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UPS Provident Digital Crypto Die-Hards Think They’ve Found the Next Bitcoin

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markets UPS Digital Crypto is now mainstream. Investors of all ages are diving in.

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markets UPS Booking Manu Joseph: Why we cannot be sure Bitcoin’s secret creator is actually Adam Back

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markets Blockchain MET Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value

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markets Digital ETF Why this is the coldest crypto winter yet

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markets Cooper Trade A Bitcoin blunder for the ages: $40 billion accidentally given away

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markets UPS Binance One generation runs the country. The next cashed in on crypto

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markets FIVE Digital A new crypto winter is here and even the biggest bulls are worried

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markets Blockchain UPS Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?

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markets Blockchain MET Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value

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Blockchain UPS Provident The great crypto reckoning: Wake up and get real about this class of pseudo assets

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Blockchain Ethereum Digital JPMorgan steps further into crypto with tokenized money fund

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markets Blockchain UPS Mint Explainer: Why the RBI is wary of stablecoins—Crypto’s measured wing

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markets Blockchain Ethereum What lies ahead for Altcoins: Looking at the future of diversified portfolios

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Blockchain security economy Zoho's Sridhar Vembu explains why Infosys co-founder Nandan Nilekani's plan to tokenise land is 'seductive, but...'

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markets Blockchain Ethereum Top low-cap altcoins with massive upside

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Martin Gruenberg

FDIC chair to quit after scathing report on toxic culture

The White House says FDIC chairman to step down following report on agency's toxic workplace culture

Narendra Modi

Centre set to expand electrification drive to PSUs, state govts in boost for electric carmakers

Marriott bets on outbound Indian travel surge, rewires loyalty into experiences

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Now it’s Vladimir Putin’s turn to visit Beijing

Russia’s war is going badly—on the ground and in the air

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17.11 / 19:47

Netflix awards Boxing audience social International Sporting 65 million viewers: Mike Tyson vs Jake Paul bout gives a KO punch

Netflix Inc's foray into live sports streaming with the boxing match between Mike Tyson and Jake Paul drew a massive global audience that peaked at 65 million viewers but resulted in thousands of complaints from viewers about connection problems and frozen screens. «We crashed the site,» said Paul after claiming victory over the 58-yr-old Tyson. «This is the biggest event.» In an internal company memo seen by Bloomberg News, chief technology officer Elizabeth Stone said the bout drew a maximum of 65 million viewers at any one time, rivaling some of the most-watched sporting events. Some of those viewers took to social media to vent their frustration over glitches in streaming the highly-anticipated showdown. More than 100,000 users reported network issues on the Downdetector website throughout the livestreaming, commenting on slow buffering and network issues. Netflix declined to comment on the outcome of the event. -Bloomberg

17.11 / 19:47

markets Digital Progressive Strategy Experts country After COP29 impasse, all eyes on Rio G20 meet

BAKU: As ministers take over at the climate talks in the Azerbaijani capital, all eyes are on Rio, where the leaders of the G20 are meeting. The first week of the UN climate summit closed with the scheduled assembly late on Saturday night that lasted a little over three hours, ending at around half hour past midnight. The divergences among countries on important issues, such as finance and the path forward on the outcomes of last year's global stock take, and the absence of trust became apparent as countries took the floor to air their views. On some issues such as loss and damage and adaptation, and mitigation work programme the absence of trust and compromise among countries was such that «Rule 16» was invoked. Rule 16 refers to a provision which is used when countries can't even agree to produce an outcome that puts on record the discussions and divergent views. As a result, countries will have to begin their discussions all over again when they meet in Bonn in the summer. The lack of trust most evident on the issue of how countries propose to address and implement the decisions on emission reduction and energy transition agreed to in Dubai and the lack of any real progress on making available climate finance to developing countries.

17.11 / 19:47

markets UPS Digital awards Experts International Adani Green Energy plans $2-b fundraise via International bonds, loans

Adani Green Energy, India's largest private sector renewable power company, is looking to raise around $2 billion in the next few months in multiple tranches through international bonds and loans, according to people close to the development. The company will hit the bond market in the next few days with a $600 million issue, the people said. It had called off a $1.2-billion bond issue last month as investors demanded a higher yield due to geo-political issues then. It had last time given a price guidance for a fixed coupon rate of 7% for the 20-year bond. The pricing this time around is likely to be much higher, the people said. Yield on the 10-year US Treasury has been moving up in recent weeks, hitting its highest level since May 31.

17.11 / 19:47

markets UPS Cooper Fighting President War North Korea may end up sending Putin 100,000 troops for his war

Russia’s war on Ukraine if the alliance between Pyongyang and Moscow continues to deepen, according to people familiar with assessments made by some Group of 20 nations. The analysis is one of several on the evolving partnership between Russian President Vladimir Putin and North Korean leader Kim Jong Un, said the people, speaking on condition of anonymity to talk about private discussions. They stressed that such a move wasn’t imminent and that military support at that scale — if it occurred — would likely happen in batches with troops rotating over time rather than in a single deployment. Ukraine’s ambassador to South Korea made a similar assessment earlier this month. Dmytro Ponomarenko said in an interview with VOA that Kyiv expected up to 15,000 North Korean troops deployed to fight in Russia’s Kursk region – and possibly in occupied areas of eastern Ukraine – to rotate every few months.

17.11 / 19:47

markets Digital President Experts War Inside President Biden for the first time OKs Ukraine's use of US-supplied long-range missiles in Russia

Joe Biden has for the first time authorized the use of U.S.-supplied long-range missiles by Ukraine to strike inside Russia, according to one U.S. official and three people familiar with the matter. The decision is a major U.S. policy shift and comes as Biden is about to leave office and incoming President-elect Donald Trump has said he would bring about a swift end to the war and has expressed skepticism over continued support by the United States. The weapons are likely to be used in response to North Korea's decision to send thousands of troops to Russia in support of Russian President Vladimir Putin's invasion of Ukraine, according to one of the people. The official and the people familiar with the matter were not authorized to discuss the decision publicly and spoke on condition of anonymity.

17.11 / 19:47

markets Aware Strategy Enterprise awards Experts show Piramal-Bain ARC venture calls it quits

Piramal Enterprises Ltd and Bain Capital Credit surrendered the licence for their asset reconstruction company (ARC), India Resurgence Asset Reconstruction Company, to the Reserve Bank of India, a development that shows growing challenges in the distressed assets market, said people aware of the development. Launched in 2018, the fund had invested in stressed assets using a mix of debt and equity. Regulatory hurdles, including restrictions on equity sales and difficulties in providing exits to equity investors, have now made the business of ARCs less attractive.

17.11 / 19:47

markets awards Intuit Colgate-Palmolive country reports Focus must be to move per capita consumption: Colgate India MD

Colgate-Palmolive India managing director Prabha Narasimhan said people are delaying purchases or extending consumption of daily household and personal products and with a large number of people making these small changes, it has led to a slowdown in the overall market. «Consumers tend to titrate or delay their usage of things, just quite intuitively when they feel the pressure. We have so much headroom to go in terms of moving per capita consumption, our focus really needs to be on that instead of worrying about the big macro indicators and what's happening outside our control,» Narasimhan told ET. «We are certainly seeing a little bit of headwind as far as urban growth is concerned and I do expect it to be temporary.» A report by NielsenIQ said urban demand increased 2.8% year-on-year in the July-September period, while rural demand grew more than twice as fast at 6%. Overall, the FMCG sector grew 5.7% by value and 4.1% by volume during the quarter. The company behind the eponymous toothpaste brand controls half the oral care segment in country and outpaced the market with 10% growth during quarter ended September.

17.11 / 19:47

markets Fighting security Boxing students Universities reports Sydney Thomas: All about the MVP Ring Girl who stole the spotlight in Mike Tyson vs Jake Paul fight

While Jake Paul claimed victory by decision after eight rounds, the night’s unexpected star was Sydney Thomas, a 20-year-old University of Alabama student who captivated the internet.

17.11 / 18:35

Provident Ball security performer Features cricket Sporting Best protective gears for cricket to stay safe and play strong

17.11 / 18:35

Election Opinion wellness Photos Justice performer Courts Third eye: J&K's new buzzword, goodbye my captain & thinking on her feet

Transaction of Business Rules, also known as 'TBR', is the buzzword these days in Jammu and Kashmir's secretariat and other government offices, as there is a lack of clarity on the powers of the elected government in the Union Territory, as well as confusion about the processes and prioritisation of file movement between the chief minister's office and the Lieutenant Governor's Raj Bhavan. Due to the lack of clarity on TBR, a large number of files continue to circulate in the workplace. And a slew of officials keeps using the term as if it were some big mystery, especially when they don't want to perform the work or be held accountable for any given file.

17.11 / 18:35

markets Digital Strategy President Experts PAM country Modi building wall between Gujarati and others: Uddhav

Uddhav Thackeray claimed that Prime Minister Narendra Modi and Home Minister Amit Shah are erecting a barrier between Gujarat and the rest of the country by prioritising Gujarat above other states. «I keep saying, I don't have any issues with Gujaratis or Gujaratis. Those Gujarati brothers and sisters who are watching this, you have been living for several years in Mumbai and Maharashtra. We have never fought. However, between you (Gujarati) and the rest of the country Modi and Shah are building a wall that you need to be careful about,» said Thackeray. The UBT Sena President was addressing a rally at the Bandra Kurla complex on Sunday. He added, «Modi and Shah may go but this wall that is being built would be worse than the German wall. It would take years to break this wall and till then there would be a lot of mayhem. Why are you doing this sin? If you take all our industries and business from here to Gujarat then what do the people in this state supposed to do,» questioned Uddhav Thackeray.

17.11 / 18:35

markets Target MET Digital Manufacturing Strategy reports Targets met, subsidy on electric cargo three wheelers to end

PM E-Drive incentive targets for this fiscal have been met within weeks of the scheme's launch. Electric two-wheeler (e2w) sales are also close to the scheme saturation goal of one million units for 2024-25, with eligible manufacturers already reporting sales of over 690,000 e2w, official data show. The Ministry of Heavy Industries (MHI) had announced plans to incentivise 80,546 large electric three-wheelers (e-3w of L5 category) under the scheme this financial year.

17.11 / 18:35

CEO WhatsApp peace Former Canadian PM slams culture of cultivating Khalistanis and Jihadists

Former Canadian PM Stephen Harper, under whose watch ties with India prospered, has lashed out against the practice of cultivating Khalistanis and Jihadists and suggested tougher immigration rules. Harper expressed his views at an event organised by the Abraham Global Peace Initiative (AGPI) in a conversation with AGPI founder and CEO Avi Benlolo. In a column in the Canadian daily National Post on Friday, Benlolo quoted Harper as saying, «We must stop cultivating Jihadists, antisemites, Khalistanis, Tamil Tigers, and other divisive groups. When it comes to our immigration system, we are going to have to ask ourselves some hard questions about how we screen people.» «We cannot start importing age-old hatreds onto our streets,» he said.

17.11 / 18:35

markets Digital Strategy Election Experts PAM Colleges Maharashtra polls: It's tight, but there's no rebel and I will win, says Prithviraj Chavan on Karad South seat

Karad South has only had three MLAs representing it — Yashwantrao Mohite from 1952 to 1980, Vilas Patil from 1980 to 2014 and from 2014 to 2019, former Maharashtra Chief Minister Prithviraj Chavan of the Congress. The constituency has been known as a Congress bastion for several decades which the BJP hopes to change this time. BJP's candidate is Atul Bhosle, who is not a novice in the constituency. Bhosle, whose family runs a sugar factory and a medical college, has contested twice against Chavan since 2014. While Bhosle lost both times, the BJP and Bhosle have been taking confidence from Chavan's declining winning margins and Bhosle's improved performance. In 2014, Chavan got 76,831 votes and won by just 16,000 votes, Bhosle came a distant third. The 2014 elections were interesting as Vilas Patil, the Congress sitting MLA, was denied a ticket in favour of Chavan. The latter contested as an independent and got 60,000 votes.

17.11 / 18:35

markets Digital Strategy Election Trade President The evolution of trade union politics in Dhanbad: From independence to present

The trade union politics has traversed the course of time. In several assembly seats in and around Dhanbad, the leading candidates are either running a trade union or are associated with one. Sitting BJP MP from Dhanbad Dhulu Mahto is the general secretary of United Coal Workers Union. Dhullu Mahto's brother Shatrughan Mahto is contesting from Baghmara. Shatrughan is the president of United Coal Workers Union. People in the area told ET on condition of anonymity that during the recent Lok Sabha polls, Dhulu Mahto mobilised support in his favour through his trade union networks in villages and parts of Dhanbad. Contesting against Shatrughan Mahto is Congress Jharkhand working president Jaleshwar Mahto who is associated with Colliery Shramik Union.

17.11 / 18:35

markets Digital security Mobile Sustainability Experts Schools No end, houses of 5 more MLAs set afire

On Sunday, protestors placed iron bars on the roads despite the curfew. On Saturday, a mob tried to barge into the ancestral residence of chief minister N Biren Singh at Luwangshangbam in Imphal East district. However, security forces managed to thwart their entry. Mobs have gone rampage after the recovery of the bodies of six missing women and children in violence-hit Jiribam district. A couple of bodies, which are not yet identified by the family members, are believed to be of the six women and children missing since November 11 in Jiribam district. Curfew has been imposed in several areas and internet ban has been extended to two more districts of Jiribam and Pherzawl. Temporary suspension of Internet and mobile data service in Imphal West, Imphal East, Thoubal, Kakching, Bishnupur, Kangpokpi and Churachandpur was clamped on Saturday for two days.

17.11 / 18:35

markets Target Digital awards Experts Department Schools Taxman recovers Rs 35,500 crore outstanding from April to September

Central Board of Direct Taxes (CBDT) has recovered ₹35,500 crore of outstanding dues for the April-September period of this financial year, ET has learnt. This includes ₹23,000 crore of corporate tax and ₹12,500 crore of personal income tax. Officials said the figure is going to rise further as the board has asked field formations to focus on recovery and set zone-wise recovery targets.

17.11 / 18:35

markets Digital Fighting Strategy Election Courts Maharashtra polls: Three leading candidates have Congress roots in Savner Assembly constituency

Savner Assembly constituency have one thing in common — their shared root in the Congress party — even as they are now fighting against each other as candidates of the Congress, BJP and as an Independent. Entrenched former Congress minister and four-term MLA Sunil Kedar this time is in the role of being the prime mover of the campaign of Congress candidate Anuja Kedar, his wife. His was not a voluntary retirement but a forced exit after his conviction and jailing in a cooperative bank scam case. «We are in the thick of elections. You can find out about the kind of work we have done here by talking to anybody in the constituency,» said an evasive Sunil Kedar. His local supporters insist his popularity has not waned even after his conviction. «Sunil Kedar has worked very hard for the development of Savner constituency. Even a child here knows that the case against him was framed, and the manner he was dragged to court and jail, were all part of political harassment and vendetta,» said Damasao Saoner, former Congress corporator of Savner Municipal Council.

17.11 / 17:29

markets Strategy economy country audience innovations peace India has embarked on new journey and goal is to build 'Viksit Bharat': PM Modi

Viksit Bharat' as he outlined his government's achievements during the last ten years. Addressing the Indian diaspora in the Nigerian capital, Modi also said that India has emerged as a new hope for the world, embodying growth, peace, prosperity, and democracy. Modi, who began his speech with «Sannu, Nigeria», which translates to «Hello», said this was his first visit to Nigeria as Prime Minister, but he did not come alone. «I have brought with me the fragrance of Indian soil and many good wishes for all of you on behalf of crores of Indians,» Modi said.

17.11 / 17:29

UPS Analysis Universities country reports strain Gujarat, Rajasthan to see up to 50 pc more rain, big deficit likely in Himalayas due to climate change

climate change, according to a new analysis. The report comes at a time when countries are debating ways, at the UN climate conference in Azerbaijan, to raise trillions of dollars to help developing nations reduce greenhouse-gas emissions and adapt to climate change. The southwest monsoon will see a shift from east to west, with the normally-drier western states experiencing higher precipitation, the analysis by the Azim Premji University said. It said the southwest monsoon will bring more rain to the normally-drier western states. However, the eastern states, such as parts of the northeast, may experience reduced rainfall. This shift will further strain agricultural systems in these regions.

17.11 / 17:29

markets Digital Manufacturing CEO Volkswagen Strategy country India is a “strategic market” for Volkswagen: Piyush Arora, MD & CEO, Skoda Auto Volkswagen India

Piyush Arora, Managing Director & CEO of Skoda Auto Volkswagen India told ET. Arora’s statements come amid media reports of a potential equity partnership between the Volkswagen Group with Mahindra & Mahindra (M&M). Several auto companies such as Ford, General Motors, MAN Trucks and two-wheelers such as UM Motorcycles, Harley Davidson have exited India, amid low volumes which made it difficult to sustain operations viably in the country. Ford, which only recently announced plans to restart manufacturing operations at its plant in Chennai for global markets, had pulled the plug on India ops after a possible joint venture with Mahindra fell through. Harley Davidson, meanwhile rebooted India ops through a sales, manufacturing tie-up with Hero MotoCorp.

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