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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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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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12.11 / 00:27
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Duolingo to launch generative AI video-calling feature in India to boost monetization
Subscribe to enjoy similar stories. US-based language learning company Duolingo is looking to roll out its newly launched generative artificial intelligence-backed video calling feature 'Video Call with Lily' in India this month to boost monetization in the country, said its chief business officer Bob Meese. “The video calling feature is our big bet on AI, and we continue to update our AI features.
12.11 / 00:21
markets
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Digital
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Bitcoin
Bitcoin zooms past $84,000, likely to make higher highs
cryptocurrency, is expected to continue with investors betting on prices to cross $100,000 this year, riding the bullish momentum in the digital currency. It was trading above the $84,500 mark at press time.
12.11 / 00:21
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Bitcoin
How can I trade cryptocurrencies in India
Is buying Bitcoin and other cryptocurrencies legal in India? Yes. Investors can buy Bitcoin and other cryptocurrencies from government registered exchanges in India. However, it cannot be used as a currency and is only an investment product.
12.11 / 00:21
markets
Digital
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Election
PAM
Destinations
High tariffs: These 23 everyday items to become more expensive when Donald Trump takes office on January 20, 2025
Donald Trump's decision to impose higher tariffs on imports may be implemented as soon as he comes to power at the White House on January 20 next year. This is the day he would ascend to power at the White House, backed by a huge mandate from the US Presidential elections, which he achieved by convincingly beating Kamala Harris, by even whitewashing her in all the key swing states.
12.11 / 00:21
markets
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Coca-Cola
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Goldman Sachs look to join hands with Bhartias of Jubilant for HCCB stake buy, to finance upto Rs 3500 cr
Bhartia family of the Jubilant Group led by brothers Shyam and Hari Bhartia is in advance negotiations with Goldman Sachs to partner with them to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB), the wholly owned bottling arm of the US beverage giant in India – the 5th largest market of the Atlanta based beverages giant. Goldman Sachs is expected to finance the special purchase vehicle (SPV) created to own the HCCB stake, deploying Rs 3000-3500 crore through a convertible preferred equity instrument. A similar sized investment is being made by the Bhartia family themselves, said people aware of the development. The investment by the Wall Street bell weather will be routed through the fast growing Goldman Sachs Alternatives vertical – an overarching vertical that does growth and private equity, hedge fund, real estate and private credit investments.
12.11 / 00:21
UPS
Digital
ICE
awards
Adventure
wellness
travelers
Akshay Nanavati's historic 110-day solo ski expedition across Antarctica
Akshay Nanavati, a 40-year-old Indian American, embarked on the adventure of a lifetime -a 110-day skiing expedition across Antarctica. If he succeeds, Nanavati will become the first human to complete an unsupported, solo, 2,700-km, coast-to-coast, ski crossing of the coldest, driest, windiest and loneliest continent on the planet. He will be dragging a 200-kg sled packed with food rations and fuel through the distance, surviving temperatures as low as minus 40 degrees. It's what adventurers call 'manhauling.' Preparation itself cost Nanavati — an entrepreneur, speaker and author — the tips of two fingers, lost to frostbite. One was removed because of gangrene. This happened while climbing the Axel Heiberg Glacier in Canada, within the Arctic circle. Back from this ordeal, Nanavati opted for part of the other digit to be removed as well.
12.11 / 00:21
markets
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Digital
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Mutual fund flows stay resilient in choppy October
Retail investors used the sharp dips in the market in October to add to both their lump sum equity mutual fund schemes and systemic investment plans (SIP), taking both to record highs. Investors bought equity funds worth ₹41,887 crore in October, the highest ever in a month, compared to ₹34,419 crore in September. SIP purchases amounted to ₹25,323 crore, up from ₹24,509 crore in the previous month. Debt funds saw inflows of ₹1,57,402 crore, largely from overnight and liquid funds. Strong flows and an increase in stock market valuation took the total average assets under management of the industry to ₹68.5 lakh crore, against ₹68 lakh crore in the previous month. «We have seen heightened volatility in markets with FIIs (foreign institutional investors) selling due to major global events, including the US elections. The healthy net flows is a testimonial to the resilience amongst domestic investors to continue investing in equities despite market volatility,» said Akhil Chaturvedi, executive director, Motilal Oswal Mutual Fund.
11.11 / 23:41
11.11 / 23:41
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wellness
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Elon Musk's PAC spent an estimated $200 million to help elect Trump, AP source says
Elon Musk’s super PAC spent around $200 million to help elect Donald Trump
11.11 / 22:31
COST
UPS
wellness
performer
reports
International
Here's how AIMCo's performance stacked up before last week's ‘shocking’ purge
The Alberta government fired the chief executive and entire board of directors of Alberta Investment Management Co. (AIMCo) last week, citing rising costs without an equivalent increase in returns at the $160 billion investment manager. But were AIMCo’s results and costs out of line with other major Canadian investment managers? The Financial Post’s Naimul Karim explores the question.
11.11 / 21:43
COST
UPS
Progressive
Trade
show
country
First B.C., now Montreal: What a pair of port shutdowns means for Canada
Locked-out workers at ports in British Columbia were joined on the picket lines by their peers in Montreal on Sunday night, stymying trade at Canada’s two largest marine trading hubs heading into the busy holiday shopping season.
11.11 / 21:33
UPS
DOW
NVIDIA
Trade
How major US stock indexes fared Monday, 11/11/2024
Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check
11.11 / 21:33
UPS
poverty
country
information
2020
Mali detains top executive and 2 others from an Australian gold mining company over dispute
The top executive and two other employees of Australia's gold mining company Resolute Mining have been arrested and detained by Mali’s military junta
11.11 / 21:33
11.11 / 21:25
11.11 / 20:53
markets
security
Election
Death
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Inside
Polling Nostradamus Allan Lichtman gets death threats after predicting the 2024 U.S elections wrong; there were two break-in attempts on his home
Allan Lichtman had actually predicted a win for Kamala Harris over Donald Trump back in the month of September using his ‘Keys to the White House’ model which consisted of 13 true or false questions. According to Business Insider, following the victory of Donald Trump, Allan Lichtman faced severe backlash which included death threats, doxing, swatting attempts and intimidation. More than that, he has already reported two attempts of breaching his home which eventually prompted police involvement. Also Read: Mission: Impossible 8: The Final Reckoning’s release date, trailer, cast and storyline
11.11 / 20:27
markets
Digital
Equality
cricket
Afghanistan's Rahmanullah Gurbaz goes past Kohli's record, equals Sachin Tendulkar with another century
Rahmanullah Gurbaz today smashed several records during the third One Day International (ODI) match against Bangladesh at the Sharjah Cricket Ground. Gurbaz smashed his eighth ODI century in just his 46th match, equaling the world record held by cricketing legends Sachin Tendulkar and Quinton de Kock for the most centuries before turning 23 years old. Notably, Virat Kohli had seven centuries before turning 23. Gurbaz has now a chance to This match also marked Gurbaz's position as the third-fastest batsman to reach eight ODI centuries, trailing only Hashim Amla and Babar Azam.
11.11 / 20:27
markets
President
Actor
Experts
Bassett
PAM
Mission: Impossible 8: The Final Reckoning’s release date, trailer, cast and storyline
Tom Cruise’s upcoming movie, Mission: Impossible 8, now titled The Final Reckoning, has revealed its first trailer and official release date. The film, originally intended as a follow-up to Mission: Impossible – Dead Reckoning, is scheduled to premiere in May 2025.
11.11 / 20:27
markets
Strategy
Election
Experts
country
reports
Colleges
Donald Trump says he wouldn’t be a dictator — “except for Day 1."; here is what his Day 1 plans are
The Associated Press reported that, Donald Trump is also aiming to fire several disloyal employees to reshape the federal government and significantly Special Counsel Jack Smith who had indicted him and punish those involved in the legal cases. Adding on to that Donald Trump has also asserted his intentions of pardoning the individuals who were convicted for their roles in the Capitol Riot which took place on January 6 while he claims that many people are wrongfully imprisoned. Also Read: America’s Sweethearts: The Dallas Cowboys Cheerleaders Season 2: Everything we know so far
11.11 / 20:27
markets
Digital
Strategy
Experts
PAM
show
Colleges
Sex Lives of College Girls release date: Where to watch?
Sex Lives of College Girls" is releasing in November. HBO and Max will stream the popular show in the US, as per a report. HBO and Max have a list for upcoming releases. The list also features «The Sex Lives of College Girls» «The Sex Lives of College Girls» will be streaming on HBO and Max from November 21.
11.11 / 20:27
markets
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Booking
Strategy
awards
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show
Defaults coming back to bite, banks rein in growth of unsecured credit
personal loan, credit card and microfinance (MFI) portfolios, Indian banks are slashing credit card limits and restricting pre-approved personal loans. Some of the lenders have also reduced loan-to-value (LTV) ratios on mortgage loans, bankers told ET. «We have identified stress segments in our unsecured portfolio based on customer segment, geographies, credit scores and sectors that are showing signs of trouble,» said the retail head of a private sector lender. «We have reduced risks in these segments by lowering credit card additions, reducing credit card limits, lowering LTV and keeping away from segments which have thrown up high risk.» Several lenders said that they now prefer offering loans to customers with credit scores of more than 750 from a cap of 720 seen prior to the onset of stress. Banks are also keeping a very close watch on days past due (DPD), where collection machinery gets triggered at day zero DPD.
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