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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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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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07.11 / 10:25
07.11 / 10:25
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2020
Foreign outflows of $3.1 bln from Indian financials drive record monthly sales in October, data shows
Foreign portfolio investors (FPIs) pulled out about $3.1 billion from Indian financial stocks in October, the second-highest amount ever from the sector and accounting for 30% of the record overall withdrawal for the month, data showed on Thursday. The 260.42 billion-rupee selloff in financials — the heaviest weighted index on the benchmark NSE Nifty 50 — contributed to the record monthly outflows of $11.2 billion.
07.11 / 10:25
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A new era just began for SpaceX, Tesla? Speculations swirl as Elon Musk enters Trump's inner circle
Elon Musk, SpaceX founder and prominent supporter of Donald Trump, is expected to be a key figure in the newly elected president’s inner circle. Trump, who secured victory in the recent election, praised Musk throughout his campaign.
07.11 / 10:25
07.11 / 10:25
markets
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community
love
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How 'meat & potatoes' guy JD Vance, from a drug-addicted family, fell in love with elite Indian immigrant Usha Chilukuri
JD Vance and Usha Chilukuri come from vastly different backgrounds. Vance, the son of a drug-addicted mother and raised by his grandmother in a struggling community in Ohio, faced significant challenges. Meanwhile, Chilukuri, daughter of Indian immigrants, grew up in California with parents deeply invested in academic and professional success—her father a mechanical engineer from IIT and her mother a trained marine biologist.
07.11 / 10:25
markets
Reuters
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Investigations
ED raids offices of sellers using Amazon, Flipkart platforms, sources say
Amazon and Flipkart, majority-owned by Walmart, as part of an investigation into alleged violations of foreign investment rules by the e-commerce companies, two government sources said on Thursday. The searches by the Enforcement Directorate (ED) came weeks after Reuters reported India's antitrust body had found the two companies and their sellers violated competition laws by giving preference to select sellers on their platforms. Both companies have maintained they comply with Indian laws.
07.11 / 10:25
markets
Citi
Digital
Manufacturing
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awards
country
India's goods, services exports to cross USD 800 bn this fiscal: Sakthivel
merchandise and services exports will cross USD 800 billion this fiscal due to the government support and competitive products of the domestic players, an industry official said on Thursday. Apparel Made-ups and Home Furnishing Sector Skill Council Chairman A Sakthivel said the government has taken a series of steps to enhance the industry's competitiveness in promoting ease of doing business and reducing compliance burden, among others.
07.11 / 10:13
Provident
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Strategy
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Features
Samsung reveals ambitious AI plans with Galaxy AI, hybrid processing and enhanced security
Samsung’s AI strategy centres on personalised AI, which will tailor functions to each user’s unique needs. Through the use of knowledge graph technology, Samsung aims to develop an AI experience that adapts to individual behaviours and preferences.
07.11 / 10:13
COST
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Amazon deals on water purifiers: Get over 75% off on top options for pure water from big brands like Aquaguard and more
Check out the best water purifiers below:The Urban Company Native M1 Water Purifier offers a powerful 10-stage purification process with RO, UV, Copper, and Alkaline filtration to ensure pure, safe water for your home. With a 2-year no-service guarantee and 8L capacity, it’s designed for health, featuring a 4-in-1 health booster.
07.11 / 10:13
UPS
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Meet India's marathon men who completed a unique Grand Slam
Subscribe to enjoy similar stories. When Bharatkumar Jain first decided to do the marathon equivalent of a Grand Slam—the top six of the world’s marathons—he wasn’t chasing a record. He had already registered for three, so he figured he could just attempt the rest and check them off his list.
07.11 / 10:13
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Best Noise smartwatches in India: Top 10 stylish picks with modern designs and advanced features
Reasons to buyReasons to avoidThe Noise ColorFit Ultra Smartwatch comes with a 1.75-inch HD display and offers advanced health tracking, sleep monitoring, and remote music control. With a sleek metallic design and customizable straps, it is a stylish and functional accessory for everyday use.Reasons to buyReasons to avoidThe Noise ColorFit Pro 2 Smartwatch features a 1.3-inch display and offers 9 sports modes, heart rate monitoring, and menstrual cycle tracking.
07.11 / 10:13
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COST
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Derivative curbs: Don’t throw the baby out with the bathwater
Subscribe to enjoy similar stories. The explosion of trading in futures and options (F&O) has been a remarkable feature of India’s equity market. With a dominant 90% share of Indian market volumes, it dwarfs derivatives trading in all other major equity markets.
07.11 / 10:13
Google
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Aiwa Magnifiq 43 inch QLED TV review: Affordable 4K brilliance, Google TV smartness
₹23,000. Let's assess whether it delivers on its promises, because your portal to endless entertainment should be worth every penny you spend on it.You can check out the product below: Unboxing the Aiwa QLED was a pleasant surprise. The stylish bezel-less design gives it a modern look that's sure to impress your guests.
07.11 / 10:13
COST
Manufacturing
Mobile
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performer
A charged-up Amara Raja juggles margin pressure and lithium-ion ambitions
Subscribe to enjoy similar stories. Amara Raja Energy and Mobility Ltd’s weak margin performance in the September quarter overshadowed its 12% year-on-year jump in standalone revenue. The revenue, which was in line with analysts’ expectations, was driven by increased traction in three segments: two-wheeler and four-wheeler aftermarket, two-wheeler original equipment makers, and exports.
07.11 / 10:13
Provident
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security
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social
No interest on National Savings Scheme from Oct 1: What it means for you
Subscribe to enjoy similar stories. Chartered accountant Sujal Pravin Shah (62) was in for a big surprise recently. He had invested in the National Savings Scheme (NSS) in 1987.
07.11 / 09:15
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China urges U.S. cooperation as Trump trade threat looms
BEIJING — China emphasized the need for greater cooperation with the U.S., a day after it became clear President-elect Donald Trump would become the next leader of the White House.
07.11 / 08:53
Election
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Freedom
social
rights
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The page didn’t turn but American women aren’t going back
Subscribe to enjoy similar stories. The US presidential election [that delivered America’s White House to Donald Trump] produced social, regional, cultural and ideological cacophony, which was somehow channelled into a binary choice (unless you ducked the contest by voting for a third party). But I couldn’t help thinking about a woman who wasn’t on any ballot and who couldn’t vote in this election—a woman whose very existence is in jeopardy because politics went badly askew and took her dignity and freedom with it.
07.11 / 08:53
Action
Election
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President
Universities
War
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Trump’s win signals more confrontation with Beijing
Subscribe to enjoy similar stories. BEIJING—Donald Trump’s return to the White House injects new volatility into ties between the U.S. and China, threatening to transform a tense relationship between the world’s two main powers into something less predictable and more confrontational.
07.11 / 08:27
markets
FIVE
'Once-in-a-parliament reset': Reeves rules out future fiscal events of Autumn Budget's scale
During a Treasury Select Committee hearing today (6 November), the chancellor told MPs that the plans announced last week meant that the UK's public finances were now «on a firm footing», with a «much more honest» trajectory of public spending. UK gilt yields hit their highest levels of the year the day after the Budget (31 October), as investors digested the additional borrowing set out by the chancellor, which the OBR said would be, on average, £36bn higher each year over the next five fiscal years. Reeves was told that the gilt market response to increased issuance could indicate ...
07.11 / 08:27
Strategy
awards
Research
rowing
Trio of fixed income funds awarded RSMR rating
RSMR praised the Royal London fixed income team for its «collegiate approach» to managing the global bond strategy and for its focus on fundamental research, with stock selection comprising «the most consistent contributor of long-term performance». The fund invests mainly in credit, with the aim to deliver a high level of income from a diversified, global portfolio, the research house noted, highlighting the team's ability to produce «consistently strong relative returns across a wide range of mandates on a regular basis». M&G, T. Rowe Price and Waverton funds gain RSMR rating The...
07.11 / 08:23
markets
UPS
Provident
Platform
pandemic
Can IKEA disrupt the furniture business again?
Subscribe to enjoy similar stories. There are worse ways to spend a lazy Saturday than to take a trip to one of IKEA’s giant furniture stores. Young children can be swiftly deposited at Småland, the supervised play area, leaving you to navigate the maze of flat-pack furniture and bric-a-brac at your leisure; you might even stop at the restaurant for a plate of Swedish meatballs.
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