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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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31.10 / 17:21
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California voters consider controversial vacation homes tax in iconic Lake Tahoe area
Voters in the scenic mountain town of South Lake Tahoe in Northern California are considering a tax on vacation homes
31.10 / 17:21
UPS
economy
ICE
Death
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Asia needs to spend much more to adapt to climate change and limit its damage, bank study says
A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt to changing weather patterns and natural disasters
31.10 / 17:21
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Paris court lifts ban on Israeli firms exhibiting their weapons at Euronaval trade show
A Paris commercial court has lifted a ban that had prevented Israeli defense companies from exhibiting weapons used by its military in the Mideast conflicts in Gaza and Lebanon at the upcoming Euronaval trade show
31.10 / 17:21
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60,000 Wawa-branded tumblers recalled because their metal straws can cut customers
Some 60,000 Wawa-branded beverage tumblers are under recall due to a laceration hazard posed by the products’ metal straw
31.10 / 17:21
31.10 / 17:07
31.10 / 17:03
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Walking pneumonia cases surge among children; All you need to know about the contagious infection
mycoplasma pneumonia are increasing across the U.S., particularly among young children, according to the Centers for Disease Control and Prevention (CDC). According to an NPR report, Preeti Sharma, a pediatric pulmonologist at UT Southwestern and Children's Health in Dallas, has observed the rise firsthand. This condition, caused by the Mycoplasma pneumoniae bacteria, initially appears as mild cold symptoms but progresses to a persistent, disruptive cough. Sharma noticed the symptoms in her 12-year-old daughter, who came home with a runny nose, sneezing, and a sore throat, which progressed to a lingering cough. “She had a runny nose, some sneezing, a little bit of sore throat, and a little bit of kind of feeling fatigued, lower appetite,” Sharma said.
31.10 / 17:03
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PayDay
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Big Tech's AI splurge worries investors about returns ahead of Amazon results
Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested. Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI investments. Alphabet, too, reported on Tuesday that these expenditures would remain elevated. Amazon, which is set to report results after market hours on Thursday, is likely to echo these forecasts.
31.10 / 17:03
markets
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Experts
War
Manipur govt to set up memorial for Major Ralengnao Bob Khathing
Chief Minister N. Biren Singh on Thursday said that his government had already earmarked an amount of Rs 3 crore for the construction of a memorial for Major Ralengnao Bob Khathing who laid claim to Tawang as an integral part of India Defence Minister Rajnath Singh virtually dedicated to the nation ‘Desh ka Vallabh’ statue of Sardar Vallabhbhai Patel, and Major Ralengnao ‘Bob’ Khathing ‘Museum of Valour’ at Tawang in Arunachal Pradesh on Thursday. Singh carried out the inauguration from 4 Corps Headquarters in Assam’s Tezpur as he could not visit Tawang due to bad weather.
31.10 / 17:03
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Three more wild elephants die in MP's Bandhavgarh, toll rises to 10
«At present, we have not found any foul play (in the death of elephants). I have visited so many nearby areas. I am not seeing any foul play as of now. But let us see what (autopsy and forensic) reports say,» he said. «A five-member team of the Wildlife Crime Control Bureau from Delhi is in the reserve. The National Tiger Conservation Authority's Nagpur-based regional officer, assistant inspector general of forests Nandkishore Kale, was camping here to get first-hand feel of the situation,» Ambade said.
31.10 / 17:03
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War
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social
Russia shifts more funds to military in budget draft
Russian government is seeking to reallocate 7 trillion roubles ($72 billion) in its three-year budget draft, with a significant portion of the funds directed towards the military, Finance Minister Anton Siluanov said on Thursday. The draft allocates 13.5 trillion roubles to the military in 2025, accounting for a third of total expenditure or 6.3% of GDP — the highest level since the Cold War. New amendments suggest that this figure could be even higher. For the first time, the share of spending on defence will be double that of social spending. Siluanov told a cabinet meeting that the government has prepared about 900 amendments to the draft.
31.10 / 17:03
markets
MET
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Maharashtra polls: Parties work overtime to get rebels to withdraw nominations
Ajit Pawar, of the NCP, met his counterpart and senior BJP leader Devendra Fadnavis at the latter's residence in south Mumbai to discuss withdrawal of nominations. Pawar later met independent candidate Nana Kate from Chinchwad assembly seat in Pune district to prevail upon him to opt out of the poll fray. Kate, however, remained adamant about contesting. The Nationalist Congress Party, the BJP and Chief Minister Eknath Shinde's Shiv Sena comprise the ruling alliance, also called the Mahayuti. Fadnavis, on his part, held meetings with party colleagues and also contacted some rebels. CM Shinde held a meeting with his colleagues at his residence in Thane to discuss the possible impact of rebels on the results and the way forward.
31.10 / 17:03
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COST
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War
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Israeli cabinet set to approve austerity budget amid wars
Israeli cabinet ministers were to start voting later on Thursday on a long-awaited wartime budget for 2025 that will rein in spending and raise a host of taxes to pay for the military conflicts that have engulfed the country. The wars in Gaza and Lebanon have cost Israeli coffers tens of billions of shekels on spending for defence — equipment and in manpower after hundreds of thousands of citizens were called into reserve duty — and in compensation for those impacted. «Our security also depends on the economy. We cannot have a strong military if we have no way of financing it,» Prime Minister Benjamin Netanyahu said at the outset of the cabinet meeting before the budget vote, which could run into the night.
31.10 / 17:03
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International
Pakistan's effort to privatise national airline gets sole bidder offering lower than govt-set minimum price
Pakistan International Airlines (PIA) was held at a hotel in Islamabad and shown live on the state-run PTV channel. The move to sell the PIA and other loss-making state-owned enterprises is part of the deal with the International Monetary Fund (IMF) that recently agreed to provide USD 7 billion to Pakistan. The government had pre-qualified six groups in June, but only a real-estate development company, Blue World City, participated in the final bidding process.
31.10 / 17:03
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PAM
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voice
Courts
Amazon denies duping US consumers over Alexa's recording practices
Amazon.com has asked a U.S. judge to throw out a multibillion-dollar consumer lawsuit that claims the tech company's cloud-based voice service Alexa illegally collected and recorded private conversations without consent. Amazon said in a federal court filing on Wednesday in Seattle that the consumers had failed after years of litigation to show it engaged in unfair or deceptive practices. Amazon asked U.S. District Judge Robert Lasnik to rule for the company on the merits of the plaintiffs' claims, which would end the case before a trial.
31.10 / 16:21
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Target
Manufacturing
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CIBC
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Bank of Canada could deliver bigger rate cut again amid signs economy stalled
The Canadian economy posted flat growth in August, Statistics Canada said Thursday, but there were signs of a rebound stirring in September.
31.10 / 16:15
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COST
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Election
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Department
US weekly jobless claims at five-month low
unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September, showcasing the economy's strength heading into the final stretch of 2024 and just days before next Tuesday's presidential election. Though prices pushed higher last month, inflation is firmly on a downward trend, with other data on Thursday showing labor costs posting their smallest gain in more than three years in the third quarter. The data likely keeps the Federal Reserve on track to cut interest rates next week and again in December. «We are not concerned that inflation's progress toward the Fed's target is stalling, let alone reaccelerating,» said Ryan Sweet, chief economist at Oxford Economics.
31.10 / 16:15
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FIVE
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cricket
Kerala announces civilian awards to writer Sanoo, ISRO chief Somanath
Kerala government on Thursday announced the 2024 Kerala Awards, the highest civilian awards instituted by the state government on the model of the Padma Awards, whose eight recipients include eminent writer M K Sanoo, ISRO chairman S Somanath and cricketer Sanju Samson. Established in 2021, the awards are categorised into three groups — Kerala Jyothi, Kerala Prabha, and Kerala Shree — and announced every year in the wake of 'Keralappiravi', the state's formation day that falls on November 1. Sanoo will receive the Kerala Jyothi for his contributions to literature, while Somanath and Bhuvaneshwari will be honored with the Kerala Prabha for their accomplishments in the fields of Science and Engineering and Agriculture, respectively, according to a state government release. The Kerala Sree, awarded to five individuals, will go to Kalamandalam Vimala Menon (Art), Dr. T K Jayakumar (Health), Narayana Bhattathiri (Calligraphy), Sanju Samson (Sports), and Shaija Baby (Social Service, Asha Worker) and V K Mathews (Industry-Commerce), according to the release.
31.10 / 16:15
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innovations
Buzz Aldrin takes a giant leap, endorses Donald Trump for US Presidential Election
Buzz Aldrin, the second person to walk on the moon, has endorsed Donald Trump for the upcoming US Presidential elections. In a press release dated October 30, Aldrin expressed his support for Trump, highlighting the nation's pursuit of ambition, hope, and innovation. «America is a nation of bold ambition, hope, and energy. We are a nation of free thought, free association, and free movement. We are a nation that allows the best of humanity to emerge, and we strive for great things,» Aldrin said. He recalled his involvement in the mission to put a man on the Moon 50 years ago and voiced his disappointment in the government's inconsistent approach to space exploration. Aldrin, reflecting on his historic Apollo 11 mission over fifty years ago, voiced his disappointment with the government's fluctuating commitment to space exploration. He noted, «the government approach to space had waxed and waned,» describing it as a dynamic that «disappointed» him. However, he praised the Trump administration for reinvigorating national efforts in space, saying, «Under the first Trump Administration, I was impressed to see how human space exploration was elevated, made a policy of high importance again.»
31.10 / 16:15
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Analysis
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Features
Best Gaming Chairs Under 20000 for Ultimate Comfort and Style
This article explores the top-rated gaming chairs for gamers in this price range, highlighting their key features, benefits, and what makes them stand out. Whether you're a casual gamer or a competitive player, you’re sure to find the perfect chair to elevate your gaming setup.
31.10 / 16:15
markets
Digital
Strategy
awards
Experts
PAM
Bank lending to retail and services reined in
Lending to the services sector slowed to 15.2 percent year-on-year (y-o-y) in September 2024 from 21.6 percent a year ago, primarily due to lower growth in credit to ‘non-banking financial companies’, the RBI said. Retail loan growth moderated to 16.4 percent (y-o-y) in September 2024 as compared with 18.2 percent a year ago, largely due to decline in growth in ‘other personal loans’, ‘vehicle loans’ and ‘credit card outstanding, the central bank said. However, ‘housing’ – the largest constituent of this segment – recorded accelerated growth.
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