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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 / 05:55
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Regional imbalances in Bengal led to disconnect between govt and people: Governor Bose
West Bengal Governor CV Ananda Bose drew upon his grassroots experiences to highlight «regional imbalances» between the state's northern and southern districts and claimed that lack of prosperity in the former region has led to a «disconnect» between the state government and its people. Speaking exclusively to PTI about various issues, Bose refrained from evaluating his constitutional colleague, Mamata Banerjee, but made it clear that he was «more concerned» about her performance as Chief Minister than as a politician. Expressing satisfaction with his tenure in office so far, Bose said, «These two years have taught me many positive things. It is a very refined state, which gives a lot of emphasis on art and culture.»
20.11 / 05:55
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Competency-based hiring could reduce ‘paper ceiling’ for leadership roles
A Boston Consulting Group report — Competence over Credentials: The Rise of Skills-Based Hiring — says that focus on traditional hiring parameters create a “paper ceiling” (professional barriers for those without a formal degree) and does not give much value to skills. With the advent of more fast-paced technology, the report argues, skills trumps degrees in many cases; it also has additional benefits such as creating a more diverse workforce and ensuring higher retention rate. What does this mean for hiring for leadership roles? Competency mapping is a crucial process for organisations. But it becomes especially important when filling leadership positions, says Radhika Vivek, Senior Partner, TRANSEARCH India. These roles significantly impact a company's success, and a poor hire can have detrimental consequences.
20.11 / 05:55
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India uniquely positioned to capture 35-50% of global CIH market: BCG
innovation hubs (CIHs) have an expanded portfolio of services today and India has an opportunity to capture a big share of this market, says Boston Consulting Group. CIHs are centres that provide access to high quality talent and advanced technology to help businesses grow by playing a prominent leadership role in formulating and driving business priorities across the enterprise. In its latest white paper, BCG says CIHs’ portfolio today includes front-end customer facing business operations and capabilities in emerging technology. Sreyssha George, Managing Director & Partner at BCG, says that global CIH spend is currently estimated at $265-290 billion and is expected to grow to $390-420 billion by 2027 (10% CAGR). “India is uniquely positioned to capture a 35-50% market, given its rich and scaled talent pool. Also, these hubs will bring significant innovation and talent upskilling to the Indian ecosystem,” she states.
20.11 / 05:51
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Bitcoin rises above $91,000 level; Dogecoin, Chainlink jumps up to 5%
Bitcoin (BTC) experienced a dip over the weekend, falling to $88,700. However, the cryptocurrency saw renewed buying interest on Tuesday, climbing back to $91,400. As of 11:05 am IST, Bitcoin had gained 0.8%, trading at $91,454, while Ethereum rose 0.38% to $3,126 over the past 24 hours.
20.11 / 05:47
UPS
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U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan says
An «industrial renaissance» in the U.S. is fueling demand for capital, Marc Rowan, CEO of Apollo Global Management said at the Global Financial Leaders' Investment Summit in Hong Kong.
20.11 / 05:11
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Godrej buys 53-acre land in Kolkata to develop Rs 500 crore residential project
Godrej Properties Ltd has acquired 53-acre land in Kolkata to build a residential plotted development project that will have revenue potential of around Rs 500 crore. Godrej Properties is one of India's leading real estate firms. In a regulatory filing on Wednesday, the company informed that it has acquired about 53-acre land parcel in Joka, Kolkata. «The proposed project is estimated to have a development potential of 1.3 million square feet of saleable area comprising primarily residential plotted development with an estimated revenue potential of Rs 500 crore,» Godrej Properties said.
20.11 / 05:11
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Sustainability
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Sustainability and technology is the future of supply chain: ProcMart’s Anish Popli
ProcMart, an online B2B e-commerce marketplace, is expanding into biofuels and sustainable packaging. Anish Popli, Founder and CEO of ProcMart, said that 90% of the company’s clients are Fortune 500 companies. “These clients put a lot of weightage on sustainability. Their procurement managers come to us looking for a sustainable supply chain. After discussions with them, we have realised we can help these large organisations in biofuels and packaging,” he said. Sustainable packaging is one way to reduce carbon emissions, and ProcMart can contribute to this as it is also into packing and shipping items. ProcMart, being a marketplace for commodities, has added biofuel in its products. It has started procuring biofuels for clients. Popli says more clients are asking for biofuels.
20.11 / 05:11
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Delhi Pollution: Coal plants' target miss to add to the deadly smog
About three-quarters of the coal-fired generators near major cities are set to miss a year-end deadline to install equipment to curb sulfur-dioxide emissions, according to people familiar with the matter, who asked not to be identified as the information isn’t public. If fully implemented, such systems could cut India’s emissions of the pollutant by almost two-thirds, benefiting air quality and public health, according to the Centre for Research on Energy and Clean Air. Sulfur dioxide breaks down into sulfates, which can account for almost a third of the particulate mass that forms India’s smog, according to Manoj Kumar, an analyst at the Finland-based research group.
20.11 / 05:11
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Worsening air pollution cripples Delhi markets, footfall drops sharply
Sadar Bazar Trades Association, said that there is a 15 percent decline in footfall in the Sadar market compared to usual days. «There's a noticeable decrease in the number of people visiting Sadar Bazar, especially customers from other states who typically come for wholesale shopping. Many are now placing orders online instead of travelling here due to the severe air pollution,» Yadav said. Similarly, Sanjeev Mehra, president of the Khan Market Traders Association, said that there has been a sharp drop of 60 percent in footfall since the implementation of Stage IV of the Graded Response Action Plan (GRAP).
20.11 / 05:11
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Maharashtra Assembly Election: You can still vote with these documents even without voter ID
A total of 4,136 candidates are contesting for the 288 seats, of which 234 are in the general category, 29 are reserved for Scheduled Castes (SC), and 25 are reserved for Scheduled Tribes (ST).
20.11 / 05:11
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China funds cut ETF fees, escalating price war in booming market
exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the rapidly expanding $400 billion sector of the market. The move to cut management and custodian fees came a day after Wu Qing, China's chief securities regulator, pledged to encourage index investment and fund industry fee reform.
20.11 / 05:11
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Border-Gavaskar Trophy: Will struggling Marnus Labuschagne re-discover his mojo at Perth?
Australia prepares to take on India during the first Test of the Border-Gavaskar Trophy series at Perth's Optus Stadium, a batter extremely crucial in deciding the match would be the Aussie number three Marnus Labuschagne, currently ranked at number 10 in Test rankings and considered as the glue of the batting line-up along with Steve Smith, keeping an attacking, high on intensity unit together. The 30-year-old Labuschagne has not been in the best of form as of late. Since his side's ICC World Test Championship win in 2023 against India in July, Marnus has gone on to display an average run of form during the next WTC cycle, having made just 653 runs in 12 matches, averaging a sub-par 29.68, with a century and five fifties in 24 innings, with best score of 111. His century came against arch-rivals England during the Ashes at Manchester in July, more than an year ago.
20.11 / 05:11
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Not healthy for our democracy: Amit Deshmukh responds to allegations against Vinod Tawde in cash-for-votes row
Congress candidate from Latur City, Amit Deshmukh, on Wednesday after casting his vote expressed concerns over the recent allegations involving BJP leader Vinod Tawde's involvement in alleged cash distribution ahead of the assembly elections. Deshmukh stated, «I don't think that the allegations are baseless. You all have seen what happened, but it seems like no action is being taken. It appears that the matter is being swept under the carpet, but this is not good for democracy. This is not healthy for our electoral system or our democracy.» Deshmukh, however, remained optimistic about the election results. He said, «I believe that when the results come, the Maha Vikas Aghadi will have the support of more than 200 MLAs.» According to Deshmukh, the final seat distribution and decisions on the next steps will only be made after the results are declared.
20.11 / 05:11
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Robots struggle to match warehouse workers on 'Really Hard' jobs
Amazon warehouse near Nashville, Tennessee, a robotic arm named Cardinal on a recent day stacked packages, Tetris-style, into 6 1/2-foot-high carts. Then Proteus, an autonomous platform, moved the carts to the loading bay, flashing electronic eyes designed to make the robot more appealing to human colleagues. As robots become more capable, they are performing an increasing number of tasks in warehouses and delivery centers with varying degrees of aptitude and speed. Machines can load and unload trucks. They can place goods on pallets and take them off. Robots can shift items around in inventory, pick up packages and move goods on warehouse floors. And they can do all this without a human minder guiding their every move. Yet, even though robots are starting to take over some repetitive and cumbersome jobs, there are still many tasks they are not good at, making it difficult to know when or if robots will be able to fully automate this industry.
20.11 / 05:11
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Dollar sags to one-week low after safety bid, 'Trump trade' momentum wanes
U.S. dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a three-day decline from a one-week peak as the market catches its breath following the frantic rally in the wake of Donald Trump's election. A boost to the dollar and other traditional safe-haven currencies like the yen overnight proved short-lived, after Russia's foreign minister said the country will «do everything possible» to avoid the onset of nuclear war, hours after Moscow announced it would lower its threshold for a nuclear strike.
20.11 / 04:53
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North Korea sent a mystery man to lead its troops fighting Ukraine
Subscribe to enjoy similar stories. SEOUL—In a country that fetes its military elites like celebrities, Col. Gen.
20.11 / 04:53
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Best Geysers for bathrooms in India: Top 5 picks with advanced technology for reliable hot water supply
Reasons to buyReasons to avoidAlso read: Crompton vs Havells water heater: Choose the best option offering quick and efficient heatingThe Crompton Gracee Instant Water Heater is a stylish and efficient geyser that provides instant hot water whenever you need it. Its compact design makes it perfect for small bathrooms, while its advanced safety features ensure peace of mind.
20.11 / 04:53
20.11 / 04:19
Remark
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Relationships
AR Rahman divorce: Just one year ago, he had defended wife Saira Banu; fans wonder what went wrong
AR Rahman is loved and respected not just in the country, but globally as well. Recently, the musical maestro grabbed the spotlight due to his divorce from his wife, Saira Banu. This announcement has left the industry shocked and his fans heartbroken. Amid this, a past incident where he defended his wife on social media has resurfaced on the internet and has everyone’s attention. The announcement of AR Rahman and Saira Banu’s separation after nearly three decades of marriage has stunned fans and the industry alike. This development has also revived memories of an incident from 2023, where AR Rahman stood firmly by his wife, defending her against remarks made by actress Kasturi Shankar. During the 2023 Vikatan Awards, actress Kasturi Shankar shared a video from the event and raised questions about Saira Banu’s fluency in Tamil. She publicly asked why Saira wasn’t fluent in the language, what her mother tongue was, and what language they spoke at home. These comments sparked a backlash, with many fans criticizing the actress for making intrusive and unwarranted remarks about Rahman’s personal life.
20.11 / 04:19
Platform
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'It's Supriya's voice", says Ajit Pawar; "Jhoot Hai," says Sule; NCP factions clash on Bitcoin Cash for votes claim
Supriya Sule and Congress' Nana Patole had used Bitcoin scam tainted cash to fund polls has blown out into an all-out political war on polling day. Supriya Sule on Wednesday refuted all allegation levelled against her saying all the allegations are completely false. Speaking to ANI, Sule said, «I have filed a defamation case and a criminal case. I am ready to answer his (Sudhanshu Trivedi) 5 questions wherever he wants. Time of his choice, place of his choice and platform of his choice. I am ready to answer him because all the allegations are completely false. All lies»
20.11 / 04:19
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Best value funds to invest in November 2024
Indian stock market for the last one year or so. The mutual funds that have been following the value investing strategy have offered handsome returns in the last year. However, fund houses that had been following the growth strategy have suffered. If you swear by value investing principles, you may invest in value funds to take care of your long term needs. If you are new to value investing, you should acquaint yourself with this style of investing and its merits and demerits. A value investor tries to choose stocks that are available at cheaper valuations. These investors employ various ratios and methodology to identify such stocks. Essentially, they look for stocks that are available at a discount to their real or intrinsic value. Simply put, it means the market hasn't discovered the true potential of these stocks and they are available at a discount. Also Read | Best focused mutual funds to invest in November 2024
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