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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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01.11 / 12:37
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Jack Mintz: Canada isn’t broken but it is badly mismanaged
Pierre Poilievre says Canada is broken. Polls say 70 per cent of Canadians agree. But what does that claim really mean?
01.11 / 12:37
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2020
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The Canadian dollar is trading at lows not seen in years. Here’s what to know
TORONTO — The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here’s what you need to know.
01.11 / 12:33
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Do DINK and SINK families need succession planning?
MUMBAI: Succession planning for DINKs and SINKs—relevant?
01.11 / 12:27
COST
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Amazon keeps profit margins in Orbit
Subscribe to enjoy similar stories. Like its big tech rivals, Amazon.com is spending a king’s ransom on artificial intelligence. Unlike them, it also has plenty of customers dropping money on toothpaste and razorblades.
01.11 / 12:27
markets
Apple
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Apple marks record India, global quarterly revenues, driven by iPhone sales
Subscribe to enjoy similar stories. New Delhi: Apple on Friday logged an estimated $3.75-4 billion in India revenue in July-September, its highest quarterly sales in the country and the 10th straight three-month period when the iPhone maker's quarterly revenue has been higher year-on-year in the world's fifth-largest economy. In July-September of 2023, Apple's India revenue was estimated at $2.5 billion.
01.11 / 12:27
01.11 / 12:01
UPS
awards
trends
country
reports
India's coal and mineral output grows
India reported a 5.5% growth in iron-ore output at 135 million tonnes (MT) for the first half of the current financial year 2024-25. The country produced 128 MT iron-ore in the same months of the previous fiscal. Manganese ore production also rose by 6.2% to 1.7 MMT in fiscal 2024-25 from 1.6 MMT during the corresponding period of previous year. India also reported higher coal output during October 2024. Among non-ferrous metals, primary aluminium production in the months under review rose 1.2% over the corresponding period last year, increasing to 20.90 lakh ton (LT) during fiscal 2024-25. Refined copper production grew by 4.6% from 2.39 LT to 2.50 LT. According to the Mines Ministry, India is the second largest aluminium producer, among top 10 refined copper producers and fourth largest iron ore producer in the world. “These growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery,” a Mines Ministry statement said.
01.11 / 12:01
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Bill
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Adani reduces power supply to Bangladesh by half over outstanding bills: Report
Adani Power Jharkhand Limited (APJL), a wholly-owned subsidiary of Adani Power, has stopped half of its power supply to Bangladesh because of outstanding bills of USD 846 million, according to a local media report on Friday. Data from Power Grid Bangladesh PLC showed the Adani plant reduced supply on Thursday night, The Daily Star newspaper said. Bangladesh reported a shortfall of more than 1,600 megawatts (MW) on the intervening night of Thursday and Friday as the 1,496 MW plant is now producing 700 MW from a single unit, the newspaper reported. Earlier, the Adani company wrote to the power secretary asking the Bangladesh Power Development Board (PDB) to clear its outstanding dues by October 30.
01.11 / 12:01
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2020
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Petrol sales rebound on festival season, diesel demand continues to drop
festive season but diesel sales were down 3.3 per cent, preliminary data of state-owned firms showed on Friday. Petrol sales of three state-owned firms, which control 90 per cent of the fuel market, rose to 3.1 million tonnes during October when compared to 2.87 million tonnes of consumption in the same month last year. Diesel demand dropped 3.3 per cent to 6.7 million tonnes. While petrol sales were up mostly due to an increase in use of personal vehicles as the festive season kicked in, diesel demand dropped due to lower demand from the agriculture sector owing to the extended rainy season.
01.11 / 12:01
markets
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Maharashtra elections: All eyes on whether debutant Amit Thackeray can breach 'Sena bastion' Mahim
Shiv Sena in Mumbai's Mahim constituency, where MNS chief Raj Thackeray's son Amit Thackeray is making his electoral debut. BJP has added a layer of complexity to what otherwise seems like a three-corner contest involving Amit Thackeray, Shiv Sena's sitting MLA Sada Sarvankar and Mahesh Sawant nominated by rival Shiv Sena (UBT). Despite Shiv Sena being its ally in the ruling Mahayuti coalition, the BJP has expressed its keenness to back the MNS candidate. Efforts are underway to persuade Sarvankar to withdraw from the race, according to sources. The Mahim constituency, which witnessed the birth of the undivided Shiv Sena (1966) and then the Maharashtra Navnirman Sena (MNS) in 2006, sits in the heart of the city, stretching from Century Bazar in Prabhadevi to Mahim Koliwada.
01.11 / 12:01
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India's forex reserves fall to $684.8 billion, down $3.4 billion as of October 25
Typically, the RBI, from time to time, intervenes in the market through liquidity management, including through the selling of dollars, with a view to preventing a steep depreciation in the rupee. The RBI closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions by containing excessive volatility in the exchange rate, without reference to any pre-determined target level or band.
01.11 / 12:01
markets
UPS
Reuters
security
country
US asked Lebanon to declare unilateral ceasefire with Israel, sources say
They said the effort was communicated by U.S. envoy Amos Hochstein to Lebanese caretaker Prime Minister Najib Mikati this week, as the U.S. stepped up diplomatic efforts for a ceasefire between Israel and Iran-backed militant group Hezbollah. Mikati's office in a statement to Reuters denied the U.S. had asked Lebanon to declare a unilateral ceasefire. It said the government's stance was clear on seeking a ceasefire from both sides, and the implementation of U.N. Security Council Resolution 1701, which ended the last round of conflict between the two foes in 2006.
01.11 / 12:01
Provident
Platform
social
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Facebook India's advertisement unit sees FY24 profit grow 43% to Rs 505 crore
Social media major Meta's advertisement unit, Facebook India Online Services, has posted a 43% growth in profit to Rs 504.9 crore in the financial year ended on March 31, 2024, according to documents shared by Tofler. The company had posted a profit of Rs 352.91 crore in FY2023. Facebook India Online Services Private Limited is engaged in the business of selling advertising inventory to customers in India and providing IT-enabled support services and design support services to Meta Platforms Inc. The company reported a 9.33% increase in turnover to Rs 3,034.82 crore in FY24 against Rs 2,775.78 crore in FY23.
01.11 / 12:01
markets
Provident
Google
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social
Schools
Upcoming election is for saving 'Sanatan' in Jharkhand: Himanta
Himanta Biswa Sarma on Friday said that the upcoming assembly election in Jharkhand was for saving 'Sanatan' in the state. He claimed that the Hindu population in Jharkhand's Santhal Pargana region has declined from 90 per cent in 1951 to 67 per cent in 2011. Sarma, also the BJP's Jharkhand election co-incharge, was addressing an election rally in Deoghar district in favour of BJP nominee Randhir Singh, who filed his nomination from Sarath assembly constituency. «The election this time is not for JMM or Congress but for saving the Sanatan in Jharkhand,» he said.
01.11 / 12:01
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Pharmaceuticals
2 reasons why stock market is witnessing a tougher Diwali than expected
Indian indices have fallen 7-8% in the last month, wherein US indices have inched up 1-2% and the rest of world, including China, being stable. This could be due to two reasons a) The Chinese stimulus package announced in September to revise their real estate and stock markets b) Weaker than expected earnings results for India Inc. in Q2F2025 so far. FII outflow at over US$ 10 billion has been unprecedented, probably moving into China. The India Earnings growth story has been delayed but not derailed and it is just a matter of time. The themes we would like to be invested in the current environment are largely domestic facing sectors like the capex-related power sector against global, especially since we are having strong economic tailwinds and global headwinds for slowdown in growth. In the global facing sector, we would like to be invested in India’s outsourcing stories like pharmaceuticals.
01.11 / 12:01
markets
Sustainability
Death
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Features
Videos
Not a big fan of the house: Rahul Gandhi on 10, Janpath
Rahul Gandhi, who has spent a lot of time at the 10, Janpath bungalow in Lutyens' Delhi, says he is «not a big fan» of the house. The reason is that his father and former prime minister Rajiv Gandhi was living in the 10, Janpath house when he was assassinated in Tamil Nadu's Sriperumbudur on May 21, 1991. «My father died (while he was living) here, so I am not a big fan of this house,» Gandhi tells his nephew Raihan Rajiv Vadra, while working with paint jobs workers at the 10, Janpath residence ahead of Diwali. The conversation is recorded as part of a Diwali video that Gandhi released on Friday in which he interacts with paint job workers and potters. The video also features Vadra with whom Gandhi is in conversation.
01.11 / 11:53
UPS
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Extreme
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Interviews
New York semiconductor site picked for $825 million in funding
U.S. Sen. Chuck Schumer says a semiconductor research facility in upstate New York will be getting $825 million in funding as one of three national technology centers
01.11 / 11:53
Provident
Citizens
Death
patient
prevention
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TEPCO ex-chair at time of Fukushima nuclear disaster dies at 84 while on trial over responsibility
Tokyo Electric Power Company Holdings' former chairperson, who led the emergency response after a meltdown at its Fukushima Daiichi nuclear plant and was accused of being responsible for failing to prevent the disaster as top management, has died, with...
01.11 / 11:49
Citi
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CEO
wellness
hospital
reports
patient
Indian ambulances getting an upgrade with more organized players
Subscribe to enjoy similar stories. Mumbai: India's ambulance sector is seeing an upgrade with several start-ups and the state government not just working to address the deficit but also upgrading it by launching advanced ambulances. For instance, Maharashtra’s hinterland is set to get a key medical upgrade with the state government partnering with Sumeet-SSG—a joint venture between Pune-based Sumeet Group Enterprises’s and Spanish emergency transport provider SSG Matrix—to deploy a fleet of 1,756 advanced ambulances.
01.11 / 11:49
UPS
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film
Universities
country
Why Indonesia’s horror films are booming
Subscribe to enjoy similar stories. JOKO ANWAR had a bleak childhood growing up in a slum in North Sumatra in Indonesia. “I was worried I might get kidnapped by Wewe Gombel," he says, referring to a female ghost in Javanese mythology known for abducting children.
01.11 / 11:49
Waters
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Bartenders shake up the business
Subscribe to enjoy similar stories. One of the key strengths of a good bartender is a razor-sharp memory. It’s useful not only to recall recipes in seconds, but also remember details, like a patron’s name and their preferences.
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