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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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29.11 / 15:39
29.11 / 15:39
markets
Reuters
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trump tariffs
World economy to witness worrying uncertainties in 2025 due to Trump Tariffs?
World economies and equity markets have had a robust year, with global growth expected to average 3.1 per cent this year, a Reuters poll published in October showed. Forecasts from some top banks on economic growth, inflation and the performance of major asset classes in 2025 have resonated the broader overview, Reuters reported. Also Read :Black Friday vs Cyber Monday: Which day offers the best deals and discounts?
29.11 / 15:39
COST
UPS
CEO
Platform
reports
rights
Platform service worsens as cost of living spurs clients to move assets
Speaking on Thursday (28 November) at the launch of Parmenion's report called The Impact of Poor Platform Service, Polson said the cost of living has led to clients «testing out different things with their assets». Parmenion CEO Martin Jennings said the poor service on platforms is «becoming a huge problem» for the industry. Polson added that «people are needing cash more than ever right now». «Poor service has always been a problem, but adviser tolerance has dropped,» he continued «You cannot measure the service your clients get on a platform. Firms have been putting up with th...
29.11 / 15:39
CEO
Platform
performer
reports
Baillie Gifford UK Growth trust exits Hargreaves Lansdown over 'management missteps'
In the trust's half year report published today (29 November), managers Iain McCombie and Milena Mileva said: «We have been disappointed by the performance of this leading savings platform business in recent years, as a number of management missteps have ultimately led to disappointing inflows into their platform in comparison to the other platform businesses owned in the portfolio such as Integrafin and notably AJ Bell.» Despite some optimism about the company's CEO, Dan Olley, who joined in August 2023, the Baillie Gifford trust managers argued the issues highlighted «would take time ...
29.11 / 15:39
29.11 / 15:39
markets
Manufacturing
Google
Strategy
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country
electronic
Dixon Technologies partners with Taiwan's Compal Electronics to make Google Pixel devices in India
Dixon Technologies Friday said it has entered into an agreement with Taiwanese original design maker Compal Electronics to make Google Pixel devices in India, as the US major strives to gain a foothold in the world’s second largest smartphone market. Dixon becomes the second contract manufacturer for Google who had started making Pixel phones locally with Foxconn subsidiary Wow Tech at their Chennai facility. “This is a significant opportunity for Dixon and marks an exciting step in our growth and commitment to delivering cutting edge, high quality products to the global and domestic market,” Atul B. Lall, Vice Chairman of Dixon Technologies said in a notice to the stock exchanges.
29.11 / 15:39
Target
Food
Eurozone inflation climbs above ECB's target to 2.3% in November
According to Eurostat, the statistical office of the European Union, services remained a sticky price point, with the highest annual rate of any inflation component at 3.9%, down 0.1 percentage points from October's level. Food, alcohol and tobacco also fell by 0.1 percentage points to 2.8% while non-energy industrial goods and energy prices both increased, from 0.5% to 0.7% and -4.6% to -1.9%, respectively. ECB cuts interest rates to 3.5% amid softer inflation figures and faltering growth November's rate marked the first return to a level above the ECB's 2% target since August. ...
29.11 / 15:39
markets
UPS
MET
Strategy
Election
Integrity of electoral process severely compromised, Cong to soon launch movement: CWC
Congress Working Committee met here on Friday and adopted a resolution alleging the integrity of the entire electoral process was being severely compromised against which the party would soon launch a movement. In the resolution of the top body of the Congress, the party said free and fair elections is a Constitutional mandate that was being called into «serious question by the partisan functioning of the Election Commission». The CWC, which met amid the ongoing Winter Session of Parliament, said the session has been a washout so far because of the Narendra Modi government's «stubborn refusal» to have an immediate discussion on three pressing national issues — «the recent revelations regarding corruption by a business group, and the violence in Manipur and Uttar Pradesh's Sambhal». Asked why the Congress Working Committee (CWC) resolution does not name the business group, Congress leader Jairam Ramesh said, «The answer is the Adani group».
29.11 / 15:39
markets
Target
Strategy
trends
exclusive
reports
Black Friday vs Cyber Monday: Which day offers the best deals and discounts?
Both shopping events have evolved significantly over the years, sparking a debate among shoppers: which day provides the better deals? Here’s a closer look at these iconic sales days and what they bring to the table.
29.11 / 15:27
Provident
Manufacturing
economy
Align
show
reports
testing
RBI’s GDP projections on test as India’s Q2 GDP growth falls short
Subscribe to enjoy similar stories. The Indian economy experienced a big jolt in the July-September quarter of 2024-25, with the real GDP growth rate slowing to 5.36%, the lowest in seven quarters, data released by the statistics ministry on Friday showed. Not only was this sharply lower than the projection of 7% by the Reserve Bank of India but also lower than the median estimate of 6.5% by 26 economists in a Mint poll.
29.11 / 15:27
COST
CEO
Platform
Enterprise
Healthcare
hospital
reports
Aster DM, Blackstone-backed Quality Care announce merger in $5 bn deal
Subscribe to enjoy similar stories. A mega merger, the largest in Indian healthcare, announced on Friday just created a Top 3 ranker in India’s hospital industry. Bengaluru-based Aster DM Healthcare announced a merger with Blackstone-backed Quality Care India Limited (QCIL) in a deal that will value the combined entity at $5.08 billion ( ₹43,000 crore).
29.11 / 14:43
markets
Provident
Target
Strategy
Trade
Experts
reports
Market in limbo: May wait for direction till February
Subscribe to enjoy similar stories. The benchmark Indian equity indices have shown little movement over the past month, and market experts suggest that the lack of fresh triggers may keep the market range-bound in the near term.
29.11 / 14:43
29.11 / 14:29
Citi
Citizens
Fighting
Southern
mountaineering
Hezbollah fighters retreat north after truce, past Lebanese civilians heading home
Subscribe to enjoy similar stories. NABATIEH, Lebanon—Exhausted Hezbollah fighters filed past a throng of civilians through this small Lebanese city on Thursday, withdrawing northward a day after a cease-fire aimed at halting more than a year of fighting between the Iranian-backed militant group and Israel. As they pulled back, ordinary residents flowed south, past mountains of rubble, returning to homes they had fled as intensifying fighting engulfed the towns and villages of Lebanon’s south.
29.11 / 14:29
markets
Man
WhatsApp
Trade
information
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Updates
WhatsApp share market scam dupe: Mumbai man loses ₹11.1 crore in fake investment scheme
₹11.1 crore. The victim, a former ship captain, fell prey to a well-orchestrated scam that began through a WhatsApp group, reported ET.As per the publication, the elderly man was added to the group on August 19, under the guise of a reputed financial services company.
29.11 / 14:29
markets
Golf
country
Inside
travelers
International
Sporting
Golf tourism: A swinging good time
Subscribe to enjoy similar stories. Till the other day, golf was somewhat elitist and therefore, eminently aspirational. Then the pandemic happened.
29.11 / 14:29
UPS
Merit
President
Courts
Investigations
Relationships
Swiss wealth manager Lombard Odier indicted for money laundering
Lombard Odier — one of Switzerland's oldest private banks — was indicted by Swiss prosecutors for «aggravated money laundering.»
29.11 / 14:03
Digital
Align
Parke
awards
WhatsApp
Macrotech buys 100% stake in Janus Logistics for Rs 48 crore
Realty developer Lodha, listed as Macrotech Developers has made strategic acquisition of a 100% equity stake in Janus Logistics and Industrial Parks Pvt Ltd (JLIPPL) from Phoenix Logistics and Industrial Parks for nearly Rs 48 crore. This strategic move aligns with the company’s vision for growth in digital infrastructure through its Lodha Industrial and Logistics Park (LILP) initiative. No regulatory approvals are required for the acquisition that was conducted on Friday, Macrotech said in a regulatory filing.
29.11 / 14:03
markets
Booking
Action
Fighting
Remark
community
Experts
FIR registered against Karnataka seer over his remarks on voting power to Muslims
Kumara Chandrashekaranatha Swamiji for his remarks on voting power to Muslims, police said on Friday. Leader of Opposition R Ashoka, terming the case against the seer as an insult to the Vokkaliga community said the BJP will protest on the streets if he is «harassed». The seer had made the statement during a protest meeting organised by the Bharatiya Kisan Sangh here on Tuesday against notices issued by Karnataka's waqf board. Urging everyone to unite to protect farmers and their land, Swamiji had said that a law should be brought in where Muslims community don't have the voting power.
29.11 / 14:03
markets
Digital
awards
Experts
AVP
show
Q2 growth shocker puts pressure on RBI to cut rates
Gross domestic product grew 5.4% in the three months to September from a year earlier, the Statistics Ministry said in a statement on Friday. That’s the worst reading since the fourth quarter of 2022 and much lower than the central bank’s projection of 7% for the period. None of the 44 economists surveyed by Bloomberg had predicted such a slow pace of expansion. Bonds rallied as traders now expect the central bank to start loosening monetary policy. The yield on the 10-year benchmark bond fell 6 basis points to 6.74%.
29.11 / 14:03
markets
Provident
Cooper
Strategy
economy
Experts
PAM
Mission Arun Himveer boosts market linkage for Arunachal’s agri-horti produce
Mission Arun Himveer took off with the signing of a Memorandum of Understanding (MoU) between the Arunachal Pradesh Agriculture Marketing Board (APAMB) and the Indo Tibetan Border Police (ITBP), North East Frontier. Under the initiative the state government through APAMB will supply fruits, vegetables, meat and poultry products to the ITBP procured from local farmers, SHGs, FPOs and farmer cooperatives. This follows the first such understanding made between the state government and the Indian Army in August 2022. Till date around 400 tons of fruits and vegetables worth Rs 72 lakhs were lifted by LAMPS from indigenous farmers for supply to the Indian Army.
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