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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
Blockchain
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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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14.11 / 05:19
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Indonesia's Indosat, GoTo launch local language AI model
Indosat Ooredoo Hutchison and its biggest tech company GoTo Gojek Tokopedia launched on Thursday the development of Sahabat-AI, a large language model ecosystem in Indonesian languages. Sahabat-AI would enable Indonesians to build artificial intelligence-based services and applications in Bahasa Indonesia and various other local languages, with the understanding of local context, the companies said in a joint statement. It is supported by AI Singapore and India's Tech Mahindra, which used Nvidia AI Enterprise software including Nvidia NeMo to train the model and enhance its general language understanding, according to the statement. Several universities and media groups will contribute to optimise it for local context and cultural relevance, it added.
14.11 / 05:19
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Stock market update: Sugar stocks up as market rises
Bajaj Hindusthan Sugar Ltd.(up 3.25%), Kothari Sugars & Chemicals Ltd.(up 2.45%), DCM Shriram Industries Ltd.(up 2.15%), Triveni Engineering & Industries Ltd.(up 2.10%), EID Parry(India)Ltd.(up 2.04%), Mawana Sugars Ltd.(up 1.96%), Rana Sugars Ltd.(up 1.85%), Dalmia Bharat Sugar and Industries Ltd.(up 1.59%), Vishwaraj Sugar Industries Ltd.(up 1.51%) and Rajshree Sugars & Chemicals Ltd.(up 1.50%) were among the top gainers.
14.11 / 05:19
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Sensex rises! These stocks are up over 15% on BSE
Siddha Ventures Ltd.(up 20.00%), Multibase India(up 19.99%), Fluidomat Ltd(up 19.99%), Banco Products(up 18.14%), Mahalaxmi Rub(up 17.73%) and Dishman Carbogen(up 16.74%) were among the stocks that surged over 15%.
14.11 / 05:19
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AMD to cut 4% of global workforce as it focuses on AI chip development
Nvidia. AMD is regarded as the closest rival to Nvidia in the lucrative market for chips that form the brains of complex data centers that can process the large mounds of data used by generative AI technology like OpenAI's ChatGPT. «As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps,» an AMD spokesperson told Reuters on Tuesday.
14.11 / 05:19
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Trump's Treasury pick: Lutnick now a top contender alongside Bessent, sources say
Howard Lutnick has emerged as a serious contender alongside investor Scott Bessent for the top Treasury job in the new Trump administration, two sources familiar with the matter said, as the race for the high profile role heats up. Lutnick, a longtime friend of Trump's and co-chair of the transition team, had received the backing of at least one influential member of President-elect Donald Trump's inner circle for the Treasury Secretary role, one of the sources said. Bessent, who served as an economic advisor to the Trump campaign in addition to being a fundraiser, remains a top contender, said the sources, who asked not to be identified talking about positions ahead of them being announced.
14.11 / 05:09
14.11 / 04:41
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Chinese AI startup takes aim at OpenAI's Sora with image-to-video tool launch
BEIJING — Beijing-based Shengshu Technology on Wednesday said that its artificial intelligence-powered text-to-video tool Vidu will now be able to generate videos by combining images.
14.11 / 04:37
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Danish palace scraps system dating to the 1800s that grants royal labels for products
Denmark’s royal court says it will phase out a labeling system dating to the 1800s that grants companies the right to use the image of the Danish crown on their letterhead, packaging and labels
14.11 / 04:37
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Federal judge denies request to block measure revoking Arkansas casino license
A federal judge has denied an effort to temporarily block enforcement of a constitutional amendment Arkansas voters approved that revokes the state's license for a planned casino
14.11 / 04:37
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Japan's sake brewers hope UNESCO heritage listing can boost rice wine's appeal
Deep in a dark warehouse, the sake sleeps, stored in rows of giant tanks
14.11 / 04:37
14.11 / 04:25
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Neutral on Vedanta, target price Rs 520: Motilal Oswal Securities
neutral call on Vedanta with a target price of Rs 520. The current market price of Vedanta is Rs 439.25. Vedanta Lt, incorporated in 1965, is a Large Cap company with a market cap of Rs 170453.82 crore, operating in Diversified sector. Vedanta's key products/revenue segments include Aluminium, Copper Cathodes, Oils, Iron Ore, Pig iron, Others, Other Operating Revenue, Power, Metallurgical Coke, Export Incentives, Scrap for the year ending 31-Mar-2024.
14.11 / 04:25
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Gold Price Today: Yellow metal prices fall by Rs 3,400/10 gm this week, silver down by Rs 3,200/kg
silver December futures contracts were trading at Rs 88,032/kg, down by 0.1.31% or Rs 1,165. In this week so far, Gold prices have fallen by Rs 3,400/10 grams while silver prices fell by Rs 3,200/kg in the same period.
14.11 / 04:25
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Stocks to buy or sell today: Wipro, ONGC among top 6 trading ideas for 14 November 2024
India VIX, the volatility gauge, surged 5.79% to close at 15.43 on Wednesday, indicating heightened caution. The Nifty future closed negative with losses of 1.10% at 23,696 levels.
14.11 / 04:25
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Get ready for a tough winter this year: IMD warns of harsh conditions in states like Delhi, UP, J&K, Himachal, and more
IMD (Indian Meteorological Department) has noted a slight drop in both maximum and minimum temperatures in Delhi/NCR, with current temperatures ranging between 30-32°C during the day and 14-19°C at night.
14.11 / 04:25
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Hot Stocks: Brokerages see 11-30% upside in Apollo Tyres, Eicher Motors & L&T
investment opportunities with potential upsides. Goldman Sachs has reiterated its confidence in Eicher Motors and Larsen & Toubro (L&T), citing strong growth drivers and robust performance indicators.
14.11 / 04:25
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It is still a sell-on-rise market; see Nifty@21,300 by end year: Jai Bala
Jai Bala, Chief Market Technician, Cashthechao.com, says he expects the Nifty to hit somewhere to about 21,300 by the end of the year and the banking index to hit somewhere close to 42,000 with an intermediate pause at about 49,000 and 47,000. The Dollar index will be about 109 for the end of the year. The 10-year yields for the US would be about 5.5% by the end of the year. By 2026, the 10-year yields will hit about 800 bps. That is the medium to long-term forecast for the global markets and the macros. Bala also says retail investors should raise as much cash as possible as they can get in and get out of the market much faster than the institutions. Is there any ray of hope for the markets and what can really provide a sigh of relief at this juncture? Jai Bala: I had spoken to you around the time when China's stimulus was on and at that time I had mentioned that the Nifty was likely to drop to somewhere close to 21,300 and when people are focusing on China's stimulus, we should have been focusing on the India correction which is about to set on. I have been holding the view from the 1st of October that this decline is likely to take the market to somewhere close to the June 4th low. So, we are set for further decline to come through, although there could be a counter trend bounce along and the market has just printed the 200-day moving average and so we could see a slight relief. But the markets are still on sell on rise.
14.11 / 04:25
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Nita Ambani’s handbag at Isha’s event has fans in a frenzy. Decoding mother-daughter duo's personal styles
Nita Ambani, the founder and chairperson of the Reliance Foundation, enthralled everyone with her chic look at a beauty event, held at Jio World Plaza in Mumbai on Wednesday evening. She was there to support her daughter Isha Ambani’s latest venture. The mother-daughter duo in their designer outfits made heads turn, but Nita Ambani’s playful addition of a unique popcorn-shaped handbag became a highlight of the event. On Wednesday, the Tira Beauty event was a star-studded affair.
14.11 / 04:25
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World Diabetes Day 2024: Why type 2 diabetes often goes unnoticed, early signs of this silent killer, and associated risks
Diabetes is rapidly becoming a major health challenge worldwide, with the potential to lead to serious complications if not diagnosed and managed early. Like high blood pressure, diabetes often progresses quietly, showing few symptoms at first. This allows it to go unnoticed until significant damage has already been done, which is frequently irreversible. Diabetes develops when the body cannot produce enough insulin or use it effectively, leading to an excess of sugar in the blood. Over time, this can impact the heart, kidneys, lungs, and brain.
14.11 / 04:25
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Eicher Motors shares rally 8% after steady Q2 earnings. What analysts say
Eicher Motors zoomed 7.5% on Thursday to their day’s high of Rs 4,934.50 on the BSE as the company reported an 8% growth in its standalone net profit at Rs 1,010 crore in the quarter ended September 2024. While registering steady growth on an annual basis, Eicher Motors lagged in quarterly comparison. The two-wheeler segment displayed steady growth despite facing the seasonal backlash, leading to lower footfall during the quarter, however, aided by higher ASP, the company registered healthy revenue growth during the quarter.
14.11 / 04:25
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Buy Jyothy Labs, target price Rs 600: HDFC Securities
HDFC Securities has a buy call on Jyothy Labs with a target price of Rs 600. The current market price of Jyothy Labs is Rs 424.65. Jyothy Labs, incorporated in 1992, is a Mid Cap company with a market cap of Rs 15687.15 crore, operating in FMCG sector. Jyothy Labs' key products/revenue segments include Personal Care, Sale of services and Scrap for the year ending 31-Mar-2024.
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