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UPS Provident Digital Crypto Die-Hards Think They’ve Found the Next Bitcoin

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markets UPS Digital Crypto is now mainstream. Investors of all ages are diving in.

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markets UPS Booking Manu Joseph: Why we cannot be sure Bitcoin’s secret creator is actually Adam Back

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markets Blockchain MET Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value

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markets Digital ETF Why this is the coldest crypto winter yet

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markets Cooper Trade A Bitcoin blunder for the ages: $40 billion accidentally given away

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markets UPS Binance One generation runs the country. The next cashed in on crypto

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markets FIVE Digital A new crypto winter is here and even the biggest bulls are worried

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markets Blockchain UPS Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?

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markets Blockchain MET Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value

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Blockchain UPS Provident The great crypto reckoning: Wake up and get real about this class of pseudo assets

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Blockchain Ethereum Digital JPMorgan steps further into crypto with tokenized money fund

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markets Blockchain UPS Mint Explainer: Why the RBI is wary of stablecoins—Crypto’s measured wing

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markets Blockchain Ethereum What lies ahead for Altcoins: Looking at the future of diversified portfolios

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Blockchain security economy Zoho's Sridhar Vembu explains why Infosys co-founder Nandan Nilekani's plan to tokenise land is 'seductive, but...'

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markets Blockchain Ethereum Top low-cap altcoins with massive upside

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Martin Gruenberg

FDIC chair to quit after scathing report on toxic culture

The White House says FDIC chairman to step down following report on agency's toxic workplace culture

Narendra Modi

Centre set to expand electrification drive to PSUs, state govts in boost for electric carmakers

Marriott bets on outbound Indian travel surge, rewires loyalty into experiences

Vladimir Putin

Now it’s Vladimir Putin’s turn to visit Beijing

Russia’s war is going badly—on the ground and in the air

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04.11 / 12:57

markets COST Platform Strategy Software Experts reports Spinny cuts FY24 net loss to Rs 590 crore; revenue up 14% on year to Rs 3,275 crore

Spinny managed to significantly narrow its net loss during FY24 to Rs 590 crore from Rs 820 crore in the previous year as it undertook rationalisation measures in a year that saw dwindling growth for the pre-owned vehicle sales industry. The Tiger Global-backed company reported a 14% year-on-year increase in operating revenue to Rs 3,275 crore for FY24, according to its financial documents sourced from Tofler. In FY23, Spinny had changed the way it recognised its revenue – calculating cash-and-carry sales in its revenue accounting instead of only commissions earned on sales through the marketplace. That had resulted in its topline jumping to Rs 3,262 crore in FY23, compared to Rs 109 crore in FY22.

04.11 / 12:57

markets XRP Platform wellness Experts performer stage Rexas Finance (RXS) hits new ATH as presale stage four sells out weeks earlier than predicted

In the growing world of decentralised finance (DeFi), the token Rexas Finance (RXS) is meant to be the main engine of the Rexas Finance platform, which aims to provide several solutions for the tokenisation of real-world assets. This allows businesses and people to tokenise the owned property, improve asset management, and facilitate access to funds without a conventional banking system. As the world of finance is constantly evolving with the advancement of blockchain technology, Rexas Finance has established its unique position by specialising in the tokenisation of assets. Asset tokenisation offers liquidity, synchronous transactions, and even better security, which are considered among the several factors that are attracting a lot of attention from institutional as well as retail investors, and the trend is only going to grow in the future. Presale stage four sells out earlier than predicted, hit

04.11 / 12:57

markets Reuters Racing Election wellness reports 2024 elections: 10 Senate races to watch in Tuesday's US polls

Senate, both by slim margins Republicans are well positioned to win the majority in the Senate on Tuesday's election but Democrats cannot be counted out entirely. Democrats face a tough fight in US election to preserve their narrow 51-49 majority in the Senate. Polls suggest the two parties could switch control of each chamber, with Democrats winning back the House and Republicans retaking the Senate, according to the BBC. ALSO READ: US elections: What if there's a tie between Donald Trump and Kamala Harris?

04.11 / 12:57

markets Citi Strategy awards Experts electronic Headlines Air purifier sales stagnate as marketers fail to capitalise on worsening pollution

Sales of air purifiers are limited to just 3-4 weeks after Diwali, that too mostly in the Delhi-NCR belt, with the market not even growing for some years which forced some top companies such as Samsung, Voltas, Panasonic, Daikin and Haier to either exit the segment or go “very slow”. Industry executives said consumers do not perceive air purifiers as a product which gives tangible value since they can’t see the effect in real time. Sales happen in Delhi-NCR when there is intense smoggy condition and worsening air quality index (AQI) hits the headlines.

04.11 / 12:53

Digital wellness Bill Trade social information reports For these collectors, it’s still all about the cash

Subscribe to enjoy similar stories. Even as the world increasingly moves toward digitized commerce, where transactions are conducted with the tap of a credit card and billions of dollars are moved electronically between banks, there is one group of people for whom hard cash is still king: collectors. As an alternative asset class, collectible banknotes offer significant potential value to investors, and the market for these paper artifacts is thriving.

04.11 / 12:53

COST Booking Glacier Adventure country beautiful travelers How this Pune couple planned a budget trip to the second most expensive country

Subscribe to enjoy similar stories. When Priti Jain and Arihant Baid set their sights on Iceland—a land of dramatic landscapes, glacier lagoons, and the enchanting Aurora Borealis—they knew they’d face one of the world’s highest travel price tags. Ranked as the second most expensive country in the cost-of-living index, Iceland offers beauty at a premium.

04.11 / 12:53

Fox Manufacturing economy Boeing wellness Textron reports Manufacturing sector sheds 78K jobs in last three months

Republican candidate for U.S. Senate in Michigan Mike Rogers expresses confidence in Trump and congressional Republicans to win election majorities and details his priorities to protect Detroits auto industry.

04.11 / 12:53

UPS FIVE Dreams Barcelona wellness Celebrity Sporting The 39-year-old who was just handed soccer’s impossible job

Subscribe to enjoy similar stories. When the call came last month with an offer to become manager of Manchester United, Ruben Amorim wasn’t given much time to think it over. This was a once in a lifetime offer, he was told, from one of the most celebrated clubs in sports.

04.11 / 12:53

UPS FIVE pop dance rights Colleges parachuting Connect with one old colleague or boss

Subscribe to enjoy similar stories. Let’s face it, you’re online right now, refreshing apps and looking for news. If you’re scrolling anyway, maybe try fixing something in your life—in 15 minutes or less.

04.11 / 12:53

Provident Photography shooting performer reports Features Sporting Oppo Reno 13 Pro leaks: Dimensity 9300 chipset, 80W charging and 50MP Periscope lens expected

Reno 13 series is expected to follow the pattern of its predecessor, the Reno 12 lineup, which included both a standard and a Pro variant. The upcoming models are likely to feature significant upgrades in terms of specifications and performance.The Oppo Reno 13 Pro smartphone is rumoured to be powered by the MediaTek Dimensity 9300 chipset, promising enhanced processing capabilities.

04.11 / 12:53

markets Manufacturing wellness Amgen reports testing patient Big Pharma’s obesity bonanza faces new tests

Subscribe to enjoy similar stories. In terms of recent stock-market frenzies, the Ozempic trade nearly tops the list, second only to speculation that artificial intelligence will soon be writing this column. Powerful weight-loss drugs like Wegovy and Zepbound have driven nearly $1 trillion in market-capitalization gains, with most of those gains flowing to Eli Lilly and Novo Nordisk, the dominant players in the obesity-drug market.

04.11 / 12:29

markets CEO Strategy trends Experts Schools Videos 'Retirement isn’t just about money': Zerodha co-founder Nikhil Kamath on early retirement and on the FIRE trend

Zerodha co-founder Nikhil Kamath has some advice for you. The billionaire recently tweeted a video from Zerodha discussing early retirement and its challenges. «I hadn’t realized how popular the Financial Independence, Retire Early (FIRE) trend had become until I saw this @Zero1ByZerodha video,» he wrote. «There's nothing wrong with wanting to retire early, but retirement isn’t just about money.»

04.11 / 12:29

UPS IPO WhatsApp Trade NSE Q2 Results: Profit jumps 57% YoY to Rs 3,137 crore, revenue up 24%

NSE), which is gearing up for its IPO next year, on Monday announced that its Q2 consolidated profit after tax jumped 57% year-on-year (YoY) to Rs 3,137 crore due to an 8% drop in expenses. NSE's September quarter operating revenue rose 24% YoY to Rs 4,510 crore. Apart from trading revenue, the revenue from operations was also supported by other revenue lines which mainly includes clearing services, data centre & connectivity charges, listing services, index services and data services.

04.11 / 12:29

markets UPS Digital Strategy Healthcare country medicines TechEagle launches drone hubs in collaboration with healthcare institutions in eight states

TechEagle on Monday announced the launch of eight dedicated hubs in collaboration with the country's premier healthcare institutions across eight states. The dedicated drone hubs, inaugurated virtually by Prime Minister Narendra Modi last week as part of Rs 12,850-crore multiple healthcare sector projects, will serve as critical points for rapidly deploying medical supplies, including essential medicines, vaccines, and diagnostic samples to underserved and hard-to-reach communities, TechEagle said in a statement. The eight dedicated facilities include hubs at AIIMS Guwahati, AIIMS Rishikesh, AIIMS Bilaspur, and AIIMS Bhopal, among others, it stated. With a targeted reach of over 200 locations across Assam, Uttarakhand, and Himachal Pradesh and others in the coming year, this initiative (of setting up dedicated hubs) will be a game changer for India's drone logistics landscapes, the company said.

04.11 / 12:29

markets Provident Digital Manufacturing Fighting security Modi regime ignored manufacturing, jobs creation, says Priyanka Gandhi Vadra

Priyanka Gandhi Vadra on Monday said Prime Minister Narendra Modi had ignored the manufacturing sector and job creation, while seeking to promote his friends in the business. The Modi regime was taking away the lands of tribal people and handing them to the PM’s friends in the business, she said addressing campaign rallies in Wayanad where she is contesting the November 13 bypolls as UDF Candidate. All PSUs, road contracts, seaports and airports were being handed to Modi’s friends, she said. “Tribals are the soul of Wayanad.” The AICC leader accused the NDA regime of weakening the Mahatma Gandhi National Rural Employment Guarantee (MNREGA) programme while interacting with women labourers in the plantation regions of Wayanad. She also highlighted her concerns about the programme in her campaign speeches.

04.11 / 12:29

markets Digital Strategy Election Schools rights Colleges Congress will snatch reservation for tribals, give it to its vote bank: PM Modi in Jharkhand

Congress of making attempts to snatch reservations meant for tribals and hand them over to its «vote bank». Addressing an election rally in Chaibasa in Jharkhand's West Singhbhum district, the PM said he worships those who have been rejected by the others. «Babasaheb Bhimrao Ambedkar has ensured the provision of reservation to protect tribal rights but Nehru-ji had opposed it. The Gandhi family opposed reservation till they were in control of power post-Nehru. Now once again they have openly announced that they will scrap reservations for tribals. They will snatch tribal reservations and hand it over to their vote bank,» he said. «They (Congress) have devised one more strategy. They are declaring schools, colleges and universities as minority institutions. By this, the reservation of tribals, Dalits and backward is being stopped. Beware of this conspiracy by Congress,» he added.

04.11 / 12:29

markets security Analysis Research Trade Experts rights Sebi allows MFs to invest in overseas funds with exposure to Indian securities

Markets regulator Sebi on Monday allowed mutual funds (MFs) to invest in overseas mutual funds or unit trusts that invest a specific portion of their assets in Indian securities. This is subject to the total exposure to Indian securities by such overseas funds not exceeding 25 per cent of their net assets. The move is aimed at facilitating ease of investment in overseas MF/UTs, bringing transparency in the manner of investment, and enabling MFs to diversify their overseas investments, Sebi said in a circular.

04.11 / 12:29

markets Target Digital Action Election President Investigations Donald Trump has a list of 'enemies from within' he plans to prosecute if re-elected

Former President Donald Trump, currently campaigning for the Republican presidential nomination, has prepared a list of names who he wants to investigate and prosecute if he wins the upcoming election. These groups include political adversaries, election workers, and individuals he identifies as part of the «radical left». Trump had earlier referred them as the 'enemy from within'. Trump has expressed concern about potential Election Day disruptions, stating, «We have some sick people, radical left lunatics… and it should be very easily handled by, if necessary, by National Guard, or if really necessary, by the military.”

04.11 / 12:29

markets Gap security Strategy awards Research reports Incremental credit-to-deposit ratio drops to 30 month low of 77.7%

loan-to-deposit ratio (LDR) moderating to 77.7% in October the lowest in the last 30 months, said a report by Motilal Oswal. Outstanding LDR was at 79%. Analysts say that the gap between credit and deposit growth will narrow down to less than 100 basis points over coming months versus 350 basis points seen presently. «While the gap between deposit and credit growth has narrowed from the peak of 8.8% in November 2022 to 3.5% currently, the high incremental LDR and continued regulatory watch on both LDR and liquidity coverage ratios (LCR) will drive further moderation in loan growth,» said Nitin Aggarwal, Institutional Research – Head BFSI, Motilal Oswal Securities. «We estimate the differential between credit and deposit growth to narrow down to less than 100 basis points over the year.» The LDR assesses a bank's liquidity by comparing total loans to total deposits, with a high LDR indicating potential liquidity issues. Indian banks' deposit growth has largely remained slow as savings are moving towards alternative avenues like mutual funds, equity investments, and real estate.

04.11 / 12:29

awards song singer musician jazz Michael Jackson's 'Thriller' album producer Quincy Jones, dies at 91

Michael Jackson, Frank Sinatra and Ray Charles, has died at 91. His demise came as a shock for music-lovers and condolences poured in from everywhere. As per the musician’s publicist, Arnold Robinson, Quincy Jones “passed away peacefully” on November 03, Sunday night at his Bel Air residence.

04.11 / 12:29

markets UPS Digital Strategy country Pakistan central bank cuts key rate by 250 bps to 15%

Pakistan's central bank cut its key policy rate by 250 basis points to 15% on Monday, it said in a statement, for a fourth straight reduction since June, as the country keeps up efforts to revive a sluggish economy with inflation easing. Most respondents in a Reuters poll last week expected a cut of 200 bps after inflation moved down sharply from a multi-decade high of nearly 40% in May 2023, saying reductions were needed to bolster growth. Average consumer price index inflation in the South Asian country is 8.7% in the current financial year, which started in July, the statistics bureau says. The International Monetary Fund (IMF) expects inflation to average 9.5% for the year ending June.

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