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UPS
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
Blockchain
Ethereum
What lies ahead for Altcoins: Looking at the future of diversified portfolios
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28.10 / 01:57
markets
UPS
economy
Sustainability
Experts
PAM
RBI's rosy growth forecast baffles economists
Reserve Bank of India’s upbeat growth estimates for the world’s fastest-growing major economy is causing both confusion and concern among economists. The central bank has stuck to its forecast that India’s economy will expand 7.2% in the year ending March 2025 despite recent evidence showing activity is starting to taper off. The RBI’s outlook is far more optimistic than the 6.5%-7% growth projected by Prime Minister Narendra Modi’s government. Investment banks like Goldman Sachs Corp. have already downgraded growth projections to as low as 6.5%. The RBI’s bullishness is underpinned by its view that rural spending is improving and private investment is picking up. Economists, though, point to sluggish urban consumption and weakening exports as a worry. If those warning signals aren’t heeded in time, the RBI runs the risk of keeping monetary policy too tight, undermining growth further, they say.
28.10 / 01:57
markets
Election
PAM
voice
social
Will try my best to understand every Worlikar's aspirations: Milind Deora welcomes candidature for Maharashtra polls
Shiv Sena leader Milind Deora expressed his gratitude and welcomed the party's decision to field him as a Mahayuti candidate from the Worli constituency and said that he is committed to understanding the aspirations of every resident of Worli and will ensure their voices are heard by Chief Minister Eknath Shinde. Taking to his social media handle on X, Shiv Sena leader Milind Deora said, «I agree with Shiv Sena's decision to field me as a Mahayuti candidate from Worli, Mumbai. I will try my best to understand the aspirations of every Worlikar and convey their voice to @mieknathshindeJi.» The Worli constituency will head to a high-profile battle in the elections as Deora will be up against Shiv Sena (UBT) leader Aaditya Thackeray.
28.10 / 01:57
markets
UPS
DELL
Trade
show
Pharmaceuticals
How a Mumbai drugmaker is helping Putin get Nvidia AI chips
Shreya Life Sciences from the many other commercial businesses that keep the Andheri neighborhood of India’s largest metropolis humming throughout the day. But this inconspicuous pharmaceutical company is part of a lucrative trade in leading-edge technology to Russia that has the US and its European allies worried at India’s burgeoning role as an intermediary in the sales. A Bloomberg News analysis of data compiled by trade-tracking firms ImportGenius and NBD shows that Shreya exported 1,111 units of Dell Technologies Inc.’s most-advanced servers to Russia in April-August of this year.
28.10 / 01:11
Election
Death
President
stage
country
International
Hero or villain? A question Indira’s life is still posing
Subscribe to enjoy similar stories. The 40th anniversary of the assassination of Indira Gandhi falls on 31 October. Despite numerous controversies, Indira is still remembered and will continue to be.
28.10 / 01:11
markets
UPS
Election
Trade
Experts
show
Stock market likely to continue its downtrend till US elections get over
Subscribe to enjoy similar stories. Equity markets could continue their downtrend, interspersed with a bounce, until after the US presidential elections on 5 November, market experts said.
28.10 / 01:11
markets
Provident
Platform
Software
Enterprise
NVIDIA
Research
Tech Inc hopes to do a SAP with Nvidia this time
Subscribe to enjoy similar stories. India's top tech services companies are riding the AI wave with chip giant Nvidia, betting on mutually beneficial partnerships like the ones they have with software giants SAP AG and Oracle Corp.
28.10 / 01:11
FIVE
economy
NVIDIA
President
Celebrity
country
concert
Mint Primer: Why top tech executives are heading for India
Subscribe to enjoy similar stories. Last week, Yann LeCun, one of the godfathers of artificial intelligence (AI), visited India. Alongside, Nvidia chief Jensen Huang made his annual visit.
28.10 / 01:11
markets
Strategy
Align
Trade
Cycling
recommendations
rights
“Investors should keep in mind that they have borrowed some future returns”
Subscribe to enjoy similar stories. Investors should keep in mind that they have essentially borrowed some returns from the future, and that is the reality, said Vetri Subramaniam, chief investment officer at UTI Asset Management Company. Moreover, expecting to achieve returns that exceed earnings growth from the starting point is a risky assumption.
28.10 / 01:11
markets
UPS
Target
FIVE
show
performer
Relationships
3 companies that could pay big dividends
Subscribe to enjoy similar stories. Remember the story of the man who killed the golden goose? In his greed to get more, he kills his steady source of gold. Some investors tend to make a similar mistake when they invest all their money in growth stocks, chasing only big gains.
28.10 / 01:11
markets
UPS
FIVE
Manufacturing
Remark
Trade
This Tata company is riding the biggest megatrend today. Will investors gain?
Subscribe to enjoy similar stories. Over the past decade, if there’s one word that has become synonymous with business, it’s “renewables". Every major corporation, big or small, is rushing to claim its share of the green energy pie.
28.10 / 01:11
COST
wellness
Cycling
show
consequences
ICICI Bank beats sector headwinds with robust Q2
Subscribe to enjoy similar stories. Amid a shortage of deposits, an emerging pain point for the banking sector is the stress in retail and rural segments. Slowdown in FMCG sales and recent earnings of some banks mirror this concern.
28.10 / 01:11
Provident
Aware
Manufacturing
Action
Experts
social
guidelines
Greenwashing guidelines likely spark class action suits against firms: Experts
Subscribe to enjoy similar stories. Increasingly aware Indian consumers are set to use new greenwashing guidelines to launch class action lawsuits against companies for flouting ESG— environmental, social and governance—norms, experts said. A class action is a legal mechanism that allows a group of people with a common grievance to file a single case against a party rather than separate lawsuits.
28.10 / 01:11
markets
UPS
FIVE
Manufacturing
economy
country
Department
Govt panel may approve ₹4,000 cr new PLI scheme for specialty steel next month
Subscribe to enjoy similar stories. A top government panel is likely to approve a ₹4,000-crore production linked incentive (PLI) scheme next month to boost the domestic production of specialty steel and curb imports, two persons in the know of the development said.
28.10 / 01:11
markets
UPS
Citi
exclusive
reports
International
The mega-merger brewing in India’s insurance marketplace
Subscribe to enjoy similar stories. InsuranceDekho, backed by TVS Capital Funds and Investcorp, is in advanced talks to merge with smaller peer RenewBuy in a cash-and-stock deal, according to two people familiar with the matter, in a transaction that will create India’s second-largest insurance aggregator. The deal will create India’s largest insurance marketplace by value after PolicyBazaar, which went public in 2021, the people cited above said, asking to remain anonymous.
28.10 / 01:11
COST
Target
Booking
Manufacturing
Strategy
stage
orienteering
Adani to build its first cement factory from scratch
Subscribe to enjoy similar stories. The Adani Group is in advanced discussions with the Odisha government to build its first greenfield cement factory, two years after embarking on its cement odyssey with a series of acquisitions. Group company Ambuja Cements Ltd is likely to build the 4 million tonnes per annum (mtpa) unit at a cost of ₹3,000-3,500 crore, said two people aware of the matter, including a government official.
28.10 / 01:11
28.10 / 00:33
McDonald’s
outbreak
reports
testing
travelers
Department
infection
Testing rules out beef patties as the source of E. coli outbreak, McDonald’s says
McDonald's says testing has ruled out beef patties as the source of the outbreak of E
27.10 / 21:07
27.10 / 21:07
markets
Election
President
Experts
Justice
2020
Courts
US election 2024: Donald Trump to be jailed after November 5 polls results?
Trump's four criminal cases are quietly chugging along in court even as his race against Vice President Kamala Harris dominates the news. Important legal battles continue to be fought, and motions to be filed. Even now, Trump's lawyers are preparing for him to be sentenced — possibly to jail time — on his one conviction so far at a hearing in New York City scheduled for three weeks after Election Day, NYT Service reported. Trump has told people close to him that if he wins the election, the legal cases would simply «go away.» On Thursday, he said he would fire Jack Smith, the special counsel who filed two federal cases against him, «within two seconds» if he regains the White House. «I don't think they'll impeach me if I fire Jack Smith,» Trump, who was impeached twice by the House of Representatives, told radio host Hugh Hewitt.
27.10 / 21:07
markets
Digital
Man
Tesla
Election
Actor
reports
Robert Downey Jr. takes 'behaviour' dig at Elon Musk. Here's what Iron Man actor said
Robert Downey Jr. has said that billionaire Elon Musk needs to behave well. "Iron Man" actor's remarks comes at a time when Tesla owner has openly backed Republican presidential nominee Donald Trump in the US election 2024, according to a report on Variety. Robert Downey Jr. in an interview with «On with Kara Swisher» podcast said that he wished that Musk would control his behaviour, as per the report on Variety. Elon Musk and Robert Downey Jr. shared sliver screen in «Iron Man 2» in 2010.
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