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Blockchain
UPS
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
Latest news
13.11 / 16:27
markets
Digital
Man
film
paparazzi
stars
reports
Ben Affleck is stressed amid Jennifer Lopez divorce; here's the reason for it
Ben Affleck is reportedly not as miserable as he appears while out in Los Angeles, according to a source who spoke to the Daily Mail. Cosmopolitan reported that Ben Affleck’s seemingly downcast demeanor is attributed to persistent questions from paparazzi about his ex-wife, Jennifer Lopez, rather than personal unhappiness. According to Cosmopolitan, Ben Affleck is ‘over the constant questions’ regarding Jennifer Lopez and is pretty eager to move on, specifically as their divorce proceedings still continue to stress him a lot. Though at the same time, in spite of the ongoing divorce, Ben Affleck has expressed his sincere support for the solo endeavors of Jennifer Lopez while stating that he is glad she is focusing on herself and enjoying her career too. Also Read: Guest gives a peek into one of Diddy's famous freak-off parties; here are all the details about it
13.11 / 16:05
UPS
Food
Headlines
US inflation rises to 2.6% in October as core measure remains firm
The Consumer Price Index figure, released by the US Bureau of Labor Statistics today (13 November), was up from 2.4% the previous month and marked the first increase since March this year. The core CPI measure, which strips out volatile food and energy items, remained steady, rising at an annual pace of 3.3%. On a monthly basis, headline CPI increased by 0.2% in August, the same increase as in each of the previous three months. Federal Reserve cuts rates by 25bps amid persistent economic growth Housing prices rose 0.4% in October, accounting for over half of the monthly all time in...
13.11 / 16:05
Updates
FCA admits there could have been better handling of name and shame proposals
In an evidence session before the House of Lords Financial Services Regulation Committee today (13 November), the FCA chair said «we all acknowledged within the organisation that [the update] could have been trailed a bit better beforehand». The update did not appear in the regulatory grid, where forthcoming consultations and proposals are normally posted. «I think the consultation was interpreted by many as if the organisation was proposing to name in all, or even most cases,» Alder stated, noting that this was not the FCA's plans. FCA renews approach to enforcement disclosures a...
13.11 / 16:05
Provident
Sustainability
social
Updates
Schroders to adopt Sustainability Focus label for Global Sustainable Value Equity fund
The label will be used from early next year, when Schroders will also provide an update to the fund prospectus following the change. Anna O'Donoghue, global head of product development and governance at Schroders, told Investment Week the asset manager is one of the first to adopt the Sustainability Focus label for an equity fund with a «broad standard of sustainability». Schroder BSC Social Impact plans investment policy revamp to adopt SDR label «We firmly believe in the integrity and robustness of our wider sustainable and impact investment approach and are liaising closely with...
13.11 / 16:05
markets
IPO
SEC
security
Chrysalis holding Klarna files for New York IPO
In a statement on Tuesday (12 November), Klarna said that it had submitted a draft registration statement to the Securities and Exchange Commission relating to the proposed flotation. The Swedish payments firm said the number of shares to be offered and the price range for the proposed offering «have not yet been determined», but that the IPO is expected to take place after the SEC completes its review process, subject to market and other conditions. Chrysalis, which holds around £800m in assets, has a long-term holding in Klarna and previously noted that the anticipated float would ...
13.11 / 16:05
track
Number of ISA millionaires hits all-time high of nearly 5,000
In the latest annual data obtained by Plum, the number of ISA millionaires tracked by HM Revenue & Customs rose by around 20% from 2022's figure of 4,070, and marked an 11-fold increase from just 450 in 2016. As a result, the average ISA millionaire now owns a pot of roughly £1.3m. However, according to Plum, the top 25 ISA investors sit on pots averaging more than six times that figure, namely £8.8m. Autumn Budget 24: ISA regime left untouched despite financial services agenda pledge «ISA millionaire wealth continues to grow, even as other savings and investment products lose a li...
13.11 / 15:57
markets
UPS
security
Election
President
Trump makes a victor's return to Washington to meet with Biden and GOP lawmakers
Donald Trump is making a victor's return to Washington. The president-elect touched down Wednesday, arriving near the Capitol with billionaire Elon Musk in tow, for a meeting with House Republicans and then an Oval Office session with Democratic President Joe Biden as Trump prepares for a potentially unified Republican government and sweep of power. Back in Washington for the first time since his election victory, Trump told the GOP lawmakers, «It's nice to win.»
13.11 / 15:57
COST
UPS
Food
Department
Headlines
Inflation rises 2.6% in October, in line with expectations
First Trust Advisors chief economist Brian Wesbury reacts to Fed Chair Jerome Powell saying he won't resign if President-elect Trump asks on «Making Money.»
13.11 / 15:57
markets
security
Analysis
Research
Trade
reports
Updates
Sebi grants lock-in, allotment exemptions for InvITs, REITs in employee benefit schemes
employee benefit trust under unit-based employee benefit (UBEB) schemes. This will facilitate easier acquisition and distribution of units to employees. «In order to promote ease of doing business and to facilitate the acquisition of units by the employee benefit trust and the subsequent transfer of units to the employees as per the terms of the UBEB scheme, it is proposed that the… lock-in and allotment related restrictions shall not apply to the employee benefit trust,» Sebi said in separate circulars.
13.11 / 15:57
markets
UPS
Digital
Man
security
Strategy
‘Scariest 5 minutes of my life’: Bengaluru woman shares startling auto ride experience
In her tweet, she explained that while riding in an auto, she suddenly felt someone touching her from behind. Fearing the worst, she glanced back and was startled to find a young child sleeping there. “Scariest 5 mins of my life. This was me in an auto in Bangalore. I felt like someone was touching me from behind, saw a kid sleeping over there," she wrote, adding that she initially wondered if the child had been kidnapped.
13.11 / 15:57
markets
security
Strategy
Sustainability
blues
International
Leading Indian business group uses Russian tech to revolutionise construction industry
Flujo Brand GFRP-Rebars aiming to boost Indian market by Innovative Construction Solutions. The DS Jindal Group, a prominent name in the steel and plastic pipe industry, has entered the Glass Fiber Reinforced Polymer (GFRP) rebar market under its brand, “Flujo". This initiative, spearheaded by Managing Director Sahil Jindal, is poised totransform the Indian construction landscape by offering an advanced, non-corrosive alternative to TMT rebars.
13.11 / 15:57
markets
COST
Strategy
awards
wellness
band
MFIs reduce lending rates as RBI voices concerns
microfinance lenders have reduced lending rates in the past couple of months amid heightened regulatory scrutiny on the pricing policy adopted by these financiers that service the bottom of the consumer pyramid. The Reserve Bank of India (RBI) was conducting a scrutiny over the past six months or so, and that culminated into the decision to bar errant lenders from doing business from October 21 for charging «excessive» interest rate spreads over their cost of funds. Both Arohan Financial Services and Asirvad Micro Finance — the two NBFC-MFIs penalised — have submitted fresh plans to the regulator. Arohan promised to reduce rates by about 200 basis points while Asirvad said it would lower rates by around 300 bps once they are allowed to resume business, people familiar with the matter said.
13.11 / 15:45
markets
Strategy
Sustainability
Netflix
Universities
Schools
Features
Arcane Season 2 Part 2: Here’s release date, time, where to watch and upcoming episode schedule
Netflix’s Arcane returns with its Season 2, which resumes the ongoing story of power struggles, personal turmoil and alliances in the League of Legends universe.
13.11 / 15:45
markets
Analysis
Trade
Experts
performer
reports
patient
Wockhardt Q2 Results: Net loss narrows to Rs 16 crore, revenue rises 7%
Wockhardt on Wednesday reported a net loss of Rs 16 crore in Q2FY25 led by improved performance across UK, India and emerging markets. The Mumbai-based drug maker reported a net loss of Rs 73 crore in Q2FY24.
13.11 / 15:45
markets
Digital
Man
Google
Platform
Action
social
Europe's richest man sues the world's richest man Elon Musk for this reason
social media platform X (formerly Twitter) for using his newspapers’ content without proper payment. This legal battle involves Arnault's newspapers, Le Parisien and Les Echos, alongside French dailies Le Figaro and Le Monde, who claim X failed to negotiate content remuneration as mandated under European law. Here’s what you need to know:
13.11 / 15:45
markets
Citi
Digital
Experts
reports
Department
International
Delhi overtakes Lahore to become world's most polluted city
Delhi overtook Lahore on Wednesday to become the world's most polluted city in Swiss group IQAir's live rankings. India's pollution control authority said the national capital's 24-hour air quality index (AQI) score had touched 418. The pollution levels touched the 'severe' category for the first time this season as temperatures and wind speeds dropped, reducing visibility and affecting some flights. At least eight flights were diverted from the city's Indira Gandhi International Airport, news agency ANI reported. The Central Pollution Control Board defines an AQI reading of 0-50 as «good», and above 401 as «severe», which affects healthy people and seriously impacts those with existing diseases.
13.11 / 15:45
markets
Strategy
Sustainability
Patrick
RAI
show
Schools
Landman: See premiere date, episode schedule, plot, cast and production team
Landman, on November 17, 2024. The show will offer a detailed look into the Texas oil industry.
13.11 / 15:45
markets
Digital
Man
Experts
rapper
Guest gives a peek into one of Diddy's famous freak-off parties; here are all the details about it
Diddy's notorious freak-offs are being revealed by a guest, as quoted in a report by the Miami Herald. According to Tanea Wallace, who makes an appearance on «TMZ Presents The Downfall of Diddy,» a Saudi prince flew her and a friend to Miami in 2018 for a party at the rapper's mansion on Star Island. The singer-songwriter claimed to have seen a few celebrities, including one famous rapper, after leaving her phone at the door. The late-night/early-morning event, according to Wallace, was pretty crazy, and many of them appeared intoxicated.
13.11 / 15:45
markets
Digital
Strategy
Remark
Election
President
Experts
Donald Trump Jr. has bagged a new job, but it is not in his father's next administration
Donald Trump Jr. has recently announced that he will be joining the venture capital firm named 1789 Capital while he is opting out of a formal role in his father’s administration following the recent US Presidential election victory. According to Independent, during a conference for Republican donors hosted by JD Vance's Rockbridge Network, Donald Trump Jr. eventually revealed about his new position as a partner at the 1789 Capital. Independent reported that 1789 Capital which mainly focuses on investments in conservative-oriented businesses also includes the media startup of Tucker Carlson. At the age of 46 only, Donald Trump Jr. has been pretty influential in his father’s political endeavors which also include the support for JD Vance as the US Vice Presidential candidate while fostering ties with potential administration appointees like Robert F. Kennedy Jr. Also Read: Donald Trump to conduct mass firings early into his second term? Two million federal workers are scared and anxious
13.11 / 15:45
markets
Citi
Digital
security
Experts
Investigations
Robbers steal cash from Travis Kelce and Patrick Mahomes' homes in Kansas, damage property
Kansas City Chiefs players Travis Kelce and Patrick Mahomes faced frightening home invasions in early October. According to documents from the Cass County Sheriff’s Office, both athletes were victims of burglaries at their respective Kansas City-area homes. Despite ongoing investigations, these incidents have raised concerns among the players and their fans.
13.11 / 15:45
markets
COST
Digital
economy
Trade
country
reports
Trump 2.0: Will America's strengthening dollar rattle the rest of the world?
Donald Trump coming back to the White House, one such big swings may be on the cards. The economic policies proposed by the US-President elect look set to help the US economy, it might spell trouble for the rest of the world, reports The Economist. Trump laid out a broad array of ideas aimed at providing tax relief, cutting prices, hiking tariffs and strengthening the economy, which ranks at the top of voters’ concerns. However, what parts of economic agenda Trump implements is still unclear, but the unsteadiness in the American stock market is enough to give us a clue what the investors expect (the S&P 500, an index of large American firms, hit successive records on November 6, 7 and 8). ALSO READ: Donald Trump is back: What it would mean for US economy and rest of the world
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