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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
Blockchain
MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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30.10 / 15:09
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Science is finding ways to regenerate your heart
Subscribe to enjoy similar stories. It is hard to mend a broken heart, but in a few years doctors might be able to do essentially that. Scientists are closing in on ways to help patients grow new heart muscle after a heart attack, as well as new lung tissue to treat fibrosis, corneas to erase eye pain and other body parts to gain a new chance at life.
30.10 / 15:03
UPS
Citi
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Ayodhya Deepotsav sets two new Guinness World Records in spectacular Diwali celebration on Lord Ram's land
Deepotsava since the installation of Ram Lalla in the newly built temple. Words like “Amazing, Youthful, Opulent, Dynamic, Heavenly, Yellow glow, and Admirable” barely capture the city's vibrant spirit as it welcomed devotees and tourists for this year’s historic festivities. Wednesday’s celebration marked the achievement of two Guinness World Records, set by the Uttar Pradesh Tourism Department, Ayodhya District Administration, and Saryu Arti Samiti. Ayodhya broke the record for the largest display of oil lamps, with 2,512,585 diyas lighting up the banks of the Saryu River. The second record saw 1,121 people performing ‘diya’ rotations simultaneously in a grand aarti, showcasing Ayodhya’s unity in devotion. Deepotsava, a five-day festival, commemorates Lord Rama’s return to Ayodhya after his 14-year exile and has grown in both cultural significance and tourism appeal. Since 2017, Ayodhya has transformed, drawing millions annually. Local businesses thrived as visitors flooded the city, with new hotels and nighttime activities enhancing Ayodhya’s vibrancy.
30.10 / 15:03
markets
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US elections 2024: Why Americans vote on first Tuesday of November
The act of voting on the first Tuesday that follows a Monday in November is a tradition that dates back almost 180 years. Back in the time, states had a window of 34 days for the citizens to vote and had to be done by the first Wednesday in December. But this created problems. But then it was contended that states that held elections early could potentially influence/sway the opinion of states that voted later.
30.10 / 15:03
Provident
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orienteering
Best Orient mixer grinders: Top models for powerful performance
With a variety of models available, each designed to meet different culinary needs, Orient mixer grinders cater to both novice cooks and seasoned chefs. Their sleek designs and user-friendly features ensure that even the most complex tasks become effortless. Investing in a high-quality mixer grinder can elevate your kitchen experience, allowing for creativity and innovation in meal preparation.
30.10 / 15:03
markets
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Mobile
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testing
Agnikul to go commerical early next year, aims 25 launches in a year
Agnikul Cosmos, incubated at IIT Madras, is set to launch its commercial operations within the next six to eight months. The space startup is in active discussions with 30 to 40 potential clients, exploring specific demands and use cases for its Agnibaan rocket, which is equipped with a unique 3D-printed engine, cofounder Srinath Ravichandran told ET. “We are seeing interest beyond traditional communication satellites. Industries are now considering space for advanced manufacturing processes, such as polymer crystallization and drug development, which benefit from the microgravity environment,” he said. The cofounder emphasized that 20% of the demand is coming from newer industries. Given the evolving market for small satellite launch vehicles, the company plans to scale its operations to support around 25 launches per year using its mobile launchpad Dhanush at Indian Space Research Organization (ISRO) facilities and become a significant player in this market.
30.10 / 15:03
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International
Iran amputates fingers of two men convicted of theft: NGOs
The two, brothers of Kurdish origin, each had four fingers on their right hands amputated by a guillotine machine at the prison in the city of Urmia in northwest Iran on Tuesday, the reports said. They were then transferred to hospital for medical care, the reports added.
30.10 / 15:03
UPS
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country
reports
EFC arm gets SEBI nod for SM REIT, set to launch Rs 500 cr initial public offer
registration for EMBERSTONE SM REIT as a Small & Medium Real Estate Investment Trust (SM REIT). Following this. EMBERSTONE SM REIT is eligible to make an initial offer for units of its first scheme for an amount of up to Rs 500 crores.
30.10 / 15:03
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Software
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Dropbox fires 20% staff; 528 people impacted: report
Dropbox, a cloud company offering cloud storage and client software facilities, announced the layoff of 20% of its workforce impacting a total of 528 people. In a letter to staff, the cloud company’s CEO Drew Houston said that the company is going through a significant transition as it shifts from a mature Financial Shared Services (FSS) business to focus on future growth with new products like Dash. “And while I'm proud of the progress we’ve made in the last couple of years in some parts of the business, we’re still not delivering at the level our customers deserve or performing in line with industry peers. So, we're making more significant cuts in areas where we're over-invested or underperforming while designing a flatter, more efficient team structure overall,” Houston wrote.
30.10 / 15:03
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Every Indian can be proud of India's journey in defence production: PM Modi
defence production and export, saying every Indian can be proud of this journey, as he gave a passionate call to startups, manufacturers and innovators to be a part of the sector. In a post on LinkedIn, he told the youth, startups, manufacturers and innovators that India's defence sector is calling them. This is their moment to be part of history, he added. «India needs your expertise and enthusiasm. The doors are open for innovation, the policies are supportive, and the opportunity is unprecedented. Together, we will make India not just Aatmanirbhar in defence but a global leader in defence manufacturing,» Modi said. «Together, let's build a stronger, self-reliant Bharat,» he said in a piece titled «India's Defence Revolution Takes Flight».
30.10 / 15:03
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Ahead of Market: 10 things that will decide stock action on Thursday
equity indices fell on Wednesday, dragged by declines in financial stocks after a two-session rally, as sentiment weakened amid ongoing foreign outflows and lackluster corporate earnings. The 30-share BSE Sensex dropped 426 points, or 0.53%, to close at 79,942, while the broader NSE Nifty fell 126 points, or 0.51%, to end at 24,340.
30.10 / 15:01
Autumn Budget 24: Government to raise taxes by £40bn to plug UK's fiscal hole
Delivering the Labour Party's first fiscal event in 14 years, she told MPs in parliament today (30 October) that taxes would need to be raised by £40bn, one of the largest increases in a generation. «Any chancellor standing here today would have to face this reality, and any responsible chancellor would take action,» she said during her speech. «That is why today, I am restoring stability to our public finances and rebuilding our public services.» The chancellor said Britain had inherited broken public finances and public services from the previous government, and pointed once again ...
30.10 / 15:01
Death
Autumn Budget 24: Inherited pensions to face IHT from 2027
Pensions are currently exempt from IHT and not classed as part of an estate when someone passes away. «We will close the loophole created by the previous government, made even bigger when the lifetime allowance was abolished, by bringing inherited pensions into inheritance tax from April 2027,» Reeves said. Autumn Budget 24: Chancellor Reeves sets 20% IHT rate on AIM shares Pension death benefit rules mean there is no tax to pay for any recipient if the member dies before the age of 75. If death occurs before age 75 then no tax applies, and if after age 75 then the beneficiary p...
30.10 / 15:01
UPS
reports
Autumn Budget 24: Labour raises lower and higher rates of capital gains tax with immediate effect
In her Autumn Budget today (30 October), Reeves said that CGT on residential property will remain unchanged at 18% and 24%. In addition, Reeves said she will increase CGT rates on carried interest to 32% from April 2025, up from 28% as it currently stands. The hike in CGT rates comes on top of the slashing of tax-free allowance over the past years from £12,300 a year in 2022/3 to only £3,000 this year. However, the hike in CGT rates introduced today is lower than earlier reports this month from The Guardian, suggesting Treasury officials were taking into consideration a rise in CGT...
30.10 / 15:01
Autumn Budget 24: Reeves promises to meet changed fiscal rules by 2030
Delivering the Labour party's first Budget since 2010 today (30 October), Reeves said the Labour party cannot undo «14 years of damage in one go». However, the chancellor's new «stability rule» will «bring the current Budget into balance, so that we do not borrow to fund day-to-day spending», she added, while her fresh «investment rule» will change the way debt is measured in the UK. «We will meet this rule in 2030 until that becomes the third year of the forecast. From then on, we will balance the current Budget in the third year of every Budget held annually each autumn,» Reeves d...
30.10 / 14:43
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US economy grew 2.8% in the third quarter, slower than expected
TrendMacro chief investment officer Don Luskin offers his analysis after Jamie Dimons criticism of the economy under Biden-Harris on «The Evening Edit.»
30.10 / 14:43
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Baby powder recall expands over possible asbestos contamination
Check out what's clicking on FoxBusiness.com.
30.10 / 14:43
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Private sector job growth surges in October, ADP says
Check out what's clicking on FoxBusiness.com.
30.10 / 14:37
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2020
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Reynolds and McElhenney buy Wrexham Lager brewery after rejuvenating the city's soccer team
Ryan Reynolds and Rob McElhenney have bought another piece of Wrexham — its brewery
30.10 / 14:37
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Eli Lilly’s third quarter earnings miss and forecast cut lead to sharp stock drop
Eli Lilly is dialing back its 2024 forecast after underwhelming Wall Street with third-quarter earnings and sales from two key drugs that missed expectations
30.10 / 14:37
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Chewy slides after filing shows third-biggest shareholder, 'Roaring Kitty,' sold his stake
Shares of Chewy slid close to 2% in overnight trading after a regulatory filing revealed that the meme stock trader known as Roaring Kitty had sold his stake in the online pet store
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