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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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16.11 / 01:55
markets
Digital
security
reports
Interviews
Investigations
Senate should not confirm Tulsi Gabbard and Matt Gaetz until the FBI investigates them, says John Bolton
Tulsi Gabbard is being deemed as a 'threat to national security', according to former national security adviser, John Bolton, who has also warned about her deep ties with Russia, according to reports. Bolton is of the view that Gabbard or Matt Gaetz ought to have a confirmation hearing until they have both had full-field FBI investigations to skim through every single detail of their lives, so that any hint of scandal or threat to national security can be detected. According to Bolton, Americans may have 'lost their minds' when it comes to collecting national intelligence. after Gabbard was chosen as the director of national intelligence. Bolton also said that Gabbard and Gaetz are the two worst Cabinet appointments in recent history, according to The Hill's report. Bolton has even stated that until Trump had announced his own pick of Cabinet members, he was considering the current set of Cabinet members to be the worst of the entire lot across Presidential history under the Biden administration.
16.11 / 01:55
markets
Digital
CEO
Strategy
Election
stage
reports
Chicago Tribune, Oprah's hometown newspaper, blasts her for taking $1 million to share stage with Kamala Harris
Among the campaign expenses by Kamala Harris, there were two payments of $500,000 each to Harpo Productions, that was done on October 15, 2024, according to the Federal Election Commission filings. Winfrey is the chairwoman and CEO of that very company, according to the DailyMail UK. Therefore, it became quite clear that Winfrey had appeared on events in presence of Kamala Harris in exchange for money, and not just out of love and endorsement of the Democrat candidate. For Winfrey, it apparently was all business, and Harris also used up her war-chest to mislead the US voters, according to reports. However, these actions by Harris are the ones that landed her in millions of dollars in debt, something that has been take note of by US donors, who generously provided for the Democrat campaign, but it did not suffice due to overspending, and not staying within the campaign budget. This has led to the campaign staffers not receiving due money, which has taken the Harris team on the verge of bankruptcy, say reports.
16.11 / 01:55
markets
Digital
Experts
PAM
hospital
reports
Colleges
Jhansi Hospital Fire: At least 10 infants killed in Medical College Children's Ward
The fire started around 10:45 PM on Friday in the Neonatal Intensive Care Unit (NICU) of Maharani Laxmi Bai Medical College, media reports said. Officials believe an electrical short circuit may have caused the fire. District Magistrate (DM) Avinash Kumar told media, «Prima facie there is information of the death of 10 children.”
16.11 / 01:55
markets
Twitter
Digital
Strategy
Election
Exodus
social
Elon Musk-owned X, erstwhile Twitter, sees massive user exodus after takeover by the Tesla CEO
Donald Trump and Elon Musk were close to each other and both have together worked in tandem in order to win the US Presidential elections 2024. However, this is not just enough as Trump, in a 'rewarding sort of things', announced that Elon Musk would be heading the 'Department of Government Efficiency', an all-new federal wing under the White House that will be looking at cutting down federal government expenses and its way of tacking the multi-trillion dollar expense budget of the country. Meanwhile, amid all this social media users on X are questioning Donald Trump and Elon Musk's partnership, and looking at the times ahead, a massive exodus is ongoing where users and brands like The Guardian and Don Lemon are busy announcing their departures from Musk-led X. alternative text-based social media apps like Bluesky and Instagram’s Threads are also being seen as viable options to shift to at the moment for X users, and account numbers at X is taking a hit looking at these factors. For the record, Bluesky is currently the no. 1 free app on Apple’s App Store, directly ahead of Threads in terms of usage, according to an NBC News report. According to some social media users, using X during and after the election was a major pain, as it kept being an ardent Elon Musk-backer, and it was 'slowly becoming a place where they weren't really getting what they wanted out of it anymore.'
16.11 / 01:55
markets
Google
security
Strategy
Experts
country
Relationships
First Indian PM visit to West Africa in 17 years seeks to boost security, investment ties
Narendra Modi's historic visit to Nigeria from November 16-17 can open investment opportunities for Indian companies in the mining, infrastructure and defence sectors in the African nation. This would be the first visit by an Indian PM to resource-rich West Africa in 17 years. Modi’s visit will also seek to boost security, counter-terror, defence industry and energy partnership, ET has learnt. The previous visit by an Indian PM to Nigeria was by Manmohan Singh in Oct 2007. During that visit, both countries elevated the status of their bilateral relationship to a “Strategic Partnership’.
16.11 / 00:49
markets
Digital
Action
Analysis
Sustainability
Trade
show
Over 1,700 lobbyists for fossil fuels given access to COP29
fossil fuel lobbyists with 1,773 registered participants are only outnumbered by delegations of three countries — host Azerbaijan (2,229), COP30 host Brazil (1,914), and Turkiye (1,862). The list of lobbyists include 24 from India as well. Among Indians, mostly (17) came as a delegation from the Federation of Indian Chambers of Commerce and Industry (FICCI), three from CII and remaining four representing different NGOs. The list of Indians also shows the name of a senior functionary, Pravin Dongre (executive director) from public sector oil company, Indian Oil Corporation. The list, accessed by TOI, mentioned him as nominated by an NGO, Griha Council, as its guest. Dongre told TOI that he is here to promote global biofuel alliance. He, however, didn't have a clear answer as to why he was in the list of NGO's guest.
16.11 / 00:49
markets
Racing
Fighting
Election
reports
donates
Reports say explosive clashes taking place in Harris team, members angry over pervasive lack of transparency over finances and analytics
Harris' campaign broke records and shot through roofs for the speed in which they were able to garner over a billion dollars in donations to fund her Presidential run. Yet, even after more than a week that she conceded defeat to Donald Trump, her campaign is still asking for funds from commoners through text messages and emails. The messages are reportedly claiming that a number of key electoral fights are still in the process of counting, or are too close to call, for which they would require money. These messages might not stop soon, until all races are officially called.
16.11 / 00:49
markets
UPS
Digital
Gap
awards
show
IBC recovery on companies' fair values up, claims down
insolvency law improved sequentially in the September quarter. However, creditors still took larger haircuts as the recovery against their admitted claims moderated further. Recovery rose to nearly 97% of the fair value of companies derived after they were admitted for bankruptcy resolutions from just over 84% in the June quarter, beating the historical average of 86%. However, recovery against creditors' admitted claims eased to 28.33% from 31.12%, showed data from the Insolvency and Bankruptcy Board of India (IBBI). The substantial gap in recovery against fair value and creditors' claims suggests stressed firms had already lost much of their worth by the time creditors tapped the Insolvency and Bankruptcy Code (IBC), experts said. This disparity reflects the double whammy of late filing as well as admission of insolvency cases, said Manoj Kumar, head of insolvency resolution and M&A at consultancy firm Corporate Professionals Capital.
16.11 / 00:49
markets
security
Election
love
Experts
Interviews
Will Lara Trump replace Marco Rubio as Florida senator? She says she would love to serve the people of the sunshine state
While she is being encouraged for the job, sources say, Lara is yet to make a decision on whether to serve in a government role. If she contests, she will be on the path to join senator Rick Scott in the Capitol, where the Republicans have gained a majority. Scott is being endorsed by Trump's confidants like Elon Musk and Vivek Ramaswamy to lead the party in the senate.
16.11 / 00:49
markets
UPS
Target
wellness
Experts
Diversity
From gen X to Z, companies perk up all with bespoke benefits
Experts say companies can reap several dividends from offering personalised and flexible benefits to their workforce — attracting and retaining talent; improving engagement and productivity; enhancing organisational culture and brand image and optimising costs.
16.11 / 00:49
Airlines
RAI
country
travelers
International
Destinations
Simplest hack for a cheap New Year's trip-go abroad
«I decided on Baku because I am getting a Baku Marriott Hotel Boulevard at ₹58,000 for four nights for two adults and a child,» she said. «In contrast, rates for some properties in Kovalam, Udaipur and Rishikesh are steeper than this for a night.» She's not alone. Rates for the Christmas-New Year period at many popular leisure destinations such as Varanasi are turning out to be much higher than international locations such as Danang in Vietnam, persuading many to look overseas.
16.11 / 00:49
markets
Manufacturing
economy
awards
Moodys
President
reports
Cocktail of growth, inflation to bring 7.2% GDP high: Moody's
India will likely retain the fastest-growing G20 economy tag, with the bigger G20 emerging economy China seen growing 4.7%. Overall, the G20 economies will expand 2.8% in 2024, slower than 3% in 2023, according to the Global Macro Outlook 2025-26 report released Friday. The relocation of supply chains, investment from multinational companies and Chinese domestic manufacturers seeking to diversify production are creating opportunities for India, Mexico and many Southeast Asian nations, per the report.
16.11 / 00:49
markets
UPS
Manufacturing
Strategy
Apple
Whirlpool
electronic
Impact of 'Make in India': Imports for top electronics cos dip on rising local tide, possibly for the first time ever
Make in India' and component localisation has led to a decline in imports by major electronic firms such as Samsung, Apple, Whirlpool, Dixon and Havells — possibly for the first time ever. The combined import value of eight electronics firms, that also include LG Electronics, Amber Enterprises and Haier India, fell 7% year-on-year in 2023-24 to ₹95,143 crore, according to their regulatory filings with the Registrar of Companies (RoC). The total import value of these companies had crossed ₹1 lakh crore in 2021-22 and increased further in FY23.
16.11 / 00:25
Aware
Merit
Action
Food
Courts
Kraft Heinz faces class action lawsuit alleging mac-and-cheese fraud
A federal judge said Kraft Heinz KHC.O must face a proposed nationwide class action alleging that it defrauded consumers by claiming its Kraft macaroni and cheese, one of its best-known products, contains no artificial preservatives.
15.11 / 23:15
markets
CEO
Strategy
Election
electronic
After Polymarket predicts Donald Trump victory in US elections, FBI raids CEO's house, seizes phone and electronic items
Donald Trump won the US presidential elections 2024 quite convincingly that left Kamala Harris a mile behind, but that has initiated an FBI raid at the Polymarket CEO's house for allegedly accurately predicting the results of the US elections. Polymarket CEO Shayne Coplan's phone and electronics where ceased on Wednesday morning, which is the raid that comes a week after the betting platform was able to successfully predict Donald Trump's thumping victory against Democratic Party nominee Kamala Harris. This is being seen as a retribution by some, while Coplan woke up to the sound of FBI officers knocking at his door, demanding his phone and electronics according to The New York Post's report.
15.11 / 22:07
Fighting
security
Software
economy
Election
innovations
Department
Trump names Interior-designee Doug Burgum to head new White House council on energy
President-elect Donald Trump said Friday that North Dakota Gov. Doug Burgum, Trump’s choice to head the Interior Department, will also head a newly created National Energy Council that will seek to establish U.S. “energy dominance” around the world
15.11 / 22:07
15.11 / 22:07
UPS
Waters
Strategy
Food
community
Experts
South African government seeks experts' help to bring illegal miners to the surface
The South African government says it has put together a team including mine rescue experts to come up with a plan to bring to surface illegal miners who remain under a disused gold mine
15.11 / 22:07
Waters
Career
community
Bitcoin
Justice
Department
Courts
New York judge rejects state efforts to shutter bitcoin mine over climate concerns
A New York judge has rejected an effort by state regulators to shutter a bitcoin mine over concerns about its greenhouse gas emissions
15.11 / 22:07
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