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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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28.10 / 15:19
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Voters in Liechtenstein withdraw state funding from the country's public radio broadcaster
Voters in Liechtenstein have voted to withdraw state funding from the tiny country’s public radio broadcaster, a decision that leaves the station’s future in doubt
28.10 / 15:19
Citi
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The leaders of India and Spain launch India's first private military aircraft plant
Indian Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez have inaugurated India’s first private military aircraft plant
28.10 / 15:19
28.10 / 15:19
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Boeing, in need of cash, looking to raise up to approximately $19B in offering
Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash
28.10 / 15:19
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How to protect yourself from scammers offering fake jobs
In the last year, job scams have been on the rise, according to the Identity Theft Resource Center, a nonprofit that helps consumers with identity compromises and crime
28.10 / 15:19
UPS
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Refugees
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France's president is visiting Morocco as Western Sahara change brings hopes of 'new honeymoon'
French President Emmanuel Macron is arriving in Morocco, where he is scheduled to meet with the North African kingdom’s leaders and discuss partnerships regarding trade, climate change and managing immigration
28.10 / 15:19
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Volkswagen's employee council says automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in Germany
28.10 / 14:43
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CarTrade Technologies Q2 Results: Profit skyrockets 6-fold to Rs 30 crore, revenue up 28%
CarTrade Technologies reported a six-fold increase in consolidated net profit at Rs 30.72 crore for the second quarter ended Sep 30, 2024. The company had posted net profit of Rs 5.04 crore in the corresponding period of the last financial year.
28.10 / 14:43
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Platform
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Unicommerce Esolutions logs Q2 net profit of Rs 4.4 crore, up 21% YoY
Ecommerce software firm Unicommerce Esolutions, which went public in August, saw its net profit increase by 21% to Rs 4.4 crore for the quarter ended September 2024. The company reported operating revenue of Rs 29 crore for the quarter, from Rs 26 crore a year ago. Its total income stood at Rs 30 crore. The company’s total expenses rose to Rs 24 crore in the September quarter from Rs 22 crore in the same period last year. A significant amount of the expenditure was attributed to employee benefits which amounted to Rs 16 crore and other expenses at Rs 6 crore.
28.10 / 14:43
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Maira Khan speaks about feminism: 'I believe in women staying at home and...'
Maira Khan recently stirred conversation with her candid remarks on feminism during a podcast interview. Known for her role in the drama series Babban Khala Ki Betiyann, Khan expressed her beliefs about women’s roles in society, stating, “I do not believe in feminism. I believe in women staying at home and raising kids, shopping around, pampering themselves, and traveling the world.”
28.10 / 14:43
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Gold Prices
Gold prices rise by Rs 500 per 10 gm ahead of Dhanteras festivities
The recent surge in the prices was a momentum play following an escalation in the Middle East conflict, with Israel preparing to act on Iran’s missile attack. The US Fed Reserve’s interest rate cut, central banks' gold buying, upcoming US election and geopolitical risk are continuing to remain the key supportive factors for bullion prices. Investors may look for accumulation on any decline in the prices. The current market environment could be favourable for a strategic allocation in gold as an investment in the portfolio, said Tapan Patel, Fund Manager-Commodities, Tata Asset Management.
28.10 / 14:43
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Citi
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Rain on Diwali? IMD says showers likely in Maharashtra
India Meteorological Department (IMD) has forecasted light showers in the city on October 30 and 31, aligning with the Diwali celebrations which start on October 29 and continue until November 3. Meteorologists noted that both day and night temperatures are expected to be slightly warmer than usual, with early morning mist predicted throughout the week. “An upper air circulation is anticipated over Maharashtra in the next two days, increasing moisture in areas like Madhya Maharashtra, which includes Pune,” a senior Met official explained.
28.10 / 14:43
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Cooper
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Inside
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How much money has billionaire Sean Diddy Combs lost? Is he on the verge of bankruptcy? Here's all you need to know
Diddy has lost money inside his declining empire as a former billionaire. Due to numerous high-profile lawsuits and federal criminal charges of racketeering and human trafficking, Sean Diddy Combs' empire, which includes everything from media and television to record labels and liquor brands, is collapsing, as quoted in a report by US Weekly. As a judge decided in September, prosecutors have cited Diddy's extravagant wealth as justification for refusing him bail, claiming that it makes him a possible flight risk who could leave the nation without being caught. Journalist Zack O'Malley Greenburg, known for his research on Diddy’s finances, asserts that while Diddy may have been a billionaire in the past, he is currently not one.
28.10 / 14:43
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Department
Centre earns Rs 279 crore from scrap disposal during ongoing cleanliness campaign
cleanliness campaign, officials said on Monday. The special campaign 4.0 launched by the government, with Department of Administrative Reforms & Public Grievances (DARPG) as the nodal department, will attain its stated objectives of institutionalisation of cleanliness campaigns and reduction in pendency with a saturation approach, according to an official statement. Giving details of the campaign being carried out from October 2-31, the Personnel Ministry said it has led to earning of Rs 279 crore through scrap disposal, freeing up of 127 lakh square feet OF space for productive use and redressal of 4.27 lakh public grievances. The statement said 29.47 lakh physical files were reviewed and 17.58 were identified and 15.44 lakh weeded out, said the statement issued by the Personnel Ministry, adding that 3.51 lakh e-files have been reviewed.
28.10 / 14:43
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performer
Bharti Airtel Q2 Results: Profit shoots up 168% on strong ARPU growth, subscriber adds
Bharti Airtel’s consolidated net profit for the fiscal second quarter jumped 168% on-year on the back of strong average revenue per user (ARPU) growth and subscriber adds, although a Rs 318 crore exceptional loss caused it to miss estimates. The nation’s second-largest telco posted a consolidated net profit of Rs 3,593 crore, which missed estimates as analysts were expecting a consolidated net profit of around Rs 4,311 crore in the September quarter.
28.10 / 14:43
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Jim Rogers' investment advice amid 'extremely bad' US recession prediction
Jim Rogers has said. Rogers, who co-founded the famed Quantum fund with billionaire George Soros in the 1970s, told MarketWatch in a recent interview that history would suggest that a recession is imminent. He believes “America’s never gone this long without a recession in its history,” and it’s “overdue” for more economic problems. “I do know there’s going to be a recession again, and I do know it’s going to be extremely bad.” If the economy turns sour, Rogers believes gold and silver will do well, along with commodities in general. Amid this prediction, Jim Rogers also has an investing advice.
28.10 / 14:43
markets
Digital
Google
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Features
BharatPe renames 12% Club as Invest BharatPe; enters larger wealth management play
BharatPe is working on introducing new investment and wealth management features on its peer-to-peer lending application 12% Club. The 12%Club app has been renamed Invest BharatPe and is available on the Google Play Store. It has launched digital gold for investments as its first product, the company said in a statement on Monday. Responding to ET's queries, BharatPe said that it has halted fresh deposits for its P2P lending product but the existing users will be able to access their investments through the new app.
28.10 / 14:21
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Waters
Pride
country
gatherings
World paying more attention to India now, listening carefully what it says: PM Modi
India with rapt attention and seriousness, and everyone is looking at the country with new hope and discussing the vast possibilities it presents in different fields. Addressing a gathering at Lathi in Amreli district of Gujarat after launching development projects worth Rs 4,800 crore, he said countries that participated in the recent BRICS summit (held in the Russian city of Kazan) expressed their eagerness to join hands with India and become partners in its development journey. German Chancellor Olaf Scholz, during his visit to New Delhi last week, announced that his country will issue visas to 90,000 Indians every year, and it is now up to the country's youth to prepare themselves as per their requirements, said Modi.
28.10 / 14:21
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Citi
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PAM
Merlin Group executing projects worth Rs 20,000 cr, revenue to double in 7-8 years
Merlin Group, Kolkata's largest real estate developer, is currently executing projects worth Rs 20,000 crore, which are expected to double its annual revenue over the next 7-8 years, a senior official said on Monday. The announcement coincided with the unveiling of the company's new brand identity. «We have been growing steadily year on year for the past 40 years. The group is currently developing 40 million square feet that is projected to yield a total sales of Rs 20,000 crore in the coming 7-8 years,» Merlin Group managing director Saket Mohta said. The current annual revenue of Merlin Group is about Rs 1500 crore, he stated.
28.10 / 14:21
markets
Reuters
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Death
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World's richest monarch is wealthier than King Charles. Check his net worth, source of income
King Maha Vajiralongkorn from Thailand, officially known as King Rama X, is the richest monarch in the world. Vajiralongkorn, 66, ascended to the throne after the death of his father, King Bhumibol Adulyadej in October 2016, according to a report from France24. His father ruled the Buddhist kingdom for 70 years, one of the world's longest-serving monarchs. Vajiralongkorn was crowned in May 2019 when his 88-year-old father Bhumibol Adulyadej passed away on October 13, 2016. What is surprising is that Charles III, the King of the United Kingdom, is a globally influential monarch but he did not make the list of the world’s top 10 richest monarchs. According to the sources, his net worth is estimated to be around $747 million. ALSO READ: Vasundhara Oswal, Indian-origin billionaire's daughter, detained in Uganda. A look at her Rs 1,649 crore house, lavish lifestyle
28.10 / 14:21
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Updates
JEE Main 2025 registration now open at jeemain.nta.nic.in: Check key dates, eligibility criteria, and more
NTA) has begun the registration process for the Joint Entrance Examination (JEE) Main 2025, with applications opening today, October 28. Interested students can register for JEE Main 2025 Session 1 through the official website at jeemain.nta.nic.in. The registration portal will remain open until 11:50 pm on November 22. Candidates can only apply for JEE (Main) – 2025 Session 1 online via the official website. According to the official notice, “The Application Form in any other mode will not be accepted.” The application fee can also be paid online using various methods such as credit and debit cards, net banking, and UPI.
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