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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
Blockchain
Ethereum
What lies ahead for Altcoins: Looking at the future of diversified portfolios
Latest news
22.10 / 18:15
markets
COST
UPS
Digital
Strategy
Bill
Mid-East crisis may inflate fertiliser subsidy bill by 9%
fertiliser subsidy bill to go up by 8-9% on the back of ongoing Middle East crisis, officials said, adding that the Centre wants to have the headroom for a future price shock. The fertiliser subsidy for 2024-25 is budgeted at ₹1.64 lakh crore, 13.18% lower than the revised estimate of ₹1.88 lakh crore for 2023-24. The Centre has released ₹17,814.80 crore for nutrient-based subsidy and ₹43,355.09 crore for urea subsidy until September.
22.10 / 18:15
markets
UPS
Digital
Manufacturing
Strategy
country
electronic
Electronics makers all charged up as India-China tensions ease
electronics manufacturing industry is hopeful the de-escalation of border tensions between India and China may speed up pending technology transfers, planned investments from Chinese companies and movement of capital goods. Some executives though said despite a thaw in the tensions, Chinese companies will remain cautious about investing in and sending executives to India, which would need to address the existing trust deficit. «We hope this will help the Indian industry in working with reliable Chinese companies without compromising our national security interests to develop a supply chain and other capabilities in India in the electronics sector and also grow trust between the two countries for their mutual benefit,» said A Gururaj, managing director, Optiemus Electronics.
22.10 / 18:15
markets
UPS
Digital
Action
Strategy
Justice
information
After prodding, UP informs SC it won't take action in Bahraich case till today
Uttar Pradesh government has informed the Supreme Court that the state authorities will not act on the demolition notices issued against the buildings of certain residents of Bahraich accused of rioting till Wednesday. The counsel for the UP government gave this undertaking in response to an application seeking protection against the proposed demolitions which was mentioned before a bench headed by justices BR Gavai and KV Viswanathan. Communal riots broke out in UP's Bahraich last week and state authorities issued notices to demolish the buildings of individuals booked in an FIR related to rioting by alleging that their constructions were illegal. Three of them moved SC on Sunday contesting the demolition notices.
22.10 / 18:15
markets
Digital
PINK
Death
Experts
reports
What is the Pink Cocaine drug that Liam Payne took just before his death?
Liam Payne passed away in October 2024 at the age of 31, the entire world was shocked. His partial autopsy, conducted less than a week after his death, showed that he was under the influence of several drugs, including pink cocaine, when he passed away, as quoted in a report by In Touch. Although the drug has the name cocaine, it contains no real cocaine. According to the National Capital Poison Center, pink cocaine is actually a powdered mixture of drugs that usually consists of ecstasy, ketamine, caffeine, and a psychedelic substance called 2-CB, as quoted in a report by In Touch.
22.10 / 18:15
markets
Digital
security
wellness
track
reports
rights
Companies to now report overseas staff exercising stock options
stock options, including share appreciation rights (SARs), cashless plans, as well those schemes where securities are held by trusts on behalf of non-residents. This was communicated to banks on Monday by the Reserve Bank of India as part of the amended guidance on foreign investment reporting and management system, two persons told ET. Companies will have to report the details of overseas persons exercising employee stock options plans to the banks, which in turn will inform the regulator.
22.10 / 17:45
COST
UPS
Strategy
trends
reports
UK funds record steepest drop in fees in the last decade
According to Broadbridge's US & European fund fees trends report, the changes in UK fees came on the back of shifting regulatory forces, with new rules, such as the Assessment of Value and Consumer Duty, leading to an increase in scrutiny of fund costs. Between 2013 and 2023, fees for UK passive strategies dropped by 73%, while charges for active strategies declined by 44%, below the active costs in Luxembourg. Passive asset managers pick up steam in fund selector rankings The US market experienced the second-largest fee decrease in the active management sphere at 32%. Broadbrid...
22.10 / 17:45
markets
UPS
Citi
Strategy
Mobile
Sustainability
Metro
Transforming urban mobility in India: EIB's investment in sustainable metro systems
Over 70% of transport-related greenhouse gas emissions come from road vehicles, with passenger cars contributing nearly half. So, it's essential for cities to invest in sustainable public transport systems that encourage people to rely less on their cars. European Investment Bank (EIB) is a key partner in this transformation of urban mobility. By financing the development of six modern metro systems in Agra, Bengaluru, Bhopal, Kanpur, Lucknow and Pune, EIB is helping to create more sustainable, accessible and cleaner transport options. To date, EIB has committed ₹30,225 cr to urban mobility in India, its largest investment in this sector outside of Europe.
22.10 / 17:45
reports
Investors flock to ISAs amid fears of Autumn Budget CGT hike
Hargreaves Lansdown and AJ Bell told Investment Week there has been a marked increase in activity among their ISA clients. HL reported a 39.6% rise in the number of investors maxing out their Stocks & Shares ISAs in the current tax year compared to the previous one. Similarly, AJ Bell said that in September alone there had been a 47% increase in ISA subscriptions and the number of Bed and ISA transactions has doubled compared with September 2023. UK finances near 'breaking point' ahead of Budget with public borrowing £1.5bn higher than OBR forecasts Such a phenomenon has also be...
22.10 / 17:45
CEO
country
classical
Interviews
Why Lee Hsien Yang's Singapore isn't ours
Singapore when all of us can't wait to land at Changi Airport and start our Diwali-to-Christmas shopping. But when the someone badmouthing is Lee Hsien Yang, younger son of Singapore's founding father Lee Kuan Yew, you hold on to your buffet ticket at Raffles Singapore just a wee bit tighter.
22.10 / 17:45
Platform
classical
Podcasts
Interviews
diving
Good reading between the lines
mindfulness was through an app: Headspace. NPR host Guy Raz dives into stories like this, interviewing successful entrepreneurs to uncover their journeys, in his podcast, How I Built This. Raz also offers practical advice for every step of the entrepreneurial path, from shaping your idea and raising funds to building a team, battling competitors, and eventually earning a proper salary. In this Feb 2022 episode, Goodreads: Otis and Elizabeth Chandler, Raz interviews founders of Goodreads, diving into how the husband-wife duo launched it in the mid-2000s. From coding the site in an LA apartment and persevering despite naysayers, to reaching their first users, and eventually striking a major deal with Amazon in 2013, the Chandlers' journey is a masterclass in persistence. Today, Goodreads is the world's largest platform for readers, boasting 125 mn users.
22.10 / 17:45
markets
Provident
security
Strategy
information
reports
Schools
Senior officials of Trudeau govt leaked intel about India to US publication alleges leading Canadian media
security adviser and the deputy minister of foreign affairs reportedly provided “sensitive intelligence about India to The Washington Post days before the RCMP publicly alleged that Indian government agents have been linked to homicides, extortions and other violent criminal activities in Canada,” leading Canadian daily Global and Mail alleged in its new report. “Two sources say Nathalie Drouin, a former deputy minister at Justice and now Mr. Trudeau’s top national security and intelligence adviser, and David Morrison, deputy minister at Global Affairs, gave a briefing on India’s interference operations in Canada to The Washington Post in the week before Thanksgiving. The intelligence was not to be reported until RCMP Commissioner Mike Duheme held a news conference on Thanksgiving Day,” The Globe and Mail reported quoting two sources. A spokesperson for Ms. Drouin and Mr. Morris denied any classified information was shared, according to Globe and Mail.
22.10 / 17:45
markets
COST
security
Sustainability
wellness
country
Old king coal must be market-facing
G Kishan Reddy, is a necessary step accompanying the country's recent foray into commercial mining that offers a means to reduce its energy import dependency. India needs access to all available energy sources to sustain a high economic growth rate. Given its coal reserves and demand for electricity, the industry must become more market-oriented to draw the required investment.
22.10 / 17:45
markets
UPS
economy
IMF upgrades UK growth forecast in boost to Reeves ahead of Autumn Budget
In its biannual World Economic Outlook, the Washington-based organisation revised its UK growth forecast for 2024 to 1.1%, up from the 0.7% predicted in July. However, its projection for 1.5% growth in 2025 remained unchanged. This change in the UK's economic outlook was the second largest uptick in projections since July among advanced economies, with only Spain receiving a larger predicted increase of 0.5%. IMF urges Reeves to temper debt levels to avoid triggering 'adverse market reaction' Ahead of her first major fiscal event next week, Reeves embraced the IMF's predictions: ...
22.10 / 17:45
Target
wellness
track
Pregnancy
testing
prevention
rights
No female foeticide, knowing sex or not
prenatal gender detection tests. His argument: the ban, in place since 1994, unfairly targets medical practitioners, while the real issue lies in societal attitudes against the female child. He's right about it being a societal problem.
22.10 / 17:45
markets
Digital
Action
Experts
evacuation
Schools
Cyclone Dana: West Bengal govt unveils preparedness plan for nine districts ahead of landfall
Cyclone Dana is likely to make landfall between Odisha's Puri and Sagar Island in West Bengal, West Bengal government has announced a detailed preparedness plan and a slew of measures to fight the impact of the Cyclone in the nine districts. West Bengal Chief Minister Mamata Banerjee said on Tuesday that she has created a seven-member team of Principal Secretaries, who will function as observers, have been deployed in nine the districts to monitor the situation and take action. The Chief Secretary will to monitor the situation round the clock and two control rooms have been opened, the Chief Minister said. West Bengal Chief Minister Mamata Banerjee announced that seven Principal Secretaries have been deployed to expedite preparedness and take action depending on the impact of the Cyclone.
22.10 / 17:45
markets
Provident
Digital
Mobile
Experts
Department
recommendations
TRAI seeks comments from stakeholders on authorisation for telecom and cloud-based networks
Telecom Regulatory Authority of India (Trai) has sought comments from stakeholders regarding the authorisation that would be granted for setting telecommunications, satellite or cloud-hosted telecommunications networks. The 166-page consultation paper, comprising 37 questions, follows a reference from Department of Telecommunications (DoT) dated July 26, seeking to get recommendations on terms and conditions, including fees or charges, for authorisation to establish, operate, maintain or expand telecommunications network as per the provisions of the Telecommunications Act, 2023. Subsequently, the DoT sent another letter, requesting the authority to consider an authorisation for satellite communication network under section 3(1)(b) of the Telecommunications Act, 2023.
22.10 / 17:45
markets
security
Strategy
War
blues
Schools
Israel-Hezbollah war: What is UN resolution 1701?
UN Security Council resolution that ended Israel's war with Hezbollah in 2006 could form the basis of a new ceasefire, though it would need to be better enforced. What is resolution 1701, and what problems were there with its enforcement? What does the text say? UN Security Council Resolution 1701 was voted in unanimously to end the 2006 war between Israel and Hezbollah, which killed around 1,200 people in Lebanon, most of them civilians, and 160 in Israel, most of them soldiers.
22.10 / 17:45
Boeing
Interviews
BoE chief economist Huw Pill slams ONS for inadequate jobs data
In a letter obtained by the FT, Pill told the ONS that while steps taken to address issues with ONS data are welcome, «they have not yet led to an improvement and it remains uncertain whether the credibility of labour force statistics will improve». The letter, addressed to ONS deputy national statistician Mike Keoghan in May, outlined the Monetary Policy Committee's critique of the statistics office's Labour Force Survey (LFS), a dataset that was suspended in October 2023 because of quality concerns. Despite the ONS reintroducing face-to-face interviewing to try to boost the LFS sa...
22.10 / 17:45
markets
Digital
Google
Opinion
Experts
RAI
Equality
'Half of 4+4' sparks viral debate, leaves the internet scratching their heads
correct answer is six. The question has divided viewers online, with opinions split on the correct answer. Some agree with the woman's response, but others believe the man’s answer is equally reasonable. The confusion seems to stem from whether «half» applies to the entire equation or just the number four.
22.10 / 17:37
markets
Digital
Strategy
PAM
show
Schools
peace
Manipur: WMC asks PM Modi to replace CM Biren Singh
World Meetei Council (WMC) in a letter to Prime minister Narendra Modi has sought replacement of the current chief minister N Biren Singh citing his inability to restore normalcy even after 17 months. The WMC letter stated, “We wish to express once again our grave concerns regarding the ongoing situation in Manipur, which has persisted for the last 17 months. The people of Manipur are in a state of utter confusion and distress due to the prevailing circumstances. To date, neither the Chief Minister nor anyone else has taken responsibility for the chaos that has plagued our state.In a democratic framework, accountability lies with the head of the government for the outcomes of their leadership. A failure to govern effectively should prompt a resignation to allow for a new government under a new leadership”.
22.10 / 17:37
markets
security
Analysis
Trade
Experts
Diversity
show
Sebi bans Onelife Capital Advisors, promoters from securities markets for alleged fund diversion
Sebi has restrained Onelife Capital Advisors, its promoters — Pandoo Naig and Prabhakara Naig — from securities markets till further orders for alleged fund diversion and misrepresentation of the company's financials. The regulator also restrained Naigs from acting as a director or key managerial personnel of any listed company, which intends to raise money from the public or any Sebi-registered intermediary until further orders. In the interim order cum show cause notice passed on Monday, the markets watchdog directed Onelife Capital Advisors Ltd (OCAL) and Naigs to show cause as to why suitable directions/prohibitions should not be issued against them.
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