some version of ‘If you do that, that will not end well for you. But I think we should work out a deal," Ashton Kutcher then chimed in.
03.12 / 14:03
markets
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Mobile
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country
Credit must be given to RBI and Finance Ministry for stable banking system: FM Nirmala Sitharaman
Nirmala Sitharaman on Tuesday said that Indian banks have remained healthy, adding that we can not afford to have struggling banks. The minister was presenting the Banking Laws (Amendment) Bill in the Lok Sabha. She added that the credit must go to the Reserve Bank of India and the Finance Ministry for the banking system to not have collapsed. «Banks have collapsed in countries having a sound system too,» said Sitharaman.
03.12 / 14:03
markets
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wellness
Relationships
peace
In Lok Sabha, Jaishankar articulates 3 key principles for engagement with China
External Affairs Minister S Jaishankar said the disengagement of troops has been achieved in «full» in eastern Ladakh through a step-by-step process, culminating in Depsang and Demchok, and India now expects the commencement of talks on remaining issues that it had placed on the agenda. India was and it remained very clear that the three key principles must be observed in all circumstances, he said explaining: «one: both sides should strictly respect and observe the Line of Actual Control (LAC), two: neither side should attempt to unilaterally alter the status quo, and three: agreements and understandings reached in the past must be fully abided by in their entirety».
03.12 / 13:57
Progressive
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infection
Nitin Gadkari reveals how Delhi pollution makes him rethink every visit to the Capital
Union Minister Nitin Gadkari, who is also Member of Parliament from Nagpur, expressed his concern over the worsened pollution levels in Delhi as he often hesitates to visit the national capital because it poses health risks. On Tuesday, while speaking at an event, Gadkari confessed that this city’s pollution causes infection very frequently, making him reluctant to travel there.
03.12 / 13:17
markets
Target
security
economy
pandemic
President
rights
Is France now Greece on the Seine?
Subscribe to enjoy similar stories. Investors are fretting that France may be on the verge of triggering a new eurozone crisis, and the amazing thing is that it took this long for everyone to notice that the country’s public finances, and its economy, are a mess. We don’t mean to make light of the worry gripping markets in recent days as the National Assembly has failed to pass a budget.
03.12 / 13:17
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Are Intel’s problems too big to fix?
Subscribe to enjoy similar stories. Pat Gelsinger’s quest to save Intel has come to an abrupt end. Whoever runs the storied chip maker next is still going to have to pull off a heroic feat.
03.12 / 13:17
markets
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Why M&A king Blackstone is building industrial realty assets from scratch
Subscribe to enjoy similar stories. Bengaluru: Of late, one corner of Chakan, an automobile and manufacturing hub, has been seeing a burst of construction activity. On crossing the factories and manufacturing plants of some of the world’s largest automakers, including Mercedes, Volkswagen and Mahindra & Mahindra, the New MIDC Road leads to a 100-acre site.
03.12 / 13:17
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HUL needs growth mojo. But demand conditions may play spoilsport
Subscribe to enjoy similar stories. Hindustan Unilever Ltd (HUL) has been struggling with muted revenue growth for the past few quarters, thanks to a combination of weak pricing and subdued volume growth. Demand conditions are still not particularly exciting, with urban demand moderating even as rural is recovering.
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