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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
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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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23.10 / 12:57
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Road ministry decides to double 'defect liability period' under EPC contracts to 10 years: Gadkari
Nitin Gadkari on Wednesday said the government has decided to double the 'defect liability period' to 10 years for contractors of engineering, procurement and construction (EPC) projects. Currently, under EPC projects, the responsibility for maintenance of national highways lies with the government after the defect liability period (5 years) is over. «The quality of roads built under EPC mode is not good. The defect liability period under EPC mode is 5 years… and within 3 years, there are lots of problems on roads,» Gadkari said at an event here. The road transport and highways minister noted that the roads built under BOT (build-operate-transfer) or HAM (Hybrid Annuity Model) mode are in good condition because the responsibility of maintenance of roads lies with the contractor and he has to pay the price.
23.10 / 12:57
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Tech View: Nifty’s drop below 24,350 could trigger a slide to 24K in near term. How to trade tomorrow
The underlying trend of Nifty remains weak. Having placed around the crucial support as per weekly charts, one may expect chances of an upside bounce from here or from the lows. A sustainable close only above 24,650-24,700 levels could confirm the upside bounce. However, a slide below 24,350 is likely to drag Nifty down to 24K mark in the near term, said Nagaraj Shetti of HDFC Securities.
23.10 / 12:57
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Is there a chink in India's industrial armoury? RBI MPC's Nagesh Kumar explains why a 25-bps rate cut is needed
Nagesh Kumar, the newest member of the Reserve Bank of India’s Monetary Policy Committee (MPC), has pointed to demand deficits in both domestic and international markets as a primary reason for the lack of momentum in private investment. In the minutes of RBI MPC's October meeting, Kumar has highlighted that despite companies maintaining healthy balance sheets and the government’s various reforms and incentives, private sector investment is yet to pick up. Kumar, who was the sole MPC member advocating for a rate cut in the latest meeting, believes that weak demand is holding back the investment recovery.
23.10 / 12:35
Platform
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Meta bans accounts that track celebrity jet travel, including for Zuckerberg
Subscribe to enjoy similar stories. Meta Platforms took down accounts on Threads and Instagram that track the private jet travel of famous figures including Chief Executive Mark Zuckerberg, Elon Musk, Kim Kardashian and others. The company said the accounts, which use publicly available data to chronicle the planes’ movements, were suspended for privacy reasons, citing “the risk of physical harm to individuals." The episode echoes a decision Musk made to ban flight-tracking accounts on Twitter after he had acquired the platform, now called X.
23.10 / 12:35
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Netflix backs out of plan to develop blockbuster videogame
Subscribe to enjoy similar stories. Netflix is giving up on making the videogame equivalent of a Hollywood blockbuster and will instead focus on producing casual games going forward. The streaming giant earlier this month pulled the plug on developing its own high-end game—what the industry calls a Triple-A title—less than a year into development, a spokeswoman confirmed.
23.10 / 12:35
23.10 / 12:35
UPS
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2020
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The secretive billionaire network funding ‘Stop the Steal’ 2.0
Subscribe to enjoy similar stories. When Donald Trump refused to concede the 2020 election, he and his allies led a chaotic effort to overturn the results, spreading conspiracy theories, filing dozens of unsuccessful lawsuits and encouraging “Stop the Steal" protests that culminated in the assault on the Capitol.
23.10 / 12:35
UPS
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How much fun can you take at your work conference?
Subscribe to enjoy similar stories. PHOENIX—The conference at the 950-room JW Marriott Desert Ridge Resort in early October had everything hotel industry folks could want: Panels with the CEOs of Marriott, Motel 6 and Wyndham. Outlooks on the economy, room rates and travel trends.
23.10 / 12:23
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actress
Imran Khan's ex-wife advices Hania Aamir: Don't marry now, aim for India's film industry
Reham, who worked with Hania in the 2016 film Janaan, has closely followed the actress's remarkable journey from social media sensation to one of Pakistan's most beloved stars. Reflecting on Hania's early days of creating Dubsmash videos, Reham shared her pride in watching the actress evolve into a top-tier talent in the entertainment world. “Hania is truly a one-of-a-kind talent,” Reham remarked, adding that the actress's success was inevitable due to her dedication and charm.
23.10 / 12:23
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Videos
Akash-Isha Ambani flaunt Rolls Royce as twins explore Mumbai during night ride. Watch viral video
Isha Ambani, are celebrating their birthday today. A video showing Isha and Akash, along with Shloka Mehta, enjoying a night ride in their Rolls Royce on the streets of Mumbai is making rounds on social media. The viral clip shows the duo and Akash’s wife, Shloka Mehta, riding in a top-down Rolls-Royce. The video was shared by an Instagram page Soch! India with a brief caption, which read, "Ambani twins Isha and Akash take luxury to the next level with a joy ride in a stunning top-down Rolls! Just a casual day of living the dream." (sic). The video showed Akash driving the Rolls Royce, with Isha sitting beside him. Akash's wife Shloka Mehta entrepreneur and philanthropist, is seen sitting at the back. All three smile for a brief moment as they look at the camera. The video opens with a text that reads, “Nothing like a joy ride in a top-down Rolls for Ambani twins. Isha and Akash living their best life on the open road.”
23.10 / 12:23
markets
Strategy
Food
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PAM
performer
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HUL's cautious optimism: Can stable prices and rural recovery ease the FMCG path?
HUL) has provided a cautiously optimistic outlook for the upcoming quarters, suggesting that demand trends are likely to remain stable. As the FMCG giant navigates the evolving market landscape, it anticipates that low-single-digit price growth may be achievable if commodity prices stabilise at their current levels. In its second quater result the FMCG major witnessed a decline in food & refreshment and personal care segment. HUL's expectation of low-single-digit price growth is contingent on the stabilisation of commodity prices. Inflation often drives up the costs of raw materials, which can lead to increased prices for consumers. By indicating that price growth may remain stable if commodity prices stabilise, it could possibly mean easing inflationary pressures, which would be beneficial for both the company and consumers. Rohit Jawa, CEO and Managing Director of HUL, noted that while urban markets have experienced moderating growth in demand, rural areas are on a path to gradual recovery.
23.10 / 12:23
markets
UPS
Digital
Tesla
Boxing
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testing
Elon Musk’s humanoid robots are coming — But they won’t mow your lawn
Optimus, the humanoid robot that Elon Musk claims will do household chores and cure poverty, was a hit at Tesla Inc.’s recent product launch. While many Musk fans came for the main event — the reveal of the company’s much-hyped robotaxi — some in the crowd appeared more impressed with the faceless, black-and-white robots that danced, served drinks and interacted with human attendees. The movements of these bipedal robots were incredibly dexterous. It seemed almost too good to be true. And as the world later found out, it was: Tesla’s people were helping control the robot remotely behind the scenes. Musk’s robot is likely many years away from becoming a marketable household product. But multiple companies are testing human-form robots in warehouses and on factory floors, structured settings where the technology has a much better chance of succeeding in the near term. Humanoid robots being developed by Agility Robotics, Neura Robotics, Boston Dynamics, Apptronik, Reflex Robotics and others are more capable with each new version.
23.10 / 12:23
markets
Strategy
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PAM
social
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AI is not going to take over us, says Meta's top official
Yann LeCun, vice president and chief AI scientist at Meta on Wednesday. Social media giant Meta's first Build with AI Summit in India was held here to discuss AI's transformative role in shaping the future of humankind. «AI assistants will eventually be smarter than us, but we should not feel threatened by that. We should feel empowered by it. It's kind of like everybody would walk around with a staff of smart people working for them. There is nothing better than working with people smarter than you, right?» said LeCun in his keynote address. According to him, everybody is going to be smarter because of that. «It's not just people like us in the tech community or in academia. It's going to be everyone. Everyone in India, even in rural areas, can ask questions to their AI assistants in their own language or for health issues, whatever. And it's a very different future that will become possible,» he added.
23.10 / 12:23
COST
security
Enterprise
Food
wellness
reports
India's food inflation likely to ease by end of FY25, highlights RBI MPC minutes
food inflation is expected to ease by Q4 of this fiscal (FY25) on better kharif arrivals and rising prospects of a good rabi season, highlighted the Reserve Bank of India's latest report. The RBI-led rate setting panel, Monetary Policy Committee, in the minutes of October meet, has highlighted that the sowing of key kharif crops are higher than last year and the long-period average. «Sufficient buffer stocks for cereals are available for ensuring food security. Adequate reservoir levels, the likelihood of a good winter and favorable soil moisture conditions augur well for the ensuing rabi season, though adverse weather events remain a risk,» it added.
23.10 / 12:23
UPS
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Booking
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Now invest online in FDs giving up to 9.5% interest rate through MobiKwik; check details
small finance banks (SFB) to launch instant fixed deposits (FD) on its mobile app. Investors can open fixed deposit without the need to open a new bank account, stated a MobiKwik press release issued on October 23, 2024.
23.10 / 12:23
markets
MET
FIVE
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2020
PM Modi & Chinese President Xi Jinping meet for first formal talks in five years as ties recover from 2020 military clash
Xi Jinping held their first formal talks in five years on Wednesday, signalling that ties between the Asian giants damaged by a deadly military clash in 2020 had begun to recover. The two leaders met on the sidelines of the BRICS summit in the Russian city of Kazan, the Indian government and Chinese state media said, two days after New Delhi announced that it had reached a deal with Beijing to resolve the four-year military stand-off on their disputed Himalayan frontier. Relations between the world's two most populous nations — both nuclear powers — have been strained since a clash between their troops on the largely undemarcated frontier in the western Himalayas of Ladakh left 20 Indian and four Chinese soldiers dead in 2020.
23.10 / 12:23
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Watch as Israeli missile devastates Beirut building in seconds amid rising tensions
Hezbollah escalate, a missile strike on an apartment building in Beirut was captured live by Bilal Hussein, an Associated Press (AP) photographer. The incident is part of Israel's ongoing military campaign in Lebanon, aimed at targeting Hezbollah strongholds in the region. The dramatic moment occurred after an Israeli warning allowed the building to be evacuated. Hussein, who was positioned behind a tree for cover, was able to document the missile’s descent just moments before it struck, capturing the projectile’s final approach.
23.10 / 12:05
markets
UPS
Election
wellness
President
love
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What happens to Trump’s business If he wins? Eric Trump has thoughts
Subscribe to enjoy similar stories. NEW YORK—Twenty-five stories above Fifth Avenue in his sun-streaked corner office, Eric Trump talks about dazzling hotels and golf resorts in Oman and Indonesia, and a freshly signed development deal in Vietnam. Plans for Israel are on hold, given the war in Gaza, but “we’re going into Israel in a big way in the future." What happens if his father returns to the White House? “It’s too early to tell," said the second-born son of Donald Trump who helms the Trump Organization.
23.10 / 12:05
markets
Software
NVIDIA
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Nvidia chief makes case for AI-first companies
Subscribe to enjoy similar stories. ORLANDO, Fla.—Nvidia Chief Executive Jensen Huang told thousands of business technology leaders that their companies must become artificial intelligence-powered organizations to prepare for what he calls a “new industrial revolution." Huang spoke onstage at market research and consulting firm Gartner’s IT Symposium/Xpo event in Orlando on Tuesday, making the case that chief executives and chief information officers simply need to get started with AI, and the rest will follow.
23.10 / 12:05
UPS
Waters
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exclusive
Amazon Great Indian Festival Diwali Sale limited period deals on washing machine: Grab big offers NOW!!
Exclusive Diwali offers on front load washing machine: Top load washing machines are a convenient and user-friendly option for many households. They are easier to load and unload without bending, making them a great choice for people with mobility issues. These machines typically have faster wash cycles and allow for adding clothes mid-cycle.
23.10 / 12:05
markets
Provident
Target
Digital
Extreme
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cover
Jio aims to export high-speed fixed wireless access internet as managed service
Subscribe to enjoy similar stories. Reliance Jio aims to export its high-speed fixed wireless access (FWA) internet as a managed service rather than entering overseas markets directly as a telecom services provider, senior company officials said. Having already deployed nearly 1 million 5G sites across the country since October 2022, the Mukesh Ambani-owned telecom operator views FWA as the biggest use case for 5G not only in India but also in other global markets.
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