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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
Blockchain
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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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03.12 / 07:55
03.12 / 07:55
03.12 / 07:37
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Cricket to AI: Campus recruiters riddle IIT candidates on off-syllabus topics to pick the perfect employees
Subscribe to enjoy similar stories. It’s time for riddles at IIT campus placements! Here goes: There are X number of people standing in a circle. The first one kills three, the second one kills four and so on.
03.12 / 07:19
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Best phones under ₹20,000 in December 2024: OnePlus Nord CE 4 Lite, Moto G85 5G and more
Best phones under ₹20,000 in December 2024: With new phones launching every month, it can be hard to keep a track of all the devices available in a price range. In order to help you select the right phone, we have compiled the list of top mobiles one can choose under a budget of ₹20,000.iQOO Z9 is powered by the MediaTek Dimensity 7200 octa-core processor. It features a 6.67-inch AMOLED display with a 120Hz refresh rate, offering vibrant colors and fluid visuals.
03.12 / 07:19
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How Stellantis CEO’s cost-cutting mantra cost him his job
Subscribe to enjoy similar stories. A ruthless focus on efficiency made Carlos Tavares a giant of the automotive industry. It was also his undoing at Stellantis.
03.12 / 07:19
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Trump’s tariffs would worsen the China shock experienced by the rest of us
Subscribe to enjoy similar stories. Imagine we are on a game show where we’re given a choice of picking any one of three doors. Behind one door is a car, while the others hide one goat each.
03.12 / 07:11
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Govt should leverage sports industry for economic growth: Report
Future of Sports in India,' also suggested that the government could provide incentives to the private sector to fund large-scale, holistic sports programmes to support talent development as part of their Corporate Social Responsibility (CSR) activities. CSR contributions could be leveraged to establish and run high-performance training centres with facilities, including international coaches, nutritionists, and mental and physical trainers. It said that the government may formulate policies to establish and support comprehensive skill development programmes for sports coaching, sports management, and sports-related ancillary industries to boost employment generation through sports, especially in tier-2 and rural areas.
03.12 / 07:11
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International
Trump's BRICS tariff threat vows to defend US dollar hegemony, but is the greenback under threat?
Trump has threatened retaliation against governments that challenge the US dollar, vowing «100 percent tariffs» on countries that undercut the US currency. The Republican vowed the action on states that «create a new BRICS Currency» or otherwise «replace the mighty US dollar,» according to a post on Truth Social on Monday. BRICS refers to a grouping that includes Brazil, Russia, India, China and South Africa, and has expanded in recent years to include Iran, Egypt, Ethiopia and the United Arab Emirates.
03.12 / 07:11
03.12 / 07:11
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Suraksha Diagnostic IPO Day 3: GMP, Price Band, Subscription, Key Dates and Review
initial public offer (IPO) of Suraksha Diagnostic received muted response for the first two days with just 37% subscription. The issue will close for bidding today. One of the main reasons for this subdued show is due to the IPO structure, which is completely an offer-for-sale (OFS) of 1.92 crore shares. This means that the company will not receive any proceeds from the offering and the entire funds will go to the selling shareholders.
03.12 / 07:11
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Cryptocurrency prices today: Bitcoin holds above $96,000; XRP, Chainlink surge up to 30%
volatility. As of 11:42 am, Bitcoin was down 0.1% at $96,158, after hitting a daily low of $94,482 and a high of $97,430. Last week, the cryptocurrency experienced significant volatility, dipping to an intraday low of $90,770 on Wednesday.
03.12 / 07:11
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KSCAA writes letter to tax dept about taxpayers being wrongly charged late penalty for ITR filing
income tax department making errors in processing income tax returns (ITR). The Karnataka State Chartered Accountants Association (KSCAA) has sent a representation to the CBDT in this regard. KSCAA's representation says that the CPC has erred in considering the due date for filing ITR and has imposed penalties even for those who filed ITR well within the deadline. A chartered accountant, who did not want to be named, also said that her own firm as well as the firm's clients got slapped with the penalty for late filing of ITR even though it was filed on time.
03.12 / 07:11
Provident
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EBITDA, PAT profitability achieved with 33% growth in FY24: Shadowfax
Shadowfax Technologies, a provider of e-commerce express parcels and value-added services (VAS), has announced that it has become profitable in both Adjusted PAT and EBITDA for the financial year, with revenue growing 33% year-on-year, from Rs 1,415.1 crore in FY23 to Rs 1,884.8 crore in FY24. EBITDA improved significantly, shifting from a loss of Rs 113.5 crore in FY23 to a profit of Rs 11.4 crore in FY24, while Adjusted PAT moved from a loss of Rs 123.8 crore to a profit of Rs 2 crore. Shadowfax has further diversified its revenue streams, with the majority share now coming from value-added services (VAS). These services include Prime solutions (Same Day and Next Day delivery), Reverse Logistics, Hand-to-Hand Exchange, and the rapidly expanding Quick Commerce (10-minute delivery). Over the past few years, Shadowfax has accelerated its investments in the middle-mile network, exceeding Rs 200 crore to automate its 40 sort centers, which now span over 1 million square feet. On the technology front, key innovations such as Shadowfax Maps for enhanced delivery accuracy and Shadowfax Shield for fraud detection have significantly boosted operational efficiency, driving this financial success.
03.12 / 07:11
UPS
FIVE
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Security beefed up at Bangladesh High Commission in Delhi
With the winter session of Parliament underway, Section 163 of the Bharatiya Nagarik Suraksha Sanhita (BNSS), which prohibits assembly of five or more people, is in force in the central part of Delhi, the officer said. In Agartala, thousands of people took out a massive demonstration near the Bangladeshi mission on Monday against the arrest of Hindu monk Chinmoy Krishna Das as well as attacks on the Hindu community in Bangladesh.
03.12 / 07:11
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HDFC AMC shares 0.21% as Sensex rises
HDFC Asset Management Company Ltd. traded 0.21 per cent at Rs 4259.25 at 12:12PM (IST) on Tuesday, even as BSE benchmark Sensex 471.19 points to 80719.27. The stock had closed at Rs 4250.20 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4862.00 and Rs 2852.85, respectively.
03.12 / 07:11
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Digital
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When AI meets cloud ERP: Driving the digital shift in India’s automotive manufacturing
“I was pretty dismayed by the IT being deployed in this industry. It was minimal a decade back,” said Vinnie Mehta, General Secretary of the Automotive Components Manufacturing Association of India (ACMA). “Then came the pandemic, and the entire industry transformed itself, and that was something wonderful to have happened,” Mehta added. Mehta said that everyone jumped onto the IT bandwagon in the industry almost overnight, to the point that ERP systems have now become integral to managing the entire value chain. “It is only fitting, given the fact that the whole automotive value chain contributes to around 7% of India’s GDP, and the auto component industry is half of that. Today, it is hard to envisage a manufacturing value chain without the ERP systems,” he said.
03.12 / 05:37
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Elton John says he’s lost his eyesight, unable to see his own musical
Elton John has revealed that he’s physically unable to see the new musical for which he wrote the music, saying that he has lost the majority of his eyesight after suffering an eye infection.
03.12 / 05:21
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Tata Power shares 2.64% as Nifty
Tata Power Company Ltd. 2.64 per cent to Rs 427.15 in Tuesday's trade. It hit a high of Rs 427.80 and low of Rs 417.50 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 426.96, while the 50-DMA was at Rs 440.18. 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.
03.12 / 05:21
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3 arrested with arms in Manipur's Imphal
Imphal East district, police said on Tuesday. They were arrested from Kshetrigao Sabal Leikai when they were loitering in the area to «commit prejudicial activities» like extorting money from the people, police said in a statement. «They were later found to be members of Arambai Tenggol,» it said. Those arrested were identified as Ningombam Lemba Singh (25), Mangshatabam Poireinganba Meitei (21) and Laishram Bidyas Singh (21). A minor was also held along with them, police said.
03.12 / 05:21
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Stock market update: Nifty IT index 0.27% in an upbeat market
HCL Technologies Ltd.(up 1.01 per cent), L&T Technology Services Ltd.(up 0.75 per cent), LTIMindtree Ltd.(up 0.55 per cent), Tata Consultancy Services Ltd.(up 0.43 per cent) and Infosys Ltd.(up 0.41 per cent) were among the top gainers.
03.12 / 05:21
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Max Healthcare shares 2.38% as Sensex rises
Max Healthcare Institute Ltd. traded 2.38 per cent in Tuesday's session at 10:25AM (IST). The stock opened at Rs 1025.00 and has touched an intraday high and low of Rs 1046.05 and Rs 1023.10, respectively, during the session so far. The stock quoted a 52-week high of Rs 1117.05 and a 52-week low of 630.75. About 19,671 shares changed hands on the counter so far.
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