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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
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Provident
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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03.12 / 09:31
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Luxury+1: Will Bulgari show brands the way from China to India?
Bvlgari, the Italian maker of luxury jewellery, watches, fragrances, accessories, and leather goods, is looking at India to make up for falling demand in China. Bulgari is expanding its footprint in India to take advantage of strong growth and favorable demographics, Bulgari chief executive officer Jean Christophe Babin said in an interview with Bloomberg TV. In October, Bulgari announced the launch of its first digital boutique in India in partnership with Tata CLiQ Luxury.
03.12 / 09:31
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Relationships
Ben Affleck makes a strange request to ex-wife Jennifer Garner after Jennifer Lopez divorce, says report
Ben Affleck has reportedly sought the help of his ex-wife, Jennifer Garner, to find a new romantic partner. The Justice League star, 52, is leaning on Garner to help him identify someone genuine and grounded, marking a new chapter in his personal life as he recovers from his recent split. Affleck and Garner were married for 13 years, from 2005 to 2018, and share three children: Violet, Seraphina, and Samuel. Despite their divorce, the two have maintained a close bond, with Garner supporting Affleck through his struggles with alcohol addiction and his journey to sobriety. Now, according to Radar Online, the Good Will Hunting actor values Garner’s judgment and hopes her insights will lead him to a meaningful relationship.
03.12 / 09:31
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International
How to activate inoperative bank accounts in SBI, HDFC Bank, and PNB as RBI asks banks to reduce these accounts
According to an RBI notification as of December 2, 2024, “The reasons were attributed to either inactivity for a long time or pending/periodic updation of KYC in such accounts. Reportedly, there were instances of customers facing inconvenience when they approached the bank branches for activation of inoperative accounts, including inadvertent errors in customer details such as mismatch in name, etc. It was also observed that a few banks have a large pendency of accounts that are due for update/periodic updation of KYC, resulting in such accounts getting frozen for further transactions as per the bank's internal policies.” The RBI has advised banks to take necessary steps urgently to reduce the number of inoperative/frozen accounts and make the process of activation of such accounts smoother and hassle-free, including by enabling seamless updation of KYC through mobile/internet banking, non-home branches, video customer identification process, etc.
03.12 / 09:31
markets
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Indus
Across campuses, startups and ecomm cos have a big appetite for engineering talent
Zomato, Flipkart, Ola, Meesho, Gameskraft, HiLabs, Roombr, Myntra, PhonePe, Quicksell, Indus Insights, Groww, WinZo, Cars24, Battery Smart and NoBroker are among these companies visiting campuses such as the National Institutes of Technology, Birla Institute of Technology & Science Pilani, Indian Institutes of Information Technology (IIITs) and Indian Institutes of Technology. The domains they are recruiting for include software development, data science, product analytics, artificial intelligence and machine learning. Campuses said not only has there been a spurt in the number of such companies visiting — in a few cases, more than double compared with last year — but several of them are also hiring in larger numbers.
03.12 / 09:31
markets
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awards
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International
Work continuing on Adani-backed Sri Lanka port, says official
Sri Lankan port’s expansion led by the Adani Group is progressing as scheduled, a top local official said, even as the fate of $553 million in American funding for the project remains uncertain following the indictment of the Indian conglomerate’s executives in the US. Construction at the Colombo West International Terminal remains ongoing, with phase one of the project still set for completion in early 2025, said Sirimevan Ranasinghe, chairman of the Sri Lanka Ports Authority, a minority shareholder in the project. “We are continuing as per our agreement,” Ranasinghe told Bloomberg News. He said the US financing had not been finalized and declined to comment further on its status, adding that it was up to the joint-venture company developing the project to secure financing.
03.12 / 09:31
markets
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Maharashtra village cancels 'repoll' plan with ballot papers after police intervention
ballot papers relented on Tuesday and gave up their plan after police intervention, the NCP (SP) winning candidate from the seat said. A senior police official said they had cautioned the villagers that legal action would be initiated if they went ahead with their «polling» plan. Earlier, residents of Markadwadi village under Malshiras segment in Solapur district had put up banners claiming a «repoll» will be held on December 3. The village comes under the Malshiras assembly constituency, where NCP (SP) candidate Uttam Jankar defeated BJP's Ram Satpute by 13,147 votes in the November 20 state polls, the results of which were declared on November 23.
03.12 / 09:29
Citi
FIVE
Citizens
Action
economy
Remark
Traffic
Don’t let air pollution cloud the success story of India’s economic emergence
Subscribe to enjoy similar stories. India has achieved remarkable economic success, ranking as the world’s fifth-largest economy. Economic experts predict India will rise to third place within five years.
03.12 / 09:29
markets
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CEO
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information
Quant hires mutual fund industry outsider as next CEO
Subscribe to enjoy similar stories. Quant Mutual Fund confirmed it has appointed a new chief executive in an effort to decouple the CEO and CIO (chief investment officer) functions currently held by founder Sandeep Tandon. The new chief executive, who is set to join in April 2025, is a mutual fund industry outsider – from a global financial conglomerate – according to a source.
03.12 / 09:29
markets
Provident
Waters
Analysis
Diversity
performer
innovations
Top 3 geyser brands in India: A comparative analysis of Havells, Crompton, and Bajaj
Best 5 litre geysers: Top 8 efficient picks from Bajaj, Crompton and other leading brands to keep you warm this winterHavells is synonymous with innovation and premium build quality. Known for combining aesthetics with performance, Havells offers a diverse range of water heaters designed to cater to modern households.Key highlights of Havells geysers:Popular models:Price range:Havells geysers generally fall into the mid to premium price category, making them ideal for those seeking long-term value.Also read: Best 15 litre geyser: Top 10 picks from Havells, V-Guard, AO Smith, Bajaj, Hindware for versatile and quick heatingCrompton is a household name in India, known for providing reliable and durable appliances.
03.12 / 09:29
UPS
Fighting
security
President
War
country
Zelensky signals he’s open to negotiating a peace deal
Subscribe to enjoy similar stories. KYIV, Ukraine—Ukrainian President Volodymyr Zelensky is subtly shifting his rhetoric about ending the war with Russia, suggesting that Ukraine is open to stopping the fight to regain Russian-occupied territory in exchange for membership in NATO.
03.12 / 09:19
markets
COST
Citi
FIVE
UK 'losing out' on growth due to excessive FCA regulation
In a letter from the UK Crowdfunding Association, its chair and director, Bruce Davis, told City Minister Tulip Siddiq that the Financial Conduct Authority's over-regulation and its approach to crowdfunding for small- and medium-sized businesses has resulted in £50-150bn of «lost investment» in UK companies. The last five years have seen «an unprecedented pace of regulatory change», according to Davis, with the UK now one of the most highly regulated markets in the world for crowdfunding investment. «The impact of these changes has been felt in the increase in marketing costs for ne...
03.12 / 09:19
UPS
Waves
Progressive
reports
Updates
ONS reports progress on labour force data collection but warns of more instability in estimates ahead
In an update today (3 December), the ONS stated that its sample size of individual responses had reached 42,398 from July to September 2024, up from 29,220 for the same period last year. UK's national statistics agency added it expects the dataset to further increase in size in coming periods but warned of «more instability in LFS estimates» since «the changes take time to progress through waves of data collection into outputs». Last month, Meg Hillier, chair of the Treasury Committee, wrote a public letter to the UK Statistics Authority raising concerns about the accuracy of the ONS ...
03.12 / 09:19
Boeing
Food
reports
UK retail sales fall 3.3% in November in 'bad start to festive season'
According to data released by the British Retail Consortium (BRC) today (3 December), the November 2024 figure stood below both the three-month and 12-month averages of -0.1% and 0.5%, respectively. BoE warns of rising sovereign debt impact on UK financial stability Food sales increased 2.4% year-on-year between September and November, against a growth of 7.6% in the same period last year. Non-food sales dropped 2.1% over the three months to November, higher than the 1.6% decline reported in November 2023. Similarly, in-store non-food sales decreased by 2.2%, compared with a 2.2...
03.12 / 08:31
Ethereum
cryptocurrency
white house
Crypto regulations
digital economy
Bitcoin
crypto market trends
What Bitcoin’s $100K journey means for the global crypto market
Bitcoin has seen a dream run over the past month since the reelection of Donald Trump as the 47th US President. From around $67,000 on the day of the election to a lifetime of $99,655, Bitcoin has increased its value by close to 50% in just a month. This rally also brought a staggering $6.2 billion net inflow into Bitcoin ETFs over the month. While BTC attempted to touch the milestone last week, we saw bears take control, leading to some profitbooking pulling down BTC’s price by around 9%. After testing the key support point of $90,000 – Bitcoin is all set to re-attempt the six-figure mark. Let's deep dive into what the milestone could result in and how BTC at $100k impacts the global crypto market in the short term and the long term.
03.12 / 08:01
markets
Provident
Analysis
Metro
show
country
reports
Voda Idea's revenue market share at all-time low in Q2FY25
Subscribe to enjoy similar stories. NEW DELHI : Vodafone Idea Ltd’s revenue market share declined to an all-time low of 14.5% for the quarter ended 30 September 2024, as it lost share in all circles despite having reported revenue growth for consistent quarters. Market leaders Reliance Jio Infocomm Ltd and Bharti Airtel Ltd gained at the expense of the country's No.
03.12 / 08:01
UPS
Qualcomm
Sony
Features
Videos
iQOO 13 with Snapdragon 8 Elite chip, 6,000mAh battery launched at ₹54,999 in India: All you need to know
iQOO 13 is available in 12/16GB of LPDDR5X RAM and 256/512GB of UFS 4.1 storage. The phone is available in two colour variants: Legend (White) and Nardo Grey. It is priced at ₹54,999 for the 12GB/256GB storage variant while the 16GB/512GB variant is priced at ₹59,999.
03.12 / 07:55
COST
Citi
Fighting
hospital
prevention
ventilators
Courts
Rival union official says Atlantic City casino union boss should resign for opposing a smoking ban
Workers seeking an end to smoking in Atlantic City casinos say the main employee union has been won over by tobacco companies seeking allies in the fight against smoking restrictions
03.12 / 07:55
03.12 / 07:55
UPS
Manufacturing
Action
Software
Matthews
President
Department
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips
03.12 / 07:55
Booking
Airlines
Mobile
International
Alaska Airlines tech issue briefly grounds planes in Seattle, disrupts bookings on Cyber Monday
Alaska Airlines says an unspecified technology issue caused the temporary grounding of flights in Seattle and continuing problems with booking flights online
03.12 / 07:55
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