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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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27.11 / 12:21
markets
FCA unveils consultation into repealing MiFID organisational requirements
The consultation comes off the back of the Treasury plans to reform the MiFID framework to «reinvigorate» capital markets, as set out in Rachel Reeves' Mansion House speech earlier this month. Mansion House speech: What does it mean for the investment and pension landscape? Under the watchdog's consultation, not much change is expected to take place and impact regulated firms, given many of the conduct rules and systems and control rules under MiFID will be brought into the FCA's Handbook. As such, the regulator has proposed to «retain the current substance of the requirements» to ...
27.11 / 12:09
UPS
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The IRS is at risk of losing $20 billion in funding without legislative intervention
Already bracing for funding cuts under a new Trump administration, U.S. Treasury officials are calling on Congress to unlock $20 billion in IRS enforcement money that is tied up in legislative language that has effectively rendered the money frozen
27.11 / 12:09
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Volkswagen
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Volkswagen and Chinese partner SAIC to sell joint venture plant in west China's Xinjiang
Volkswagen and SAIC Motor say they have agreed to extend their 40-year-old automaking joint venture in China until 2040
27.11 / 12:09
markets
DOW
economy
Trade
Stock market today: World shares are mixed, with China benchmarks higher despite tariff talk
World shares are mixed with Chinese stocks leading gains after U.S. stocks rose to records despite President-elect Donald Trump’s latest talk about tariffs
27.11 / 12:09
Action
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Department
Biden's public lands director named to lead environmental group
A senior official in President Joe Biden’s administration who oversaw its contentious efforts to address climate change by curbing drilling and mining on federal lands has been named the next president of a prominent environmental group
27.11 / 12:09
markets
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Volkswagen
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International
Electric cars need a recharge as range limits, cost leave some drivers skeptical
While sales of electric vehicles surge in China, the spread of more environmentally friendly vehicles is stumbling in the United States and Europe as carmakers and governments struggle to meet years-old promises about affordability and charging stations
27.11 / 12:07
Provident
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Features
Check out this buying guide to choosing the best humidifier and why it is a must-have for comfort and rising pollution
Do air purifiers actually work? Separating fact from fiction with expert insights and top air purifier recommendationsHumidifiers come in various types, each functioning differently. For instance, ultrasonic humidifiers use high-frequency vibrations to produce a fine mist, while evaporative models rely on a fan to blow air through a wet wick.
27.11 / 11:57
markets
COST
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information
Department
Do you have extra PAN? Steps to surrender additional PAN card to avoid penalty
To clarify the taxpayers doubt, the income tax department has released the FAQs on PAN 2.0 project. The FAQs are released by the PIB on November 26, 2024. One of the FAQs talk about taxpayers having more than one PAN, how they can identify and get it cancelled to avoid any penal consequences. Income tax dept issues FAQs on PAN 2.0 project: Check details about applying for new PAN, change PAN number
27.11 / 11:57
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Investigations
NIA conducts searches against 'terror-gangster syndicate' involved in smuggling arms into India
A host of incriminating materials, including mobiles/digital devices, banking transactions and property-related documents, were seized during the searches, the statement issued by the probe agency said. «In a massive crackdown in the terror-gangster nexus case, the NIA on Wednesday conducted extensive searches at premises linked with associates of Davinder Bambiha syndicate at nine locations in the states of Punjab, Haryana and Uttar Pradesh,» it said.
27.11 / 11:57
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International
Loan book of Axis Bank's IFSC unit at GIFT City doubles to USD 4 bn in 5 years
Axis Bank on Wednesday said the asset book of its IFSC Banking Unit (IBU) at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar has doubled to USD 4 billion from USD 2 billion in 2019. The bank unveiled a spacious IBU office at GIFT City here that spans nearly 8,000 square feet and is nearly three times bigger than the previous facility located here. «In terms of size, today our asset book here is a little over USD 4 billion, which is among the largest in GIFT City. Similarly, on the liability side, we have a USD 1 billion deposit, which once again makes us among the highest in terms of deposits as well...from USD 2 billion in 2019, we have doubled our asset book,» its Deputy Managing Director Rajiv Anand told mediapersons. «The office is an expression of our ambition aligned with the ambition for GIFT City to serve our customers. We continue to show very solid growth on multiple fronts,» said Axis Bank's President and Head of Wholesale Banking Products Vivek Gupta.
27.11 / 11:57
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awards
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India has taken robust measures to regulate fintech industry: Finance ministry official
Financial Action Task Force's recommendations to tackle money laundering and terror financing, a central government official said on Wednesday. India is among the few countries that are working on FATF recommendations to regulate the fintech industry, said Vivek Agrawal, additional secretary (department of revenue), ministry of finance, during the ongoing 41st plenary meeting of the Eurasian Group in Indore. FATF leads global action to tackle money laundering, terrorist and proliferation financing. The Reserve Bank of India (RBI) has also issued separate guidelines to regulate payment aggregators and payment gateways, he said.
27.11 / 11:57
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Updates
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 80.41 points up at 24274.9, while BSE Sensex ended 230.02 points at 80234.08.
27.11 / 11:57
markets
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Enterprise
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Stock market update: Power stocks up as market rises
Adani Power Ltd.(up 19.52%), Adani Energy Solutions Ltd.(up 10.00%), Adani Green Energy Ltd.(up 10.00%), Jaiprakash Power Ventures Ltd.(up 6.90%), Gujarat Industries Power Company Ltd.(up 5.27%), GMR Power and Urban Infra Ltd.(up 5.00%), Ravindra Energy Ltd.(up 5.00%), Jyoti Structures Ltd.(up 5.00%), Reliance Power Ltd.(up 4.99%) and Indowind Energy Ltd.(up 4.98%) stood among the top gainers.
27.11 / 11:57
markets
COST
UPS
Align
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Scandals
Naidu government explores options to keep SECI solar deal alive amid bribery allegations against Adani group
bribery scandal involving the Adani Group that has come to light in the U.S. According to sources, the state government is not in favor of canceling the deal due to the legal complexities it would entail. Instead, it is considering the possibility of setting up the solar power plant within Andhra Pradesh, which would significantly lower transmission costs. A senior minister in the state government highlighted that if the power were available locally with minimal transmission costs, the rate of Rs 2.49 per unit would be reasonable.
27.11 / 11:57
markets
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Actor
Experts
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Leonardo DiCaprio, 50, engaged to 26-year-old girlfriend Vittoria Ceretti? Here's the truth
Leonardo DiCaprio engaged to his model girlfriend Vittoria Ceretti? Is Hollywood's most eligible bachelor DiCaprio finally off the market? The 50-year-old actor has ignited speculation that he may have finally popped the question to his 26-year-old model girlfriend, Vittoria Ceretti. Rumours and whispers of a hush-hush engagement began to surface online after gossip site DeuxMoi revealed that they received an email suggesting that the Oscar-winning actor might just be ready to settle down. The actor, who built up quite the reputation for his bachelor lifestyle and dating supermodels under 25, had many running a search to check Ceretti's age on hearing the surprising news.
27.11 / 11:57
markets
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SEC
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information
Sensex rises! These stocks rallied over 15% on BSE in today's trade
stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the amid brisk in frontline bluechip counters. Stocks that surged in excess of 15% included, Indo Cotspin(20.00%), Chennai Multi(19.99%), Ola Electric Mobilit(19.99%), Adani Gas(19.76%), Adani Power(19.65%), Thirani Projects(18.58%), Ellora Trading Ltd.(18.33%), Xpro India(17.33%) and Shaily Engg Plastics(16.35%).
27.11 / 11:57
markets
Parke
Experts
Amicus
2020
reports
Courts
Private buses in Jim Corbett core area: SC emphasises on having 'balanced view'
Jim Corbett National Park in Uttarakhand. Justices B R Gavai and K V Viswanathan said the central empowered committee (CEC), which has recommended against the plying of private buses on the Pakhro-Moreghatti-Kalagarh-Ramnagar Forest road, should also think about the people residing there. «You (CEC) have to take a very balanced view. You can't think only about the animals. You also have to think a bit about human beings also,» the bench said. The top court was hearing a petition against the national park's decision to allow a privately operated buses to ply within the core area of the tiger reserve.
27.11 / 11:53
DOW
reports
SoftBank Group plans to invest $1.5 billion in OpenAI through tender offer
Subscribe to enjoy similar stories. SoftBank Group is starting a tender offer to buy shares worth $1.5 billion in OpenAI from employees of the startup behind ChatGPT, a person familiar with the matter said.
27.11 / 11:53
27.11 / 11:53
Target
wellness
Honeywell
Experts
Virus
performer
testing
Are portable air purifiers efficient or a gimmick? Here is what we found in our testing and experience
Best Honeywell car air purifiers: Top 5 picks to keep your vehicle fresh and clean from unwanted pollutantsUV-C Light: Some purifiers use UV-C light to kill bacteria and viruses. Although this sounds impressive, its effectiveness depends heavily on how long particles are exposed to the light and how close they are to the UV source.Check out desk air purifiers on AmazonPortable air purifiers come with their fair share of pros and cons, and it’s important to weigh them out before deciding if they’re worth your money.
27.11 / 11:53
Citi
Food
love
Photos
country
travelers
Rohit Chawla's new series captures the vintage romance of Havana
Subscribe to enjoy similar stories. One of the most striking images in Rohit Chawla’s new series,Havana, is of an old bespectacled lady, sporting an array of vibrant blooms in her hair, beaming with smile. Photographed against a Spartan beige wall, her entire being radiates cheer and positivity.
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