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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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20.11 / 08:59
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ReNew Q2 Results: Net profit jumps 31% YoY to Rs 494 crore
ReNew Energy Global Plc (ReNew) on Wednesday reported a 31 per cent rise in net profit to Rs 493.9 crore (USD 59 million) in the September 2024 quarter pushed by higher income. It posted a net profit of Rs 377.1 crore (USD 45 million) in the July-September period of preceding 2023-24 fiscal, the Nasdaq-listed entity said in a statement. ReNew's total income in the second quarter also rose to Rs 2,988.7 crore (USD 357 million) from Rs 2,863.2 crore (USD 342 million) during the same period last financial year.
20.11 / 08:59
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Karnataka CM seeks appointment with FM Nirmala Sitharaman to discuss NABARD loan 'reduction'
Siddaramaiah on Wednesday said he has sought an appointment with Union Finance Minister Nirmala Sitharaman to discuss the «reduction» in loan amount to the state this year, from the National Bank for Agriculture and Rural Development (NABARD). The Chief Minister will be travelling to the national capital tonight. «There is a launch of Nandini products in Delhi, so I'm going. I have also sought appointment with Union Finance Minister Nirmala Sitharaman, because NABARD loan to the state this year has been reduced. Last year, Rs 5,600 crore was given, this year it is Rs 2,340 crore. It has been reduced by 58 per cent,» Siddaramaiah said. Speaking to reporters here, he noted that the NABARD comes under the Finance Ministry. «I will make a request to her.»
20.11 / 08:41
20.11 / 08:33
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Redmi A4 5G with Snapdragon 4 Gen 2 launched in India: Know what it has to offer
Also read: iPhone 17 performance to get a BIG boost- Details of what Apple is planning nextThe Redmi A4 5G features a 6.88-inch HD+ LCD display with a 120Hz refresh rate and up to 600 nits peak brightness. The smartphone is powered by the new Snapdragon 4 Gen 2 chipset paired with 4GB LPDDR4X RAM and up to 128GB UFS 2.2 storage. It also provided an expanded storage of 1TB with a MicroSD card.
20.11 / 08:33
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Features
Amazon Limited Time Deals on Asus laptops: More than 40% off on top picks | Deal Expires Soon
Best laptops in 2024: Top 7 options from popular brands for robust performance and build qualityThe ASUS Vivobook 14 is a sleek, lightweight laptop designed for everyday use and multitasking. It features a 12th Gen Intel Core i3-1215U processor, 8GB RAM, and a 512GB SSD for fast performance.
20.11 / 08:33
Progressive
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Another pay commission? The government should hold its horses
Subscribe to enjoy similar stories. Recently, there have been news reports in India hinting at the possibility of a new Pay Commission. The basis of these stories is a memorandum submitted by the staff side of the National Council of the Joint Consultative Machinery to the new cabinet secretary and finance secretary, requesting the prompt establishment of the 8th Pay Commission, the rationale for this demand being that it has been 10 years since the last one.
20.11 / 08:33
Photography
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Best Sony cameras: Check out these top 6 high-performance choices for vlogging and photography
Reasons to buyReasons to avoidAlso read: Best cameras for beginners in 2024: Top 8 user-friendly and affordable options for novice photographersThe Sony ZV-E10L is a versatile camera that's perfect for capturing high-quality photos and videos. With its Bluetooth connectivity and SRS-XB100 autofocus, this camera is great for both beginner and professional photographers.
20.11 / 08:33
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Planning to retire with an equity-heavy portfolio? History warns against it.
Subscribe to enjoy similar stories. The past few weeks have been tough for the Indian markets. While a 10% fall in indices isn’t unusual, the frequency of such falls has fallen significantly since the pandemic and as a result, new investors are learning lessons that old timers have known for years.
20.11 / 07:47
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Progressive
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International
UNSC stuck in 1945, neighbors' fear blocking global security council's expansion, says India
United Nations Security Council (UNSC), emphasising the Council’s outdated structure, which no longer reflects modern global realities. Speaking at Columbia University's School of International and Public Affairs, India’s Permanent Representative to the UN, Ambassador Parvathaneni Harish, stated, «The Security Council structure, as it stands today, is a reflection of 1945. It does not reflect today's realities.» Harish, delivering a keynote address titled Responding to Key Global Challenges: The India Way, underscored that the current framework hinders the UNSC’s ability to tackle pressing issues effectively.
20.11 / 07:47
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U.S. Embassy in Kyiv shuts operations amidst air attack threat, a day after Ukraine strikes Russia with American missiles
U.S. Department of State's Bureau of Consular Affairs. The closure comes as a precautionary measure, with embassy staff instructed to shelter in place. «Out of an abundance of caution, the embassy will be closed, and embassy employees are being instructed to shelter in place,» the department said.
20.11 / 07:47
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Software
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PAM
Videos
Meet the Acharya brothers; they helped enable DVDs, now they are turning cars into computers
Margi Systems, a US company founded by Shrinath and Shrikant Acharya. Margi created the first widely available Personal Computer Memory Card International Association (PCMCIA) card that enabled full DVD playback on laptops. It is a standard for peripheral cards used in laptops. Users could connect this hardware, plug in a DVD and enjoy movies on their laptops with a Margi card. This was a disruption in the 1990s.
20.11 / 07:47
20.11 / 07:47
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FBI now issues wanted posters of Pannun murder plot accused Vikas Yadav in Punjbabi, Hindi
Khalistani terrorist Gurpatwant Singh Pannun, was already listed under the «wanted» section on the FBI website in English. However, Indian authorities clarified that Yadav is not absconding—he was jailed for alleged robbery and is currently out on bail. The FBI's intensified interest in Yadav comes amidst rumors circulated by Pannun’s organization, Sikhs for Justice (SFJ), suggesting Yadav may be in Haryana or Punjab. Yadav is facing charges in a New York court for his alleged role in the Pannun murder-for-hire plot. The FBI has already arrested Nikhil Gupta, an Indian-origin man accused of working with an undercover officer and a DEA informant to orchestrate the killing.
20.11 / 07:35
markets
Analysis
trends
Trade
show
performer
ETMarkets Smart Talk: Domestic investors driving India's market stability amid Rs 1.3 lakh crore FII sell-off
SIP contributions reaching a record Rs 25,000 crore. There is a growing influence of domestic investors in our market,” says Manish Jain, Managing Director, Bajaj Broking. In an interview with ETMarkets, Jain said: “With India's economic growth remaining robust at around 7% annually, this pullback presents an opportunity for investors to strengthen their portfolios.” Edited excerpts:
20.11 / 07:35
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Strategy
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country
electronic
Acer opens flagship retail store in Ahmedabad
The company will also be opening a second such flagship store in Bengaluru later this week, with plans to open 25 more such stores across the country by next year, chief business officer Sudhir Goel told ET. Goel said Acer is the first IT hardware company to open a store encompassing products across both IT and non-IT categories. “Let’s say when a family walks into the store for an experience of IT products, they can also see the variety of consumer electronics which are in high demand. That’s the concept behind the store in Ahmedabad. We will be opening a second one in Bengaluru on Friday,” Goel said.
20.11 / 07:35
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India's Q2 economic growth likely took a hit from heavy rains and corporate struggles: ICRA
ICRA. This moderation is attributed to challenges such as heavy monsoon rains and weaker corporate margins, which offset the positive effects of increased government capital expenditure and a strong kharif sowing season. Gross Value Added (GVA) is also expected to see a marginal dip, with growth estimated at 6.6% in Q2 FY2025, compared with 6.8% in Q1 FY2025. “Q2 FY2025 saw tailwinds in terms of a pick-up in capex after the Parliamentary Elections as well as healthy expansion in sowing of major kharif crops. However, sectors faced headwinds due to heavy rainfall and weak margins. We project a slight dip in India’s GVA and GDP growth in Q2 FY2025 to 6.6% and 6.5%, respectively,” Aditi Nayar, Chief Economist at ICRA, write in a note. Government capital expenditure showed a promising recovery in Q2 FY2025, rising by 10.3% YoY to ₹2.3 trillion, reversing the sharp 35% contraction witnessed in Q1 FY2025. This rebound was led by key infrastructure-focused ministries such as the Ministry of Road Transport and Highways and the Ministry of Railways, which posted growth rates of 41.7% and 8.0%, respectively. However, the pace of state government spending remained muted, with the combined capital outlay and net lending of 22 states increasing by only 2.1% YoY in the quarter.
20.11 / 07:35
markets
Strategy
Experts
rapper
shock
Sean Diddy in hot water again: What are the new shocking allegations against US rapper? All you need to know
The anonymous plantiff said he attended the party with friends and consumed alcohol that had been provided to him by other individuals at the party, the lawsuit claimed. He now lives in Georgia. ALSO READ: Sean 'Diddy' Combs-Jennifer Lopez love story: The reason why the two never tied knot will shock you
20.11 / 07:35
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Fighting
Strategy
Election
Bitcoin
voice
reports
Bitcoin misappropriation: Will fight BJP's allegations legally, says Congress leader Nana Patole
Maharashtra Congress chief Nana Patole on Wednesday slammed the BJP for dragging him in its allegations of Bitcoins misappropriation to influence the state polls and said he would take the legal route to fight the «fake» charges against him. Talking to reporters after casting his vote in Bhandara district, Patole said he is a farmer and has nothing to do with Bitcoins. The BJP on Tuesday played purported voice notes of Patole and NCP (SP) leader Supriya Sule to allege attempts to encash Bitcoins to influence the state assembly elections, claiming it poses a serious question on the conduct of polls in a free and fair manner. Sharing the audios in which the voices and signal chats purportedly belonging to the two opposition leaders stress the Bitcoin transactions for allegedly funding their poll campaign, BJP spokesperson Sudhanshu Trivedi said it is clear that the MVA has seen the writing on the wall that it is facing defeat in the polls.
20.11 / 07:35
markets
Strategy
Food
Experts
RAI
reports
Schools
Zomato leads food delivery with 58% market share in Q1, Blinkit tops quick commerce: Motilal Oswal
Zomato is leading India's food delivery space with a market share of 58% in the first quarter of FY25, according to a report by Motilal Oswal. Recently-listed rival Swiggy lags with a 42% share. In the rapidly growing quick commerce space, Zomato-owned Blinkit commands a 46% market share, followed by Zepto at 29% and Swiggy Instamart at 25%, in Q1FY25. «Zomato has continued to gain market share from Swiggy from FY22 to 1QFY25, aided by its stronger execution. According to reported gross order value (GOV), Zomato’s market share grew from 54% in FY22 to 58% in 1QFY25,» the report said.
20.11 / 07:35
markets
Provident
Strategy
Software
Experts
stage
reports
Indian knowledge workers advanced users of AI, outpacing global counterparts: Survey
The ‘AI Collaboration Index’ report by Atlassian – a team collaboration and productivity software company – surveyed 5,000 knowledge workers across India, the US, Australia, Germany, and France. It outlines four stages of AI collaboration – from basic adoption as a simple tool (stage 1) to advanced usage as a strategic partner and decision-making advisor (stage 4). Even at the earliest stages of AI adoption, Indian knowledge workers are experiencing significant productivity gains. In India, those using AI as a simple tool (stage 1) report saving an average of 104 minutes per day, compared to the global average of around 45 minutes. This jumps to a whopping 127 minutes per day for strategic AI collaborators (stage 4), equivalent to more than an extra workday each week.
20.11 / 07:35
markets
Target
Strategy
Election
Bitcoin
voice
Maharashtra Bitcoin row: BJP targets Supriya Sule, Nana Patole
Supriya Sule and Nana Patole for their alleged involvement in using Bitcoins illegally to fund elections, and claimed their roles will surface during the probe. BJP spokesperson Sambit Patra also targeted Congress leaders Sonia Gandhi and Rahul Gandhi, and asked the Leader of Opposition in the Lok Sabha to hold a press conference on the issue. In a press conference, Patra rejected the opposition's claim that the BJP was behind the «conspiracy» to target them amid the Maharashtra polls as he claimed that the suspected crypto currency fraud occurred years back and the opposition alliance used the money in previous elections as well. It appears that the money involved so far in this scam is Rs 235 crore, he claimed.
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