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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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27.11 / 14:21
COST
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Matthew Lau: Trudeau offers more ridiculous nonsense on the economy
Last week the federal government announced a $4.7-billion tax expenditure, along with a two-month sales tax change that will create severe administrative and logistical nightmares for businesses, and whose effect on federal revenue the government seems to have badly miscalculated. According to economist Trevor Tombe, it will likely cost around $3.0 billion, versus the $1.6 billion the government estimates. Ottawa branded this $7.7-billion package an affordability measure and tax “holiday.” It is nothing of the kind. It is ridiculous nonsense, which this government delivers on a regular basis and is what Canadians really need a holiday from.
27.11 / 14:21
COST
UPS
Provident
economy
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Gwyn Morgan: Strikes divide Canadians into haves and have-nots
One annoying characteristic of Canadian unions is timing strikes to when they will cause the most harm and stress. Twelve days ago, as the busy holiday season approached, Canada Post workers went on strike, leaving small businesses scrambling to make alternative arrangements. Not an easy task, as the cost of FedEx and UPS is prohibitive for many. Purolator, which Canada Post owns, has lower rates, but Teamsters Canada has prohibited its members from handling packages identified as an alternative to Canada Post. As a result, according to the CFIB’s Corrine Pohlmann, “People unsure about delivery timelines are staying away from shopping altogether. It’s just the next big obstacle our members must deal with.”
27.11 / 14:21
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Canadian regulators probe mutual-fund sales practices at banks
Canadian regulators are conducting a co-ordinated probe of sales practices within bank branches, the latest such inquiry following a public report on “potential investor harm due to alleged high-pressure sales practices for mutual funds at some Canadian banks.”
27.11 / 14:17
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'Sanction not taken': P Chidambaram moves Delhi HC against INX media chargesheet cognisance
P Chidambaram on Wednesday moved the Delhi High Court challenging the cognisance of money laundering charges against him by a trial court in the INX Media case and argued the mandatory sanction to prosecute him wasn't obtained. Senior counsel N Hariharan appearing for the Congress leader argued that in 2021, when the trial court took cognisance of the offences under the Prevention of Money Laundering Act (PMLA) following the filing of a chargesheet, requisite sanction was not been obtained by the ED for prosecuting him in the case. It was argued that since Chidambaram was a public servant at the time when the alleged offence took place, the agency was bound to have obtained sanction in terms of the provisions of the CrPC and the PMLA. The ED counsel said in the money laundering case, the allegations against the accused could not be part of discharge of any official duty.
27.11 / 14:17
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US weekly jobless claims decline further
unemployment benefits fell again last week, but many laid-off workers are experiencing long bouts of joblessness, keeping the door open to another interest rate cut from the Federal Reserve in December. Initial claims for state unemployment benefits dropped 2,000 to a seasonally adjusted 213,000 for the week ended Nov. 23, the Labor Department said on Wednesday. The report was published a day early because of the Thanksgiving holiday on Thursday. Economists polled by Reuters had forecast 216,000 claims for the latest week. Claims have retreated from the near 1-1/2-year high seen in early October, which was the result of hurricanes and strikes at Boeing and another aerospace company.
27.11 / 14:17
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Moana 2: Is the Disney movie available online? Streaming plans
Now, with Moana 2 set to release, fans eagerly await the continuation of Moana’s adventures. Directed by David Derrick Jr., Jason Hand, and Dana Ledoux Miller, the sequel promises to expand the oceanic world that captivated millions, as mentioned in a report by Collider.
27.11 / 14:17
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58,929 waqf properties facing encroachment: Govt
Central Waqf Council (CWC) received complaints regarding various issues relating to waqf properties from time to time and the same were forwarded to the state waqf boards and governments concerned for appropriate action. «As per the details available on WAMSI (Waqf Assets Management System of India), 58,929 waqf properties are facing encroachment, out of which Karnataka has 869 such waqf properties,» he said. According to sections 54 and 55 of the Waqf Act, the chief executive officer of state waqf boards has the power to take legal action against unauthorised occupation and encroachment of waqf properties, Rijiju pointed out.
27.11 / 14:17
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Elon Musk's relationship with Donald Trump revealed. Tesla CEO's mother says he thinks 'there’s a future for America now'
Elon Musk's mother, Maye Musk, recently shared insights into the unique dynamic between her son and President-elect Donald Trump. In an appearance on Fox Business' Varney & Co., she discussed the close bond they share, revealing some surprising details about their interactions and their shared vision for America’s future.
27.11 / 14:17
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Experts
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Railways screening 22.5 lakh applicants to recruit 18,799 assistant loco pilots
Indian Railways has taken up the mammoth task of screening 22.5 lakh applicants at 346 centres across the country to recruit 18,799 assistant loco pilots. The examination began last Monday and will continue till Friday. It is being held in 15 shifts and 18 languages. «Of the total candidates, 13.5 lakh have already appeared for the exam. In the next two days, nine lakh candidates are expected to appear for the exam,» said a senior official from the Railway Board. The Railway Recruitment Board (RRB) holds examinations for recruitment for various posts in the Indian Railways.
27.11 / 14:17
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Air India Express to start flights to Bangkok from December 20
Air India Express will start flights to Bangkok from Surat and Pune from December 20, making Thailand's capital its 15th international destination. Besides, the Tata Group carrier will commence services to Dimapur (Nagaland) and Patna (Bihar). With these new cities, the airline will be connecting a total of 51 cities across India, the Middle East and Southeast Asia. «Operations to Bangkok will commence on 20th December 2024, with direct flights connecting Surat and Pune to the vibrant capital of Thailand. Additionally, the airline strengthens its domestic network with the launch of services to Dimapur and Patna, offering daily direct connectivity between Dimapur and Guwahati, and Patna and Bengaluru and Hyderabad,» the airline said in a release on Wednesday.
27.11 / 14:17
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MP women judges termination: SC to consider sealed cover report against them
Supreme Court is likely to consider on December 3 the sealed cover report allegedly on unsatisfactory performance and other materials against two women civil judges terminated from services by the Madhya Pradesh government. The top court, on November 11, 2023, had taken a suo motu (on its own) cognisance of the termination of services of six women civil judges by the state government for their alleged unsatisfactory performance. A bench headed by Justice B V Nagarathna, on July 23, asked the Madhya Pradesh High Court to reconsider its decision of terminating the services of judicial officers.
27.11 / 14:17
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Nov
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Airlines received 994 hoax bomb threats till Nov 13 this year: Govt
Airlines received 994 hoax bomb threats this year till November 13 and robust protocols are in place to handle such threats, the government has said. To deal with the menace of hoax calls in a comprehensive manner, the civil aviation ministry plans to amend the Suppression of Unlawful Acts against Safety of Civil Aviation Act, 1982, and Aircraft (Security) Rules, 2023. A total of 1,143 hoax bomb threat messages/calls were received from August 2022 till November 13, 2024, Minister of State for Civil Aviation Muralidhar Mohol informed Rajya Sabha on November 25.
27.11 / 14:17
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COST
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Why Israel-Hezbollah ceasefire is a good news for India
Gaza, triggered by a Hamas attack on Israel in October last year, and later pulled in Hezbollah too. The ceasefire does not extend to Gaza, where Israel’s military continues to fight Hamas as there is no progress on the release of Israeli hostages held by Hamas. Yet, the ceasefire is a definite turning point in the conflict and raises hope for final resolution. The ceasefire comes as a good news for India not just because India has trade and business interests in the Middle East which will be harmed if a wider war breaks out, but also because a highly ambitious project, which was deferred due to the conflict, can be back on track. The most consequential announcement at last year's G20 Summit in Delhi was the commitment to build a rail-and-port network that will connect India to the Middle-East and the Middle-East to Europe and the US. It has been named the India-Middle East-Europe Economic Corridor (IMEEC). Though no leader from the participating countries mentioned China, it is an obvious alternative to China's Belt and Road Initiative (BRI) that aims to connect the whole world to China through shipping, rail and road networks.
27.11 / 14:05
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Cognitive scientist Gary Marcus says AI must be regulated. He has a plan.
Subscribe to enjoy similar stories. Cognitive scientist, author and entrepreneur Gary Marcus was an early and vocal critic of large language models, arguing their limitations were far greater than many people thought. Lately, he has been making the case that LLMs are far riskier, too—and must be regulated.
27.11 / 14:05
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India-China trade: An alarming $18 billion discrepancy
Subscribe to enjoy similar stories. India-China trade data for 2023 reveals a widening discrepancy, with India's reported imports from China falling significantly short of China's export figures, raising concerns over potential anomalies such as under-invoicing, misclassification, and inconsistent reporting practices.
27.11 / 14:05
markets
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How stock market darling Coforge went from laggard to industry-beating growth
Subscribe to enjoy similar stories. In 2017, when Sudhir Singh joined NIIT Technologies, the first thing he did as CEO was to change the entire top leadership—lock, stock and barrel. His logic for replacing all his 14 direct reports was simple; “The only thing the old team proved was that they can’t grow," he told Mint.
27.11 / 14:05
Provident
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Best portable keyboards: Discover the top 8 compact, versatile and lightweight options for travel and work
Reasons to buyReasons to avoidThe Logitech Multi-Device Bluetooth Keyboard offers customizable keys and easy switching between devices, making it a versatile choice for users with multiple devices. With a sleek design and responsive keys, it's ideal for both work and leisure.Reasons to buyReasons to avoidAlso read: Gaming mouse under ₹500: Top 8 picks for easy on-screen navigationSimilar to the previous Logitech keyboard, this model offers the same customizable keys and easy device switching features, making it a reliable option for users who value versatility and convenience in a keyboard.Reasons to buyReasons to avoidAlso read: Best gaming keyboards for ultimate gaming experience: Top 10 choicesAnother variant of the Logitech Multi-Device Bluetooth Keyboard, this model offers the same benefits of customizable keys, easy device switching, and a sleek design, catering to users who prioritize flexibility and functionality.Reasons to buyReasons to avoidAlso read: Best wireless mouse for working professionals: Top 10 options to consider5. CONCEPT KART Universal Backlit 7-Colors Ultra-Light & Slim Portable Wireless Bluetooth KeyboardThe Universal 7-Colors Ultra-Light Bluetooth Keyboard stands out with its vibrant backlighting and ultra-light design.
27.11 / 13:45
27.11 / 13:07
markets
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Target
economy
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social
International
Trump’s tariff message: I’m in charge of the economic agenda
Subscribe to enjoy similar stories. When President-elect Donald Trump said he would nominate the hedge-fund manager Scott Bessent as his Treasury secretary Friday, much of Wall Street and corporate America breathed a sigh of relief. The choice of Bessent, who is hawkish on deficits, a defender of the dollar’s reserve status, and until recently circumspect about tariffs, suggested that Trump would put a priority on market-friendly measures to boost economic growth and hold down inflation and interest rates.
27.11 / 12:57
27.11 / 12:21
markets
Strategy
wellness
Aviva Investors launches private debt LTAF
The private debt fund has received an initial £750m of investment from Aviva's My Future Focus default pensions solution, which invests in a range of asset classes on behalf of the firm's defined contribution (DC) default strategies. Schroders gains FCA approval for launch of first 'retail' LTAF aimed at wealth market Aviva Investors said the LTAF, which is also open for allocations from external investors, could appeal to DC pension funds looking to diversify returns from traditional asset classes such as public equity and fixed income, as well as wider private market allocations and...
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