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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
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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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22.10 / 13:27
22.10 / 13:27
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Hezbollah claims drone attack on Israeli PM Benjamin Netanyahu's residence
Hezbollah claimed responsibility Tuesday for a drone attack last week targeting the home of Israeli Prime Minister Benjamin Netanyahu, and acknowledged that some of its fighters have been take captive by the Israeli army. Hezbollah spokesman Mohammed Afif made the remarks during a press conference in Beirut's southern suburbs that was cut short following an Israeli evacuation warning for the area. An Israeli strike hit a target hundreds of metres (yards) away from the site of the conference just minutes after journalists left, an AFP video journalist said.
22.10 / 13:27
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testing
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Manipal Group's diagnostic arm acquires Mumbai-based iGenetic
Manipal HealthMap, the diagnostics arm of Manipal Group, on Tuesday said it has fully acquired Mumbai-based iGenetic Diagnostics for an undisclosed amount. Sources told ET that the deal size would be around Rs 200 crore. With this acquisition, Manipal HealthMap is set to strengthen its presence in key markets, including Maharashtra, Madhya Pradesh, and Karnataka, while expanding its pan-India reach. The acquisition will also complement Manipal HealthMap’s existing portfolio, particularly in specialized testing areas such as oncology, infections, fertility, and more.
22.10 / 13:27
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India’s GDP growth unchanged at 7% for FY25 by IMF
IMF) has maintained India’s growth forecast at 7% for FY25, consistent with its July prediction, highlighting that the "pent-up demand" during the pandemic is diminishing as the economy returns to its potential. It is 0.2 percentage points up from the April outlook. For FY26, the forecast stands at 6.5%. The projection is higher compared to both advanced and emerging economies. The global economy is expected to slow to 3.2% in 2024 from 3.3% in the year before.
22.10 / 13:27
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Use mining byproducts to make sand for construction projects: Coal Ministry report
Overburden (OB), the by product from mining operations, and process it to produce Manufactured-Sand (M-Sand), which can be used in construction projects. This move will reduce dependency on river sand and preventing environmental degradation, a Coal Ministry statement said. To make this possible, public-sector undertakings (PSUs) have commissioned four OB processing plants and five OB-to-M-sand pilot plants. Additionally, six more OB processing and OB-to-M-sand plants are currently in various stages of installation within the Coal/Lignite PSUs, the statement added. These plans have been listed in a report by a High-Powered Expert Committee (HPEC) of the Coal Ministry. The report has recommended that coal companies can be mandated to practice mining of other minerals present in OB strata or gainful utilization of OB for economic value rather than mining of just coal.
22.10 / 13:27
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Ukraine's Zelenskyy says only US green light on NATO invitation will sway reluctant Germany
NATO — is not welcome by some key Western partners, in particular Germany. Volodymyr Zelenskyy said Russia was also likely looking at the postelection scenario in the US to assess the possibility of cease-fire talks with Ukraine. He assessed that if partial cease-fire deals could be reached over attacks on energy infrastructure and Black Sea shipping routes, it would signal the end of the «hot phase» of the war. Zelenskyy spoke to journalists on Monday and his comments were embargoed until Tuesday. On NATO, Zelenskyy said France, Britain and Italy have shown signs of support. Germany has reservations, however, and Zelenskyy believes only a US green light will convince Berlin to accept the idea.
22.10 / 12:39
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Boeing strike costliest in economic damage so far in 2024
Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on The Big Money Show.
22.10 / 12:39
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Election day is closing in and investors are betting on the U.S. dollar
UBS Wealth Management senior vice president Brenda OConnor Juanas and Strategic Wealth Partners Mark Tepper look ahead to the elections impact on markets and notable earnings out this week.
22.10 / 12:33
COST
UPS
Southern
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Norfolk Southern tops third-quarter expectations with a boost from insurance and rail sales
Railroad Norfolk Southern’s streamlined operations delivered strong earnings last quarter, even excluding boosts from insurance payouts related to the disastrous derailment in East Palestine and the sale of two rail lines
22.10 / 12:33
Death
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A 2nd major recall for Honda in October, this time for pumps that can crack, leak fuel
Honda is recalling more than 700,000 vehicles because the high-pressure fuel pump may crack and leak fuel, which could increase the risk of a fire
22.10 / 12:25
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My presence not needed when talks are between BJP and Shiv Sena: Ajit Pawar
Ajit Pawar on Tuesday said the ruling Mahayuti alliance, led by CM Eknath Shinde, has almost finalised its seat sharing deal for the November 20 Maharashtra assembly elections. «Some seats have been finalised, while a decision on the remaining seats is expected today,» the NCP president told reporters. «There is no reason for me to be present at the meeting when the decision on some seats is to be taken between the BJP and Shiv Sena,» Pawar said, on his absence at the talks between leaders of BJP and Shiv Sena in Mumbai on Monday. The three (party leaders) are present when discussions concern all the three constituents of the Mahayuti alliance, he added. «As some candidates had to keep up with the „muhurat“ for filing of nominations, they have been allotted our party's A and B forms,» Pawar said. The A and B forms are important documents, which denote that a certain candidate has been approved by a political party and should be allotted the election symbol of that party.
22.10 / 12:25
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Bajaj Finance Q2 Results: Cons PAT rises 13% YoY to Rs 4,000 crore, misses estimates
Bajaj Finance on Tuesday reported a 13% jump in its net profit for the quarter ended September 2024 to Rs 4,000 crore versus Rs 3,551 crore posted in the year-ago period. The profit is attributable to the owners of the company. It was below ET Now poll estimates of Rs 4,070 crore.
22.10 / 12:25
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South Korea considers arms support for Ukraine amid North Korea’s alleged troop deployment to Russia
South Korea has warned that it might consider supplying weapons to Ukraine following allegations that North Korea has sent troops to Russia to bolster Moscow's military efforts in Ukraine. South Korean officials view these developments as a serious security threat, as they fear that Russia may reciprocate by providing North Korea with advanced weapons technologies that could enhance its nuclear and missile capabilities aimed at South Korea.
22.10 / 12:25
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SC extends interim protection to rape-accused Malayalam actor Siddique for two weeks
Supreme Court on Tuesday extended the interim protection from arrest till further orders granted to Malayalam film actor Siddique in an alleged rape case. A bench of Justices Bela M Trivedi and Satish Chandra Sharma allowed Siddique to file his rejoinder affidavit to the status report filed by Kerala police, which alleged lack of cooperation in the investigation on his part. Senior advocate V Giri, appearing for Siddique sought time to file a rejoinder affidavit to the status report but claimed that his client had been cooperating with the police's investigation. Senior advocate Ranjit Kumar, appearing for the Kerala police, said Siddique was hindering the investigation and had destroyed electronic devices besides deleting social media accounts.
22.10 / 12:25
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Amazon Great Indian Festival Sale 2024 LIVE Now: Min. 60% Off on Diwali Fashion deals
Discover unbeatable fashion deals during the Amazon Great Indian Festival Sale 2024! With massive discounts on top clothing, footwear, and accessories from your favorite brands, it’s the perfect time to upgrade your style. Whether you're looking for festive wear, casual outfits, or accessories, the sale offers something for everyone. Shop now to enjoy exclusive Diwali fashion offers and give your wardrobe a stylish makeover! Min. 70% Off on Stunn
22.10 / 12:25
22.10 / 12:25
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Amit Shah inaugurates welfare schemes at NDDB's Diamond Jubilee celebration at Anand
Amit Shah on Tuesday inaugurated welfare schemes at National Dairy Development Board's (NDDB) diamond jubilee celebration at Anand. “To place a cooperative produce in the market through branding and empowering cooperatives to compete properly with the corporates is our success, claimed Union Home Minister and Minister of Cooperation Amit Shah. He was inaugurating several farmer welfare schemes worth Rs 300 crore during the National Dairy Development Board's (NDDB) diamond jubilee celebration along with the commemoration of birth anniversary of Shri Tribhuvandas Patel in Anand. Speaking on the occasion, Shah said “Today, our Amul brand holds the top position globally, which is a significant achievement for us” adding that farmers of apricots from Ladakh, apples from Himachal, and pineapples from Meghalaya will benefit from the initiatives launched today.
22.10 / 12:25
22.10 / 12:25
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country
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Russia could double polymer production by 2030
polymer production capacity could double by 2030, according to government estimates, exceeding 15 million tonnes. The largest new project in the country will be SIBUR’s Amur Gas Chemical Complex, with a production capacity of 2.7 million tonnes of polyethylene and polypropylene per year. Setto launch in 2027, the complex is well positioned to tap into thegrowing potential offered by Asian markets.
22.10 / 12:25
UPS
Citi
Manufacturing
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Reliance Infrastructure launches defence project in Maharashtra with Rs. 10,000 crore investment over next decade
Reliance Infrastructure on Tuesday announced the setting up of the largest Integrated project for Manufacturing of Explosives, Ammunition and Small Arms in Ratnagiri, Maharashtra. The company has been allotted 1000 acres of Land in Watad Industrial Area of Ratnagiri, Maharashtra to develop Dhirubhai Ambani Defence City (DADC). DADC will be the largest Greenfield project in the Defence Sector in India by any Private Sector company, Reliance said in a statement.
22.10 / 12:25
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Edelweiss Asset Management former fund manager settles MF rule violation case with Sebi
fund manager of Edelweiss Asset Management has settled a case pertaining to alleged violations of mutual fund rules with markets regulator Sebi following a payment of Rs 19.5 lakh towards settlement charges. Abhishek Gupta allegedly failed to ensure that the funds of the schemes were invested to achieve the objectives of the scheme and by doing so he allegedly violated mutual fund rules. The order came after Gupta filed an application with Sebi proposing to settle the alleged violations «without admitting or denying of the findings of fact and conclusions of law» through a settlement order.
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