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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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01.12 / 13:13
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Unpacking India's fuming response at COP29: What really transpired?
India were fast asleep, a drama unfolded at a sprawling conference hall of the Olympic stadium in Azerbaijan's capital Baku. Diplomats from nearly 200 countries, civil society representatives and journalists had gathered to witness a decision that could determine the fate of climate action in the Global South. But what transpired was far from routine — it was a moment of diplomatic brinkmanship that left many stunned and India's delegation fuming. As the president of this year's UN climate conference, Mukhtar Babayev, approached the centrepiece agenda item — the New Collective Quantified Goal (NCQG) on climate finance — India's Deputy Lead Negotiator Neelesh Sah rushed to COP29 Lead Negotiator Yalchin Rafiyev to convey that the country wants to make a statement before the adoption of the contentious decision. Around 2:30 am, without so much as a pause for objections or comments, Babayev hammered the gavel, declaring the USD 300 billion climate-finance package adopted. The move was so swift, it left delegates from many developing countries blinking in disbelief.
01.12 / 13:13
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Syria's second city slips from government control: Monitor
Syria's second-largest city Aleppo has fallen from government control for the first time since the country's conflict began more than a decade ago, a war monitor said Sunday, after a surprise advance by rebels. An Islamist-dominated rebel alliance has pressed a lightning offensive against forces of the Iranian- and Russian-backed Syrian government since Wednesday, the same day a fragile ceasefire took effect in neighbouring Lebanon between Israel and the Iran-backed Hezbollah group after two months of all-out war. The Syrian army — supported by Russian air power — had recaptured in 2016 rebel-held areas of Aleppo, a city dominated by its landmark citadel.
01.12 / 13:13
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GST collection rises to Rs 1.28 cr in November
GST collection rose 8.5 per cent to Rs 1.82 lakh crore in November, government revealed on Sunday. In October, Gross GST collection in October rose 9 per cent to over Rs 1.87 lakh crore, the second-highest ever, on pick-up in domestic sales and improved compliance.
01.12 / 13:13
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Top seers to approve Sanatan Board proposal at Maha Kumbh, will be sent to Centre
Sanatan Board will be cleared at a congregation of prominent seers and sages at the Maha Kumbh here and will be submitted to the central government, President of Akhil Bharatiya Akhara Parishad Mahant Ravindra Puri said on Sunday. He announced that a Dharma Sansad will be held during the Maha Kumbh on January 26, the UP government said in a statement. «Prominent seers and sages from across the country, including Shankaracharyas from all four Peeths and heads of 13 Akharas, will gather at the Sangam. »The Sansad will propose the formation of a Sanatan Board which will be submitted to the central government for approval. The goal is to establish a well-structured, government-recognised board that upholds the principles of Sanatan Dharma without any shortcomings," he said.
01.12 / 13:13
01.12 / 12:55
01.12 / 12:55
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Size matters: Decoding Indian manufacturing’s problem of scale
Subscribe to enjoy similar stories. New Delhi: The production-linked incentive (PLI) scheme—one of the ways in which this government was hoping to increase manufacturing in India—is going through a slowdown, with planned expansions to the programme being put on hold.
01.12 / 12:49
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Bangladesh estimates $16 billion siphoned yearly in Sheikh Hasina's 15-year rule
The panel led by economist Debapriya Bhattacharya submitted a white paper on the state of Bangladesh’s economy to Yunus in Dhaka on Sunday, according to a government statement. Sheikh Hasina was ousted by student protesters in August after 15 years of increasingly authoritarian rule. The army and protest leaders tapped Nobel laureate Yunus, who pioneered microcredit to the poor, to lead an interim government.
01.12 / 12:49
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Wayanad rehabilitation: Priyanka Gandhi says she will write to Kerala CM, 'pressure' Centre
Priyanka Gandhi Vadra on Sunday said she will write to Kerala Chief Minister Pinarayi Vijayan and put as much as pressure on the Centre to provide the rehabilitation of Wayanad landslide victims. «I will be writing to the Chief Minister of Kerala and trying to put as much as pressure possible on the Centre as well to provide the rehabilitation that they deserved,» she said while addressing a meeting at Kalpetta here. «But I would like to urge both the Prime Minister and the Chief Minister to provide this rehabilitation, regardless of politics,» she added.
01.12 / 12:49
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UN halts aid shipments through Gaza's main crossing after looting. It blames the crisis on Israel
Gaza Strip because of the threat of armed gangs who have looted recent convoys. It blamed the breakdown of law and order in large part on Israeli policies. The decision could worsen the humanitarian crisis in Gaza as the cold, rainy winter sets in, with hundreds of thousands of Palestinians living in squalid tent camps and reliant on international food aid. Experts were already warning of famine in the territory's north, which Israeli forces have almost completely isolated since early October. Philippe Lazzarini, the head of UNRWA, the main aid provider in Gaza, said the route leading to the Kerem Shalom crossing is too dangerous on the Gaza side. Armed men looted nearly 100 trucks traveling on the route in mid-November, and he said gangs stole a smaller shipment on Saturday.
01.12 / 12:49
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Ambani bahu Radhika Merchant rocks in causal jeans-look at Dua Lipa concert
Radhika Merchant Ambani, the youngest daughter-in-law of the Ambani family, is often celebrated for her flawless fashion choices. Recently, she attended the Dua Lipa concert in Mumbai with her husband, Anant Ambani, and once again stole the spotlight with her unique style. Known for their extravagant, diamond-and-gold-adorned couture looks, the couple surprised everyone by embracing a «less is more» approach, stepping out in effortlessly chic, casual outfits instead.
01.12 / 12:49
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Welfare pension fraud: LoP Satheesan sends letter to Kerala CM, FM
Kerala government to release the names of government employees found to have received social security pensions meant for the poor in the state. The opposition party warned that unless the names were disclosed, even honest officers would fall under suspicion. Leader of Opposition in the state Assembly, V D Satheesan, sent a letter to Chief Minister Pinarayi Vijayan and Finance Minister K N Balagopal, citing the demand. In the letter, Satheesan expressed «surprise» that the government had not taken action on the matter, despite findings by the Comptroller and Auditor General (CAG) two years ago.
01.12 / 12:49
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"Working to make Bangladesh part of India': Mob heckles journalist Munni Saha, video goes viral
Munni Saha was reportedly heckled by a mob, a video of which has gone viral on the Internet. She was later arrested in Dhaka’s Kawran Bazar area on Wednesday night after the confrontation with the mob. Police intervened after the crowd accused Saha of spreading misinformation and “working to make Bangladesh a part of India.” Saha maintained her innocence, stating, “This is also my country.” A video circulating online shows the tense encounter. The mob accused Saha of involvement in the 2009 Bangladesh Rifles mutiny and student deaths. “You are doing everything to make this country a part of India. The blood of students is on your hands,” one person shouted. Saha responded, “How have I harmed? This is also my country.”
01.12 / 12:49
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Taiwan accuses China, Russia of heightening regional tensions
Taiwan's Mainland Affairs Council (MAC) had condemned China and Russia for escalating tensions in the Asia-Pacific region. The council's statement on Friday highlighted Chinese military activity in the Taiwan Strait and joint military operations between China and Russia, which breached South Korea's air defence identification zone (KADIZ) earlier this week, Taipei Times reported. These actions have raised concerns about increasing instability in the region.
01.12 / 12:49
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Ready to ban beef in Assam if Congress writes to me: Himanta
Himanta Biswa Sarma said he was ready to ban beef in Assam if state Congress chief Bhupen Kumar Borah writes to him, seeking it. Responding to the allegation that BJP distributed beef to win the Muslim-dominated Samaguri, which was under Congress control for five consecutive terms, Sarma said he was happy that the opposition party raised the matter. «Samaguri was with Congress for 25 years. Congress losing a constituency like Samaguri by 27,000 votes (sic) is the biggest shame in its history. It is Congress's defeat more than BJP's win,» he told reporters after a party meeting here on Saturday. BJP's Diplu Ranjan Sarmah defeated Congress's Tanzil, son of party MP Rakibul Hussain, by 24,501 votes in a bypoll last month.
01.12 / 12:49
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Kolkata's RG Kar ex-principal Sandip Ghosh helped two cartels procure hospital contracts: CBI chargesheet
RG Kar College and Hospital Sandip Ghosh allegedly helped two cartels in procuring hospital contracts, the agency has said in its recently filed chargesheet. The special court has taken the chargesheet on record but it is yet to take its cognisance because the West Bengal government has not provided sanction to prosecute Ghosh and other accused. Ghosh had resigned as the principal of the state-run institute on August 12 in the aftermath of the rape and murder of a trainee doctor on its premises. The CBI has named Ghosh, former House Staff of the medical college Ashish Kumar Pandey, and businessmen Biplab Singha of Maa Tara Traders, Suman Hazra of Hazra Medical and Afsar Ali Khan of Eshan Cafe, in the charge sheet.
01.12 / 12:15
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Goa vs Vietnam: Why this Mumbai techie picked Da Nang thrice for beach holiday
Subscribe to enjoy similar stories. Mumbai-based Harsh Vardhan has never visited Goa, despite being a beach enthusiast. The 31-year-old is in no hurry to visit it anytime soon, as he has found his perfect escape in Da Nang, Vietnam.
01.12 / 11:27
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Welcome Elon Musk, the shadow president-elect of the United States
Subscribe to enjoy similar stories. Leading members of the US political and economic establishment are either ecstatic or nervous about Donald Trump’s second term, depending on their respective world-views. Many imponderables cloud the horizon, given some of the unknown quantities in the Trump cabinet or the difficulty in predicting the gap between pre-poll rhetoric and actual policy roll-out.
01.12 / 11:27
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A new “quartet of chaos” threatens America
Subscribe to enjoy similar stories. Antony Blinken, America’s secretary of state, was unusually blunt on a recent visit to Europe: “One of the reasons that [Vladimir] Putin is able to continue this aggression is because of the provision of support from the People’s Republic of China," he said. China was, he added, “the biggest supplier of machine tools, the biggest supplier of microelectronics, all of which are helping Russia sustain its defence industrial base".
01.12 / 11:27
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Sip on Bengaluru: Cocktails inspired by the city’s scents
Subscribe to enjoy similar stories. You can see that the servers at Soka are fully invested in its complex new limited menu inspired by the scents of Bengaluru. At each table of the intimate 38-seater bar, servers take guests through the details of the five cocktails in the menu, Vāsané, which positions itself as an “olfactory archive of Bengaluru".
01.12 / 10:49
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Hyundai sales dip 7% in November
Hyundai Motor India on Sunday said its total sales declined 7 per cent year-on-year to 61,252 units in November. The automaker had dispatched 65,801 units to its dealers in November last year, the automaker said in a statement.
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