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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
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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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04.11 / 19:39
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3 charged in Brampton Hindu temple demonstration as India’s Modi weighs in
Narendra Modi has issued a social media post condemning what Canadian law enforcement call demonstrations under investigation for alleged “acts of unlawfulness” that first began outside a Hindu temple in Ontario on Sunday.According to Peel Regional Police on Monday morning, three people were arrested and charged over the incident with other alleged acts still under investigation.pic.twitter.com/YqbSU3YAki— Peel Regional Police (@PeelPolice) November 4, 2024 On Sunday, just after 2:30 p.m., Peel Regional Police said they were aware of a protest that occurred at a temple in Brampton, Ont., and urged the public to ensure a “peaceful and lawful protest,” noting it had an increased and visible presence to monitor activities.About a half hour before the police’s post on X about the protest, Liberal cabinet minister Anita Anand said she was “concerned about reports of unacceptable violent attacks at the Hindu Sabha Temple in Brampton.”Video circulating on X appeared to show people using flagpoles to strike others.According to police, investigators believed the same protesters who demonstrated outside the temple later relocated to two separate locations in Mississauga, Ont.One arrest that occurred Sunday “during the management of the protest” in the Westwood Mall area of Mississauga resulted in a police officer sustaining minor injuries, Peel police said.The Hindu Canadian Foundation alleged the “attack” is “happening under the support of Khalistaani politician sympathizers.”In his post, Modi alleged there were “cowardly attempts to intimidate our diplomats.”“Such acts of violence will never weaken India’s resolve,” Modi wrote on X.
04.11 / 18:27
04.11 / 18:27
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Royal Enfield unveils The Flying Flea C6: A new era of electric motorcycles
The fully electric motorcycle — available for retail in the spring of 2026 — will be priced at a premium to electric scooters available in the market today. The company is yet to decide on the country in which it will launch the vehicle sometime in the next fiscal year, but said it will be the first of many products which will be introduced under the Flying Flea brand. Siddhartha Lal, Managing Director, Eicher Motors, said, “We believe in this as a starting point of a family, that is going to grow. We are going to keep at it as we go doggedly…keep evolving, keep changing but with this concept and idea in mind." The company will also introduce EVs under Royal Enfield brand, Lal clarified.
04.11 / 18:27
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Banks form panel to take up bar on overlapping biz
business, banks are setting up a high-level committee to escalate the issue with the government and other stakeholders, said people familiar with the matter. Banks are particularly concerned at the two-year window proposed for compliance, which they feel is very short as many of their subsidiaries are listed. In a meeting held last month, banks decided to form the committee for engaging on the issue, the people said. The Reserve Bank of India, or RBI, has sought feedback on its draft circular, Forms of Business and Prudential Regulation for Investments, by November 20.
04.11 / 18:27
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US election results: Donald Trump holds edge over Kamala Harris, last-minute exit polls show
To win the elections, a candidates needs 270 of the electoral college votes. Latest opinion polls indicate that the elections will be decided by the results in seven battle ground states of Arizona, Nevada, Wisconsin, Michigan, Pennsylvania, North Carolina and Georgia. Of these, Michigan and Pennsylvania play key role to them reaching the 270-mark.
04.11 / 18:27
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Best Dog food to keep your pet happy, healthy and shining
Read more about other Pets items on the Top Trending Products page. Check out the best dog food below. 1. Chappi Adult (1+ Years) Dry Dog Food Chappi Adult (1+ Years) Dry Dog Food, Chicken & Rice, 20 kg, Complete and Balanced Food for Adult Dogs,15% Off₹2,635₹3,100Buy Now Chappi Adult (1+ Years) Dry Dog Food, Chicken & Rice, 20 kg is specially formulated to provide complete and balanced nutrition for adult dogs. Made with high-quality ingredients like chicken and rice, this dry dog food offers a delicious flavor that appeals to even the most sensitive dogs. Packed with essential vitamins, minerals, and fiber, Chappi supports natural defenses, digestive health, and healthy mu
04.11 / 18:27
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Factory activity rebounds in Oct after hitting 8-month low in September
India's manufacturing activity rebounded in October, marking a positive beginning for the third quarter of the current financial year, driven by new orders, international sales and production, according to a private survey released on Monday. The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 57.5 in October from an eight-month low of 56.5 in September. It was 55.5 in October 2023. A reading above 50 indicates expansion, while below that signifies contraction.
04.11 / 18:27
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NFRA may take up revision of 35 audit standards next week
NFRA) will likely deliberate on the revision of all the 35 standards on auditing (SA)-including the SA600 for which it has issued draft norms-and the issues that have sparked its tussle with the Institute of Chartered Accountants of India (ICAI) in its next board meeting on November 11 and 12, people aware of the development said. NFRA will also seek to review the standards on quality management (SQMs) of audit firms and 16 «consequential» changes in the audit standards, already floated by the ICAI on October 14. The meeting of the 12-member NFRA board is expected to be a stormy affair, as it has three representatives from the ICAI who would push for a pause in the upgrade of the SA600 and also assert the institute's right to issue the SQMs, one of the people told ET.
04.11 / 18:27
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US Presidential Election 2024: Are schools closed on November 5?
Reports indicate that numerous public schools across major cities like New York, Philadelphia, Chicago, and Washington D.C. will close or declare a non-attendance day for students. However, not all schools will follow this approach, so parents and guardians are advised to check their local school district’s calendar for specific details. Over 160 million voters are expected to cast their ballots, with former President Donald Trump (78) vying for a return to office against Vice President Kamala Harris (60), who could become the first woman president of the United States. Current polls show a deadlocked race, with both candidates at 49% support and only 2% of voters undecided. An estimated 75 million voters have already cast their ballots, though neither candidate holds a decisive lead across enough states to secure the 270 electoral votes required to win.
04.11 / 18:27
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Revenue dept forms 22 sub-committees to review I-T act
Revenue secretary Sanjay Malhotra conveyed this at a meeting taken by union finance minister Nirmala Sitharaman to take stock of the progress of the review announced in the Budget. Sitharaman chaired the meeting Monday to assess the progress as the government is looking to introduce the draft bill in the budget session. Apart from Malhotra, the meeting was attended Central Board of Direct Taxes Chairman Ravi Agarwal, and other senior CBDT officials The Department has also received 6,500 suggestion from the public, to simplify the IT law.
04.11 / 18:27
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NCLAT reserves order in Jaiprakash Associates' appeal
NCLAT), on Monday, reserved its order in Jaiprakash Associates Ltd's (JAL) appeal against NCLT's order of admitting it into insolvency. National Company Law Tribunal (NCLT) Allahabad passed an insolvency admission order earlier this year on ICICI bank's plea, holding the construction and infrastructure company to have defaulted on payments amounting to ₹1269 crore. JAL has argued that its total debt was restructured under the master restructuring agreement (MRA), and the default date mentioned by the lenders goes before the MRA, which is bad in law.
04.11 / 17:47
Booking
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Budget tax hikes spur record high equity fund outflows
Equity funds suffered their worst month of outflows on record in October with withdrawals reaching £2.7bn, according to the latest Fund Flow index from Calastone. After sell orders had surged 36% month-on-month, they plummeted by 40% overnight as CGT rate hikes took place immediately on the day of the Budget (30 October). UK gilt yields hit 2024 high as investors mull over Budget borrowing «Fears of a CGT grab in last week's Budget spurred investors to book their profits and crystallise a lower tax bill well before the chancellor rose to her feet in the commons,» said Edward Glyn...
04.11 / 17:31
04.11 / 17:19
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Arson attacks on ballot boxes in US spark election security concerns
In New York, the officials of the Board of Elections say a «stolen election» isn't possible and elaborate measures have been put in place to counter any subversive attempts. «A multi-jurisdictional national, state and city wide security plan is in place for NYC. Some of these you see, some you don't. All the ballots are secured by the NYPD and we work closely with them. A stolen election in NYC is not possible. We are always trying to stay ahead of the bad guys for sure,» says Vincent Ignizio, Deputy Executive Director Board of Elections in New York.
04.11 / 17:19
04.11 / 17:19
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FIVE
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Sebi issues Rs 130 cr demand notices to 5 entities in Reliance Home Finance fund diversion case
Sebi on Monday asked five entities, including Netizen Engineering and Citi Securities and Financial Services, to pay Rs 130 crore for the illegal diversion of funds from Reliance Home Finance Ltd. The regulator has warned these entities to attach assets and bank accounts if they fail to make the payment within 15 days. Those who have sent notices are Netizen Engineering Pvt Ltd, Gamesa Investment Management Pvt Ltd, Vinayak Ventures Pvt Ltd, Deep Industrial Finance Ltd and Citi Securities and Financial Services Pvt Ltd.
04.11 / 17:19
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Arcane Season 2 Part 1: See release date, time, plot and where to watch
Arcane Season 2 Part 1 on November 9, 2024. The last episode will be available on November 23, 2024.
04.11 / 17:19
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Yellowstone Season 5 Part 2: Check out premiere date, time, where to watch and episode schedule
Part 2, which premieres November 10, 2024.
04.11 / 17:19
UPS
Nov
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Justice
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SC verdict on pleas against HC order scrapping UP madrasa law on Nov 5
A bench comprising Chief Justice of India (CJI) D Y Chandrachud and Justices J B Pardiwala and Manoj Misra on October 22 reserved the judgement on eight petitions, including the lead one filed by Anjum Kadari, against the high court verdict. On March 22, the Allahabad High Court had declared the Act as «unconstitutional» and violative of the principle of secularism, and asked the state government to accommodate madrasa students in the formal schooling system.
04.11 / 17:19
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Making arrangements to provide Rs 1,000 to Delhi women soon, says Arvind Kejriwal
Mukhyamantri Mahila Samman Yojana for providing Rs 1,000 per month to all women aged above 18. Kejriwal said, «I am doing that work very soon in which Rs 1,000 will be deposited in your bank accounts.» The former chief minister, who undertook a 'padyatra' in north Delhi's Model Town area, also defended his schemes to provide free electricity and water while accusing the BJP of «stealing» public money.
04.11 / 17:19
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Dixon Technologies notifies incorporation of wholly-owned subsidiary Dixon Teletech
Dixon Technologies Tuesday notified incorporation of a wholly-owned subsidiary Dixon Teletech to make components for IT hardware products. The contract manufacturer is setting up facilities to ramp up laptop assembling under the production-linked incentive scheme for IT Hardware, with orders from the top four laptop brands in the country — HP, Lenovo, Acer, and Asus. «The wholly owned subsidiary has been incorporated with an object to undertake manufacturing and dealing in, inter-alia, all kinds of Information Technology Products including Information Technology (IT) hardware components, related products, equipment and components thereof,» the company said in an exchange filing.
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