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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
Blockchain
MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
Blockchain
Ethereum
What lies ahead for Altcoins: Looking at the future of diversified portfolios
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20.11 / 04:19
markets
Digital
Experts
RAI
PAM
Schools
Delhi pollution: 50 per cent staff of govt offices to work from home, announces Minister Gopal Rai
Residents in India's northern states woke up to another day of poor air quality on Wednesday, as a layer of dense fog shrouded most of the region, and pollution in the capital Delhi remained severe. India battles air pollution every winter as cold, heavy air traps dust, emissions, and smoke from farm fires started illegally in the adjoining, farming states of Punjab and Haryana.
20.11 / 04:19
markets
Digital
security
Strategy
WhatsApp
PAM
cricket
‘Democracy can wait, waist cannot’: Harsh Goenka criticises Mumbai's non-voting Gucci crowd
RPG Group Chairman Harsh Goenka sparked widespread debate on the issue by criticising Mumbai’s elite, accusing them of valuing luxury over their democratic duty. His remarks, shared on X (formerly Twitter), highlighted the disconnect between privilege and participation.
20.11 / 04:19
markets
UPS
Target
security
Strategy
Trade
reports
Add Grasim Industries, target price Rs 2,731: ICICI Securities
Grasim Industries with a target price of Rs 2731. The current market price of Grasim is Rs 2519.25. Grasim Industries, incorporated in 1947, is a Large Cap company with a market cap of Rs 172635.15 crore, operating in a Diversified sector. Grasim Industries' key products/revenue segments include Cement, Other Operating Revenue, Scrap, Export Incentives and Sale of services for the year ending 31-Mar-2024.
20.11 / 04:19
markets
Digital
economy
President
Experts
PAM
country
PM Narendra Modi lands in Guyana, received by President Irfaan Ali
Guyana, the first Indian PM to visit the country in 56 years. In an unprecedented gesture, he was received at the airport by President of Guyana, Mohamed Irfaan Ali, and over a dozen cabinet ministers. On PM's arrival, the President of Guyana shared a hug and exchanged pleasantries.
20.11 / 04:19
markets
COST
UPS
Analysis
wellness
trends
Trade
Indrajit Agarwal explains why larger cement players will continue to gain market share
Indrajit Agarwal, Senior Research Analyst, CLSA, says there are three or four levers of cost savings. One is higher renewable power usage, second is lower lead distances, third is improving the mix of cement, etc. All those things will lead to profitability improvement. In an environment where the top few players are focusing on both cost savings and market share gain, pricing would be very difficult to come by and that is where larger cement players with better volume growth visibility and cost saving outlook are likely to fare much better than the smaller or regional players. What have been your key takeaways for materials as a sector? Indrajit Agarwal: If you look at the sector, what has happened in the past few years and also year to date, we have been in the midst of a structural upcycle driven by all the levers, be it infrastructure, housing, property market, whatever you call it. However, the last six months effectively has been a perfect storm. We have had a confluence of three events which has led to a significant weakness in the demand environment.
20.11 / 04:19
markets
Digital
Trade
President
Experts
Bitcoin
Department
Howard Lutnick: Trump's choice for commerce secretary is a Musk pick, avid crypto fan and big tariff backer
Donald Trump has chosen Howard Lutnick to be the next Commerce Secretary. Lutnick heads the brokerage and investment bank Cantor Fitzgerald. The Commerce Department oversees a variety of areas including computer chip factory funding, trade restrictions, economic data, and weather monitoring. The position also requires strong ties to business leaders. Lutnick served as co-chair of Trump's transition team alongside Linda McMahon. He also appeared on Trump's show «The Apprentice.»
20.11 / 04:19
markets
Digital
security
Election
Experts
Department
"BJP-NDA alliance will secure over 51 seats, form govt": Jharkhand BJP chief Babulal Marandi
Babulal Marandi exuded confidence saying that the BJP-NDA alliance will secure more than 51 seats in the polls and form the government as the people were discontented with the ruling Hemant Soren led-JMM party in the state. Speaking to ANI, Babulal Marandi said, «Today voting will take place for the second phase of the Jharkhand Assembly elections. The mood of the people in Jharkhand is to change Hemant Soren led-JMM government as they have suffered under their rule in these past 5 years. People will vote for a change.» The State BJP Chief further said that the Income Tax department recently conducted raids at several locations linked to the Chief Minister's personal assistant, alleging that such actions are only possible due to involvement with black money.
20.11 / 04:03
20.11 / 03:33
WhatsApp
show
performer
reports
NPA provisioning moderates in Q2 driven by PSU banks
bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector banks (PSBs). For a sample of 29 publicly listed banks, provisioning for nonperforming assets (NPA) fell by 2.9% to ₹27,318.2 crore. For PSBs, it fell by 11.6% to ₹14,628.3 crore with half of them reporting a year-on-year drop in loan loss provisioning. PSBs, including Punjab National Bank, Central Bank of India and Indian Overseas Bank, recorded a 82-93% fall in the NPA provisioning. On the other hand, private sector banks showed 12.5% increase in NPA provisioning for the quarter to ₹12,690 crore, led by select banks including ICICI Bank, Axis bank, Kotak Bank, IDBI Bank and Federal bank. Three out of every four private sector banks reported a year-on-year increase in their NPA provisioning. As a result, their share in the quarterly NPA provisioning increased to 46.5% from 41.2% a year ago and 42.1% in the previous quarter.
20.11 / 03:33
markets
COST
Platform
pandemic
PAM
Ecommerce logistics startup Locad raises $9 million in new funding
Ecommerce logistics startup Locad said on Wednesday it has raised $9 million as it aims to expand in Saudi Arabia and the United Arab Emirates in the fourth quarter. While the company did not disclose the valuation at which the fundraising was made, a source familiar with the matter said it was around $60 million. The pre-series B funding round was co-led by Global Ventures and existing investor Reefknot Investments. Sumitomo Equity Ventures and other existing investors such as Antler Elevate, Febe Ventures and JG Summit also participated.
20.11 / 03:33
security
Southern
Experts
War
Freedom
US envoy: End to Israel-Hezbollah war 'within our grasp'
Hezbollah and that gaps were narrowing, signalling progress in Washington's efforts to clinch a ceasefire. White House envoy Amos Hochstein spoke in Beirut following talks with Parliament Speaker Nabih Berri, a day after the Lebanese government and Iran-backed Hezbollah agreed to a U.S. ceasefire proposal, albeit with some comments on the content. «I came back because we have a real opportunity to bring this conflict to an end,» Hochstein said at a press conference after the meeting. «It is now within our grasp. As the window is now, I hope the coming days yield a resolute decision.»
20.11 / 03:33
markets
IPO
ETF
security
Strategy
PAM
Schools
How should investors evaluate an NFO?
mutual fund industry assets, a growing number of investors and the entry of new fund houses have led to several new fund offers (NFOs). Existing fund houses launch new products in categories where they do not have a presence while new ones are keen to enhance their product in themes that they currently find attractive.
20.11 / 03:33
markets
UPS
Target
security
Analysis
Trade
reports
Buy Ashoka Buildcon, target price Rs 302: HDFC Securities
HDFC Securities has a buy call on Ashoka Buildcon with a target price of Rs 302. The current market price of Ashoka Buildcon is Rs 237.85. Ashoka Buildcon, incorporated in 1993, is a Mid Cap company with a market cap of Rs 6663.25 crore, operating in the infrastructure sector. Ashoka Buildcon's key products/revenue segments include Income From Construction Work, Ready Mix Concrete, Other Operating Revenue, Scrap and Land for the year ending 31-Mar-2023.
20.11 / 03:33
Career
Entertainment
students
Experts
Department
Schools
wrestling
Meet Linda McMahon: How WWE co-founder became Donald Trump’s education secretary pick
Donald Trump has chosen Linda McMahon to lead the U.S. Department of Education. McMahon, who previously served as the head of the Small Business Administration under Trump’s first term, has long been a staunch supporter of the former president’s policies. Her appointment is part of Trump’s broader initiative to shift federal responsibilities for education to state governments. Trump described McMahon as a «fierce advocate for Parents' Rights» and pledged, «We will send Education BACK TO THE STATES, and Linda will spearhead that effort.» This echoes his longstanding plan to decentralise control over education, moving away from federal oversight. Also Read: Donald Trump taps former wrestling executive Linda McMahon as education secretary
20.11 / 03:33
markets
Digital
security
Election
RAI
PAM
peace
Maharashtra, Jharkhand Elections: Defence Minister Rajnath Singh urges voters to participate in large numbers
Defence Minister Rajnath Singh on Wednesday urged the voters of Maharashtra and Jharkhand to cast their votes in their respective state assembly elections. In a post on X, Rajanath Singh appealed to the first-time voters of the state to exercise their franchise. «I call upon my sisters and brothers of Maharashtra to vote in large numbers and strengthen the festival of democracy. I particularly urge young and first-time voters to exercise their franchise,» he said in a post on X.
20.11 / 03:33
UPS
stars
testing
Features
International
cricket
"That's what superstars generate, create all over the world...": Ponting on media hype about Virat in Australia
Ricky Ponting pointed out that star India batter Virat Kohli is popular in Australia because of his passionate and aggressive approach to the game, especially to its longest format. After a disastrous home season with the bat against Bangladesh and New Zealand and underwhelming Test numbers over the years, which includes just two centuries, Virat would be making his fifth and one of his toughest tours to Australia. All the speculation around Virat's form, future in Test cricket and lack of centuries have not affected his hype in Australia as newspapers feature posters and attractive images/slogans highlighting the larger-than-life status the batter enjoys in Australia. Ponting spoke with host Sanjana Ganesan on the most recent episode of The ICC Review and the Australian legend spoke glowingly of the former India captain ahead of the upcoming battle for the Border-Gavaskar Trophy Down Under.
20.11 / 03:33
UPS
Gap
Instagram
composer
social
shock
AR Rahman opens up about divorce shock, hoped for a 'grand 30' as his children react
Oscar-winning composer A.R. Rahman and his wife, Saira Banu, had decided to end their nearly three-decade-long marriage. Rahman confirmed the separation in a post on his social media platform X (formerly Twitter), where he reflected on their journey and the unforeseen challenges that led to their decision. AR Rahman expressed that while they had envisioned celebrating their 30th wedding anniversary, circumstances had taken a different course. The tweet read, “We had hoped to reach the grand thirty, but all things, it seems, carry an unseen end. Even the throne of God might tremble at the weight of broken hearts. Yet, in this shattering, we seek meaning, though the pieces may not find their place again. To our friends, thank you for your kindness and for respecting our privacy as we walk through this fragile chapter.”
20.11 / 03:33
Death
Experts
Justice
country
Courts
Vaccines
After alleged deaths due to Covid vaccine, parents seek fast-track and vaccine courts for justice
The parents sought fast track courts and vaccine courts to provide swift justice to those injured by vaccines and their families. According to them the current system of computing adverse events following immunisation is «flawed.» «We need a total revamp of this and need an active, transparent and accountable AEFI system,» said Venugopalan Govindan from Tamil Nadu, who lost his daughter after getting the shot.
20.11 / 03:27
Food
Death
country
outbreak
reports
prevention
Investigations
Canada echoes U.S. warning over carrots in deadly E. coli outbreak
The Canadian Food Inspection Agency (CFIA) has recalled E. coli-tainted carrots following a U.S. health warning about the contaminated produce linked to one death and dozens of illnesses.
20.11 / 02:11
Fighting
Election
reports
Updates
Jharkhand Election results 2024 live updates: Preparations in full swing, polling starts in 12 districts
Jharkhand Election results 2024 live updates: Voters in Jharkhand have their 2024 assembly elections today, on November 20. A total of 528 candidates are contesting for the 38 seats in this phase, including 55 women, one third-gender candidate, and 472 male candidates.Polling is set to begin at 7 am and will conclude at 5 pm, except at sensitive polling stations where voting will end at 4 pm.
20.11 / 02:11
President
War
reports
Mint Quick Edit Don’t let the Russia-Ukraine conflict escalate further
Subscribe to enjoy similar stories. Russian President Vladimir Putin on Tuesday modified his country’s nuclear doctrine to broaden the circumstances in which the Kremlin could use nuclear weapons. As reported, the changes sanction their use when it’s under a coordinated attack, which includes a non-nuclear state attacking it with the backing of a nuclear state.
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